Laguna Beach Homes under $500,000

Laguna Beach Homes under $500,000

Welcome to Laguna Beach, a hidden gem nestled in the heart of Panama City Beach, Florida. This charming subdivision offers the perfect blend of coastal living and serene community vibes. With its picturesque surroundings and proximity to the stunning Gulf of Mexico, Laguna Beach is ideal for those seeking a tranquil lifestyle without sacrificing convenience.

One of the most appealing aspects of Laguna Beach is the diverse range of homes available, particularly those priced under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking for a vacation retreat, you'll find a variety of options that cater to your needs. Many of these homes boast modern amenities, open floor plans, and outdoor spaces perfect for entertaining or simply enjoying the beautiful Florida weather.

Living in Laguna Beach means you’re just minutes away from pristine sandy beaches, vibrant local shops, and delicious dining options. Spend your weekends soaking up the sun, exploring nearby parks, or indulging in water sports. The community is known for its friendly atmosphere, making it easy to connect with neighbors and enjoy a tight-knit community feel.

In addition to its affordability, Laguna Beach is conveniently located near major attractions and recreational activities, ensuring that you’ll never run out of things to do. With its stunning natural beauty and welcoming environment, Laguna Beach is not just a place to live; it’s a lifestyle waiting to be embraced. Discover your dream home in this enchanting subdivision today!

Newest Laguna Beach Homes under $500,000

314 El Reposo Place, Panama City Beach
$250,000
3 Beds ⋅ 2 Baths ⋅ 795776 MLS
GULF VIEWS, COASTAL LIVING & INVESTMENT POTENTIAL! Just THREE BLOCKS from the stunning Gulf waters of Laguna Beach, 314 El Reposo Place puts you right in the heart of the Panama City Beach lifestyle! Better yet, you can see the beautiful Gulf waters as you pull into the driveway. This meticulously maintained, fully furnished 3-bedroom, 2-bath home offers incredible potential as a primary residence, vacation getaway, or short-term rental investment. Inside, you'll find 1,080 square feet of comfortable coastal living with two large bathrooms, including a spacious primary bath with a built-in makeup vanity. The home is being sold fully furnished and is thoughtfully equipped for guests, featuring a sleeper sofa in the living room and an additional rollaway bed beyond the three bedrooms. Major updates mean you can enjoy the beach lifestyle with added peace of mind, including a new HVAC system, new hot water heater, and a roof installed in 2024. The home has been immaculately cared for and is truly ready for its next owners. The location is the star of the show! Just three blocks to the Gulf and Laguna Beach, with Panama City Beach's beautiful beaches, restaurants, shopping, entertainment, and attractions all nearby. With short-term rentals permitted, this property presents an exciting opportunity in one of the area's most desirable coastal destinations. Whether you're looking for your own slice of paradise, a vacation home, or a property with rental potential, this one checks the boxes. Coastal properties this close to the Gulf don't come along every day--schedule your private showing today and make 314 El Reposo Place your next piece of paradise! Sellers open to 1,000 towards concessions for new flooring. New photos coming soon

314 El Reposo Place, Panama City Beach

Listing courtesy of Beachy Beach Real Estate.

240 14th Street, Panama City Beach
$420,000
3 Beds ⋅ 3 Baths ⋅ 789833 MLS
LAGUNA BEACH! This 1,848 sf home is 2 blocks to beach access #78. With 3 bedrooms and 3 full bathrooms, it could be a great short term rental property! Versatile Panama City Beach property offering the perfect opportunity for a primary residence, second home, or short-term rental investment. Owner occupied and currently being transitioned into a vacation rental. This home is ideally located on the desirable west end of PCB near beaches, dining, shopping, and entertainment. Spacious, inviting and full of potential, this property offers the flexibility to enjoy coastal living while also generating rental income opportunities. Property features a 12x20 shed w/ electric, privacy fenced yard, small porches, and new deck. The master bedroom has 2 full bathrooms, 2 walk in closets (one is currently used as a small home office) and the bedroom could be split to offer a 4th bedroom. Whether you are searching for a primary residence, vacation retreat, or an investment opportunity, this versatile beach property offers endless possibilities in one of Panama City Beach's most sought after areas.

240 14th Street, Panama City Beach

Listing courtesy of Hennessy Real Estate Group LLC.

211 El Prado Place, Panama City Beach
$489,000
2 Beds ⋅ 2 Baths ⋅ 787746 MLS
Welcome to 211 El Prado P[ace and your like new Beach House .This floor plan is a Laguna Beach classic with 2 bedrooms ,2 full bathrooms and the bonus/ bunk room .Built in 2017 with one car garage that has your electric golf cart that conveys with the purchase of this beach house . Furnished with very few exclusions .The tile wood look floors are throughout and beautiful . Kitchen has stainless appliances, white cabinets and plenty of counter space for friends and family. Full size stack washer and dryer makes laundry a breeze . On the side is a covered patio for grilling or just relaxing with a good book ,hot and cold shower ,fully fenced . Metal roof 2017 , 2025 HVAC ,new microwave April 2026 .Popular west end of the beach make this home a must see. Whether you want a primary home ,second home or weekly rental home this is it. SHORT TERM RENATL ALLOWED. Carousel Supermarket, Thomas Donuts just a few blocks away. Call your realtor today before this home is SOLD .Whether you love 30A or Panama City Beach with Pier Park ,Top Golf or Dolly Pardons Pirates Adventure this central location is everything !

211 El Prado Place, Panama City Beach

Listing courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida.

313 Laureno Place, Panama City Beach
$445,000
2 Beds ⋅ 2 Baths ⋅ 784980 MLS
Turn Key Vacation Rental just steps from the sugar white sandy beaches with INCREDIBLE ACTUAL numbers! 8 minute walk to the Beach with NO HOA! Welcome to 313 Laureno, Panama City Beach, FL - a remarkable opportunity to own a versatile property already producing a high level of rental income in the highly sought-after Laguna Beach community. This 1,320 square foot residence offers two spacious bedrooms and two well-appointed bathrooms, making it an ideal choice for a vacation rental, investment property, or primary residence. Located within walking distance to the pristine beaches of Panama City Beach, this home provides the perfect blend of convenience and coastal living. The property is situated in a golf cart-friendly community, enhancing the ease of access to local amenities and beachside attractions. This fully furnished, turn-key ready home ensures a seamless transition for its new owners. Every detail has been thoughtfully curated to provide a comfortable and stylish living environment. The open floor plan creates a welcoming atmosphere, perfect for entertaining guests or enjoying quiet evenings at home. The Laguna Beach area is renowned for its tranquil ambiance and picturesque surroundings, offering a serene retreat while still being close to the vibrant activities and dining options of Panama City Beach. Whether you are looking to generate rental income or seeking a permanent residence, 313 Laureno presents a unique investment opportunity in a desirable location. Do not miss the chance to own this exceptional property. Contact your favorite agent today to schedule a viewing and experience the charm and convenience of 313 Laureno for yourself.

313 Laureno Place, Panama City Beach

Listing courtesy of Corcoran Reverie.

331 Hibiscus Drive, Panama City Beach
$250,000
2 Beds ⋅ 2 Baths ⋅ 784507 MLS
Nestled in the heart of Laguna Beach, 325 Hibiscus Dr offers a unique opportunity to own a prime piece of real estate. This 55 x 110 lot boasts a 1984 2-bed, 2-bath mobile home that could be repaired or replaced to create a stunning short-term rental property. Imagine waking up to the sound of the waves and the gentle breeze off the emerald green Gulf of Mexico, just 0.4 miles away. With the potential of Short Term Rental income, this property could be the key to your financial freedom and a chance to create a serene, beachside oasis. Whether you choose to renovate the existing mobile home or start fresh, the possibilities are endless. Envision a luxurious, modern retreat with a sparkling pool, where guests can bask in the sun and make memories that will last a lifetime. This is more than just a real estate investment - it's an opportunity to own a piece of paradise. Let us guide you through the process and help you unlock the full potential of this exceptional property. Take the first step towards your dream lifestyle and explore the possibilities of 325 Hibiscus Dr today. New build information: set backs - Front 20', side 5', back 10' height up to 45' per Bay Building Code

331 Hibiscus Drive, Panama City Beach

Listing courtesy of Keller Williams Success Realty.

230 13th Street, Panama City Beach
$472,000
5 Beds ⋅ 2 Baths ⋅ 783676 MLS
Extremely successful cash-flowing short-term rental in a neighborhood that allows STR. This newly remodeled Laguna Beach property situated in the highly desirable west Panama City Beach, just 2.5 blocks from the Gulf! 4-minute short distance or a 1-minute golf car ride. This one-of-a-kind property boasts two separate income approaches, maximizing returns. The front is an adorable guest quarters that is a 2 bedroom and 1 bath, excellent for accommodating in-laws, or generating rental income. Complete with a master suite, living room, open kitchen/dining area, bunkbed room, additional sleeping space including a loft area, it has the option to come fully furnished. The second living area is a spacious 3-bedroom, 1-bathroom mobile home featuring attractive vinyl flooring throughout, an open floor plan, new electrical, new HVAC, septic system pumped 4/4/2025, new insulation, and a bonus room. Outside, enjoy a fantastic lookout deck atop the home. Situated on a generous 50x100 lot on a dead-end street (no pass-through traffic). Mini Splits have been added 8/2026. Golfcart and furniture are included, making this a turn-key investment.

230 13th Street, Panama City Beach

Listing courtesy of HomeCoin.com.

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