318 Placido Place, Panama City Beach, FL 32413

$1,112,500
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 2,304 Lot Size (sq. ft.): 4,792 Status: Sold
Current Price: $1,275,000 List Date: 3/05/2026 Last Modified: 4/30/2026

Description

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-

Supplements: 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!

More Information MLS# 997048

Status Change Info

Sold Price/SqFt: 482.86 Status: Sold Under Contract Date: 2026-03-18 Sold Date: 2026-04-30 Sold Price: $1,112,500

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 553.39 List Date: 2026-03-05 Current Price: $1,112,500 List Price: $1,275,000

Location, Tax and Legal

Sub Area: 2724 - Beach - West Central Elementary School: West Bay Middle School: Surfside High School: Arnold Legal Description: Laguna Beach 20C4 (17.1) Lot 19 & N 24.6' Lot 20 Blk 18 Orb 4834 P 882

General Property Info

Sub-Type: Detached Single Family Design: Craftsman Style SqFt Source: County PA Records Garage: No Carport: Yes Carport Spaces: 1 Driveway Spaces: 2 Street Spaces: 2 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 2304 Bedrooms: 5 Full Baths: 4 Half Baths: 1 Total Bathrooms: 5 # Stories: 2 Year Built: 2007 Acreage: 0.11

Listing Info, Tax & Legal

Who Paid Doc Stamps: Seller Who Paid Title: Buyer Homestead: No Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 3522.94 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: 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-

Construction Status

Construction Complete: 1

Parking Features

Carport Detached: 1 See Remarks: 1

Lot/Parcel Access

City Road: 1 Paved Road: 1

Lot Features

Survey Available: 1 Within 1/2 Mile to Water: 1

Construction/Siding

Foundation Off Grade: 1 Frame: 1 Roof Metal: 1 Siding CmntFbrHrdBrd: 1

Utilities

Electric: 1 Gas - Propane: 1 Public Sewer: 1 Public Water: 1

Zoning

County: 1

Exterior

Deck Open: 1 Fenced Back Yard: 1 Fenced Cross: 1 Fenced Privacy: 1 Fireplace: 1 Guest Quarters: 1 Pool - Fiberglass: 1 Pool - In-Ground: 1 Rain Gutter: 1 Shower: 1 Sprinkler System: 1

Interior

Breakfast Bar: 1 Built-In Bookcases: 1 Fireplace Gas: 1 Floor Laminate: 1 Furnished - None: 1 Guest Quarters: 1 Kitchen Island: 1 Lock Out: 1 Owner's Closet: 1 Pantry: 1 Window Treatment All: 1

Financing

Conventional: 1

Appliances

Dishwasher: 1 Disposal: 1 Range Hood: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Dual Fuel: 1 Wine Refrigerator: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Double Pane Windows: 1 Heat Cntrl Electric: 1 See Remarks: 1 Water Heater - Propn: 1 Water Heater - Tnkls: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Shower Only: 1 MBath Tile: 1 MBed First Floor: 1 See Remarks: 1

Master Bedroom

First: 1 Second: 1

Bedroom

Second: 1

Kitchen

First: 1

Full Bathroom

First: 1

Rooms

Bedroom: 1 Bunk Room: 1 Dining Area: 1 Full Bathroom: 1 Great Room: 1 Kitchen: 1 Master Bathroom: 1 Master Bedroom: 1 Studio: 1

Existing Leases

Daily/Weekly: 1

Location Tax and Legal

Area: 27 - Bay County Street #: 318 Street Name: Placido Street Suffix: Place State: FL Zip Code: 32413 County: Bay Project Name/Subdivision: LAGUNA BEACH Parcel ID: 37736-005-000

Property Features

Construction Status: Construction Complete Lot Features: Survey Available; Within 1/2 Mile to Water Zoning: County Parking Features: Carport Detached; See Remarks Exterior: Deck Open; Fenced Back Yard; Fenced Cross; Fenced Privacy; Fireplace; Guest Quarters; Pool - Fiberglass; Pool - In-Ground; Rain Gutter; Shower; Sprinkler System Interior: Breakfast Bar; Built-In Bookcases; Fireplace Gas; Floor Laminate; Furnished - None; Guest Quarters; Kitchen Island; Lock Out; Owner's Closet; Pantry; Window Treatment All Appliances: Dishwasher; Disposal; Range Hood; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Dual Fuel; Wine Refrigerator Utilities: Electric; Gas - Propane; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; See Remarks; Water Heater - Propn; Water Heater - Tnkls Master Bedroom: First; Second Bedroom: Second Kitchen: First Full Bathroom: First Rooms: Bedroom; Bunk Room; Dining Area; Full Bathroom; Great Room; Kitchen; Master Bathroom; Master Bedroom; Studio Financing: Conventional Existing Leases: Daily/Weekly

Room Information

Kitchen Level: First Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Remarks: main house Dimensions: 13 x 12 Great Room Level: First Dimensions: 13 x 18 Length: 13.00 Width: 18.00 Remarks: main house Dimensions: 13 x 18 Dining Area Level: First Dimensions: 7 x 9 Length: 7.00 Width: 9.00 Remarks: main house Dimensions: 7 x 9 Master Bedroom Level: First Dimensions: 11 x 11 Length: 11.00 Width: 11.00 Remarks: main house 1st floor Dimensions: 11 x 11 Bedroom Level: Second Dimensions: 10 x 11 Length: 10.00 Width: 11.00 Remarks: main house second floor Dimensions: 10 x 11 Bunk Room Level: Second Dimensions: 10 x 11 Length: 10.00 Width: 11.00 Remarks: main house 2nd floor Dimensions: 10 x 11 Master Bedroom Level: Second Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Remarks: main house 2nd floor Dimensions: 12 x 12 Master Bathroom Level: Second Dimensions: 10 x 11 Length: 10.00 Width: 11.00 Remarks: main house 2nd floor Dimensions: 10 x 11 Kitchen Level: First Dimensions: 9 x 10 Length: 9.00 Width: 10.00 Remarks: guest house Dimensions: 9 x 10 Studio Level: First Dimensions: 10 x 14 Length: 10.00 Width: 14.00 Remarks: guest house living/sleepiing Dimensions: 10 x 14 Full Bathroom Level: First Dimensions: 5 x 8 Length: 5.00 Width: 8.00 Remarks: guest house full bath Dimensions: 5 x 8
Listing Office: Beachy Beach Real Estate
Last Updated: April - 30 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.