318 Placido Place, Panama City Beach, FL 32413
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  • MLS#: 785847 ( Residential )
  • Street Address: 318 Placido Place
  • Viewed: 4
  • Price: $1,275,000
  • Price sqft: $553
  • Waterfront: No
  • Year Built: 2007
  • Bldg sqft: 2304
  • Bedrooms: 5
  • Total Baths: 5
  • Full Baths: 4
  • 1/2 Baths: 1
  • Days On Market: 4
  • Additional Information
  • Geolocation: 30.241 / -85.9171
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32413
  • Subdivision: Laguna Beach
  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: Beachy Beach Real Estate
  • DMCA Notice
  • 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!
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Features
Building and Construction
  • Covered Spaces: 1.00
  • Exterior Features: Deck, FirePit, OutdoorShower
  • Fencing: Full, CrossFenced, Fenced, Privacy
  • Flooring: LuxuryVinylPlank
  • Living Area: 0.00
  • Other Structures: GuestHouse, Pergola
  • Roof: Metal
Land Information
  • Lot Features: SprinklerSystem, Paved
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: West Bay
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Gravel
Eco-Communities
  • Pool Features: Fenced, InGround, SaltWater, Private
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central, Ductless, Electric, Fireplaces, SeparateMeters, VariesByUnit, Zoned
  • Sewer: PublicSewer
  • Utilities: ElectricityAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ConvectionOven, ElectricOven, GasRange, GasWaterHeater, TanklessWaterHeater
  • Interior Features: InteriorSteps
  • Legal Description: LAGUNA BEACH 20C4 (17.1) LOT 19 & N 24.6' LOT 20 BLK 18 ORB 4688 P 2152
  • Levels: Two
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 37736-005-000
  • Style: Craftsman
  • The Range: 0.00
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