8937 Gypsy Palace Court, Panama City Beach, FL 32413 (MLS# 788811)

8937 Gypsy Palace Court, Panama City Beach, FL 32413

New Listing

$839,900

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Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,549 Lot Size (sq. ft.): 11,500 Status: Under Contract – Taking Backups

Current Price: $839,900 List Date: 4/23/2026 Last Modified: 4/24/2026

Overview

Description

CURRENTLY UNDER-CONTRACT, SELLER WILL CONSIDER BACK-UP OFFERS. Welcome to one of the MOST sought-after homesites in Latitude Margaritaville Watersound! Located in desirable Phase 7, this exceptional Island Collection Trinidad Bay home is perfectly positioned on a rare, oversized pie-shaped cul-de-sac lot–offering added privacy, space, and premium curb appeal that is hard to find. This beautifully designed home features 3 bedrooms, 3.5 baths, plus a spacious den/office, providing the perfect blend of comfort and flexibility for everyday living and entertaining. Inside, you'll find tile flooring throughout, creating a seamless, low-maintenance coastal aesthetic. The gourmet kitchen is thoughtfully upgraded with a gas range, quartz countertops, soft-close cabinetry, pull-out trash system, and a large walk-in pantry, making it both functional and stylish for the home chef. The open-concept layout flows effortlessly into the main living and dining areas, ideal for hosting guests and … (Read more) CURRENTLY UNDER-CONTRACT, SELLER WILL CONSIDER BACK-UP OFFERS. Welcome to one of the MOST sought-after homesites in Latitude Margaritaville Watersound! Located in desirable Phase 7, this exceptional Island Collection Trinidad Bay home is perfectly positioned on a rare, oversized pie-shaped cul-de-sac lot–offering added privacy, space, and premium curb appeal that is hard to find. This beautifully designed home features 3 bedrooms, 3.5 baths, plus a spacious den/office, providing the perfect blend of comfort and flexibility for everyday living and entertaining. Inside, you’ll find tile flooring throughout, creating a seamless, low-maintenance coastal aesthetic. The gourmet kitchen is thoughtfully upgraded with a gas range, quartz countertops, soft-close cabinetry, pull-out trash system, and a large walk-in pantry, making it both functional and stylish for the home chef. The open-concept layout flows effortlessly into the main living and dining areas, ideal for hosting guests and enjoying the Latitude lifestyle. The primary suite is a true retreat featuring a luxuriously upgraded en-suite bath with a rain shower system, while one of the secondary baths also include upgraded rain shower fixtures, ensuring comfort for family and guests alike. Additional highlights include: 3-car garage with epoxy flooring and upgraded garage door opener, Fully equipped laundry room with abundant cabinetry, counter space, and utility sink Whole-house generator added post-closing for peace of mind. Hurricane impact windows, doors, and garage door. Step outside and enjoy your expansive homesite with an extended screened lanai, perfect for creating your dream outdoor living space, with room for a future pool and plenty of space between neighbors. Living in Latitude Margaritaville Watersound means embracing a resort-style, 55+ active adult lifestyle unlike any other on the Emerald Coast. Residents enjoy world-class amenities including a state-of-the-art fitness center, resort-style pools, pickleball and tennis courts, live entertainment, on-site dining, walking and biking trails, and a vibrant social calendar. Located just minutes from the white sugar sand beaches, and with a new Publix, shopping, dining, and a future marina and hospital nearby, convenience meets coastal living. This is a rare opportunity to own a premium homesite with a highly upgraded home in one of the most desirable communities in Northwest Florida. Schedule your private showing today and start living the Latitude lifestyle!

Listing Details MLS# 788811

Contract Info

List Price/SqFt: 329.5

Location

Area: 04 – Bay County – North
Street #: 8937
Street Name: Gypsy Palace
Street Suffix: Court
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: 32503-700-070
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Hwy 98 to North on Hwy 79, left on West Bay Parkway, follow to 4th gated entrance on the right, right on Escape Ave. to left on Gypsy Palace Ct. to home in cul-de-sac.
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 7 LOT 7035

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: 2025
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 3
Lot Dimensions: 45×131
Acreage: 0.26
Lot Size (SqFt): 11500
Pool: No

Status Change Info

Under Contract Date: 2026-04-24

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: 611
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: CURRENTLY UNDER-CONTRACT, SELLER WILL CONSIDER BACK-UP OFFERS. Welcome to one of the MOST sought-after homesites in Latitude Margaritaville Watersound! Located in desirable Phase 7, this exceptional Island Collection Trinidad Bay home is perfectly positioned on a rare, oversized pie-shaped cul-de-sac lot–offering added privacy, space, and premium curb appeal that is hard to find. This beautifully designed home features 3 bedrooms, 3.5 baths, plus a spacious den/office, providing the perfect blend of comfort and flexibility for everyday living and entertaining. Inside, you'll find tile flooring throughout, creating a seamless, low-maintenance coastal aesthetic. The gourmet kitchen is thoughtfully upgraded with a gas range, quartz countertops, soft-close cabinetry, pull-out trash system, and a large walk-in pantry, making it both functional and stylish for the home chef. The open-concept layout flows effortlessly into the main living and dining areas, ideal for hosting guests and enjoying the Latitude lifestyle. The primary suite is a true retreat featuring a luxuriously upgraded en-suite bath with a rain shower system, while one of the secondary baths also include upgraded rain shower fixtures, ensuring comfort for family and guests alike. Additional highlights include: 3-car garage with epoxy flooring and upgraded garage door opener, Fully equipped laundry room with abundant cabinetry, counter space, and utility sink Whole-house generator added post-closing for peace of mind. Hurricane impact windows, doors, and garage door. Step outside and enjoy your expansive homesite with an extended screened lanai, perfect for creating your dream outdoor living space, with room for a future pool and plenty of space between neighbors. Living in Latitude Margaritaville Watersound means embracing a resort-style, 55+ active adult lifestyle unlike any other on the Emerald Coast. Residents enjoy world-class amenities including a state-of-the-art fitness center, resort-style pools, pickleball and tennis courts, live entertainment, on-site dining, walking and biking trails, and a vibrant social calendar. Located just minutes from the white sugar sand beaches, and with a new Publix, shopping, dining, and a future marina and hospital nearby, convenience meets coastal living. This is a rare opportunity to own a premium homesite with a highly upgraded home in one of the most desirable communities in Northwest Florida. Schedule your private showing today and start living the Latitude lifestyle!

More Information

Den

First: Yes

Dining Room

First: Yes

Family Room

First: Yes

Garage

First: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range – Gas: Yes
Refrigerator: Yes
Water Heater – Gas: Yes
Water Heater – Tankless: Yes

Interior Features

Ceiling – Cathedral: Yes
Ceiling – Coffered: Yes
Ceiling – Raised: 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
Steel/Frame: Yes
Wood/Frame: Yes
Roof – Composite Shngl: Yes
Roof – Gutters: Yes
Siding – Hardie Board: Yes

Exterior

Double Pane Windows: Yes
Patio Covered: Yes
Porch Screened: Yes
Sprinkler System: Yes
Storm Doors: Yes
Storm Windows: Yes

Association Fees Include

Accounting: Yes
Business Center: 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
Smart Thermostat: Yes

Living Room

First: Yes

Lot Features

Covenants & Rescrictions: Yes
Cul-De-Sac: Yes
Curb & Gutter: Yes
Landscaped: Yes
Subdivision – Recorded: Yes
Survey Available: Yes

Lot Access

Gated Access: Yes
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
Garage: Yes
Living Room: Yes
Master Bedroom: Yes

Showing

ShowingTime: Yes

Utilities

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

Accessibility Features

Grip-Accessible Features: 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
Forced Air: Yes
Heat Pump: Yes

Security Features

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

Property Features

Accessibility Features: Grip-Accessible Features Appliances: Dishwasher; Disposal; Dryer; Microwave; Range – Gas; Refrigerator; Water Heater – Gas; Water Heater – Tankless Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric; Heat Pump Heating: Central; Electric; Forced Air; Heat Pump Exterior: Double Pane Windows; Patio Covered; Porch Screened; Sprinkler System; Storm Doors; Storm Windows Association Fees Include: Accounting; Business Center; Exercise Room; Gated Community; Irrigation; Ground Keeping; Management; Pool; Recreational Faclty; Whirlpool; Tennis; Theater Furnished: Unfurnished Interior: Ceiling – Tray; Smart Thermostat Living Room: First Lot Features: Covenants & Rescrictions; Cul-De-Sac; Curb & Gutter; Landscaped; Subdivision – Recorded; Survey Available Lot Access: Gated Access; Paved Road Den: First Dining Room: First Family Room: First Garage: First Security Features: Carbon Monoxide Detector; Gated Community; 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; Garage; Living Room; Master Bedroom Sale Type: As Is Showing: ShowingTime Utilities: Cable – Available; Electricity – Connected; Garbage; Internet – Broadband Available; 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	Being used a large Great Rm
Family Room	First	16.4 x 16.3	16.40	16.30	Being used as Dining Room
Master Bedroom	First	14 x 17.2	14.00	17.20
Bedroom	First	12.4 x 11.1	12.40	11.10
Bedroom	First	11.2 x 12	11.20	12.00
Den	First	12.6 x 13.3	12.60	13.30	Den/Office
Garage	First	28.4 x 21	28.40	21.00	See Floor Plan for 3 car garage

Listing Office: Coldwell Banker Realty

Last Updated: April – 24 – 2026

Information deemed reliable but not guaranteed.