Situated in the desirable west end of Laguna Beach, Panama City Beach, 311 Coronado Place presents a rare and versatile development opportunity in a market where such prospects are increasingly hard to find. This 0.07-acre lot, just steps from the stunning Emerald Coast beaches, offers unparalleled potential for developers, investors, or visionaries looking to create their dream project. The property, currently featuring an uninhabitable trailer, is being sold for its land value, with the seller offering to cover the cost of trailer and debris removal with an acceptable offer, paving the way for immediate redevelopment. For buyers seeking expanded possibilities, this lot can be purchased alongside an adjacent three-lot parcel, providing the chance to acquire a total of four prime developable lots. Envision building a single custom home, a pair of modern beachside residences, or even subdividing the larger parcel to create multiple units for vacation rentals or resale. Nestled in the heart of Laguna Beach, this property is located near iconic local attractions such as Thomas Donut & Snack Shop and Carousel Supermarket, ensuring convenience and charm that attract both residents and tourists alike. With its proximity to the Gulf and thriving market demand, this offering is ideal for those looking to capitalize on the high growth and rental potential of Panama City Beach. Whether you're dreaming of a legacy project or a profitable development venture, 311 Coronado Place provides the foundation to make your vision a reality. Don't miss this exceptional opportunity to own a piece of the Emerald Coast's most coveted neighborhood.
Property Details
Property Features
Listing Office:
Office Name: LPT Realty LLC
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Other
Directions Information:
Directions: Head south on W Bay Pkwy toward Airport Rd.Turn right onto FL-388 W. Merge onto FL-79 S towards Panama City Beach.Continue on FL-79 S until you reach Back Beach Rd (US-98 W) and turn right.Turn left onto Kelly St. turn right onto Coronado Pl.
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
Tax Information:
Annual Amount: $243
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
West Bay Elementary School
14813 School Dr
Distance between this listing and this school4.81 miles
Public District Grades KG-5
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school5.62 miles
Public District Grades KG-5
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school10.41 miles
Public District Grades KG-5
Nearby Schools
6
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school4.52 miles
Public District Grades 6-8
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school7.09 miles
Public District Grades KG-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school14.22 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school6.76 miles
Public District Grades 9-12
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school14.24 miles
Public Charter Grades KG-12
10
/10
Seaside Neighborhood School
10 Smolian Cir
Distance between this listing and this school14.26 miles
The neighbors living near this home have an average income of $22,148. Typical income of Panama City Beach, FL residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 311 Coronado Pl
What is the listing price of this property?
The listing price of 311 Coronado Pl property is $250,000.
What type of property is this?
The property 311 Coronado Pl is land located in Panama City Beach, Florida, 32413.
Is this property for sale now?
Active Listing: 311 Coronado Pl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $243 (source: MLS/based on county public records data).
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This home is located at 311 Coronado Pl in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $250,000.
While more than 8 listings in Panama City Beach, FL in November 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 90 were sold below. The inventory of homes for sale in Panama City Beach, FL between October 2024 and November 2024 increased by 1%. Listings spent 104 days on the market in November 2024, and had a median list price of $454,516 during the same period.
From Rocket Homes Real Estate and based on county public records data.