318 Placido PL Panama City Beach, FL 32413
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $553
Subdivision Laguna Beach
MLS Listing ID 785847
Style Craftsman
Bedrooms 5
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 2007
Annual Tax Amount $3,523
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Property Description
EXCEPTIONAL IN EVERY WAY! Opportunities like this are exceedingly rare -- a fully reimagined dual-residence coastal compound just three blocks from the Gulf, masterfully renovated to the highest of standards. The impressive 2,000+ square foot main home and private detached guest cottage (ADU) have been curated with designer-level finishes, sophisticated details, and impeccable craftsmanship throughout. Anchoring the property is a brand-new private in-ground saltwater pool, creating a true resort-caliber oasis that elevates both everyday living and upscale entertaining. Whether envisioned as a refined personal retreat, a multigenerational sanctuary, or a high-performing income-producing investment, this turnkey property delivers an extraordinary combination of luxury, flexibility, and long-term value rarely found in this coveted coastal setting.
The main residence with 4 bedrooms and 3.5 baths, welcomes you with an expansive open-concept living area centered around a gas fireplace and a showpiece kitchen featuring a gas, dual fuel chef's stove with convection oven, an oversized breakfast bar, abundant workspace, and seamless flow into the dining area with custom built-in seating. A private first-floor primary suite offers a spa-inspired bath, while a convenient laundry room and powder bath complete the main level. Upstairs, you'll find a second luxurious primary suite with a breathtaking bathroom featuring a soaking tub and generous tiled shower, along with an additional guest bedroom, full bath, and a custom bunk room with two built-in bunk sets--perfect for maximizing rental potential or hosting guests. Maintenance-free luxury vinyl plank flooring runs throughout the living areas, with tile in all baths for a clean, modern finish.
Outdoor living rivals that of a private resort. Enjoy the inground swimming pool, gas firepit with Adirondack seating, expansive back deck, and a fully outfitted entertainment area with large-screen TV. The professionally designed grounds include landscape lighting, hardscaping, charming fencing, a paver driveway, and a pergola-style carport.
Adding tremendous flexibility and value, the detached guest cottage features its own private driveway and entrance, allowing it to function as a completely separate rental or private residence. This studio-style retreat includes a stylish kitchen, living/sleeping space, and a beautifully appointed bathroom--ideal for guests or additional income.
Currently operating as a successful short-term rental with strong income history despite limited rental time, this turnkey property offers exceptional versatility--live in one residence and rent the other, or maximize returns by renting both. Connected to city sewer (a major advantage) and located in the highly desirable Laguna Beach area near 30A, this property delivers the look, feel, and quality of a premier coastal luxury home.
A true coastal compound combining lifestyle, location, and income potential--properties of this caliber rarely become available. Call your favorite realtor and make an appointment to see it today!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Interior Steps
Heating Central, Ductless, Electric, Fireplace(s), Separate Meters, Varies by Unit, Zoned
Cooling Central Air, Ceiling Fan(s)
Flooring Luxury Vinyl Plank
Fireplaces Type Gas
Fireplace Yes
Appliance Convection Oven, Electric Oven, Gas Range, Gas Water Heater, Tankless Water Heater
Exterior
Exterior Feature Deck, Fire Pit, Outdoor Shower
Parking Features Gravel
Fence Full, Cross Fenced, Fenced, Privacy
Pool Fenced, In Ground, Salt Water, Private
Community Features Short Term Rental Allowed
Utilities Available Electricity Available
Roof Type Metal
Porch Deck
Private Pool Yes
Building
Lot Description Sprinkler System, Paved
Story 2
Entry Level Two
Sewer Public Sewer
Architectural Style Craftsman
Level or Stories Two
Additional Building Guest House, Pergola
New Construction No
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
Senior Community No
Tax ID 37736-005-000
NEARBY SCHOOL & BUSINESS
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