121 Paradise Found Circle, Panama City Beach, FL 32413

$1,050,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 2,128 Lot Size (sq. ft.): 2,614 Status: Sold
Current Price: $1,099,000 List Date: 7/23/2025 Last Modified: 11/06/2025

Description

Situated in the heart of Margaritaville Beach Cottage Resort, this thoughtfully designed beach cottage delivers a carefree, resort-style lifestyle paired with exceptional short-term rental potential. Just steps from the community’s vibrant centerpiece, The Club, owners and guests enjoy access to a resort-caliber amenity set, including an expansive oasis-style pool, towering waterslide, lazy river, and poolside bar and grill with full-service dining. A short stroll leads to 580 feet of dedicated sugar-white sand beach, where chair and umbrella service, beachside dining, and the emerald waters of the Gulf create the quintessential 30A experience. Coming this June, the resort’s amenity suite expands further with the debut of the License to Chill Restaurant, a state-of-the-art fitness center, and a family-friendly arcade.Inside, the cottage’s open-concept floor plan is designed for gathering, with abundant natural light and coastal-inspired interiors that evoke a bright, playful beach aesthetic. The gourmet kitchen features a striking oversized quartz island, ideal for entertaining. The main-level primary suite opens directly to a private six-person hot tub, offering a peaceful retreat after a day at the beach. Thoughtfully furnished and turn-key, this home is perfectly positioned to serve as a personal getaway or high-performing rental, blending relaxed luxury with long-term investment value.

More Information MLS# 776652

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 2225 HOA Frequency: Quarterly HOA Annual Amount: 8900 Senior Community: No Is Subject Leased: No New Buyer Fee: Yes New Buyer Fee Amt: 5000 New Buyer Fee Paid: $ Brokerage Interest: No Interest As Is: No

Contract Info

List Price/SqFt: 516.45 Status: Sold List Date: 2025-07-23 List Price: $1,099,000 Current Price: $1,050,000

Location

Sub Area: 0320 – Beach – Middle Central Community/Resort: None Waterfront: No Elementary School: Hutchison Beach Middle School: Surfside High School: Arnold Directions: Enter off Front Beach Rd aprox. 1.5 miles east of Pier Park, turn left at pool, Take next right home is on the left Area: 03 – Bay County – Beach Street #: 121 Street Name: Paradise Found Street Suffix: Circle State: FL Zip Code: 32413 County: Bay Subdivision: Margaritaville Cottages Parcel ID: 34764-200-100 Legal Description: PANAMA CITY BEACH RESORT LOT 10 MARGARITAVILLE COTTAGES PH 3 ORB 4757 P 1905

General Property Info

Acreage: 0.06 Design: Beach House Lot Size (SqFt): 2614 Apx SqFt(Htd/Cooled): 2128 Immediate Occupancy: Yes Construction Status: Construction Complete SqFt Source: Prop App Site Balcony SqFt: 300 Half Baths: 1 # of Stories in Building: 2 Lot Dimensions: 32′ x 76′ New Construction: No Garage Y/N: No Driveway Spaces: 3 Pool: Yes Pool Type: Community Sub-Type: Detached Single Family Bedrooms: 5 Full Baths: 4 Total Baths: 5 Year Built: 2023

Remarks & Misc

Remarks: Situated in the heart of Margaritaville Beach Cottage Resort, this thoughtfully designed beach cottage delivers a carefree, resort-style lifestyle paired with exceptional short-term rental potential. Just steps from the community’s vibrant centerpiece, The Club, owners and guests enjoy access to a resort-caliber amenity set, including an expansive oasis-style pool, towering waterslide, lazy river, and poolside bar and grill with full-service dining. A short stroll leads to 580 feet of dedicated sugar-white sand beach, where chair and umbrella service, beachside dining, and the emerald waters of the Gulf create the quintessential 30A experience. Coming this June, the resort’s amenity suite expands further with the debut of the License to Chill Restaurant, a state-of-the-art fitness center, and a family-friendly arcade.Inside, the cottage’s open-concept floor plan is designed for gathering, with abundant natural light and coastal-inspired interiors that evoke a bright, playful beach aesthetic. The gourmet kitchen features a striking oversized quartz island, ideal for entertaining. The main-level primary suite opens directly to a private six-person hot tub, offering a peaceful retreat after a day at the beach. Thoughtfully furnished and turn-key, this home is perfectly positioned to serve as a personal getaway or high-performing rental, blending relaxed luxury with long-term investment value.

Status Change Info

Sold Price/SqFt: 493.42 Sold Price/Acre: 17500000 Under Contract Date: 2025-09-30 Sold Date: 2025-11-05 Sold Price: $1,050,000

Great Room

First: 1

Appliances

Cooktop – Gas: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range – Gas: 1 Refrigerator: 1 Washer: 1 Water Heater – Electric: 1

Interior Features

Floor – Laminate: 1 Stairs: 1 Window – Treatment All: 1

Construction/Siding

Foundation – Slab on Grade: 1 Roof – Metal: 1 Siding – Hardie Board: 1 Trim – Vinyl: 1

Exterior

Deck Open: 1 Double Pane Windows: 1 Fenced Lot-Part: 1 Patio Covered: 1 Sprinkler System: 1

Association Fees Include

Accounting: 1 Advertising: 1 Beach: 1 Dumpster: 1 Internet-WiFi: 1 Pool: 1 TV Cable: 1 Water: 1

Financing

Cash: 1 Conventional: 1

Furnished

Furnished: 1

Kitchen

First: 1

Lot Features

Dedicated Beach: 1

Parking Features

Paver Block: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Shower Only: 1

Association Amenities

Beach: 1 Dumpster: 1 Mini Golf: 1 Water Park: 1 Waterfront: 1 Dining: 1

Rooms

Bedroom: 1 Great Room: 1 Kitchen: 1 Master Bedroom: 1

Utilities

TV Cable: 1 Electric 220/240: 1 Garbage: 1 Natural Gas – Connected: 1 Internet – Broadband Available: 1 Public Sewer – Connected: 1 Underground Utilities: 1

Master Bedroom

First: 1

Bedroom

Second: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1 Heat Pump: 1 Multi Units: 1 Zoned: 1

Heating

Central: 1 Electric: 1 Heat Pump: 1

Security Features

Smoke Detector(s): 1

Property Features

Appliances: Cooktop – Gas; Dishwasher; Disposal; Dryer; Microwave; Range – Gas; Refrigerator; Washer; Water Heater – Electric Master Bedroom: First Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Electric; Heat Pump; Multi Units; Zoned Heating: Central; Electric; Heat Pump Exterior: Deck Open; Double Pane Windows; Fenced Lot-Part; Patio Covered; Sprinkler System Association Fees Include: Accounting; Advertising; Beach; TV Cable; Dumpster; Internet-WiFi; Pool; Water Financing: Cash; Conventional Furnished: Furnished Kitchen: First Lot Features: Dedicated Beach Great Room: First Security Features: Smoke Detector(s) Parking Features: Paver Block Association Amenities: Beach; Dining; Dumpster; Mini Golf; Water Park; Waterfront Rooms: Bedroom; Great Room; Kitchen; Master Bedroom Utilities: TV Cable; Electric 220/240; Garbage; Internet – Broadband Available; Natural Gas – Connected; Public Sewer – Connected; Underground Utilities

Room Information

Great Room Level: First Dimensions: 16 x 13 Length: 16.00 Width: 13.00 Dimensions: 16 x 13 Kitchen Level: First Dimensions: 12 x 13 Length: 12.00 Width: 13.00 Dimensions: 12 x 13 Master Bedroom Level: First Dimensions: 15 x 13 Length: 15.00 Width: 13.00 Dimensions: 15 x 13 Bedroom Level: Second Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Dimensions: 13 x 13 Bedroom Level: Second Dimensions: 13 x 10 Length: 13.00 Width: 10.00 Dimensions: 13 x 10 Bedroom Level: Second Dimensions: 13 x 10 Length: 13.00 Width: 10.00 Dimensions: 13 x 10 Bedroom Level: Second Dimensions: 10 x 10 Length: 10.00 Width: 10.00 Dimensions: 10 x 10
Listing Office: Compass Florida, LLC
Last Updated: November – 06 – 2025
Information deemed reliable but not guaranteed.