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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: 12/23/2025

Description

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.

More Information MLS# 745066

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

Contract Info

List Price/SqFt: 553.54 Status: Active List Date: 2023-08-10 List Price: $2,750,000 Current Price: $2,750,000

Location

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

General Property Info

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 & Misc

Remarks: 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: 1 Second: 1 Third: 1

Laundry

First: 1

Master Bathroom

Second: 1

Pool Features

Fenced: 1 Gunite Concrete: 1 Heated - Gas: 1 Inground: 1

Appliances

Cooktop - Gas: 1 Dishwasher: 1 Disposal: 1 Dryer: 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

Interior Features

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 Woodwork Painted: 1

Assumable Mtg Typ

None: 1

Construction/Siding

Columns: 1 Foundation - Slab on Grade: 1 Roof - Gutters: 1 Roof - Other: 1 Siding - Hardie Board: 1 Trim - Hardie Board: 1

Exterior

Balcony: 1 Built-in Barbecue/Grill: 1 Columns: 1 Double Pane Windows: 1 Fenced Back Yard: 1 Fenced Privacy: 1 Shower: 1 Pool: 1 Porch Covered: 1 Sprinkler System: 1 Storm Doors: 1 Storm Windows: 1 Tinted Windows: 1

Other Structures

Pergola: 1

Financing

Cash: 1 Conventional: 1

Furnished

Furnished: 1

Interior

Bonus Room: 1

Kitchen

Second: 1

Lot Features

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

Lot Access

Paved Road: 1

Parking Features

Oversized: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Shower Only: 1 MBath Tile: 1 MBed Balcony: 1

Present Zoning

Resid Multi-Family: 1

Rooms

Bedroom: 1 Covered Porch: 1 Full Bathroom: 1 Kitchen: 1 Laundry: 1 Master Bathroom: 1 Master Bedroom: 1

Utilities

TV Cable: 1 Electricity - Connected: 1 Garbage: 1 Natural Gas - Connected: 1 Internet - Broadband Available: 1 Public Sewer - Connected: 1 Water Connected: 1

Waterview

Gulf: 1 Lake: 1

Sale Type

Accept Backup Offers: 1 As Is: 1

Full Bathroom

First: 1 Second: 1 Third: 1

Master Bedroom

Second: 1

Bedroom

First: 1 Second: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1 ENERGY STAR Qualified Equipment: 1 Multi Units: 1 Separate Meters: 1

Heating

Central: 1 ENERGY STAR Qualified Equipment: 1 Natural Gas: 1

Security Features

Carbon Monoxide Detector: 1 Fire Alarm: 1 Fire Sprinkler System: 1 Firewall(s): 1 Smoke Detector(s): 1

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

Bedroom Level: First Dimensions: 19.9 x 12.6 Length: 19.90 Width: 12.60 Dimensions: 19.9 x 12.6 Remarks: 2 set of bunk beds Full Bathroom Level: First Dimensions: 7.8 x 4.9 Length: 7.80 Width: 4.90 Dimensions: 7.8 x 4.9 Remarks: Tub Shower Covered Porch Level: First Dimensions: 21.4 x 12 Length: 21.40 Width: 12.00 Dimensions: 21.4 x 12 Bedroom Level: First Dimensions: 12.1 x 11.3 Length: 12.10 Width: 11.30 Dimensions: 12.1 x 11.3 Remarks: Walk in closet , pool view Full Bathroom Level: First Dimensions: 8.5 x 6 Length: 8.50 Width: 6.00 Dimensions: 8.5 x 6 Remarks: Shower only Laundry Level: First Dimensions: 5.5 x 5.6 Length: 5.50 Width: 5.60 Dimensions: 5.5 x 5.6 Master Bedroom Level: Second Dimensions: 12.3 x 13.5 Length: 12.30 Width: 13.50 Dimensions: 12.3 x 13.5 Remarks: Gulf view Master Bathroom Level: Second Dimensions: 7 x 10.4 Length: 7.00 Width: 10.40 Dimensions: 7 x 10.4 Remarks: Shower only and double vanity Covered Porch Level: Second Dimensions: 21.4 x 12 Length: 21.40 Width: 12.00 Dimensions: 21.4 x 12 Remarks: Gulf View Bedroom Level: Second Dimensions: 12.7 x 11 Length: 12.70 Width: 11.00 Dimensions: 12.7 x 11 Remarks: Pool view Full Bathroom Level: Second Dimensions: 8 x 7.4 Length: 8.00 Width: 7.40 Dimensions: 8 x 7.4 Remarks: Shower only and walk in closet Kitchen Level: Second Dimensions: 35 x 18.8 Length: 35.00 Width: 18.80 Dimensions: 35 x 18.8 Remarks: Gulf view, kitchen, dining and family room 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 Dimensions: 21.4 x 12 Remarks: Gulf view, pool view, gas grill
Listing Office: Beach King Realty
Last Updated: December - 23 - 2025
Information deemed reliable but not guaranteed.