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$3,515,000
Property Description
Rare multi-family opportunity situated in the heart of Laguna Beach steps from the sugar white sands of the emerald coast. 100% leased, the Sandman Community showcases 21 units: 16 - 2 Bedroom Apartments | 3 - 1 Bedroom Apartments | 1 - 2 Bedroom Residence | 1 - 1 Bedroom Studio. Additional structures included are a community pool, pavilion, laundry facility and overflow parking. Many of the units have recently been remodeled to bring a modern touch to this classic development. Offering over $428K in annually income, Sandman is a sound investment boasting instant cash flow with long term re-development prospects. Opportunities of this nature are rare along the Gulf of Mexico. Do not miss the chance to add this Panama City Beach multi-family complex to your investment portfolio.
Full Property Details
Full Property Details for 108 Casa Pl
General
- Sold For: $3,515,000
- Status: Closed
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 995030
- Added to Site: 86 day(s) ago
Location
- Area: 27 - Bay County
- County: Bay
- Driving Directions: Heading east on HWY 98 from the Walton / Bay County Line. Turn south on Casa Place. Sandman Apartments are located on the east side of the street near the beach.
Lot Features
- Lot Size (Acres): 1.03
- Lot Size (Sq. Ft.): 44,866.8
Disclosures and Reports
- Legal Description: LAGUNA BEACH LOTS 21 THRU 26 BLK 8 ORB 4505 P 2249
- APN: 37439-000-000
- Property ID: 37439-000-000
Listed and Sold by Christies International Real Estate Emerald Coast
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Schools
Schools serving 108 Casa Pl
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 5.2 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 5 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 7.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 108 Casa Pl
Date
Details
Price
Change
Source
2/11/2026
Sold
$3,515,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
108 Casa Place, Panama City Beach, FL 32413 (MLS# 995030) is a Commercial property that was sold at $3,515,000 on February 11, 2026. Want to learn more about 108 Casa Place? Do you have questions about finding other Commercial real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.
