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$549,000

Beds
3
Baths
2.0
sq ft
1,128

19980 First Ave, Panama City Beach, FL 32413

19980 First Ave

Panama City Beach, FL 32413

  • <1 day on market
    • Open house Mar 02
Welcome to your dream coastal retreat! Nestled in the heart of Laguna Beach, this beautifully updated three-bedroom, two-bathroom cottage is just steps away from the Gulf of Mexico and offers serene lagoon views from the backyard. With a prime location and a wealth of modern upgrades, this home is perfect for full-time living, a vacation getaway, or a lucrative short-term rental investment.As you step inside, you'll be greeted by a stunning fully remodeled kitchen featuring high-end appliances, sleek cabinetry, and gorgeous countertops--ideal for cooking and entertaining. The home boasts Italian porcelain engineered floors, adding a touch of elegance while ensuring durability for beachside living. Double-pane argon gas windows flood the space with natural light, enhancing energy efficiency and comfort year-round.The luxurious bathrooms have been thoughtfully designed with spa-like amenities, providing a relaxing retreat after a day at the beach. The layout of this home is highly versatile, offering a third bedroom with its own separate entrance and open deck--perfect for a private guest suite or rental opportunity.Outside, the spacious side yard presents the perfect opportunity to add a pool, further enhancing this property's charm and value. With a straight shot to Beach Access 77, you can sink your toes into the sugar-white sands of the Gulf in just two minutes!Don't miss this rare opportunity to own a turnkey beachside cottage in one of the most sought-after locations along the Emerald Coast. Whether you're looking for an investment property, vacation home, or permanent residence, this Laguna Beach gem is ready to fulfill your coastal living dreams. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$410,288

Lot size

6,098 sq ft

Price per sq ft

$487

Year built

1958

Annual property taxes

$2,134

HOA

No

Price History

02/25/2025
CentralPanhandle

CentralPanhandle #769405

Listed
$549,000
-4.52%
02/13/2025
CentralPanhandle

CentralPanhandle #763318

Removed
$575,000
10/02/2024
CentralPanhandle

CentralPanhandle #763318

Listed
$575,000
+248.48%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$386,728
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$118,352
Cash to seller
$386,728

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ally Bank

Loan start date

September 2021

Original loan amount

$128,129

Est. remaining balance

$118,352

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Lynda Leigh Rich and James D Silvio

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/26/2025 at 4:50 PM

Listing updated: 02/26/2025 at 11:09 AM

Listed by: Rebekah A Peterson, Seashore Realty LLC Phone #: (850) 235-4444

MLS: CentralPanhandle #769405

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