NOT LISTED FOR SALE

110 Paradise Found Cir Panama City Beach, FL 32413

Estimated Value: $1,249,000 - $1,393,000

4 Beds
4.5 Baths
2,347 Sq Ft
$557/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $1,520,000 $648 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $8,932/month

24 Days on Market

Highlights

  • Beach
  • Golf Course Community
  • Gulf View
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Newly Painted Property

About This Home

As of April 2024

Are you ready to enjoy paradise? This brand new home is located in the hottest development in all of North Florida - Margaritaville Beach Cottage Resort! The home features 5 bedrooms and 4.5 baths on two floors of living space. This beautiful coastal Caribbean home is centrally located within the resort with lush landscaping and just steps from the resort amenities. The moment you walk through the front door you will feel like you are in paradise. The well-appointed home has a upscale, soft, coastal vibe accented by pops of fun color and art that let you know you are in Margaritaville. The open concept first floor has a chef's kitchen with huge island, quartz countertops, soft close maple cabinets, and stainless Frigidaire appliances including a six-burner gas cooktop. The first floor also features one of two primary bedrooms with a king size bed and ensuite bath. Upstairs you'll find the second primary bedroom with a king size bed and ensuite bath, a queen bedroom with an ensuite bath and two additional queen bedrooms with a large, shared bath. The first floor patio features a dining table and the second level balcony features generous seating and partial gulf views. There is room for three vehicles to park on the paver driveway. This floorplan is perfect for families to enjoy. Margaritaville Beach Cottage Resort offers owners and their guests a true resort with fantastic amenities and services. It will be hard to decide what to do first - float along the 425 foot long lazy river, try out the water slides, relax in the huge oasis pool, or enjoy a cheeseburger and margarita at the poolside bar and grill. And let's not forget you can also enjoy 580 feet of dedicated beachfront offering a full suite of beach services, sparkling emerald green waters and soft sandy beaches! In 2025 you will also be able to enjoy the full service restaurant, fitness center, arcade and more! Margaritaville Beach Cottage Resort is a short-term rental community with every amenity a guest would love to enjoy while on vacation. HOA total in the listing includes the HOA which is $1775.00/qtr for HOA and $450/qtr for Club dues. A one-time capital contribution of $1,220 is due at closing and a Club Membership deposit of $5000 is required, but the buyer will get back 80% down the road when they sell and close.

Last Agent to Sell the Property

Jason Stephens

The Premier Property Group Wat License #3180688 Listed on: 03/07/2024

Last Buyer's Agent

Jo Ellen Grau

The Premier Property Group License #SL3275423

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 2023

Lot Details

  • 2,652 Sq Ft Lot
  • Lot Dimensions are 32 x 76
  • Landscaped

HOA Fees

  • $742 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Slab Foundation
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,347 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Storage
  • Gulf Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Covered Spaces
  • Driveway

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Phone Available

Community Details

Overview

  • Association fees include cable TV, insurance, internet, legal/accounting, ground maintenance, phone, pool(s), recreation facilities, sewer, security, trash
  • Margaritaville Cottages Subdivision

Amenities

  • Game Room

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,581

Year Built

Built in 2023

Lot Details

0

HOA Fees

$742 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Detached
  • Lot Size Acres: 0.06
  • Lot Size: 32 x 76
  • Road Surface Type: Paved
  • Subdivision Name: Margaritaville Cottages
  • Efficiency: Appliances
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Interior Amenities: High Ceilings, In-Law Floorplan, Kitchen Island, New Paint, Recessed Lighting, Storage
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2347.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • Fencing: Privacy
  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Balcony, Outdoor Living Area, Outdoor Shower, Storm/Security Shutters
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Covered, Patio, Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Driveway
  • Garage: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Phone Available
  • Security Features: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Heating: Central, ENERGY STAR Qualified Equipment
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2225.0
  • Community Features: Beach, Fitness Center, Golf, Game Room, Other, Pool, Shopping, See Remarks, Short Term Rental Allowed, Sidewalks, Tennis Court(s), Waterfront
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Other, Phone, Pool(s), Recreation Facilities, Sewer, See Remarks, Security, Trash

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 2652.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 1581.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 16, 2024
Sold by
Warren Props Inc
Bought by
Clayton Re Llc
Seller's Agent
Jason Stephens
The Premier Property Group Wat
Buyer's Agent
Jo Ellen Grau
The Premier Property Group
List Price
$1,599,000
Sold Price
$1,520,000
Premium/Discount to List
-$79,000
-4.94%
Views
36
Current Estimated Value
$1,308,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$211,750
Avg. Annual Appreciation
-9.34%

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 11, 2023
Sold by
Pcb Marg Development Llc
Bought by
Warren Props Inc
Seller's Agent
Karen Jones
The Premier Property Group Seacrest Office
Buyer's Agent
The Stephens Group
The Premier Property Group Watercolor Office
List Price
$988,000
Sold Price
$1,010,000
Premium/Discount to List
$22,000
2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.42%
Original Mortgage
$988,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clayton Re Llc $1,520,000 Provident Title
Clayton Re Llc $1,520,000 Provident Title
Warren Props Inc $988,000 Provident Title
Warren Props Inc $988,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warren Props Inc $988,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2024 04/16/24 Sold $1,520,000 -4.9% $648 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,599,000 +58.3% $681 / Sq Ft
08/11/2023 08/11/23 Sold $1,010,000 0.0% $442 / Sq Ft View Prior Sale
08/11/2023 08/11/23 Sold $1,010,000 +2.2% $442 / Sq Ft View Prior Sale
07/27/2023 07/27/23 For Sale $988,000 0.0% $432 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $988,000 -- $432 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $873,967 $157,868 $716,099
2023 -- $128,505 $128,505 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 753866

Central Panhandle Association of REALTORS®

APN: 34764-200-270