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$629,000
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Property Description
Welcome to your beach getaway, just 500ft to the beach! Located in the heart of highly coveted Laguna Beach on the West End, celebrated for its relaxed, much quieter and more peaceful atmosphere compared to the bustling energy of the East End of Panama City Beach. This beautifully updated 3-bedroom, 2-bathroom coastal cottage sits just a short unobstructed 500-foot stroll from 2 public beach accesses into the sugar-white sands of the Gulf. Offering the perfect blend of beachside lifestyle, privacy, and investment potential with no HOA, this property is ideal to live in full-time, part-time, or rent out due to low overhead, zero lawn maintenance, and incredible proximity to the water. Situated on a desirable corner lot, this 1,353-square-foot single-story home features a bright, open layout with brand-new luxury vinyl plank flooring, a fully remodeled kitchen with stainless steel appliances, and tastefully renovated bathrooms, including a custom walk-in tile shower in the primary suite. The home has been thoughtfully upgraded for peace of mind with a brand-new roof, impact-rated windows, a new air handler, and freshly updated interior finishes throughout. Outside, you will find a private fenced backyard perfect for relaxing or future enhancements, alongside ample off-street parking, a large owner's lock-out storage room, and an oversized 10x14 golf cart shed with double doors for easy access. Tucked away from the heavy tourist traffic yet perfectly situated, you are only minutes from Pier Park and roughly five miles from the upscale lifestyle of Scenic Highway 30A. This quiet, highly walkable neighborhood puts local favorites like Thomas Donut & Snack Shop and Carousel Supermarket just steps from your door. With its rare combination of a peaceful location, close proximity to the Gulf, and recent updates, this is truly one of the most versatile opportunities in Laguna Beach. Schedule your showing today and claim your quiet slice of paradise!
Full Property Details
Full Property Details for 20003 1st Ave
General
- Price: $629,000
- Taxes: $4,583 (2024)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 782323
- Updated: 6/30/2026
- Added to Site: 232 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Main Level Primary, Shower Only, Walk-In Closet(s)
- Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Covered, Patio
Parking
- Parking Features: Additional Parking
Location
- County: Bay
- Subdivision: Laguna Beach 2nd Add
- Driving Directions: Travel West on Highway 98. Continue 3 miles past highway 79. Turn left on 14th street then left on 1st Avenue. Home is the 3rd house on the right.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Utility Description: Cable Connected
Structural Information
- Architectural Style: Coastal
- Construction: Stucco
- Roof: Shingle
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1988
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size: .1
- Lot Dimensions: 60 x 75
- Frontage: City Street
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Fenced
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $4,583
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LAGUNA BEACH EST 2ND ADD (3.30 ELY 1/2 LOT 3 BLK 7B ORB 4348 P 1591
- Property ID: 36688-000-000
Listed by Secure Real Estate
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Schools
Schools serving 20003 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 | 5.5 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 20003 1st Ave
Date
Details
Price
Change
Source
6/24/2026
Price Reduced
$629,000
-3.08%
MLS
6/03/2026
Price Reduced
$649,000
-0.15%
MLS
2/06/2026
Price Reduced
$650,000
-1.52%
MLS
12/04/2025
Listed
$660,000
65%
MLS
1/08/2021
Sold
$400,000
—
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 20003 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,641
1%
$377,483
2%
2024
$4,583
4%
$369,651
6%
2023
$4,413
44%
$349,793
38%
2021
$3,065
-19%
$254,094
-21%
2022
$3,782
23%
$323,498
42%
2021
$3,065
50%
$227,733
40%
2019
$2,048
2%
$162,958
4%
2018
$2,003
2%
$156,846
3%
2017
$1,959
69%
$152,289
75%
2016
$1,160
-2%
$87,230
1%
2015
$1,182
-3%
$86,496
-4%
2014
$1,222
10%
$89,711
-2%
2013
$1,108
—
$91,415
—
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 20003 1st Ave
20003 First Avenue, Panama City Beach, FL 32413 (MLS# 782323) is a Single Family property with 3 bedrooms and 2 full bathrooms. 20003 First Avenue is currently listed for $629,000 and was received on December 04, 2025. Want to learn more about 20003 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.

