DeFoor Ventures and its partners acquired Front Beach Rd in the third quarter of 2022. The site is located on Front Beach Rd. in Laguna Beach/ Panama City Beach, FL and sits directly across the street from Public Beach Access. The City has approved 10 single family units to be developed on the site. Construction is estimated to begin in the third quarter of 2002 and to deliver the final product in the second quarter of 2023. Each unit will be Class AA with five bedrooms and five bathrooms with beach views, a roof top bar and gas firepit and each having its own private pool.