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


$2,760,000
20724 First Avenue
Panama City Beach, FL 32413
MLS# 949578
8 beds  |  10 baths  |  4968 sqft


IMG_2180
  1 / 110  
IMG_2180 IMG_2283 IMG_2281 IMG_2282 IMG_2291 IMG_2234 IMG_2220 IMG_2221 IMG_2222 IMG_2290 IMG_2289 IMG_2288 IMG_2287 IMG_2286 IMG_2285 IMG_2284 IMG_2280 IMG_2279 IMG_2274 IMG_2273 IMG_2278 IMG_2277 IMG_2272 IMG_2276 IMG_2271 IMG_2275 IMG_2270 IMG_2265 IMG_2260 IMG_2255 IMG_2256 IMG_2261 IMG_2266 IMG_2267 IMG_2262 IMG_2257 IMG_2258 IMG_2263 IMG_2268 IMG_2269 IMG_2264 IMG_2259 IMG_2254 IMG_2253 IMG_2252 IMG_2251 IMG_2250 IMG_2245 IMG_2246 IMG_2247 IMG_2248 IMG_2249 IMG_2244 IMG_2243 IMG_2242 IMG_2241 IMG_2240 IMG_2235 IMG_2236 IMG_2237 IMG_2238 IMG_2239 IMG_2233 IMG_2232 IMG_2231 IMG_2230 IMG_2225 IMG_2226 IMG_2227 IMG_2228 IMG_2229 IMG_2224 IMG_2223 IMG_2215 IMG_2216 IMG_2214 IMG_2215 IMG_2214 IMG_2213 IMG_2211 IMG_2210 IMG_2205 IMG_2206 IMG_2207 IMG_2209 IMG_2204 IMG_2203 IMG_2202 IMG_2201 IMG_2195 IMG_2196 IMG_2192 IMG_2197 IMG_2198 IMG_2193 IMG_2194 IMG_2199 IMG_2191 IMG_2190 IMG_2185 IMG_2181 IMG_2188 IMG_2182 IMG_2186 IMG_2187 IMG_2189 IMG_2184 IMG_2183 IMG_2179 IMG_2178

Property 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.

Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 555.56
List Date: 2023-08-10
Current Price: $2,760,000
List Price: $2,760,000
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
General Property Info
Sub-Type: Attached Single Unit
Design: Duplex
SqFt Source: Agent-Measured
Garage: No
Carport: No
Driveway Spaces: 10
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 4968
Bedrooms: 8
Full Baths: 10
Total Bathrooms: 10
# Stories: 3
Year Built: 2023
Acreage: 0.14
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
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: 1
Construction Status
Construction Complete: 1
Waterview
Gulf: 1
Lot/Parcel Access
Paved Road: 1
Lot Features
Restrictions: 1
Survey Available: 1
Within 1/2 Mile to Water: 1
Construction/Siding
Roof Metal: 1
Roof Pitched: 1
Siding CmntFbrHrdBrd: 1
Slab: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
Tap Fee Paid: 1
TV Cable: 1
Zoning
Resid Multi-Family: 1
Exterior
Balcony: 1
BBQ Pit/Grill: 1
Columns: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Lawn Pump: 1
Pool - Gunite Concrt: 1
Pool - Heated: 1
Pool - In-Ground: 1
Shower: 1
Sprinkler System: 1
Interior
Breakfast Bar: 1
Ceiling Crwn Molding: 1
Elevator: 1
Floor Tile: 1
Floor Vinyl: 1
Furnished - All: 1
Kitchen Island: 1
Lighting Recessed: 1
Newly Painted: 1
Pantry: 1
Shelving: 1
Split Bedroom: 1
Washer/Dryer Hookup: 1
Window Treatment All: 1
Financing
Conventional: 1
Appliances
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Fire Alarm/Sprinkler: 1
Microwave: 1
Oven Double: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
AC - High Efficiency: 1
Ceiling Fans: 1
Double Pane Windows: 1
Heat - Two or More: 1
Heat Cntrl Electric: 1
Heat High Efficiency: 1
Tinted Windows: 1
Water Heater - Tnkls: 1
Water Heater - Two +: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Shower Only: 1
MBath Tile: 1
MBed Balcony: 1
MBed Walk-in Closet: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Kitchen
Third: 1
Full Bathroom
First: 1
Second: 1
Third: 1
Rooms
Bedroom: 1
Covered Porch: 1
Full Bathroom: 1
Kitchen: 1
Laundry: 1
Master Bathroom: 1
Master Bedroom: 1
Existing Leases
Daily/Weekly: 1
Status Change Info
Status: Active
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
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
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. 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.
Room Information
Room Name Level Dimensions Length Width Remarks
BedroomFirst19.9 x 12.619.9012.602 sets of bunk beds
BedroomFirst12.1 x 11.312.1011.30Pool view and walk in closet
Master BedroomSecond12.3 x 13.512.3013.50Gulf view
BedroomSecond12.7 x 1112.7011.00Pool view
KitchenThird35 x 18.835.0018.80Gulf view, kitchen, dining, family room
Full BathroomFirst7.8 x 4.97.804.90Tub Shower
Covered PorchFirst21.4 x 1221.4012.00
BedroomFirst8.5 x 68.506.00Shower
LaundryFirst5.5 x 5.65.505.60
Master BathroomSecond7 x 10.47.0010.40Shower, double vanity
Covered PorchSecond21.4 x 1221.4012.00Gulf view
Full BathroomSecond8 x 7.48.007.40Shower, walk in closet
Full BathroomThird5.6 x 7.55.607.50
Covered PorchThird21.4 x 1221.4012.00Gulf 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.