20724 First Ave Panama City Beach, FL 32413

$2,760,000
8 beds
10 full
4,968 sqft
0.1 acres
$556 / sqft
Townhouse

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 owners 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 dont 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 typeTownhouse
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size4,968 sqft
Lot size0.14 Acres
Year built2023
MLS #949578
ViewGulf
Private poolYes

Summary

  • MLS Number: 949578
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Beach King Realty
  • Office Email: beachking.realestate@gmail.com
  • Listing Agent: Buddy King

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 2/7/2025, 7:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring a balcony

$2,760,000

20724 First Ave

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 03, 2022
Home Sold
$1,170,000
Mar 24, 2021
Home Sold
$190,000
Feb 09, 2018
Home Sold
$85,000

Tax history

YearAssessmentProperty Tax
2023$181,060$2,263

History based on county public records data.

Nearby schools

7

West Bay Elementary School

Public District KG-5

5.6 mi

14813 School Dr

5

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,286. Most Panama City Beach, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most 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 SkatingFigure Skating
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Dollar GeneralDollar General
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • RamRam
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Classic CountryClassic Country
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Frequently asked questions

About 20724 First Ave

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, which was built in 2023, sits on a 0.14 acre lot. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $2,760,000.

Panama City Beach, FL housing market in January 2025 saw over 3 listings sold above listed price, more than 10 sold at listed price and over 69 sold below. The number of listings in Panama City Beach, FL increased by 6.9% between December and January 2025. While the average time on the market in January 2025 was 101 days, the median list price was $450,216.

From Rocket Homes Real Estate and based on county public records data.

More resources