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$660,000
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Property Description
Just 500ft to the beach!! Welcome to your beach getaway in the heart of highly coveted Laguna Beach! This beautifully updated 3-bedroom, 2-bath coastal cottage sits just one block from the sugar-white sands of the Gulf and offers the perfect blend of beachside lifestyle, privacy, and investment potential. Situated on a desirable corner lot with paved road access, this 1,353 sqft 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 along with a tub/shower combination for guests. The primary bedroom also offers a walk-in closet for added convenience. This home has been thoughtfully upgraded with a brand new roof, impact-rated windows, and a new air handler, along with freshly updated interior finishes throughout. Outside, enjoy a private fenced backyard, perfect for relaxing, entertaining, or future enhancements such as a pool, hot tub, or firepit. Additional highlights include ample off-street parking and an oversized 10x14 golf cart shed with double doors for easy access, plus a large owner's lock-out storage room for beach gear and personal items. Quiet and walkable, this location offers a flat, unobstructed 3-minute stroll to public beach access 77 or 78, with nearby favorites like Thomas Donut & Snack Shop, Carousel Supermarket, Laguna Beach Coffee & Cream Café, and Pho Pier 77 just steps away. You're also only minutes from Pier Park and roughly five miles from the upscale lifestyle of Scenic Highway 30A. With no HOA and short-term rentals allowed, this property is an outstanding opportunity as a primary residence, second home, or income-producing vacation rental. With its rare combination of lot size, proximity to the Gulf, and recent updates, this is truly one of the most versatile opportunities in Laguna Beach. Schedule your showing today!
Full Property Details
Full Property Details for 20003 1st Ave
General
- Price: $660,000
- Taxes: $4,582 (2024)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 990727
- Updated: 12/4/2025
- Added to Site: 80 day(s) ago
Interior
- Rooms/Areas: Bedroom, Florida Room, Living Room, Master Bedroom
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: Living Room
- Florida Room: Florida Room
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Laguna Beach 2Nd Addn
- 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
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Architectural Style: Beach House
- Stories/Levels: 1
- Square Feet: 1,353
- Sq. Ft. Source: County PA Records
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: 60 x 75
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $4,582
- Tax Year: 2024
Disclosures and Reports
- Legal Description: LAGUNA BEACH EST 2ND ADD (3.30 ELY 1/2 LOT 3 BLK 7B ORB 4842 P 37
- APN: 36688-000-000
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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 Pitney Bowes 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
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# 990727) is a Single Family property with 3 bedrooms and 2 full bathrooms. 20003 First Avenue is currently listed for $660,000 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.

