Rare oversized lot just one block from the beach in the heart of Laguna Beach.This exceptional homesite offers a unique opportunity to build your dream coastal retreat or create a multi home investment in one of Panama City Beach's most beloved neighborhoods. Located just steps from a dedicated beach access, the lot boasts ample space to accommodate a spacious legacy home with Gulf views, or can be subdivided to maximize its development potential. With its generous dimensions and ideal elevation, the property is perfectly suited for a custom designed residence that captures the beauty of the Emerald Coast. Imagine relaxing on a rooftop deck with panoramic Gulf views, or enjoying breezy afternoons in a backyard built for entertaining all just moments from the sugar white sands. The neighborhood is home to a mix of charming beach cottages and newly built multi million dollar homes, underscoring the long term value and desirability of this location. Tucked into the peaceful, golf cart friendly community of Laguna Beach, you'll enjoy a relaxed, Old Florida atmosphere with no HOA restrictions and a true neighborhood feel. Just a short drive away is the vibrant town center of Pier Park, offering shopping, dining, and entertainment, while the world class beaches, restaurants, and boutiques of Scenic 30A are also within easy reach. Whether you're looking to build a full time residence, vacation getaway, or explore a smart development play, this rare lot offers endless potential in a rapidly appreciating, Gulf side setting.