121 Paradise Found Circle, Panama City Beach, FL 32413 (MLS# 776652)

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: $1,050,000 List Date: 7/23/2025 Last Modified: 11/06/2025

Overview

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 aest … (Read more)

Listing Details MLS# 776652

Contract Info

List Price/SqFt: 516.45

Location

Area: 03 – Bay County – Beach
Street #: 121
Street Name: Paradise Found
Street Suffix: Circle
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0320 – Beach – Middle Central
Subdivision: Margaritaville Cottages
Community/Resort: None
Waterfront: No
Parcel ID: 34764-200-100
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
Legal Description: PANAMA CITY BEACH RESORT LOT 10 MARGARITAVILLE COTTAGES PH 3 ORB 4757 P 1905

General Property Info

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

Status Change Info

Under Contract Date: 2025-09-30
Sold Date: 2025-11-05
Sold Price/SqFt: 493.42
Sold Price/Acre: 17500000

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

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.

More Information

Great Room

First: Yes

Appliances

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

Interior Features

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

Construction/Siding

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

Exterior

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

Association Fees Include

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

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Kitchen

First: Yes

Lot Features

Dedicated Beach: Yes

Parking Features

Paver Block: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Shower Only: Yes

Association Amenities

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

Rooms

Bedroom: Yes
Great Room: Yes
Kitchen: Yes
Master Bedroom: Yes

Utilities

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

Master Bedroom

First: Yes

Bedroom

Second: Yes

Cooling

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

Heating

Central: Yes
Electric: Yes
Heat Pump: Yes

Security Features

Smoke Detector(s): Yes

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

Room Name	Level	Dimensions	Length	Width
Great Room	First	16 x 13	16.00	13.00
Kitchen	First	12 x 13	12.00	13.00
Master Bedroom	First	15 x 13	15.00	13.00
Bedroom	Second	13 x 13	13.00	13.00
Bedroom	Second	13 x 10	13.00	10.00
Bedroom	Second	13 x 10	13.00	10.00
Bedroom	Second	10 x 10	10.00	10.00

Listing Office: Compass Florida, LLC

Last Updated: November – 06 – 2025

Information deemed reliable but not guaranteed.