20724 First Avenue
Panama City Beach, FL 32413
MLS# 745066
8 beds | 10 baths | 4968 sqft
Property DescriptionPriced 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.
HOA Fee: No
New Buyer Fee: No
Last Taxes: 12987.42
Last Tax Year: 2024
Brokerage Interest: No Interest
Section: 10
List Price/SqFt: 553.54
Status: Active
List Date: 2023-08-10
List Price: $2,750,000
Current Price: $2,750,000
Sub Area: 0324 - Beach - West Central
Community/Resort: Laguna Beach
Waterfront: No
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.
Area: 03 - Bay County - Beach
Street #: 20724
Street Name: First
Street Suffix: Avenue
State: FL
Zip Code: 32413
County: Bay
Subdivision: Laguna Beach 7th Add
Parcel ID: 36872-010-000
Legal Description: LAGUNA BEACH ESTATES 7TH ADD LOT 3 BLK 30 ORB 4558 P 1238
Design: Duplex
Apx SqFt(Htd/Cooled): 4968
Construction Status: Construction Complete
SqFt Source: Agent Measured
Balcony SqFt: 770
Lot Dimensions: 55x110
New Construction: Yes
Garage Y/N: No
Pool: Yes
Sub-Type: Duplex Multi-Units
Bedrooms: 8
Full Baths: 10
Total Baths: 10
Year Built: 2023
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.
Fenced: 1
Gunite Concrete: 1
Heated - Gas: 1
Inground: 1
Cooktop - Gas: 1
Dishwasher: 1
ENERGY STAR Qualified Appliances: 1
Ice Maker: 1
Instant Hot Water: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Tankless: 1
Washer/Dryer Hookup: 1
Ceiling - Crwn Molding: 1
Closet Owner: 1
Elevator: 1
Floor - Tile: 1
Floor - Vinyl Plank: 1
Inside Storage: 1
Kitchen Island: 1
Lighting - Recessed: 1
Pantry: 1
Shelving: 1
Split Bedroom: 1
Wallpaper: 1
Window - Treatment All: 1
Columns: 1
Foundation - Slab on Grade: 1
Roof - Gutters: 1
Roof - Other: 1
Siding - Hardie Board: 1
Trim - Hardie Board: 1
Balcony: 1
Built-in Barbecue/Grill: 1
Columns: 1
Double Pane Windows: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Porch Covered: 1
Sprinkler System: 1
Storm Doors: 1
Storm Windows: 1
Height Restriction: 1
Landscaped: 1
Near Beach Access: 1
Subdivision - Recorded: 1
Restrictions: 1
Survey Available: 1
Will Divide: 1
Within 1/2 Mile to Water: 1
MBath Double Vanity: 1
MBath Shower Only: 1
MBath Tile: 1
MBed Balcony: 1
Bedroom: 1
Covered Porch: 1
Full Bathroom: 1
Kitchen: 1
Laundry: 1
Master Bathroom: 1
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Natural Gas - Connected: 1
Internet - Broadband Available: 1
Public Sewer - Connected: 1
Accept Backup Offers: 1
As Is: 1
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
Multi Units: 1
Separate Meters: 1
Central: 1
ENERGY STAR Qualified Equipment: 1
Carbon Monoxide Detector: 1
Fire Alarm: 1
Fire Sprinkler System: 1
Firewall(s): 1
Appliances: Cooktop - Gas; Dishwasher; Disposal; Dryer; ENERGY STAR Qualified Appliances; Ice Maker; Instant Hot Water; Microwave; Oven - Electric; Refrigerator; Washer; Water Heater - Tankless
Full Bathroom: First; Second; Third
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
Lot Features: Height Restriction; Landscaped; Near Beach Access; Restrictions; Subdivision - Recorded; Survey Available; Will Divide; Within 1/2 Mile to Water
Covered Porch: First; Second; Third
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
Present Zoning: Resid Multi-Family
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Bedroom | First | 19.9 x 12.6 | 19.90 | 12.60 | 19.9 x 12.6 | 2 set of bunk beds |
| Full Bathroom | First | 7.8 x 4.9 | 7.80 | 4.90 | 7.8 x 4.9 | Tub Shower |
| Covered Porch | First | 21.4 x 12 | 21.40 | 12.00 | 21.4 x 12 | |
| Bedroom | First | 12.1 x 11.3 | 12.10 | 11.30 | 12.1 x 11.3 | Walk in closet , pool view |
| Full Bathroom | First | 8.5 x 6 | 8.50 | 6.00 | 8.5 x 6 | Shower only |
| Laundry | First | 5.5 x 5.6 | 5.50 | 5.60 | 5.5 x 5.6 | |
| Master Bedroom | Second | 12.3 x 13.5 | 12.30 | 13.50 | 12.3 x 13.5 | Gulf view |
| Master Bathroom | Second | 7 x 10.4 | 7.00 | 10.40 | 7 x 10.4 | Shower only and double vanity |
| Covered Porch | Second | 21.4 x 12 | 21.40 | 12.00 | 21.4 x 12 | Gulf View |
| Bedroom | Second | 12.7 x 11 | 12.70 | 11.00 | 12.7 x 11 | Pool view |
| Full Bathroom | Second | 8 x 7.4 | 8.00 | 7.40 | 8 x 7.4 | Shower only and walk in closet |
| Kitchen | Second | 35 x 18.8 | 35.00 | 18.80 | 35 x 18.8 | Gulf view, kitchen, dining and family room |
| Full Bathroom | Third | 5.6 x 7.5 | 5.60 | 7.50 | 5.6 x 7.5 | |
| Covered Porch | Third | 21.4 x 12 | 21.40 | 12.00 | 21.4 x 12 | Gulf view, pool view, gas grill |
Listing Office: Beach King Realty
Last Updated: April - 10 - 2026
Information deemed reliable but not guaranteed.