Watersound is one of Panama City Beach's largest master-planned communities, drawing people who want an active, social lifestyle. It sits between the Intracoastal Waterway, West Bay and several coastal dune lakes, so it's easy to spend the day boating and fishing. Neighbors often get together for a round of golf or a tennis match, and after a day outside, you can hop in your golf cart and head to Watersound Town Center for a drink or a bite to eat. Between all that and the community’s annual events, there’s always something going on. And with more housing and shopping centers still being built, Watersound is only going to keep growing.
Subdivisions in Watersound
Watersound is made up of several subdivisions, each with something a little different. The main ones include:
Watersound Camp Creek, which has contemporary homes next to the private 18-hole Camp Creek Golf Club
Watersound Origins, where coastal cottages surround the public 10-hole Origins Golf Club
RiverCamps on Crooked Creek, a gated community on West Bay with a boat ramp, docks and camping areas
Ward Creek, which includes townhouses and single-family homes right off state Route 79
Latitude Margaritaville, a 55+ community with its own town square and concert venue
You’ll also see vacation rentals, hotels and apartment complexes scattered throughout the community.
How much homes cost
The median sale price in Watersound is around $515,000, which is about the same as Panama City Beach’s median. Townhouses can start in the upper $200,000s and reach the lower $300,000s. Single-family homes usually range from the mid-$300,000s to the lower $2 millions, based on the home’s size and if it’s on the water. Some homes are in high-risk flood zones, where homeowners are required to have flood insurance.
What to know about HOA fees and other community amenities
HOA fees vary depending on the subdivision, along with the style and size of your home. These dues go toward maintaining shared amenities that you’ll find in each subdivision, including swimming pools, sports facilities and fitness centers. They also help with the upkeep of the trail network, which passes through slash pine forests and eventually connects with the Timpoochee Trail and the Panama City Beach Conservation Park. Watersound Club is another community recreation spot, with a separate membership fee that gets you access to a private beach and the community’s golf courses. Storing a boat at one of the local marinas also comes with additional costs, and for public beach access, you can head a few miles south to places like Inlet Beach and Laguna Beach.
Where kids go to school
Watersound is zoned for Bay District Schools. Kids can attend West Bay Elementary School, Surfside Middle School and J.R. Arnold High School, which offers Career and Technical Education pathways in fields like construction and culinary arts. Several private options are also nearby, including St. Bernadette Catholic School in Upper Grand Lagoon.
Grocery stores, steakhouses and bars at Watersound Town Center
Watersound Town Center is home to Publix, several medical offices and a handful of restaurants. Familiar spots like Starbucks and Jersey Mike’s sit alongside locally owned options like Ambrosia, which serves seafood and steak. There’s also Scout, a sports bar with craft cocktails, ping-pong tables and bocce ball courts. More restaurants and retailers are on the way as Watersound West Bay Center continues to develop. Until then, Pier Park, Panama City Beach’s unofficial downtown district, is about 12 miles away.
Community events range from a concert series to a Christmas festival
From beach bonfires to 5Ks, Watersound’s calendar stays pretty full. Some of the most popular annual events include:
Sounds Like Summer, a live music series held at the town center’s pavilion between June and August
Watersound Block Party, which includes face painters, balloon artists and lawn games at the town center
PorchFest, when musicians perform on front porches and lawns around the Origins community
Winter Wonder Watersound, which gives kids a chance to meet Santa and mail letters to the North Pole
Getting around via U.S. Route 98
U.S. Route 98 connects Watersound with other beachfront towns like Destin, about 30 miles west, and major employers like Tyndall Air Force Base, roughly 35 miles east. It’s also the main route to Northwest Florida Beaches International Airport, around 20 miles away. Keep in mind that heavy traffic regularly impacts the highway, especially during the summer.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Watersound neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Watersound
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
2
4
Robbery
3
4
Burglary
3
4
Motor Vehicle Theft
3
4
Larceny
1
4
Crime Score
1
4
Source: WhatIsMyCrimeRisk.com
Watersound Demographics and Home Trends
On average, homes in Watersound, Panama City Beach sell after 62 days on the market compared to the national average of 55 days. The median sale price for homes in Watersound, Panama City Beach over the last 12 months is $515,000, up 2% from the median home sale price over the previous 12 months.
Tastefully furnished, upgraded Coastal Dreamsicle Cottage with Intracoastal Views & Flex Room!Welcome home to this stylish, street-facing Dreamsicle model, elegantly upgraded and located in the highly desirable 55+ Latitude Margaritaville Watersound community. Offering the ultimate ''vacation every day'' lifestyle, this beautiful Florida cottage shines with vaulted and 9-foot ceilings, custom
Welcome to 1518 Dune Lake Trail, a stunning custom residence in the prestigious gated community of Wild Heron. Thoughtfully designed with exceptional craftsmanship and upscale finishes throughout, this luxury home offers the perfect blend of elegance, comfort, and coastal sophistication.From the moment you arrive, the beautifully landscaped grounds, paver driveway, and expansive front
MOTIVATED SELLER + $10,000 BUYER CONCESSION! Use it toward an interest rate buy-down, closing costs, prepaid items, or escrow expenses.Tucked inside the private, nature-filled RiverCamps community, 6608 Button Buck Trail offers something buyers don't find every day: a 2025-built home on over an acre, surrounded by preserved woodlands, with boating access, trails, and resort-style
Welcome a beautiful Breeze floor plan in Latitude Margaritaville Watersound, perfectly positioned on the pond with peaceful water views. Located in highly desirable Phase 2, one of the closest phases to the amazing Town Square, this 2-bedroom, 2.5-bath home offers a bright, easy-living layout with the ideal blend of fresh updates to make it your own.Recently refreshed with interior paint,
Welcome to your tropical escape in the heart of Latitude Margaritaville Watersound, just a short drive from Panama City Beach and the world's most beautiful sugar-white sand beaches. This fully furnished Camellia cottage located on one of only eight premier lots that offers unmatched privacy, with no neighbors across from you--just open, green space that makes it feel like your own expansive
Welcome to 8943 Parrot Place, a beautifully upgraded Mango Cottage in the highly sought-after Phase 6BC of Latitude Margaritaville Watersound -- a favorite among relocation buyers for its social energy, walkability, and unbeatable proximity to community amenities. This ''large cottage'' includes a den and sits on a premium street-facing lot, offering a welcoming presence rarely available in this
Welcome to easy coastal living in Latitude Margaritaville Watersound! This popular PARROT floorplan in PHASE 5 is all about location, lifestyle, and value. Perfectly positioned on a desirable pond view lot, you'll enjoy peaceful water views and a relaxing setting right from your backyard. Inside, the home features a bright, clean interior with tile flooring throughout, a neutral palette, and a
Welcome to Latitude Margaritaville Watersound, where resort-style 55+ living meets coastal comfort at 8386 Jollymon Way. This move-in-ready Camelia floor plan offers the easy, low-maintenance lifestyle buyers want, without the wait for new construction.From the inviting covered front porch to the bright, open interior, this beach cottage is designed for relaxed everyday living. The
Gorgeous and one-of-a-kind SEASHELL floorplan in PHASE 5 with $250,000 in Upgrades! Welcome to easygoing coastal living in Latitude Margaritaville Watersound! Located in desirable Phase 5, this beautifully appointed 3-bedroom +den, 2,114-square-foot home offers the perfect blend of resort-style relaxation, exquisite design, and exceptional livability. From the moment you arrive, the private
Discover tranquility in Rivercamps, a coveted gated community offering an unparalleled coastal lifestyle. This vacant lot awaits your vision, nestled within a haven of natural beauty and waterways. Enjoy exclusive access to West Bay and Crooked Creek, along with amenities like a boat ramp, community pool, a waterside campsite with tents, a bathhouse, a fire pit, and more than seven miles of
Discover the essence of ''5 o'clock somewhere'' in this charming Dreamsicle Cottage, perfectly situated in the serene Dreams Float community with prime access to the coveted Phase 5 tunnel. Skip the long wait for new construction and step into your coastal dream home today in one of the community's most sought-after cottage models!Inside, a bright and open layout welcomes you, designed
New construction by Fischer Homes in the beautiful Salt Grass at Ward Creek community, featuring the stunning Ivy design. This unique plan offers 4 bedrooms, 2 full baths, and 1 half bath. The expansive family room is the perfect gathering space. Spacious open kitchen with a large island and walk-in pantry connects to the morning room, that walks out to the patio. The owner's suite is on its own
Located in the Salt Grass community in Panama City Beach, Florida, this move-in ready Julia floorplan offers a thoughtfully designed single-story layout with expanded indoor-outdoor living and designer-selected finishes throughout. The home includes 3 bedrooms, 2 baths, and an extended 2-car garage configuration designed for added storage and flexibility.The open-concept main living area
A kitchen-front layout highlights this open-concept floorplan. Windows flowing from the Kitchen to the Great Room fill the Erika with natural light. Owner's Suite highlights include a location tucked off the Great Room, separate dual vanities, and option to extend the rear of the home by four feet, increasing both the Owner s Suite and Lanai. Three distinct exterior choices provide plenty of
Welcome to this move-in ready Lila floorplan in Salt Grass at Ward Creek, where coastal-inspired design, generous living spaces, and thoughtfully selected finishes come together in one of Panama City Beach s most desirable locations. Offering 3 bedrooms, 3 baths, a 3-car courtyard garage, and an extended owner s suite, this home is designed to deliver both everyday comfort and effortless
Live the coveted 55+ community of Latitude Margaritaville Watersound right now! This UNFURNISHED home available for long term, start date 10/15/26. Relax on the lanai with pond view. It just doesn't get any better! Close to all the amenities! This Trinidad Bay, Island Collection features 3 bedrooms, 3.5 baths, den, and a 3 car garage. Unfurnished, appliances included (refrigerator, range,
Property Id: 2228872 This beautifully designed fully furnished Antigua Model in Latitude Margaritaville Watersound, a premier 55+ community near Panama City Beach and the scenic 30A corridor, features 2 bedrooms, 2 baths, a versatile den (perfect for a home office or optional 3rd bedroom), and a 2-car garage with 1,565 sq. ft. of living space. Enjoy high-end finishes including 9' ceilings,
Live the coveted 55+ community of Latitude Margaritaville Watersound right now! Home available DECEMBER 2026 for over 6 months. Relax on the covered porch with a pond and preserve view. It just doesn't get any better! Close to all the amenities! This newer Aruba single family features 2 bedrooms, 2.5 baths, den (with 2 twin beds), fireplace and a 3 car garage. FURNISHED, move in ready and all
Property Id: 2829481 This beautifully designed Camellia Model in Latitude Margaritaville Watersound, a premier 55+ community near Panama City Beach and the scenic 30A corridor, features 2 bedrooms, 2 baths, a versatile den/dining space, and a 2-car garage with 1,308 sq. ft. of living space. Enjoy high-end finishes including 9' ceilings, vaulted ceilings in the living area, white quartz
Live the coveted 55+ community of Latitude Margaritaville Watersound right now! Home available OCTOBER 20, 2026 for over 6 month - 12 month lease. It just doesn't get any better! Just bring your suitcase. This Furnished, move in ready Lucia Villa located in the newer Phase 9 features 3 bedrooms, 2 baths, and a 2 car garage. Appliances included (refrigerator, range, dishwasher, microwave, washer
The advertised rate of $4,334/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 8, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
Property Id: 2708435 GOLF CART INCLUDED! Welcome to your dream home in Panama City Beach! This stunning single-family property boasts 2 bedrooms, 2 bathrooms, and a range of modern amenities including a dishwasher, washer/dryer in unit, screened-in extended lanai. Enjoy the luxury of a vaulted ceiling, open floor plan, town center amphitheater with live music, bar & chill restaurant, resort
Property Id: 2829682 This beautifully designed, fully furnished, fully stocked kitchen, Camellia Model in Latitude Margaritaville Watersound, features 2 bedrooms, 2 baths, a versatile den/dining space, and a 2-car garage with 1,308 sq. ft. of living space. Enjoy high-end finishes including 9' ceilings, vaulted ceilings in the living area, e-fireplace, granite countertops, stackable
Welcome to 186 Ellery Lane--a bright, modern 3-bedroom, 2.5-bath townhome offering 1,470 square feet of comfortable living space in Panama City Beach's Bayside at Ward Creek community.The open main level features a spacious living and dining area and a well-appointed kitchen with white cabinetry, granite countertops, stainless steel appliances, and a large island with seating. Durable LVP
Cara GriffithAll County Diamond Property Management
$3,000 per month
This gorgeous new construction home in Ward Creek overlooks a protected nature preserve.
Welcome to this spacious single-family home located in Ward Creek, a brand-new subdivision offering approximately 2,232 sq. ft. of comfortable, functional living space. Featuring 5 bedrooms and 3 full bathrooms, this versatile floor plan provides ample room for everyday living, guest accommodations, or a dedicated home office.At the heart of the home, the open-concept layout centers
Welcome to 457 Wolcott Way--a beautifully maintained, move-in-ready home designed for comfortable Florida living. Featuring luxury vinyl plank (LVP) flooring throughout, a spacious open floor plan, modern finishes, a covered patio, and access to a resort-style community pool, this home offers plenty to enjoy both inside and out. The modern kitchen features a large island, stainless steel
Located in Margaritaville water sound a 55+ adult community this turn key bring your personal belongings cottage is on a larger lot in this fabulous community. The amenity center paradise pool has live music every day and the amphitheater has live music on weekends and there is also a Door pool and hot tub along with the exercise rooms and working play inside theater that is currently being
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