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$399,900
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Property Description
***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS What an adorable cottage by the sea in desirable Laguna Beach! Just hop in your golf cart and take the short one block ride to the public beach access. Whether you are looking for your own personal vacation home, wanting to downsize and live by the sea permanently or want a short term rental, this adorable house checks all the boxes! There are so many cute touches like the built in shelving in the living room wall and wainscoting on several walls that you don't get in new construction cookie cutter houses. The electrical panel was just redone. The 2 mini splits were installed in 2022 and are far more than is needed for this small space, so you will easily be able to heat and cool this space instantly with the touch of a button. The very large wrap around porch has a bar with barstools to get you into the island time vibe as you enjoy the beautiful view of the pond and freshly trimmed, mature palm trees behind you. You will notice the high, wood slat ceilings in the bathroom. Remove the ceiling tile in the other rooms and that's how high the ceilings will be throughout! The ceiling was just replaced in one of the back bedrooms, so that also serves as inspiration as to how cute all of the ceilings could easily look. The wood flooring is original. The refrigerator is only 4 years old. The bathroom was gorgeously updated 4 years ago. Metal roof was done in May of 2012, meaning you still have quite a few years of use left on it. Large, oversized one car garage has plenty of space for storing a vehicle, golf cart and beach equipment. Septic tank was drained September of 2021 and house has been vacant a large majority of time since then. Don't let this rare seaside gem pass you by!
Full Property Details
Full Property Details for 20737 1st Ave
General
- Sold For: $399,900
- Taxes: $3,281 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 781242
- Added to Site: 73 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Laguna Beach Estates
- Driving Directions: Take highway 98 West from Panama City and travel to Laguna Beach area. Turn left on Azalea Dr. off of 98 West. When Azalea dead ends onto First Ave, the property is directly in front of you.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Florida
- Sq. Ft. Source: Appraiser
- Year Built: 1960
Additional Structures
- Other Structures: Pool House
Lot Features
- Property View: Other
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,971
- Lot Size: .18
- Lot Dimensions: 50 x 160
Financial Considerations
- Tax Amount: $3,281
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LAGUNA BEACH ESTATES 5TH ADD LOT 13 BLK 16 ORB 463 P 14
- Property ID: 36753-000-000
Listed by Dalton Wade Inc
Sold by Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 20737 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 | 5.7 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 8.1 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 20737 1st Ave
Date
Details
Price
Change
Source
12/16/2025
Sold
$399,900
—
MLS
11/05/2025
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20737 First Avenue, Panama City Beach, FL 32413 (MLS# 781242) is a Single Family property that was sold at $399,900 on December 16, 2025. Want to learn more about 20737 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.

