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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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120-124 Deluna Pl , Panama City Beach, FL 32413
$667,900
Est. Payment: $3,387.11/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 80
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Newsflash: We confirmed sewer access for this location and the SEWER LINE INSTALL is about to start directly in front of these lots and does already exist across the road. Before you can complete your build it will be ready for hookup, to break ground any day now. BUILD 3 LARGE HOMES ON THESE TWO LOTS! OWNER FINANCE OPTION. Attention Builders and Investors, Lock in these buildable home lots for $672,800. today. R2 zoning allows you to build 3 homes across these parcels, your land cost drops to an unbeatable $224,266 per house lot! No HOA: Complete architectural freedom to build high-occupancy Airbnb/VRBO floor plans with no architectural review committee. Water Views: Vertical layouts capture overlapping views of the Gulf and the adjacent natural pond. Public Sewer Access: Skip the five-figure costs and footprint limits of coastal septic systems. Easy walking/golf-cart distance to the beach, the Carousel, and Thomas Donut & Snack Shop. Secure the bundle today and maximize the best pro-forma per-door land price on the West End. Proof of funds or builder pre-approval required. Short-term seller financing considered for qualified buyers. The Shovel-Ready Margin Potential: All-In Cost: ~$1.63M (Includes $672,800 land, $910,000 build budget for ~3,500 total sq ft, and $55,000 for permits/fees) estimated. The Exit Value: $2,040,000+ total portfolio retail value based on recent West End sales possibilities. The Profit Potential: Net over $400,000 in gross profit (~24.5% margin) by mobilizing one crew for anticipated gains. Agents standing by, call now. Owner finance options, interest only payments call for terms. Make us your owner finance offer!

Highlights

Listed by Krista R Navarro , 850-258-2611 Gulf Real Estate , 850-258-2611. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
0.23

County

Bay

Area

03 - Bay County - Beach

Neighborhood

[No Recorded Subdiv]

Listing ID

790384

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Paved
Lot Dimensions:150x67
Zoning:Other - See Remarks, Resid Multi-Family, Unrestricted
Sewer:Public Sewer
Principal Interest
$3,387
Taxes
$301

Home Price

$667,900

Loan Details

30 yrs
6.528%

Down Payment

20%
$133,580
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,387.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,387.11 $301.17 $0.00 $3,688.28
Yearly $40,645.33 $3,614.00 $0.00 $44,259.33
Total $1,219,359.94 $108,420.00 $0.00 $1,327,779.94

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS