The Excellence of living in Wrapche

Craftsman

318 Placido Place

Panama City Beach , FL 32413

MLS#: 785847

$1,275,000

Status: Active
Listing number: 785847
Listing provided by: Beachy Beach Real Estate
Listing agent phone: None
Last update: 41 minutes ago
On site: 4 days ago
Browse Properties
Laguna Beach - Residential

Property

Beds

5

Full Baths

4

1/2 Baths

1

Year Built

2007

Sq.Footage

2,304

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!

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    4

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central, Ductless, Electric, Fireplace(s), Separate Meters, Varies by Unit, Zoned

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    HardiPlank Type, Frame

  • Other Exterior Features

    Fire Pit, Outdoor Shower

  • Parking

    Gravel

  • Patio and Porch Features

    Deck

  • Pool

    Yes

  • Pool Features

    Fenced, In Ground, Salt Water, Private

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    0.11

  • Property Type

    Residential

  • Property Sub Type

    SingleFamilyResidence

  • Architectural Style

    Craftsman

Price

  • Sales Price

    $1,275,000

  • Tax Amount

    $3,523

  • Sq. Footage

    2, 304

  • Price/SqFt

    $553

HOA

  • Association

    No

School District

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

West Bay

Middle School

Surfside

High School

Arnold

Listing Courtesy of Jessica J Albritton , Beachy Beach Real Estate

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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

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