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$500,000
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Property Description
Welcome to your dream coastal retreat in Laguna Beach! This updated three-bedroom, two-bathroom cottage sits on a rare DOUBLE LOT facing the water, offering endless possibilities to expand, add a pool, or even build another structure. Located just one block from the world's most beautiful beaches, you can enjoy sunset walks and morning coffee with Gulf breezes in minutes. Inside, you'll find a fully remodeled kitchen with high-end appliances, sleek cabinetry, and gorgeous countertops. The home features elegant Italian porcelain floors, double-pane argon gas windows for energy efficiency, and updated bathrooms designed for relaxation after a day at the beach. The versatile third bedroom includes its own private entrance and open deck, making it ideal for guests or additional rental income. Whether you're looking for a turnkey short-term rental, a vacation getaway, or a full-time residence, this property checks every box. With short-term rentals allowed and plenty of space for expansion, this is a rare opportunity to own one of the most versatile properties in Laguna Beach. Don't miss your chance to make this coastal gem yours, schedule your private showing today!
Full Property Details
Full Property Details for 19980 1st Ave
General
- Price: $500,000
- Taxes: $2,134 (2024)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 987731
- Updated: 1/5/2026
- Added to Site: 168 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Area, Living Room, Master Bedroom
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: Living Room
Exterior
- Exterior Features: Fenced Back Yard, Fenced Chain Link
Parking
- Garage: Yes
- Parking: Garage, Garage Attached, Other
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Laguna Beach Estates 9Th Addn
- Driving Directions: Heading west on Front Beach Road and turn right onto 12th Street. House is on the curve with a sign in the yard.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Water, Septic Tank, TV Cable
Structural Information
- Architectural Style: Florida Cottage
- Construction: Concrete
- Stories/Levels: 1
- Square Feet: 1,128
- Sq. Ft. Source: Agent-Measured
- Year Built: 1958
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.14
- Lot Dimensions: 80 x 75
- Street/Road Desc.: Paved Road
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $2,134
- Tax Year: 2024
- Terms: Conventional, FHA, VA
Disclosures and Reports
- Legal Description: LAGUNA BEACH EST 9TH ADD (2.88 TH W 40' OF LOT 1 BLK 48 AND LAGUNA BEACH EST 2ND ADD COM AT TH NW COR LOT 11 BLK 8B RUN NLY ACROSS FIRST AVE 50', ELY ALG N ROW LI OF FIRST AVE 140' FOR POB TH NLY AT RIGHT ANGLE TO LEFT 75', SELY 100', SWLY 75' TH NWLY ALG ROW 100' TO POB LESS THE WLY 60' ORB 795 P 69 ORB 3877 P 2020
- APN: 37125-000-000
Listed by Secure Real Estate
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Schools
Schools serving 19980 1st Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 5.3 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 5.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 19980 1st Ave
Date
Details
Price
Change
Source
10/17/2025
Listed
$500,000
208.64%
MLS
2/17/2017
Sold
$162,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 19980 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,165
1%
$215,696
3%
2024
$2,134
2%
$209,617
3%
2023
$2,096
13%
$203,512
34%
2021
$1,855
-2%
$151,384
-23%
2022
$1,885
2%
$197,584
40%
2021
$1,855
3%
$141,605
-1%
2019
$1,803
5%
$143,118
6%
2018
$1,722
56%
$134,397
59%
2017
$1,103
-2%
$84,317
—
2016
$1,121
-2%
$84,197
1%
2015
$1,143
—
$83,577
—
2014
$1,147
11%
$83,957
-2%
2013
$1,037
—
$85,337
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 19980 1st Ave
19980 First Avenue, Panama City Beach, FL 32413 (MLS# 987731) is a Single Family property with 3 bedrooms and 2 full bathrooms. 19980 First Avenue is currently listed for $500,000 and was received on October 17, 2025. Want to learn more about 19980 First Avenue? Do you have questions about finding other Single Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

