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20724 First Avenue

Panama City Beach, FL 32413
  • $2,750,000
  • STATUS: Active
  • ON SITE: 1152 Days
  • MLS #: 745066
$2,750,000
  • 8
    BEDS
  • N/A
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 4,968
    SQFT
  • $554
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2023
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2026-10-07T00:03:59.757.
www.revrealtyflorida.com/homes/142359702
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20724 First Avenue Panama City Beach, FL 32413

  • Price: $2,750,000
  • Status: Active
  • On Site: 1152 Days
  • MLS #: 745066
8
Beds
10
Baths
0
½ Baths
N/A
Acres
4,968
SQFT
$554
$/SQFT
2023
Built
Neighborhood:
Laguna Beach 7Th Add
County:
Bay
Area:
Bay County-Beach
Elementary School:
West Bay
Middle School:
Surfside
High School:
Arnold
Property Description
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.
Exterior Features

Architectural Style Duplex Attached Garage YN No Construction Materials Hardi Plank Type Exterior Features Barbecue Columns Outdoor Shower Rain Gutters Fencing Fenced Privacy Foundation Details Slab Garage YN No Lot Features Sprinkler System Paved Other Structures Pergola Patio And Porch Features Balcony Covered Porch Pool Features Fenced Gunite Gas Heat In Ground Pool Private Pool Private YN Yes Roof Other Structure Type Duplex View Gulf Lake View YN Yes

Interior Features

Appliances ENERGY STAR Qualified Appliances Electric Oven Gas Cooktop Ice Maker Tankless Water Heater Cooling Central Air Ceiling Fan(s) ENERGY STAR Qualified Equipment Multi Units Separate Meters Cooling YN Yes Door Features Storm Door(s) Green Energy Efficient Appliances Heating Central ENERGY STAR Qualified Equipment Natural Gas Heating YN Yes Interior Features Balcony Double Vanity Tile Counters Upper Level Primary Instant Hot Water Laundry Features Washer Hookup Dryer Hookup Rooms Primary Bedroom (Second Level) Primary Bathroom (Second Level) Units Furnished All Units Window Features Double Pane Windows Storm Window(s) Tinted Windows

Property Features

Association YN No Community Features Barbecue Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 55x110 New Construction YN Yes Occupant Type Tenant Property Sub Type Duplex Property Sub Type Additional Duplex Security Features Carbon Monoxide Detector(s) Firewall(s) Fire Sprinkler System Fire Alarm Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 12987.42 Tax Year 2024 Utilities Cable Connected Electricity Available High Speed Internet Available Water Connected Waterfront YN No Zoning Description Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Beach King Realty: 850-832-8042. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2026-10-07T00:03:59.757.
 
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