20724 First Avenue, Panama City Beach, FL 32413 (MLS# 949578)

20724 First Avenue, Panama City Beach, FL 32413

$2,760,000

Property Type: Residential Bedrooms: 8 Baths: 10 Square Footage: 4,968 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $2,760,000 List Date: 5/10/2024 Last Modified: 4/10/2026

Overview

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.

Supplements: 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. Do ... (Read more)

Listing Details MLS# 949578

Contract Info

List Price/SqFt: 555.56
Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County
Street #: 20724
Street Name: First
Street Suffix: Avenue
State: FL
Zip Code: 32413
County: Bay
Project Name/Subdivision: LAGUNA BEACH 7TH ADDN
Parcel ID: 36872-010-000

General Property Info

Sub-Type: Attached Single Unit
Design: Duplex
Apx SqFt(Htd/Cooled): 4968
SqFt Source: Agent-Measured
Full Baths: 10
Total Bathrooms: 10
# Stories: 3
Year Built: 2023
Garage: No
Carport: No
Driveway Spaces: 10
Acreage: 0.14
Pool: Yes
Pool Type: Private

Location, Tax and Legal

Sub Area: 2724 - Beach - West Central
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Legal Description: LAGUNA BEACH ESTATES 7TH ADD LOT 3 BLK 30 ORB 4558 P 1238

Listing Info, Tax & Legal

Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 12987.42
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: 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.

Sale Type

Accept Backup Offers: Yes

Construction Status

Construction Complete: Yes

Waterview

Gulf: Yes

Lot/Parcel Access

Paved Road: Yes

Lot Features

Restrictions: Yes
Survey Available: Yes
Within 1/2 Mile to Water: Yes

Construction/Siding

Roof Metal: Yes
Roof Pitched: Yes
Siding CmntFbrHrdBrd: Yes
Slab: Yes

Utilities

Electric: Yes
Gas - Natural: Yes
Public Sewer: Yes
Public Water: Yes
Tap Fee Paid: Yes
TV Cable: Yes

Zoning

Resid Multi-Family: Yes

Exterior

Balcony: Yes
BBQ Pit/Grill: Yes
Columns: Yes
Fenced Back Yard: Yes
Fenced Privacy: Yes
Lawn Pump: Yes
Pool - Gunite Concrt: Yes
Pool - Heated: Yes
Pool - In-Ground: Yes
Shower: Yes
Sprinkler System: Yes

Interior

Breakfast Bar: Yes
Ceiling Crwn Molding: Yes
Elevator: Yes
Floor Tile: Yes
Floor Vinyl: Yes
Furnished - All: Yes
Kitchen Island: Yes
Lighting Recessed: Yes
Newly Painted: Yes
Pantry: Yes
Shelving: Yes
Split Bedroom: Yes
Washer/Dryer Hookup: Yes
Window Treatment All: Yes

Financing

Conventional: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Fire Alarm/Sprinkler: Yes
Microwave: Yes
Oven Double: Yes
Refrigerator W/IceMk: Yes
Smoke Detector: Yes
Stove/Oven Gas: Yes
Washer: Yes

Energy

AC - 2 or More: Yes
AC - Central Elect: Yes
AC - High Efficiency: Yes
Ceiling Fans: Yes
Double Pane Windows: Yes
Heat - Two or More: Yes
Heat Cntrl Electric: Yes
Heat High Efficiency: Yes
Tinted Windows: Yes
Water Heater - Tnkls: Yes
Water Heater - Two +: Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity: Yes
MBath Shower Only: Yes
MBath Tile: Yes
MBed Balcony: Yes
MBed Walk-in Closet: Yes

Master Bedroom

Second: Yes

Bedroom

First: Yes
Second: Yes

Kitchen

Third: Yes

Full Bathroom

First: Yes
Second: Yes
Third: Yes

Rooms

Bedroom: Yes
Covered Porch: Yes
Full Bathroom: Yes
Kitchen: Yes
Laundry: Yes
Master Bathroom: Yes
Master Bedroom: Yes

Existing Leases

Daily/Weekly: Yes

Property Features

Sale Type: Accept Backup Offers Construction Status: Construction Complete Lot Features: Restrictions; Survey Available; Within 1/2 Mile to Water Zoning: Resid Multi-Family Waterview: Gulf Exterior: Balcony; BBQ Pit/Grill; Columns; Fenced Back Yard; Fenced Privacy; Lawn Pump; Pool - Gunite Concrt; Pool - Heated; Pool - In-Ground; Shower; Sprinkler System Interior: Breakfast Bar; Ceiling Crwn Molding; Elevator; Floor Tile; Floor Vinyl; Furnished - All; Kitchen Island; Lighting Recessed; Newly Painted; Pantry; Shelving; Split Bedroom; Washer/Dryer Hookup; Window Treatment All Appliances: Cooktop; Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Oven Double; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer Utilities: Electric; Gas - Natural; Public Sewer; Public Water; Tap Fee Paid; TV Cable Energy: AC - 2 or More; AC - Central Elect; AC - High Efficiency; Ceiling Fans; Double Pane Windows; Heat - Two or More; Heat Cntrl Electric; Heat High Efficiency; Tinted Windows; Water Heater - Tnkls; Water Heater - Two + Master Bedroom: Second Bedroom: First; Second Kitchen: Third Full Bathroom: First; Second; Third Rooms: Bedroom; Covered Porch; Full Bathroom; Kitchen; Laundry; Master Bathroom; Master Bedroom Financing: Conventional Existing Leases: Daily/Weekly

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Bedroom	First	19.9 x 12.6	19.90	12.60	2 sets of bunk beds
Bedroom	First	12.1 x 11.3	12.10	11.30	Pool view and walk in closet
Master Bedroom	Second	12.3 x 13.5	12.30	13.50	Gulf view
Bedroom	Second	12.7 x 11	12.70	11.00	Pool view
Kitchen	Third	35 x 18.8	35.00	18.80	Gulf view, kitchen, dining, family room
Full Bathroom	First	7.8 x 4.9	7.80	4.90	Tub Shower
Covered Porch	First	21.4 x 12	21.40	12.00
Bedroom	First	8.5 x 6	8.50	6.00	Shower
Laundry	First	5.5 x 5.6	5.50	5.60
Master Bathroom	Second	7 x 10.4	7.00	10.40	Shower, double vanity
Covered Porch	Second	21.4 x 12	21.40	12.00	Gulf view
Full Bathroom	Second	8 x 7.4	8.00	7.40	Shower, walk in closet
Full Bathroom	Third	5.6 x 7.5	5.60	7.50
Covered Porch	Third	21.4 x 12	21.40	12.00	Gulf view, pool view, gas grill

Listing Office: Beach King Realty

Last Updated: April - 10 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.