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20724 First Avenue, Panama City Beach, FL 32413

Laguna Beach 7th Add · Bay County

Key Facts

8Beds
10Baths
4,968Sq Ft
2023Year Built

Description

Priced below current appraisal! Will divide and sell the west side separate. This Brand New Construction duplex with professional interior designs provides relaxing and charming ambience located a block from Beach Access 84 and 5 miles to extraordinary 30A with matching floor plans on each side. You can live in one side and either offer the other side as a short term vacation rental or long term rental. Both have individual fenced-in private natural gas heated pools complete with pergolas and outside showers. Rent both sides with a short term rental projection of up to $336,400-$368,600! Enter the first floor into a welcoming, attractive entryway. Bedroom #1 has two double beds over two Queen beds and private full bath with tub and shower. A laundry room and owner's closet are located in the hallway. This first level bedroom #2 has a pool view with King size bed, walk-in closet, custom wall murals with private en suite to include a full bath with shower. The bath provides a convenient entry door with access directly onto the pool area. This 2nd master bedroom contains a large closet, murals and master bath with rain shower and double vanity. Double doors open onto a covered porch with gulf views. The 3rd master bedroom has a large walk-in closet, custom murals and full bath with shower. The second floor also contains a bonus ''Zoom Room'' with single bed and work desk. Enter the third floor into an inviting open Dining, Kitchen and Family room. Stainless steel appliances include a built-in microwave, refrigerator-freezer, gas stove, electric oven and dishwasher. The shiplapped dining area provides seating for ten along with a beautiful island complete with seating for four. Double glass doors exit the kitchen providing a stunning panoramic gulf view opening onto a covered porch with a stainless steel natural gas grill. The third floor family area overlooks the pool. The home is equipped with an inside sprinkler system along with fire and carbon dioxide alarms and elevators that provide easy assess to the upper floors. If you are searching for a home with a ''don't want to leave'' feeling for you, your family or guests this is the place! The west side of the duplex is available to be bought separately. It is the responsibility of the buyer to verify all measurements.

Property Information

Property Type

Residential

Sub-Type

Duplex

Structure Type

Duplex

Year Built

2023

Living Area

4,968 sq ft

Lot Dimensions

55x110

Days on Market

972

MLS® Listing#

745066

Property Features

Exterior

BalconyBarbecueOutdoor ShowerRain Gutters

Appliances

ENERGY STAR Qualified AppliancesElectric OvenGas CooktopIce MakerTankless Water HeaterInstant Hot Water

Cooling

Central AirCeiling Fan(s)ENERGY STAR Qualified EquipmentMulti UnitsSeparate Meters

Heating

Natural GasCentralENERGY STAR Qualified Equipment

Flooring

Vinyl

Pool

FencedGuniteGas HeatIn Ground

Laundry

Washer Hookup

Patio

CoveredPorch

Fencing

FencedPrivacy

Lot Features

Paved

Construction

HardiPlank Type

Foundation

Slab

Roof

Other

Windows

Double Pane WindowsStorm Window(s)Tinted Windows

Security

Smoke Detector(s)Carbon Monoxide Detector(s)Firewall(s)Fire Sprinkler SystemFire Alarm

Other Structures

Pergola

Utilities

Cable ConnectedElectricity AvailableWater Connected

Sewer

Public Sewer

Rooms

  • 7 x 10.4Second
  • 21.4 x 12First
  • 12.3 x 13.5Second
  • 5.6 x 7.5Third
  • 8.5 x 6First
  • 8 x 7.4Second
  • 7.8 x 4.9First
  • 21.4 x 12Third
  • 21.4 x 12Second
  • Bedroom19.9 x 12.6First
  • Bedroom12.7 x 11Second
  • Bedroom12.1 x 11.3First
  • Kitchen35 x 18.8Second
  • Laundry5.5 x 5.6First

Schools

Elementary:
West Bay
Middle:
Surfside
High:
Arnold

Financial Details

HOA

None

Annual Taxes

$12,987

Tax year 2024

Parcel Number

36872-010-000

Directions

From the Front Beach Road roundabout travel west on Front Beach Road to Twin Lakes. Turn right and veer to your left to the front door of the duplex.

Affordability Calculator

$550,000

Estimated monthly payment

$14,637/mo

Principal $2,200,000 · Est. interest $3,069,196 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City Beach, FL

$471,570
Median Listing Price
112
Median Days on Market
1,459
Median Sq Ft
$348
Median Price / Sq Ft
31,346
Active Listings
  • This home’s price is 483% above the area median.
  • Its price per sq ft is 59% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.

Location

Map showing the location of 20724 First Avenue, Panama City Beach, FL 32413

Points of Interest in Panama City Beach, FL

Showing the Panama City Beach area map.

Nearby Schools

  • PCB Academy

    School · 3.6 mi away

  • Ohana Institute

    School · 4.7 mi away

  • West Bay Elementary School

    Elementary · 5.6 mi away

  • Surfside Middle School

    Secondary · 6.0 mi away

  • Hutchison Beach Elementary School

    Elementary · 7.1 mi away

  • Surfside Kids Academy

    School · 7.6 mi away

  • Arnold Pre K

    Secondary · 7.9 mi away

  • JR Arnold High School

    Secondary · 8.2 mi away

  • Breakfast Point Academy

    School · 8.6 mi away

  • Primary Prep School

    Elementary · 9.3 mi away

  • St Bernadette Early Childhood Development Center

    School · 9.7 mi away

  • Dune Lakes Elementary School

    Elementary · 10.5 mi away

  • Twisted Fork Culinary Classroom

    School · 10.7 mi away

  • Learning Tree II-Child Development Center

    School · 11.2 mi away

  • Stacey's Fun in the Sun Preschool 2 Inc.

    School · 11.2 mi away

  • Patronis Elementary School

    Elementary · 11.9 mi away

  • Seaside Neighborhood School

    Elementary · 12.8 mi away

  • Emerald Coast Middle School

    Secondary · 12.9 mi away

  • The Preschool at Point Washington

    School · 13.3 mi away

  • Bay Elementary School

    Elementary · 13.4 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Panama City Beach

Listing Courtesy: Beach King Realty - 8508328042

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralPanhandleAssociationOfRealtors. MLS® Listing#745066. © 2026EXIT Realty®. All rights reserved.