$1,180,000
SOLD JUN 30, 2025

123 Paradise Found Cir Panama City Beach, FL 32413

5 Beds
4.5 Baths
2,130 Sq Ft
2023 Built

Recently Sold

$554 Per Sq Ft

9% Below List Price

Highlights

  • Beach
  • Spa
  • Beach House
  • J.R. Arnold High School Rated A-
  • Gulf View
  • Main Floor Primary Bedroom

About This Home

As of June 2025

Owner financing with 20% down and $5000 per month interest only, for 12 months. The Cottages at Margaritaville PCB offer the very best of Beach lifestyle for its owners and guests. The ''Club'' at the heart of the community offers a 425 foot long lazy river, the oversize oasis pool with two giant tower water slides and the poolside bar and grill. A short stroll to 580 feet of dedicated beachfront offering a full suite of beach services including beach chairs and umbrellas, food service to complement the sparkling emerald green waters and soft sandy beaches! Owner Financing possible.

Last Agent to Sell the Property

Spears Group

Compass Listed on: 06/30/2025

Compass

Last Buyer's Agent

Spears Group

Compass Listed on: 06/30/2025

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 32' x 76'
  • Property is zoned Deed Restrictions

HOA Fees

  • $742 Monthly HOA Fees

Home Design

  • Beach House
  • Metal Roof
  • Masonite

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Gulf Views
  • Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Spa
  • Covered Deck

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34764-200-110

Community Details

Overview

  • Association fees include ground keeping, internet service, sewer, telephone, water, cable TV, trash
  • Margaritaville Cottages Subdivision

Recreation

  • Beach
  • Community Playground
  • Community Pool
  • Community Whirlpool Spa

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$742 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 32' x 76'
  • Road Frontage Type: City Street
  • Subdivision Name: Margaritaville Cottages
  • Directions: Enter off Front Beach Rd approx.. 2 miles east of Pier Park. turn left at the pool, take next right and home is the 11th on left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2023
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Gas, Water Heater - Elect
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Kitchen Island
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Masonite
  • Exterior Features: Hot Tub
  • Patio And Porch Features: Deck Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Hot Tub: Yes
  • ConstructionSiding:Masonite: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Playground, Pool, Whirlpool
  • Association #2 Fee: 2225.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Internet Service, Sewer, Telephone, Water, Cable TV, Trash

Schools

  • Elementary School: Hutchinson Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 34764-200-110
  • Zoning: Deed Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2025
Closed on
Jun 30, 2025
Sold by
Jeffrey Todd Bennick Trust and Bennick Jeffrey Todd
Bought by
Crandall John and Crandall Jennifer
Seller's Agent
Spears Group
Compass
Buyer's Agent
Spears Group
Compass
List Price
$1,295,000
Sold Price
$1,180,000
Premium/Discount to List
-$115,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.64%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,180,000 South Oak Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $1,180,000 -8.9% $554 / Sq Ft
06/30/2025 06/30/25 For Sale $1,295,000 +8.4% $608 / Sq Ft
06/22/2025 06/22/25 Pending -- -- --
12/15/2023 12/15/23 Sold $1,195,000 0.0% $561 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $1,195,000 -- $561 / Sq Ft
Source: Emerald Coast 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 -- $918,735 $157,868 $760,867
2023 -- $128,505 $128,505 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 979856

Emerald Coast Association of REALTORS®

APN: 34764-200-110