$700,000

316 El Reposo Pl Panama City Beach, FL 32413

$8,313
Closing credit¹
3 beds
1 full
1,040 sqft
0.2 acres
$673 / sqft
House

Property details

About 316 El Reposo Pl

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 the opprunity tyo parcel off two lots with 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. 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.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric, Window Unit(s)
Size1,040 sqft
Lot size0.22 Acres
Year built1961
ParkingDetached Carport, Unpaved
MLS #764400

Summary

  • MLS Number: 764400
  • MLS Name: BCAR
  • Office Name: LPT Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a sunroom and a front yard

$700,000

316 El Reposo Pl

$8,313

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$130,333$738
2022$126,537$726
2021$122,851$726

History based on county public records data.

Nearby schools

5

West Bay Elementary School

Public District KG-5

4.8 mi

14813 School Dr

7

Hutchison Beach Elementary School

Public District KG-5

5.6 mi

12900 Hutchison Blvd

7

Patronis Elementary School

Public District KG-5

10.4 mi

7400 Patronis Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,148. The majority of Panama City Beach, FL residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

66%
<35k
24%
35k-100k
8%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
12%
Single, with Kids
20%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 316 El Reposo Pl

This home is located at 316 El Reposo Pl in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 1,040 square foot home, which was built in 1961, sits on a 0.22 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $700,000.

In February 2025, from all listings sold in Panama City Beach, FL there were more than 0 sold above asking price, over 75 sold below and more than 11 were sold right at the asked price. The number of listings in Panama City Beach, FL increased by 8.1% between January and February 2025. In February 2025, listings were on the market for 120 days. During the same period, the median list price in this real estate market was $449,377.

From Rocket Homes Real Estate and based on county public records data.

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