***Instant Equity.....priced $41k below appraised value*** Welcome to your coastal retreat in the heart of Laguna Beach! This charming two-bedroom home with a versatile flex space or office offers the perfect blend of comfort, convenience, and coastal living.Located south of Highway 98, on a corner lot, you'll love being just half a mile from the sugar-white sands and emerald waters of Panama City Beach. Whether you're searching for a starter home, a second home, or a beach getaway, this property checks every box.Enjoy the freedom of a no-HOA community, giving you the flexibility to personalize and use your home as you wish. Inside, the open floor plan provides plenty of natural light and easy flow between living spaces, while the flex room offers endless possibilities -- from a home office to a guest space or creative studio.Relax on your porch after a day at the beach and soak in the laid-back coastal atmosphere that makes Laguna Beach so special. This home is your chance to own a piece of paradise on the beautiful Emerald Coast.