$1,349,000
$341K PRICE DROP

111 Paradise Found Cir Panama City Beach, FL 32413

Estimated payment $8,346/month

Total Views 6,976
5 Beds
4.5 Baths
2,130 Sq Ft
$633 Price per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Corner Lot
  • J.R. Arnold High School Rated A-
  • Gulf View
  • Furnished

About This Home

Introducing a slice of paradise at Margaritaville Beach Cottage Resort! This stunning five-bedroom, 4.5-bathroom new construction home boasts breathtaking Gulf views and embodies the epitome of coastal luxury. Step into a turnkey oasis where every detail has been meticulously crafted for comfort and style. Upon entry, you're greeted by an elegant beachy vibe accentuated by pops of color throughout. The open-concept kitchen features a massive island, quartz countertops, and top-of-the-line stainless steel appliances, including a coveted Margaritaville machine, perfect for whipping up tropical treats. The first-floor hosts one of two primary bedrooms, complete with a king-size bed and en-suite bathroom. On the second floor, you'll find another luxurious master bedroom featuring its own en-suite, alongside two additional spacious rooms sharing a bathroom. Plus the other coastal room, that is ideal for accommodating more guests! The first level patio is covered and complete with a hot tub and an inviting outdoor dining table, perfect for laid-back gatherings and relaxation. Meanwhile, the second-floor balcony provides a serene spot to soak in gulf views and ocean breezes. Residents can enjoy access to Margaritaville Beach Cottage Resort's world-class amenities. Dive into relaxation with a 425-foot lazy river and exhilarating waterslides or unwind in the expansive oasis pool. Indulge in beachfront bliss with 580 feet of dedicated beachfront and beach services at your fingertips. Additional resort offerings include a lively bar and grill, full-service restaurant, fitness center, arcade, and more, ensuring endless entertainment for guests of all ages! With the community allowing short-term rentals, this property presents an incredible opportunity for both personal enjoyment and lucrative investment. Live the Margaritaville lifestyle every day in this coastal haven!

Listing Agent

Kelly Flanagan

Keller Williams Success Realty License #SL3395533 Listed on: 03/28/2024

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 2023

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 32 x 76
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $742 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,130 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Great Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Covered patio or porch

Schools

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

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, cable TV, internet, legal/accounting, ground maintenance, trash, water
  • Margaritaville Cottages Subdivision

Recreation

  • Beach
  • 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
  • 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, Electric Oven, Gas Cooktop, Disposal, Ice Maker, Microwave, Washer
  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry, Recessed Lighting
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2130.0
  • Dining Room Type: Bedroom, Great Room, Kitchen, Primary Bedroom
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Covered, Patio
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Utilities: Water Connected
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Heating: Central, ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2225.0
  • Community Features: Beach, Other, Pool, See Remarks, Short Term Rental Allowed
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Legal/Accounting, Maintenance Grounds, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2614.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 1581.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 -- $868,867 $157,868 $710,999
2023 -- $128,505 $128,505 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Price Changed $1,349,000 -10.0% $633 / Sq Ft
02/18/2025 02/18/25 For Sale $1,499,000 0.0% $704 / Sq Ft
02/18/2025 02/18/25 Price Changed $1,499,000 +0.3% $704 / Sq Ft
11/29/2024 11/29/24 Off Market $1,495,000 -- --
04/29/2024 04/29/24 Price Changed $1,495,000 -6.0% $702 / Sq Ft
04/13/2024 04/13/24 Price Changed $1,590,000 -5.9% $746 / Sq Ft
04/02/2024 04/02/24 For Sale $1,690,000 +69.8% $793 / Sq Ft
09/28/2023 09/28/23 Sold $995,000 0.0% $467 / Sq Ft
09/28/2023 09/28/23 Sold $995,000 0.0% $467 / Sq Ft
02/04/2023 02/04/23 For Sale $995,000 0.0% $467 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $995,000 -- $467 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,017,000 Provident Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $971,750 New Conventional
Closed $762,700 New Conventional
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 755078

Central Panhandle Association of REALTORS®

APN: 34764-200-060