NOT LISTED FOR SALE

8519 Island Cove Ct Panama City Beach, FL 32413

Latitude Margaritaville Neighborhood

Estimated Value: $492,630 - $567,000

3 Beds
2 Baths
1,565 Sq Ft
$335/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $363,666 $232 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,476/month

Highlights

  • Gated Community
  • Pond View
  • Corner Lot
  • J.R. Arnold High School Rated A-
  • Clubhouse
  • Great Room

About This Home

As of September 2022

Antigua, Elevation B, 3 Bedroom Option, Corner Lot.

Last Agent to Sell the Property

Non Member

NON-MEMBER OFFICE Listed on: 08/16/2021

Last Buyer's Agent

Mark Oberg

Berkshire Hathaway HomeServices Beach Properties of Florida License #3400964

Berkshire Hathaway HomeServices Beach Properties of Florida

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,866

Year Built

  • Built in 2022

Lot Details

  • 7,056 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Fiberglass Roof
  • HardiePlank Type

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Pond Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • 220 Volts
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include clubhouse, ground maintenance, maintenance structure, playground, pool(s), recreation facilities
  • Latitude At Watersound Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Pool

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,866

Year Built

Built in 2022

Lot Details

0

HOA Fees

$317 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.16
  • Lot Size: unavailable at the time of publish
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Latitude at Watersound
  • Architectural Style: Duplex
  • Property Attached Yn: No
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Detached,Single Family Residence
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry, Recessed Lighting, Split Bedrooms, Smart Thermostat, Natural Woodwork
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1565.0
  • Dining Room Type: Bedroom, Dining Room, Great Room, Primary Bedroom
  • Stories: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Community
  • View: Pond
  • View: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Foundation Details: Slab
  • Roof: Fiberglass

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Other, Sewer Connected, Underground Utilities, Water Connected
  • Security Features: Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: 220 Volts

Condo/Co-op/Association

  • Association Fee: 317.26
  • Community Features: Clubhouse, Fitness Center, Gated, Other, Pool, Shopping, See Remarks
  • Amenities: Gated, Picnic Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Grounds, Maintenance Structure, Playground, Pool(s), Recreation Facilities

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Cleared, Corner Lot, Landscaped, Level
  • Lot Size Sq Ft: 7056.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Gaines Ricky Howard and Gaines Deloris Green
Bought by
Hutchings Jenne Marie
Current Estimated Value
$524,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$493,901
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
$40,822

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 13, 2022
Sold by
Lmws Llc
Bought by
Gaines Ricky Howard and Gaines Deloris Green
Seller's Agent
Non Member
NON-MEMBER OFFICE
Buyer's Agent
Mark Oberg
Berkshire Hathaway HomeServices Beach Properties of Florida
List Price
$296,890
Sold Price
$363,666
Premium/Discount to List
$66,776
22.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%
Original Mortgage
$150,000
Interest Rate
5.3%
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
Hutchings Jenne Marie $525,000 Beach Land And Title Services
Hutchings Jenne Marie $525,000 Beach Land And Title Services
Gaines Ricky Howard $363,700 Watersound Title Agency Llc
Gaines Ricky Howard $363,700 Watersound Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchings Jenne Marie $500,000
Closed Hutchings Jenne Marie $500,000
Previous Owner Gaines Ricky Howard $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Off Market $363,666 -- --
09/13/2022 09/13/22 Sold $363,666 +22.5% $232 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $296,890 -- $190 / Sq Ft
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 $3,866 $317,651 $40,000 $277,651
2023 $3,866 $305,503 $30,231 $275,272
2022 $312 $27,000 $27,000 $0
2021 $8 $680 $680 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Non Member

    NON-MEMBER OFFICE

  • Mark Oberg

    Buyer's Agent in 2022

    Mark Oberg

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (404) 406-4887

    38 in this area

    82 Total Sales

    Mark Oberg
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 732273

Central Panhandle Association of REALTORS®

APN: 32503-250-252

Florida Bay County Panama City Beach 32413 Latitude Margaritaville

8519 Island Cove Ct, Panama City Beach, FL

This home is located at 8519 Island Cove Ct, Panama City Beach, FL 32413 since 16 August 2021 and is currently estimated at $524,658, approximately $335 per square foot. This property was built in 2022. 8519 Island Cove Ct is a home located in Bay County with nearby schools including Surfside Middle School, J.R. Arnold High School, and West Bay Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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