Discover an exceptional opportunity to build your dream home in the highly desirable North Lagoon Drive area of Panama City Beach. This spacious .26 acre parcel offers the perfect setting for a custom coastal retreat, with the potential for beautiful water views from a two story design. Ideally located just minutes from beach access, shopping, dining, golf courses, and all the entertainment at Pier Park, this property also provides convenient access to the PCB Navy Base and St. Andrews State Park. Boating enthusiasts will love being within 2 miles of nearby marinas and boat launches, making bay access quick and easy. One of the last remaining lots in this sought after subdivision, this property offers added value with no HOA and is located in Flood Zone X. Please note: multifamily construction is not permitted. Don't miss your chance to secure a prime piece of paradise and bring your beach home vision to life.