20724 First Avenue, Panama City Beach, FL 32413 (MLS# 745066)

20724 First Avenue, Panama City Beach, FL 32413

$2,750,000

Property Type: Residential Bedrooms: 8 Baths: 10 Square Footage: 4,968 Status: Active

Current Price: $2,750,000 List Date: 8/11/2024 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. 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 … (Read more) 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.

Listing Details MLS# 745066

Contract Info

List Price/SqFt: 553.54

Location

Area: 03 – Bay County – Beach
Street #: 20724
Street Name: First
Street Suffix: Avenue
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0324 – Beach – West Central
Subdivision: Laguna Beach 7th Add
Community/Resort: Laguna Beach
Waterfront: No
Parcel ID: 36872-010-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
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.
Legal Description: LAGUNA BEACH ESTATES 7TH ADD LOT 3 BLK 30 ORB 4558 P 1238

General Property Info

Sub-Type: Duplex Multi-Units
Design: Duplex
Apx SqFt(Htd/Cooled): 4968
SqFt Source: Agent Measured
Balcony SqFt: 770
Full Baths: 10
Total Baths: 10
Year Built: 2023
Construction Status: Construction Complete
New Construction: Yes
Garage Y/N: No
Lot Dimensions: 55×110
Pool: Yes

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 12987.42
Last Tax Year: 2024
Lot: 3
Block: 30
Brokerage Interest: No Interest
Section: 10
Township: 3S
Range: 17W
Condo Doc: No

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. 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.

Covered Porch

First: Yes
Second: Yes
Third: Yes

More Information

Laundry

First: Yes

Master Bathroom

Second: Yes

Pool Features

Fenced: Yes
Gunite Concrete: Yes
Heated – Gas: Yes
Inground: Yes

Appliances

Cooktop – Gas: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
ENERGY STAR Qualified Appliances: Yes
Ice Maker: Yes
Instant Hot Water: Yes
Microwave: Yes
Oven – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Tankless: Yes

Interior Features

Washer/Dryer Hookup: Yes
Ceiling – Crwn Molding: Yes
Closet Owner: Yes
Elevator: Yes
Floor – Tile: Yes
Floor – Vinyl Plank: Yes
Inside Storage: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Pantry: Yes
Shelving: Yes
Split Bedroom: Yes
Wallpaper: Yes
Window – Treatment All: Yes
Woodwork Painted: Yes

Assumable Mtg Typ

None: Yes

Construction/Siding

Columns: Yes
Foundation – Slab on Grade: Yes
Roof – Gutters: Yes
Roof – Other: Yes
Siding – Hardie Board: Yes
Trim – Hardie Board: Yes

Exterior

Balcony: Yes
Built-in Barbecue/Grill: Yes
Columns: Yes
Double Pane Windows: Yes
Fenced Back Yard: Yes
Fenced Privacy: Yes
Shower: Yes
Pool: Yes
Porch Covered: Yes
Sprinkler System: Yes
Storm Doors: Yes
Storm Windows: Yes
Tinted Windows: Yes

Other Structures

Pergola: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Interior

Bonus Room: Yes

Kitchen

Second: Yes

Lot Features

Height Restriction: Yes
Landscaped: Yes
Near Beach Access: Yes
Subdivision – Recorded: Yes
Restrictions: Yes
Survey Available: Yes
Will Divide: Yes
Within 1/2 Mile to Water: Yes

Lot Access

Paved Road: Yes

Parking Features

Oversized: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Shower Only: Yes
MBath Tile: Yes
MBed Balcony: Yes

Present Zoning

Resid Multi-Family: Yes

Rooms

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

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Natural Gas – Connected: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Waterview

Gulf: Yes
Lake: Yes

Sale Type

Accept Backup Offers: Yes
As Is: Yes

Full Bathroom

First: Yes
Second: Yes
Third: Yes

Master Bedroom

Second: Yes

Bedroom

First: Yes
Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
ENERGY STAR Qualified Equipment: Yes
Multi Units: Yes
Separate Meters: Yes

Heating

Central: Yes
ENERGY STAR Qualified Equipment: Yes
Natural Gas: Yes

Security Features

Carbon Monoxide Detector: Yes
Fire Alarm: Yes
Fire Sprinkler System: Yes
Firewall(s): Yes
Smoke Detector(s): Yes

Property Features

Appliances: Cooktop – Gas; Dishwasher; Disposal; Dryer; ENERGY STAR Qualified Appliances; Ice Maker; Instant Hot Water; Microwave; Oven – Electric; Refrigerator; Washer; Water Heater – Tankless Assumable Mtg Typ: None Full Bathroom: First; Second; Third Master Bedroom: Second Bedroom: First; Second Cooling: Ceiling Fan(s); Central Air; Electric; ENERGY STAR Qualified Equipment; Multi Units; Separate Meters Heating: Central; ENERGY STAR Qualified Equipment; Natural Gas Exterior: Balcony; Built-in Barbecue/Grill; Columns; Double Pane Windows; Fenced Back Yard; Fenced Privacy; Shower; Pool; Porch Covered; Sprinkler System; Storm Doors; Storm Windows; Tinted Windows Financing: Cash; Conventional Furnished: Furnished Interior: Bonus Room Kitchen: Second Lot Features: Height Restriction; Landscaped; Near Beach Access; Restrictions; Subdivision – Recorded; Survey Available; Will Divide; Within 1/2 Mile to Water Lot Access: Paved Road Master Bathroom: Second Covered Porch: First; Second; Third Laundry: First Pool Features: Fenced; Gunite Concrete; Heated – Gas; Inground Security Features: Carbon Monoxide Detector; Fire Alarm; Fire Sprinkler System; Firewall(s); Smoke Detector(s) Parking Features: Oversized Other Structures: Pergola Rooms: Bedroom; Covered Porch; Full Bathroom; Kitchen; Laundry; Master Bathroom; Master Bedroom Sale Type: Accept Backup Offers; As Is Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Broadband Available; Natural Gas – Connected; Public Sewer – Connected; Water Connected Waterview: Gulf; Lake Present Zoning: Resid Multi-Family

Room Information

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

Information deemed reliable but not guaranteed.