20724 First Ave Panama City Beach, FL 32413
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
Summary
- Full Bathrooms: 10
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Double Oven, Refrigerator, Ice Maker, Gas Oven, Washer
- Flooring Type: Tile, Vinyl
- Interior: Breakfast Bar, Ceiling Crown Molding, Elevator, Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookups, Window Treatment(s)
- Total Bedroom Count: 8
- Private Pool: Yes
- View: Gulf
- Exterior: Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Fenced Privacy, Lawn Pump, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Shower, Sprinkler System
- Architectural Style: Duplex
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $2,760,000
- Price/SqFt: $555
- Annual Tax Amount: $2,263
- Tax Year: 2023
- Lot: Covenant/Restriction, Survey Available, Within 1/2 Mile to Water
- Directions: Travel east from Walton County to Front Beach Road and travel approximately 2 miles. Turn left onto Twin Lakes and veer to your left. The duplex will be facing you.
- Year Built: 2023
- Stories: 3
- Living Area: 4,968 SqFt
- Lot Size: 0.14 Acres
- 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
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: 7/21/2025, 11:40:35 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. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
Frequently asked questions
About 20724 First Ave
The listing price of 20724 First Ave property is $2,760,000.
The property 20724 First Ave is a townhouse 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 at 20724 First Ave has 8 bedrooms and 10 bathrooms.
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, 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 June 2025 saw over 1 listings sold above listed price, more than 21 sold at listed price and over 119 sold below. Between May and June 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 1.2%. While the average time on the market in June 2025 was 87 days, the median list price was $435,000.