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**TO BE BUILT** This brand-new 5-bedroom, 3 1/2 -bathroom coastal home is a gem in the sought-after prime location, just a block away from Front Beach Road, and offers a great opportunity. It's a short distance from top-notch dining, shopping, and entertainment options suitable for all ages. With amazing views of the lake and the Gulf achievable through vertical construction, this lot is ideal for building either your dream home or an income-generating rental property. Situated in the desirable Laguna Beach community, positioned between the renowned Pier Park and 30A in Panama City Beach's west end, this property offers a highly sought-after location. Don't hesitate to schedule a viewing to explore the potential of this fantastic property.The house itself is designed for durability and comfort, featuring 2800+ sqft of comfortable living space, hardi-like siding, a durable metal roof, and stylish luxury vinyl plank flooring throughout and more. The kitchen is adorned with elegant granite countertops, and the master bathroom showcases a beautifully tiled shower. What's more, you have the opportunity to customize this home to your liking. Upon receiving a contract, you can select your preferred interior and exterior paint colors, as well as choose upgrades for interior features like countertops and tile. This is your chance to create the coastal paradise of your dreams.