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. Distinguished by its meticulously designed floor plan, 20405 Front Beach Road stands out amidst Panama City Beach properties. Unlike many coastal homes that prioritize sleeping space over functional living areas, this home features three distinct living room and entertainment spaces. With 10-foot ceilings and generously sized bedrooms, every occupant can relish in the tranquility of this gulf-front retreat. Outdoor amenities include expansive balconies on each level and a private pool overlooking the Gulf, surrounded by shaded seating areas. The propertys design is inspired by the natural beauty of the coast, evident in its locally sourced hardwood flooring and serene color palette. Turquoise accents and white quartz countertops pay homage to the nearby beaches, creating a seamless connection between indoor elegance and outdoor splendor. 20405 Front Beach Road epitomizes the fusion of style and functionality, enhanced by its prime location amidst the best offerings of Northwest Florida. To experience this coastal paradise firsthand, contact the listing agent for a private in-person or virtual tour if youre unable to come into town.
This property is $4.7M more than the Median Sold Price and $644/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: Emerald Coast Association of REALTORS®
MLS Number: #945830
Listing Office:
Office Name: Compass
Office Phone: (305) 851-2820
Listing Agent: Spears Group, Caleb Spears
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 4/28/2024, 12:50:22 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
DATE
EVENT
PRICE
Oct 29, 2020
Oct 29, 2020Home Sold
$2,660,000
Oct 19, 2020
Oct 19, 2020Home Sold
$2,650,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$23,483
$1,923,776
History based on county public records data.
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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.
Elementary School
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school6.74 miles
Public District Grades PK-5
Middle School
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school5.64 miles
Public District Grades 6-8
High School
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school7.88 miles
Public District Grades 9-12
Assigned Schools
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school6.74 miles
Public District Grades PK-5
Nearby Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school11.54 miles
Public District Grades PK-5
9
/10
University Academy (Sabl, Inc.)
4750 Collegiate Dr
Distance between this listing and this school13.32 miles
Public Charter Grades KG-4
Assigned Schools
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school5.64 miles
Public District Grades 6-8
Nearby Schools
6
/10
Breakfast Point Academy
601 North Richard Jackson Blvd
Distance between this listing and this school8.18 miles
Public District Grades PK-8
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school16.49 miles
Public Charter Grades 6-8
Assigned Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school7.88 miles
Public District Grades 9-12
Nearby Schools
10
/10
Seaside Neighborhood School
10 Smolian Circle
Distance between this listing and this school13.00 miles
Public Charter Grades 6-10
5
/10
Newpoint Bay Charter High School
700 W 23rd St Bldg H
Distance between this listing and this school16.29 miles
The neighbors living near this home have an average income of $59,286. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
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 $5,199,000.
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 are the assigned schools for this property?
The assigned schools for 20405 Front Beach Rd are: Hutchison Beach Elementary School: GreatSchools Rating 5/10Surfside Middle School: GreatSchools Rating 5/10J.R. Arnold High School: GreatSchools Rating 5/10
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 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.
Interested in 20405 Front Beach Rd? Let's connect.
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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, 9 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $5,199,000.
In March 2024 more than 7 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 85 were sold below. Between February 2024 and March 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in March 2024 was $479,991, while the average time on the real estate market was 95 days.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
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