20613 First Avenue
Panama City, FL 32413
$1,399,000
Active
Description
A newly renovated two-story home in the quiet Laguna Beach area of Panama City Beach, two minutes' walk from the white sand. Four bedrooms, three baths, a brand-new private pool, and a private dock on the freshwater lake behind the house. Two blocks to multiple public beach access points.
The home is primarily used as a personal residence yet generating approximately $71,000 in gross rental revenue in roughly 90 days of summer rentals. For a buyer who wants a Gulf Coast property with proven income potential, the opportunity is both substantial and documented.
Listing details MLS# 1003412
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2724 - Beach - West Central
- Subdivision
- LAGUNA BEACH ESTATES 5TH ADDN
- County
- Bay
- Parcel ID
- 36728-020-000
- Tax year
- 2025
- Annual tax
- 7570.84
- Legal description
- LAGUNA BEACH ESTATES 5TH ADD LOT 13 BLK 12 ORB 4687 P 1548
- Zoning
- City
General Property Info
- Property type
- Residential
- Year built
- 2018
- Acreage
- 0.11
- Lot size (sq ft)
- 4791.6
- Lot dimensions
- 116x47x125x28
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Full baths
- 3
- Half baths
- 0
- Building area
- 1962
- Heating
- Central
- Flooring
- Floor Vinyl
- Interior features
- Owner's Closet
- Appliances
- Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Tnkls
- Total rooms
- 8
Exterior and Site
- Roof
- Roof Metal
- Foundation
- Slab
- Exterior features
- Balcony, Dock, Shower
- Patio and porch
- Patio Covered, Porch
- Pool features
- Pool - Heated, Pool - In-Ground, Pool Type
- Fencing
- Fenced Privacy
- View
- Lake, Gulf
- Road surface
- Paved
- Road frontage
- City Street
Utilities
- Utilities
- Electric, Gas - Natural, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- West Bay
- Middle school
- Surfside
- High school
- Arnold
Remarks and Misc
- Directions
- from HWY 98 head south on twin lakes road turn left onto first avenue