8701 Lime Drive, Panama City Beach, FL 32413
New Listing
$795,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
2,549
Lot Size (sq. ft.):
9,148
Status:
Active
Current Price:
$795,000
List Date:
3/14/2026
Last Modified:
3/18/2026
Description
Welcome to this exceptional Trinidad Bay home in sought-after Phase 4 of Latitude Margaritaville Watersound, ideally situated on a beautiful private preserve lot along a quiet street comprised exclusively of Island Collection homes. This stunning residence offers thoughtfully designed spaces, extensive post-closing upgrades, and effortless indoor-outdoor living.
Step inside through a soaring two-story foyer highlighted by a custom coastal-inspired feature wall that sets the tone for the elegant finishes found throughout the home.
The heart of the home is the gourmet kitchen, designed for both everyday living and entertaining, featuring upgraded cabinetry, quartz countertops, custom tile backsplash, designer range hood, wall oven and microwave, and an oversized island perfect for gatherings.
The open concept layout flows seamlessly into a spacious dining room with a striking electric fireplace and custom accent wall, while the expansive living room boasts soaring cathedral ceilings and a dramatic wall of sliding glass doors that connect the interior to the outdoor living space.
A private den/office offers additional versatility and features a custom built-in bar with cabinetry and wine cooler, perfect for entertaining guests.
The luxurious primary suite offers a relaxing retreat with a spa-inspired bath and custom closets, while two additional guest bedrooms each feature their own en-suite baths, providing comfort and privacy for visitors.
The custom-designed laundry room is truly exceptional, featuring abundant cabinetry, a laundry sink, a built-in butler’s pantry, and an additional refrigerator.
Enjoy Florida living on the extended screened lanai overlooking the peaceful preserve, the perfect setting for sunset views and evening cocktails. Outdoor furniture may convey with an acceptable offer.
Additional highlights include:
• 3-car garage with high-quality workshop
• RevWood by Mohawk laminate flooring throughout main living areas
• Casablanca ceiling fans and designer lighting throughout
• Electronic remote shades
• Custom feature walls in foyer and dining room
• Higher-level and custom cabinetry throughout the home
Many of these impressive upgrades were completed after closing, creating a home that feels truly one-of-a-kind. The property is priced below recent appraised value, presenting an incredible opportunity.
Located in the award-winning Latitude Margaritaville Watersound, residents enjoy world-class amenities including a private restaurant and bar, resort-style Paradise Pool, state-of-the-art Latitude Town Center, fitness center, pickleball and tennis courts, Barkaritaville Dog Park, live entertainment at the Bandshell, theater, wood-working shop, ceramics studio, walking and biking trails, and a full calendar of concerts, events, and social clubs.
Exciting growth continues nearby with a new hospital under construction and future commercial development including a Publix grocery store and additional shopping and dining options.
And best of all, the white sugar-sand beaches of the Gulf are just 7 miles away.
Experience the best of coastal resort living in Latitude Margaritaville Watersound, where every day feels like a vacation.
More Information MLS# 786805
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 352.89
HOA Frequency: Monthly
HOA Annual Amount: 4234.68
Senior Community: Yes
New Buyer Fee: Yes
New Buyer Fee Amt: 600
New Buyer Fee Paid: $
Last Taxes: 7311
Last Tax Year: 2025
Brokerage Interest: Owner Outside Licensee – Owner is a licensed real estate broker or salesperson.
As Is: Yes
Contract Info
List Price/SqFt: 311.89
Status: Active
List Date: 2026-03-13
List Price: $795,000
Current Price: $795,000
Location
Sub Area: 0411 – Bay North – West Bay
Community/Resort: None
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Hwy 98 to North on Hwy 79 to left on West Bay Parkway, follow to 2nd gated entrance on the left (Coral Reef Way) to left on Cheeseburger Dr. to right on Lime Dr. to home on the left.
Area: 04 – Bay County – North
Street #: 8701
Street Name: Lime
Street Suffix: Drive
State: FL
Zip Code: 32413
County: Bay
Subdivision: Latitude at Watersound
Parcel ID: 32503-350-344
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4172 ORB 4732 P 131
General Property Info
Acreage: 0.21
Design: Ranch
Lot Size (SqFt): 9148
Apx SqFt(Htd/Cooled): 2549
Construction Status: Construction Complete
SqFt Source: Builders Plans
Half Baths: 1
# of Stories in Building: 1
Lot Dimensions: 70×131
New Construction: No
Garage Y/N: Yes
Garage Spaces: 3
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 3
Full Baths: 3
Total Baths: 4
Year Built: 2023
Remarks & Misc
Remarks: Welcome to this exceptional Trinidad Bay home in sought-after Phase 4 of Latitude Margaritaville Watersound, ideally situated on a beautiful private preserve lot along a quiet street comprised exclusively of Island Collection homes. This stunning residence offers thoughtfully designed spaces, extensive post-closing upgrades, and effortless indoor-outdoor living.
Step inside through a soaring two-story foyer highlighted by a custom coastal-inspired feature wall that sets the tone for the elegant finishes found throughout the home.
The heart of the home is the gourmet kitchen, designed for both everyday living and entertaining, featuring upgraded cabinetry, quartz countertops, custom tile backsplash, designer range hood, wall oven and microwave, and an oversized island perfect for gatherings.
The open concept layout flows seamlessly into a spacious dining room with a striking electric fireplace and custom accent wall, while the expansive living room boasts soaring cathedral ceilings and a dramatic wall of sliding glass doors that connect the interior to the outdoor living space.
A private den/office offers additional versatility and features a custom built-in bar with cabinetry and wine cooler, perfect for entertaining guests.
The luxurious primary suite offers a relaxing retreat with a spa-inspired bath and custom closets, while two additional guest bedrooms each feature their own en-suite baths, providing comfort and privacy for visitors.
The custom-designed laundry room is truly exceptional, featuring abundant cabinetry, a laundry sink, a built-in butler’s pantry, and an additional refrigerator.
Enjoy Florida living on the extended screened lanai overlooking the peaceful preserve, the perfect setting for sunset views and evening cocktails. Outdoor furniture may convey with an acceptable offer.
Additional highlights include:
• 3-car garage with high-quality workshop
• RevWood by Mohawk laminate flooring throughout main living areas
• Casablanca ceiling fans and designer lighting throughout
• Electronic remote shades
• Custom feature walls in foyer and dining room
• Higher-level and custom cabinetry throughout the home
Many of these impressive upgrades were completed after closing, creating a home that feels truly one-of-a-kind. The property is priced below recent appraised value, presenting an incredible opportunity.
Located in the award-winning Latitude Margaritaville Watersound, residents enjoy world-class amenities including a private restaurant and bar, resort-style Paradise Pool, state-of-the-art Latitude Town Center, fitness center, pickleball and tennis courts, Barkaritaville Dog Park, live entertainment at the Bandshell, theater, wood-working shop, ceramics studio, walking and biking trails, and a full calendar of concerts, events, and social clubs.
Exciting growth continues nearby with a new hospital under construction and future commercial development including a Publix grocery store and additional shopping and dining options.
And best of all, the white sugar-sand beaches of the Gulf are just 7 miles away.
Experience the best of coastal resort living in Latitude Margaritaville Watersound, where every day feels like a vacation.
Den
First: 1
Dining Room
First: 1
Family Room
First: 1
Appliances
Cooktop – Electric: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven – Electric: 1
Range Hood: 1
Refrigerator: 1
Water Heater – Gas: 1
Water Heater – Tankless: 1
Wine Refrigerator: 1
Interior Features
Ceiling – Cathedral: 1
Ceiling – Raised: 1
Floor – Laminate: 1
Floor – Tile: 1
Kitchen Island: 1
Lighting – Recessed: 1
Pantry: 1
Split Bedroom: 1
Window – Treatment All: 1
Construction/Siding
Foundation – Slab on Grade: 1
Wood/Frame: 1
Roof – Composite Shngl: 1
Roof – Gutters: 1
Siding – Hardie Board: 1
Exterior
Double Pane Windows: 1
Porch Screened: 1
Sprinkler System: 1
Association Fees Include
Accounting: 1
Exercise Room: 1
Gated Community: 1
Ground Keeping: 1
Management: 1
Pool: 1
Recreational Faclty: 1
Tennis: 1
Theater: 1
Whirlpool: 1
Irrigation: 1
Furnished
Unfurnished: 1
Interior
Ceiling – Tray: 1
Floor – Carpet: 1
Smart Thermostat: 1
Living Room
First: 1
Lot Features
Covenants & Rescrictions: 1
Curb & Gutter: 1
Subdivision – Recorded: 1
Lot Access
Paved Road: 1
Parking Features
Garage Attached: 1
Garage Door Opener: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Shower Only: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
Present Zoning
Resid Single Family: 1
Association Amenities
Basketball Court: 1
Business Center: 1
Exercise Room: 1
Gated Community: 1
Pool: 1
Tennis: 1
Theater: 1
Waterfront: 1
Whirlpool: 1
Dining: 1
Dog Park: 1
Pickle Ball: 1
Recreation Facilities: 1
Sidewalks: 1
Trail(s): 1
Rooms
Bedroom: 1
Den: 1
Dining Room: 1
Family Room: 1
Living Room: 1
Master Bedroom: 1
Showing
ShowingTime: 1
Utilities
TV Cable: 1
Electricity – Connected: 1
Garbage: 1
Natural Gas – Connected: 1
Internet – Fiber Optic: 1
Phone – Available: 1
Public Sewer – Connected: 1
Public Water – Connected: 1
Underground Utilities: 1
Sale Type
As Is: 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 – Electric: 1
Heat Pump: 1
Security Features
Carbon Monoxide Detector: 1
Smoke Detector(s): 1
Property Features
Appliances: Cooktop – Electric; Dishwasher; Disposal; Microwave; Oven – Electric; Range Hood; Refrigerator; Water Heater – Gas; Water Heater – Tankless; Wine Refrigerator
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric; Heat Pump
Heating: Central; Electric; Fireplace – Electric; Heat Pump
Exterior: Double Pane Windows; Porch Screened; Sprinkler System
Association Fees Include: Accounting; Exercise Room; Gated Community; Irrigation; Ground Keeping; Management; Pool; Recreational Faclty; Whirlpool; Tennis; Theater
Furnished: Unfurnished
Interior: Ceiling – Tray; Floor – Carpet; Smart Thermostat
Living Room: First
Lot Features: Covenants & Rescrictions; Curb & Gutter; Subdivision – Recorded
Lot Access: Paved Road
Den: First
Dining Room: First
Family Room: First
Security Features: Carbon Monoxide Detector; Smoke Detector(s)
Parking Features: Garage Attached; Garage Door Opener
Association Amenities: Basketball Court; Business Center; Dining; Dog Park; Exercise Room; Gated Community; Pickle Ball; Pool; Recreation Facilities; Sidewalks; Whirlpool; Tennis; Theater; Trail(s); Waterfront
Rooms: Bedroom; Den; Dining Room; Family Room; Living Room; Master Bedroom
Sale Type: As Is
Showing: ShowingTime
Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Fiber Optic; Natural Gas – Connected; Phone – Available; Public Sewer – Connected; Public Water – Connected; Underground Utilities
Present Zoning: Resid Single Family
Room Information
Living Room
Level: First
Dimensions: 11.8 x 20.3
Length: 11.80
Width: 20.30
Dimensions: 11.8 x 20.3
Dining Room
Level: First
Dimensions: 13 x 20.3
Length: 13.00
Width: 20.30
Dimensions: 13 x 20.3
Family Room
Level: First
Dimensions: 16.4 x 16.3
Length: 16.40
Width: 16.30
Dimensions: 16.4 x 16.3
Master Bedroom
Level: First
Dimensions: 14 x 17.2
Length: 14.00
Width: 17.20
Dimensions: 14 x 17.2
Den
Level: First
Dimensions: 12.6 x 13.3
Length: 12.60
Width: 13.30
Dimensions: 12.6 x 13.3
Bedroom
Level: First
Dimensions: 12.4 x 11.1
Length: 12.40
Width: 11.10
Dimensions: 12.4 x 11.1
Remarks: bedroom #2
Bedroom
Level: First
Dimensions: 11.2 x 12
Length: 11.20
Width: 12.00
Dimensions: 11.2 x 12
Remarks: bedroom #3
Listing Office:
Coldwell Banker Realty
Last Updated: March – 18 – 2026
Information deemed reliable but not guaranteed.