8412 Margarita Place, Panama City Beach, FL 32413

$820,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,170 Lot Size (sq. ft.): 6,534 Status: Sold
Current Price: $825,000 List Date: 7/25/2025 Last Modified: 11/24/2025

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Assumable loan at 2.75% with 521k balance remaining! Welcome to 8412 Margarita Place, a pristine, like new pool home in the 55+ community of Latitude Margaritaville Watersound. This beautifully customized 3-bedroom, 3-bathroom Breeze Bay floor plan offers the perfect blend of luxury, functionality, and relaxed coastal living, all on a quiet cul-de-sac with no drive by traffic. Thoughtfully designed for both everyday comfort and entertaining, the home boasts an open, single-level layout with soaring 9′ ceilings, 8′ interior doors, and luxury finishes throughout. The heart of the home is the expansive quartz kitchen island, comfortably seating six and opening into a light-filled great room with vaulted ceilings, custom fireplace, and a wall of glass sliders that extend your living space to the fully screened lanai. Outside, enjoy your own private retreat featuring a custom pool with a hot tub, an extended tanning ledge, and elegant pavers, all overlooking the tranquil pond beyond. The primary suite is a peaceful haven with recessed ceilings, bay windows with water views, private pool access, and two spacious walk-in closets. The en-suite bathroom features double vanities and a large, tiled walk-in shower. Two generous guest suites each enjoy their own full bathrooms, ideal for visiting family or friends. Additional upgrades include Revwood Mohawk laminate flooring, premium tile selections, upgraded lighting and plumbing fixtures, recessed lighting, ceiling fans, quartz countertops throughout, security system with cameras, premium blinds, and more. This home has been meticulously cared for, lightly lived in, and fully inspected in 2024 with all warranty items addressed. Furniture is negotiable, including Polywood deck furniture, new beds, stylish living pieces, and more. The home also includes a 2-car garage and HOA-maintained landscaping, giving you more time to enjoy the community’s resort-style amenities. Latitude Margaritaville Watersound is an exclusive gated community just 7 miles from the beach and less than 10 minutes from ECP Airport. Residents enjoy access to an on site restaurant, resort pool, pickleball and tennis courts, fitness center with lap pool and spa, music venues, clubs, and a vibrant social calendar. New amenities coming soon include a marina, shopping and dining village, theater, ceramics studio, workshop, and more. Just 3 miles from the new Tallahassee Memorial Healthcare campus and FSU College of Medicine extension. Don’t miss this rare opportunity to own a like new, fully upgraded home with an assumable loan at 2.75% in one of the area’s most exciting communities.

More Information MLS# 776727

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 324.43 HOA Frequency: Monthly HOA Annual Amount: 3893.16 Senior Community: Yes New Buyer Fee: Yes New Buyer Fee Amt: 600 New Buyer Fee Paid: $ Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 380.18 Status: Sold List Date: 2025-07-25 List Price: $825,000 Current Price: $820,000

Location

Sub Area: 0411 – Bay North – West Bay Community/Resort: None Waterfront: Yes Gulf Access: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: Heading North on 79 turn left onto Latitude Blvd, take first left on Lost Shaker Way, follow road to Island Breeze Ave, turn left and then house will be on the left. Area: 04 – Bay County – North Street #: 8412 Street Name: Margarita Street Suffix: Place State: FL Zip Code: 32413 County: Bay Subdivision: Latitude at Watersound Parcel ID: 32503-250-052 Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 3A LOT 26 ORB 4633 P 853

General Property Info

Acreage: 0.15 Design: Beach House Lot Size (SqFt): 6534 Apx SqFt(Htd/Cooled): 2170 Construction Status: Construction Complete SqFt Source: Builders Plans # of Stories in Building: 1 Lot Dimensions: 50×130 New Construction: No Garage Y/N: Yes Garage Spaces: 2 Driveway Spaces: 2 Pool: Yes Pool Type: Private Sub-Type: Detached Single Family Bedrooms: 3 Full Baths: 3 Total Baths: 3 Year Built: 2022

Remarks & Misc

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Assumable loan at 2.75% with 521k balance remaining! Welcome to 8412 Margarita Place, a pristine, like new pool home in the 55+ community of Latitude Margaritaville Watersound. This beautifully customized 3-bedroom, 3-bathroom Breeze Bay floor plan offers the perfect blend of luxury, functionality, and relaxed coastal living, all on a quiet cul-de-sac with no drive by traffic. Thoughtfully designed for both everyday comfort and entertaining, the home boasts an open, single-level layout with soaring 9′ ceilings, 8′ interior doors, and luxury finishes throughout. The heart of the home is the expansive quartz kitchen island, comfortably seating six and opening into a light-filled great room with vaulted ceilings, custom fireplace, and a wall of glass sliders that extend your living space to the fully screened lanai. Outside, enjoy your own private retreat featuring a custom pool with a hot tub, an extended tanning ledge, and elegant pavers, all overlooking the tranquil pond beyond. The primary suite is a peaceful haven with recessed ceilings, bay windows with water views, private pool access, and two spacious walk-in closets. The en-suite bathroom features double vanities and a large, tiled walk-in shower. Two generous guest suites each enjoy their own full bathrooms, ideal for visiting family or friends. Additional upgrades include Revwood Mohawk laminate flooring, premium tile selections, upgraded lighting and plumbing fixtures, recessed lighting, ceiling fans, quartz countertops throughout, security system with cameras, premium blinds, and more. This home has been meticulously cared for, lightly lived in, and fully inspected in 2024 with all warranty items addressed. Furniture is negotiable, including Polywood deck furniture, new beds, stylish living pieces, and more. The home also includes a 2-car garage and HOA-maintained landscaping, giving you more time to enjoy the community’s resort-style amenities. Latitude Margaritaville Watersound is an exclusive gated community just 7 miles from the beach and less than 10 minutes from ECP Airport. Residents enjoy access to an on site restaurant, resort pool, pickleball and tennis courts, fitness center with lap pool and spa, music venues, clubs, and a vibrant social calendar. New amenities coming soon include a marina, shopping and dining village, theater, ceramics studio, workshop, and more. Just 3 miles from the new Tallahassee Memorial Healthcare campus and FSU College of Medicine extension. Don’t miss this rare opportunity to own a like new, fully upgraded home with an assumable loan at 2.75% in one of the area’s most exciting communities.

Status Change Info

Sold Price/SqFt: 377.88 Sold Price/Acre: 5466666.67 Under Contract Date: 2025-08-31 Sold Date: 2025-11-24 Sold Price: $820,000

Pool Features

Heated – Gas: 1 Inground: 1 Pool/Spa Combo: 1 Screened In: 1 Spa/ Hot Tub: 1 Waterfall: 1

Appliances

Cooktop – Electric: 1 Dishwasher: 1 Disposal: 1 Microwave: 1 Oven – Electric: 1 Range – Electric: 1 Refrigerator: 1 Water Heater – Gas: 1 Water Heater – Tankless: 1

Interior Features

Ceiling – Vaulted: 1 Fireplace: 1 Kitchen Island: 1 Lighting – Recessed: 1 Security System: 1 Window – Bay: 1

Construction/Siding

Foundation – Slab on Grade: 1 Wood/Frame: 1 Roof – Dimensional Shg: 1 Roof – Gutters: 1 Roof – Metal: 1 Siding – Hardie Board: 1

Exterior

Balcony: 1 Porch Screened: 1

Association Fees Include

Accounting: 1 Business Center: 1 Community Room: 1 Exercise Room: 1 Fishing: 1 Ground Keeping: 1 Management: 1 Marina: 1 Master Association: 1 Pool: 1 Recreational Faclty: 1 Security: 1 Tennis: 1 Theater: 1 Whirlpool: 1 Irrigation: 1

Financing

Assume w/int: 1 Cash: 1 Conventional: 1 FHA: 1 USDA: 1 VA: 1

Furnished

Negotiable: 1

Interior

Smart Thermostat: 1

Lot Features

Close to Clubhouse: 1 Cul-De-Sac: 1 Waterfront: 1 Within 1/2 Mile to Water: 1

Lot Access

Paved Road: 1

Parking Features

Driveway: 1 Garage Attached: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Shower Only: 1 MBath Walk-In Closet: 1 MBed First Floor: 1 MBed Walk-in Closet: 1

Present Zoning

Resid Single Family: 1

Association Amenities

Business Center: 1 Community Room: 1 Dock: 1 Exercise Room: 1 Fishing: 1 Gated Community: 1 Marina: 1 Picnic Area: 1 Playground: 1 Pool: 1 Security-24 hour: 1 Theater: 1 Whirlpool: 1 Dog Park: 1 Recreation Facilities: 1 Sidewalks: 1 Trail(s): 1

Rooms

Bedroom: 1 Master Bedroom: 1

Utilities

Electricity – Connected: 1 Natural Gas – Connected: 1 Public Sewer – Connected: 1 Public Water – Connected: 1 Underground Utilities: 1

Waterview

Other – See Remarks: 1

Sale Type

As Is: 1

Waterfront Type

Other: 1

Master Bedroom

First: 1

Bedroom

First: 1

Cooling

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

Heating

Central: 1 Electric: 1 Fireplace – Gas: 1 Heat Pump: 1

Security Features

24 Hour Security: 1 Carbon Monoxide Detector: 1 Security Gate: 1 Security System: 1 Security System Owned: 1 Smoke Detector(s): 1

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Microwave; Oven – Electric; Range – Electric; Refrigerator; Water Heater – Gas; Water Heater – Tankless Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric; Heat Pump Heating: Central; Electric; Fireplace – Gas; Heat Pump Exterior: Balcony; Porch Screened Association Fees Include: Accounting; Business Center; Community Room; Fishing; Exercise Room; Irrigation; Ground Keeping; Management; Marina; Master Association; Pool; Recreational Faclty; Security; Whirlpool; Tennis; Theater Financing: Assume w/int; Cash; Conventional; FHA; USDA; VA Furnished: Negotiable Interior: Smart Thermostat Lot Features: Close to Clubhouse; Cul-De-Sac; Waterfront; Within 1/2 Mile to Water Lot Access: Paved Road Pool Features: Heated – Gas; Inground; Pool/Spa Combo; Screened In; Spa/ Hot Tub; Waterfall Security Features: 24 Hour Security; Carbon Monoxide Detector; Security Gate; Security System; Security System Owned; Smoke Detector(s) Parking Features: Driveway; Garage Attached Association Amenities: Business Center; Community Room; Dock; Dog Park; Fishing; Exercise Room; Gated Community; Marina; Picnic Area; Playground; Pool; Recreation Facilities; Security-24 hour; Sidewalks; Whirlpool; Theater; Trail(s) Rooms: Bedroom; Master Bedroom Sale Type: As Is Utilities: Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Public Water – Connected; Underground Utilities Waterfront Type: Other Waterview: Other – See Remarks Present Zoning: Resid Single Family

Room Information

Master Bedroom Level: First Dimensions: 14.4 x 16.2 Length: 14.40 Width: 16.20 Dimensions: 14.4 x 16.2 Remarks: Verify if needed Bedroom Level: First Dimensions: 13.2 x 14.2 Length: 13.20 Width: 14.20 Dimensions: 13.2 x 14.2 Remarks: Verify if needed Bedroom Level: First Dimensions: 11.5 x 15 Length: 11.50 Width: 15.00 Dimensions: 11.5 x 15 Remarks: Verify if needed
Listing Office: Secure Real Estate
Last Updated: November – 24 – 2025
Information deemed reliable but not guaranteed.