8701 Lime Drive, Panama City Beach, FL 32413 (MLS# 786805)

8701 Lime Drive, Panama City Beach, FL 32413

$724,900

Workshop remains with home (excluded tools)

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,549 Lot Size (sq. ft.): 9,148 Status: Active

Current Price: $724,900 List Date: 3/14/2026 Last Modified: 6/06/2026

Overview

Description

Significant price improvement! Must See! 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 expansi … (Read more) Significant price improvement! Must See! 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.

Listing Details MLS# 786805

Contract Info

List Price/SqFt: 284.39

Location

Area: 04 – Bay County – North
Street #: 8701
Street Name: Lime
Street Suffix: Drive
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0411 – Bay North – West Bay
Subdivision: Latitude at Watersound
Community/Resort: None
Waterfront: No
Parcel ID: 32503-350-344
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.
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4172 ORB 4732 P 131

General Property Info

Sub-Type: Detached Single Family
Design: Ranch
Apx SqFt(Htd/Cooled): 2549
SqFt Source: Builders Plans
Full Baths: 3
Half Baths: Yes
Total Baths: 4
# of Stories in Building: Yes
Year Built: 2023
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 3
Lot Dimensions: 70×131
Acreage: 0.21
Lot Size (SqFt): 9148
Pool: No

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

Remarks & Misc

Remarks: Significant price improvement! Must See! 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: Yes

More Information

Dining Room

First: Yes

Family Room

First: Yes

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Oven – Electric: Yes
Range Hood: Yes
Refrigerator: Yes
Water Heater – Gas: Yes
Water Heater – Tankless: Yes
Wine Refrigerator: Yes

Interior Features

Ceiling – Cathedral: Yes
Ceiling – Raised: Yes
Floor – Laminate: Yes
Floor – Tile: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Pantry: Yes
Split Bedroom: Yes
Window – Treatment All: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Wood/Frame: Yes
Roof – Composite Shngl: Yes
Roof – Gutters: Yes
Siding – Hardie Board: Yes

Exterior

Double Pane Windows: Yes
Porch Screened: Yes
Sprinkler System: Yes

Association Fees Include

Accounting: Yes
Exercise Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Management: Yes
Pool: Yes
Recreational Faclty: Yes
Tennis: Yes
Theater: Yes
Whirlpool: Yes
Irrigation: Yes

Furnished

Unfurnished: Yes

Interior

Ceiling – Tray: Yes
Floor – Carpet: Yes
Smart Thermostat: Yes

Living Room

First: Yes

Lot Features

Covenants & Rescrictions: Yes
Curb & Gutter: Yes
Subdivision – Recorded: Yes

Lot Access

Paved Road: Yes

Parking Features

Garage Attached: Yes
Garage Door Opener: Yes

Mstr Bath / Mstr Bdrm

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

Present Zoning

Resid Single Family: Yes

Association Amenities

Basketball Court: Yes
Business Center: Yes
Exercise Room: Yes
Gated Community: Yes
Pool: Yes
Tennis: Yes
Theater: Yes
Waterfront: Yes
Whirlpool: Yes
Dining: Yes
Dog Park: Yes
Pickle Ball: Yes
Recreation Facilities: Yes
Sidewalks: Yes
Trail(s): Yes

Rooms

Bedroom: Yes
Den: Yes
Dining Room: Yes
Family Room: Yes
Living Room: Yes
Master Bedroom: Yes

Showing

ShowingTime: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Natural Gas – Connected: Yes
Internet – Fiber Optic: Yes
Phone – Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes
Underground Utilities: Yes

Sale Type

As Is: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Cooling

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

Heating

Central: Yes
Electric: Yes
Fireplace – Electric: Yes
Heat Pump: Yes

Security Features

Carbon Monoxide Detector: Yes
Smoke Detector(s): Yes

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

Room Name	Level	Dimensions	Length	Width	Remarks
Living Room	First	11.8 x 20.3	11.80	20.30
Dining Room	First	13 x 20.3	13.00	20.30
Family Room	First	16.4 x 16.3	16.40	16.30
Master Bedroom	First	14 x 17.2	14.00	17.20
Den	First	12.6 x 13.3	12.60	13.30
Bedroom	First	12.4 x 11.1	12.40	11.10	bedroom #2
Bedroom	First	11.2 x 12	11.20	12.00	bedroom #3

Listing Office: Coldwell Banker Realty

Last Updated: June – 06 – 2026

Information deemed reliable but not guaranteed.