316 El Reposo Place

Panama City Beach, FL 32413

$700,000
Price
3
Beds
1
Bath
1,040 Sq. Ft.
$673 / Sq. Ft.
1,040
Sq. Ft.
$673
per Sq. Ft.

Description

Situated on an oversized 0.22-acre lot in the coveted west end of Laguna Beach, 316 El Reposo Place offers an exceptional opportunity for investors, developers, or beachside dreamers to own a rare property just steps from the pristine sands of the Emerald Coast. This charming 2-bedroom, 1-bathroom bungalow sits on a parcel three times the size of a standard lot, providing ample space to build two additional homes on-site or create a multi-unit rental venture, making it a standout opportunity in this...Situated on an oversized 0.22-acre lot in the coveted west end of Laguna Beach, 316 El Reposo Place offers an exceptional opportunity for investors, developers, or beachside dreamers to own a rare property just steps from the pristine sands of the Emerald Coast. This charming 2-bedroom, 1-bathroom bungalow sits on a parcel three times the size of a standard lot, providing ample space to build two additional homes on-site or create a multi-unit rental venture, making it a standout opportunity in this high-demand market. The home itself welcomes you with a cozy screened-in porch, leading to well-maintained interiors featuring sleek vinyl flooring, a spacious master bedroom, and an open-concept kitchen and dining area. Practical touches such as an enclosed outdoor shower and a large backyard workshop set on a durable concrete slab add functionality and charm. For buyers with an expanded vision, this property is available alongside the adjacent lot at 311 Coronado Place, creating a combined footprint with the potential for up to four buildable lots if the existing structures are removed and the properties are subdivided. Located near iconic local spots like Thomas Donut & Snack Shop and Carousel Supermarket, 316 El Reposo Place is perfectly positioned to enjoy the relaxed yet vibrant atmosphere of Laguna Beach. Whether you envision developing an expansive residential project, creating a vacation rental paradise, or enjoying the cozy charm of this existing bungalow, this property offers a rare combination of location, potential, and versatility. Don't miss this chance to capitalize on one of Panama City Beach's most sought-after opportunities--schedule your private showing today and start planning your dream development or investment.
  1. Listed by Josh T Gettings • LPT Realty LLC
  2. Listed by The Gettings Group • LPT Realty LLC

Property Details for 316 El Reposo Place

Architectural Style
Bungalow
Waterfront
No
Parking Features
Detached Carport, Unpaved
Subdivision Name
Laguna Beach
Zoning Description
Resid Single Family
LISTING UPDATED: 12/06/2024 07:47 PM

Property Details for 316 El Reposo Place

StatusActive
MLS #764400
Days on Market40
Taxes$738 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached / Detached
Year Built1961
Lot Size0.22 AC / 9,583 SF
CountyBay County

Building Information for 316 El Reposo Place

Stories-Year Built1961Building Size-Lot Size0.22 AC / 9,583 SF

Property Information for 316 El Reposo Place

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • 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 El Reposo Pl.
  • Postal Code: 32413
  • Latitude: 30.24178
  • Longitude: -85.917951
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0324 - Beach - West Central
Taxes and HOA Information
  • Parcel Number: 37774-000-000
  • Association: No
  • Tax Annual Amount: $738.00
  • Tax Legal Description: LAGUNA BEACH LOTS 7, 17 & 18 BLK 19 ORB 1212 P 1760 & 1761 ORB 712 P 264 ORB 2144 P 1295
  • Tax Year: 2023
School Information
  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Carport: Yes
  • Garage: No
Property
Lot Information
  • Lot Size Acres: 0.22
  • Lot Size Dimensions: 98x130x50x67x51x65
  • Lot Size Square Feet: 9583.0
  • Living Area: 1040.0
  • Living Area Source: Appraiser
Property and Assessments
  • Other Structures: Workshop
  • Year Built: 1961
  • Property Attached: No
  • Human Modified: No
Utilities
  • Utilities: Electricity Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Patio
  • Community Features: Short Term Rental Allowed
  • Construction Materials: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch, Screened
  • Roof: Asphalt, Metal
Interior Features
  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Electric, Window Units
  • Heating: Yes
  • Heating: Central
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator, Washer
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 316 El Reposo Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 316 El Reposo Place

Taxable ValueLand-Additions-Total-
Tax Record2023$738 ($62 / month)
Home Facts
Beds3Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtStories1Lot Size9,670 SqFtStyleSingle Family ResidenceYear Built1961Year Renovated1971ZoningBC16CountyBAYAPN37774-000-000

Schools near 316 El Reposo Place

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
West Bay Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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316 El Reposo Place is a single family home for sale in Panama City Beach, FL 32413. This property was listed for sale on October 29, 2024 by LPT Realty LLC, it's currently listed at $700,000. This listing's school district is Bay. Nearby schools include West Bay Elementary School, Surfside Middle School and J.R. Arnold High School. 316 El Reposo Place is a 3-bed, 1-bath, 1,040 sqft single family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.