20724 First Avenue, Panama City Beach

$2,760,000

8 Beds
10 Baths
4,968 Sqft
.14 Acre
0 Garage

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. 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.

Essential Information
MLS® #949578
Price$2,760,000
Bedrooms8
Bathrooms10.00
Full Baths10
Square Footage4,968
Acres0.14
Year Built2023
TypeResidential
Sub-TypeTownhouse
StyleDuplex
StatusActive
Community Information
Address20724 First Avenue
Area27 - Bay County
SubdivisionLAGUNA BEACH 7TH ADDN
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
ViewGulf
Has PoolYes
PoolHeated, In Ground
Utilities

Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Tap Fee Paid

Interior
CoolingCentral Air, Ceiling Fan(s)
# of Stories3
Interior Features

Breakfast Bar, Crown Molding, Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookup, Elevator

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Double Oven, Washer, Tankless Water Heater

Heating

Central, Heat High Efficiency, Gas - Natural

Exterior
RoofMetal
FoundationSlab
Exterior Features

Outdoor Grill, Balcony, Columns, Private Yard, Lawn Pump, Pool - Gunite Concrt, Outdoor Shower, Sprinkler System

Lot Description

Restrictions, Survey Available, Within 1/2 Mile to Water

Windows

Double Pane Windows, Tinted Windows, Window Treatments

Construction

Roof Pitched, Siding CmntFbrHrdBrd

School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
ZoningResid Multi-Family
Listing Details
OfficeBeach King Realty
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Listing information last updated on October 15th, 2026 at 10:38am CDT.