#768017, Listing office: Beach Time Realty, Inc
$2,750,000 List price
20724 First Ave Panama City Beach, FL 32413
8 beds
10 full
4,968 sqft
$554 / sqft
Multi-Family
Property details
About 20724 First Ave
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.
Highlights
Home typeDuplex
HeatingCentral, ENERGY STAR Qualified Equipment, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Multi Unit(s), Separate Meters
Size4,968 sqft
Year built2023
ParkingOversized
MLS #745066
ViewGulf, Lake
Summary
- Full Bathrooms: 10
- Appliances: Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Oven, Gas Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
- Interior: Bookcases, Elevator, Kitchen Island, Other, Pantry, Recessed Lighting, Split Bedrooms, Storage, Natural Woodwork, Instant Hot Water
- Total Bedroom Count: 8
- Parking: Oversized
- View: Gulf, Lake
- Exterior: Built-in Barbecue, Balcony, Sprinkler/Irrigation, Outdoor Shower, Columns, Rain Gutters
- Architectural Style: Duplex
- Heating: Central, ENERGY STAR Qualified Equipment, Natural Gas
- Cooling: Central Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Multi Unit(s), Separate Meters
- List Price: $2,750,000
- Price/SqFt: $553
- Annual Tax Amount: $2,263
- Tax Year: 2023
- Lot: Landscaped, Split Possible
- 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.
- Year Built: 2023
- Living Area: 4,968 SqFt
- MLS Number: 745066
- MLS Name: BCAR
- Office Name: Beach King Realty
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 03, 2022 | Home Sold | $1,170,000 |
| Mar 24, 2021 | Home Sold | $190,000 |
| Feb 09, 2018 | Home Sold | $85,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $181,060 | $2,263 |
History based on county public records data.
Nearby schools
5
West Bay Elementary School
Public District KG-5
5.6 mi
•14813 School Dr
7
Hutchison Beach Elementary School
Public District KG-5
7.1 mi
•12900 Hutchison Blvd
7
Patronis Elementary School
Public District KG-5
11.9 mi
•7400 Patronis Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,286. Residents of Panama City Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
34%
<35k
39%
35k-100k
18%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
8%
Single, with Kids
34%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
17%
18-34 yrs old
46%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
PGA/LPGA
Where do the neighbors shop?
Kmart
Dollar General
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Dominos Pizza
What do the neighbors drive?
Buick
Ram
Lincoln
What do the neighbors listen to?
Oldies
Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 20724 First Ave
The listing price of 20724 First Ave property is $2,750,000.
The property 20724 First Ave is a multi located in Panama City Beach, Florida, 32413.
Active Listing: 20724 First Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 20724 First Ave are: West Bay Elementary School (GreatSchools Rating 5/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Patronis Elementary School (GreatSchools Rating 7/10), Surfside Middle School (GreatSchools Rating 6/10), Breakfast Point Academy (GreatSchools Rating 6/10), Emerald Coast Middle School (GreatSchools Rating 6/10), J.R. Arnold High School (GreatSchools Rating 5/10), Seaside Neighborhood School (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,263 (source: MLS/based on county public records data).
The last sale was on May 3, 2022 for $1,170,000 (source: MLS/tax record).
The property 20724 First Ave is 4,968 SqFt (source: MLS/tax record).
The year of construction for 20724 First Ave is 2023.
This home is located at 20724 First Ave in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 4,968 square foot home was built in 2023. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since August 14, 2023 and is currently priced at $2,750,000.
Over 1 listings were sold over their listed price in June 2025 in Panama City Beach, FL. In the same period over 119 listings were sold below the listed price and 21 listings were sold for the listed price. Between May and June 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 1.2%. The median list price of listings available in June 2025 was $435,000, while the average time on the real estate market was 87 days.
From Rocket Homes Real Estate and based on county public records data.