2 months on rocket

20405 Front Beach Rd, Panama City Beach, FL, 32413

$4,999,000

9 Bedrooms
9 Full Baths, 1 Partial
5,215 SqFt
$959/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage1 space
Year Built2019
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf, Waterfront
ViewGulf
Private PoolYes
MLS #762882
Lot Size0.09 Acres
StatusActive

About 20405 Front Beach Rd

20405 Front Beach Road is an exquisite gulf front home nestled perfectly in the Laguna Beach section of Panama City Beach. Boasting an ideal location for both vacation rental and personal enjoyment, it sits just five miles east of the luxurious Rosemary Beach and five miles west of Pier Park--the largest commercial and entertainment center in Northwest Florida.This residence presents an exceptional vacation rental opportunity with a projected gross annual rental income of $392,000. The same rental manager, who oversees the neighboring property, successfully secured $320,000 in bookings for 2024 after just 40 days on their program.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 2019
  • Living Area: 5,215 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC

Interior Features

Interior Information:

  • Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Interior: High Ceilings, Kitchen Island, Recessed Lighting, Vaulted Ceiling(s), Loft

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 9
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Built-in Barbecue, Balcony, Deck, Sprinkler/Irrigation, Outdoor Kitchen, Outdoor Shower

Parking Information:

  • Garage Space: 1 space
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Hwy 98, turn on Wisteria, at the stop sign take a right and almost immediately the house will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,999,000
  • Price Per SqFt: $959/SqFt

Tax Information:

  • Annual Amount: $23,483
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

Med. Sold Price

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

20405 Front Beach Rd vs Panama City Beach

61 DAYS ON ROCKET

-43 Days

$4,999,000

+$4.5M More

$959/SqFt

+$630 More

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price and $630/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #762882

Listing Office:

  • Office Name: Compass Florida, LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 29, 2020Home Sold
$2,660,000
Oct 19, 2020Home Sold
$2,650,000

Tax History

YEARPROP. TAXASSESSMENT
2020$23,483$1,923,776

History based on county public records data.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-949356
7
/10
  • West Bay Elementary School

  • 14813 School Dr

  • 5.56 miles

  • Public District Grades KG-5

school-card-donut-949357
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 6.73 miles

  • Public District Grades KG-5

school-card-donut-949358
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 11.53 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,286. The majority of Panama City Beach, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20405 Front Beach Rd

What is the listing price of this property?

The listing price of 20405 Front Beach Rd property is $4,999,000.

What type of property is this?

The property 20405 Front Beach Rd is a house located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 20405 Front Beach Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $23,483 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 29, 2020 for $2,660,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20405 Front Beach Rd has 9 bedrooms and 9 full and 1 half bathrooms.

What is the square footage of this property?

The property 20405 Front Beach Rd is 5,215 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20405 Front Beach Rd is 2019.
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Rocket Homes›Florida›Bay County›Panama City Beach›32413›20405 Front Beach Rd

This home is located at 20405 Front Beach Rd in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 5,215 square foot home, which was built in 2019, sits on a 0.09 acre lot. Features: 9 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $4,999,000.

In October 2024, from all listings sold in Panama City Beach, FL there were more than 5 sold above asking price, over 99 sold below and more than 25 were sold right at the asked price. Between September 2024 and October 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 0.4%. While the average time on the market in October 2024 was 104 days, the median list price was $464,783.

From Rocket Homes Real Estate and based on county public records data.

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