318 Placido Place, Panama City Beach, FL 32413

$1,275,000
  • 318 Placido Place, Panama City Beach, FL 32413 Main Photo

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Active Under Contract
BEDS5 BATHS4 full 1 partial SQUARE FEET2,304 MLS#785847
STATUSActive Under Contract PROPERTY TYPEResidential - Single Family SUBDIVISIONLaguna Beach

Property Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS 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!

318 Placido Place | MLS# 785847

This single family home located at 318 Placido Place, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $1,275,000. This property was built in 2007 and has 5 bedrooms and 4 full and 1 partial baths with 2304 sq. ft. Placido Place is located in the Laguna Beach subdivision. Search Laguna Beach real estate on scottetter.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Fenced: Yes
Heating: Central, Ductless, Electric, Fireplace(s), Separate Me
Home Style: Craftsman
Lot Size: 0.11 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $3,523
Year Built: 2007

Amenities

Interior Steps
Deck
Fire Pit
Outdoor Shower

Feature Descriptions

Appliances: Convection Oven, Electric Oven, Gas Range, Gas Water Heater, Tankless Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 54
Exterior: HardiPlank Type, Wood Frame
Fencing: Full, Cross Fenced, Fenced, Privacy
Fireplace: Gas
Flooring: Luxury Vinyl Plank
Lot: Sprinkler System, Paved
Lot Dimensions: 65x75
Parcel#: 37736-005-000
Parking: Gravel
Parking Notes: Gravel
Patio/Porch: Deck
Pool: Fenced, In Ground, Salt Water, Private
Sewer: Public Sewer
Swimming Pool: Yes
Units: 1
Utilities: Electricity Available
Window: Double Pane Windows

Room Sizes

Full Bath: 5 X 8 Level - First
Studio: 10 X 14 Level - First
Kitchen: 9 X 10 Level - First
Primary Bathroom: 10 X 11 Level - Second
Primary Bedroom: 12 X 12 Level - Second
Bedroom: 10 X 11 Level - Second
Primary Bedroom: 11 X 11 Level - First
Dining Room: 7 X 9 Level - First
Great Room: 13 X 18 Level - First
Kitchen: 13 X 12 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

Listed By / Shown By

Listed By

Agency Name: Beachy Beach Real Estate

Shown By

Agent Name: Scott Etter
Agent Phone: (850) 533-6300
Agency Title: Premier Property Group

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Estimated Payment

$ 3,503.06 per month $2,837.60 Principal & Interest $293.58 Property Tax $371.88 Homeowner's Insurance

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