No HOA. Short-term rentals allowed. Three blocks to the beach. Located in the golf cart-friendly community of Laguna Beach, this 3-bedroom, 3-bath home sits on a rare double lot (100x65) offering immediate use and future upside. The open-concept living, dining, and kitchen layout is designed for easy hosting, while all bedrooms accommodate king-size furnishings. A key feature is the converted garage, adding approximately 256 sq ft of heated and cooled space with a separate entrance--ideal for a guest suite, lockout-style rental, or private owner's quarters. This space can also be converted back to a garage if desired. The outdoor setup is built for both guest experience and functionality: fully fenced yard, large gates on both sides, two storage sheds, covered golf cart parking, and a spacious concrete courtyard with room to add a pool or expand the home. Recent upgrades include a metal roof (2020), stainless appliances (2023), and stackable washer/dryer (2021). Additional features include an outdoor shower, sprinkler system, hurricane shutters, and double driveways for ample parking. Positioned in one of Panama City Beach's most desirable rental zones, this property offers a strong foundation for a short-term rental, second home, or value-add investment with expansion potential.