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: 2/04/2026

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. 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.

More Information MLS# 949578

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

Room Information

Bedroom Level: First Dimensions: 19.9 x 12.6 Length: 19.90 Width: 12.60 Remarks: 2 sets of bunk beds Dimensions: 19.9 x 12.6 Bedroom Level: First Dimensions: 12.1 x 11.3 Length: 12.10 Width: 11.30 Remarks: Pool view and walk in closet Dimensions: 12.1 x 11.3 Master Bedroom Level: Second Dimensions: 12.3 x 13.5 Length: 12.30 Width: 13.50 Remarks: Gulf view Dimensions: 12.3 x 13.5 Bedroom Level: Second Dimensions: 12.7 x 11 Length: 12.70 Width: 11.00 Remarks: Pool view Dimensions: 12.7 x 11 Kitchen Level: Third Dimensions: 35 x 18.8 Length: 35.00 Width: 18.80 Remarks: Gulf view, kitchen, dining, family room Dimensions: 35 x 18.8 Full Bathroom Level: First Dimensions: 7.8 x 4.9 Length: 7.80 Width: 4.90 Remarks: Tub Shower Dimensions: 7.8 x 4.9 Covered Porch Level: First Dimensions: 21.4 x 12 Length: 21.40 Width: 12.00 Dimensions: 21.4 x 12 Bedroom Level: First Dimensions: 8.5 x 6 Length: 8.50 Width: 6.00 Remarks: Shower Dimensions: 8.5 x 6 Laundry Level: First Dimensions: 5.5 x 5.6 Length: 5.50 Width: 5.60 Dimensions: 5.5 x 5.6 Master Bathroom Level: Second Dimensions: 7 x 10.4 Length: 7.00 Width: 10.40 Remarks: Shower, double vanity Dimensions: 7 x 10.4 Covered Porch Level: Second Dimensions: 21.4 x 12 Length: 21.40 Width: 12.00 Remarks: Gulf view Dimensions: 21.4 x 12 Full Bathroom Level: Second Dimensions: 8 x 7.4 Length: 8.00 Width: 7.40 Remarks: Shower, walk in closet Dimensions: 8 x 7.4 Full Bathroom Level: Third Dimensions: 5.6 x 7.5 Length: 5.60 Width: 7.50 Dimensions: 5.6 x 7.5 Covered Porch Level: Third Dimensions: 21.4 x 12 Length: 21.40 Width: 12.00 Remarks: Gulf view, pool view, gas grill Dimensions: 21.4 x 12
Listing Office: Beach King Realty
Last Updated: February - 04 - 2026
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