NOT LISTED FOR SALE

8527 Island Cove Ct Panama City Beach, FL 32413

Latitude Margaritaville Neighborhood

Estimated Value: $456,808 - $633,000

2 Beds
2 Baths
1,768 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $385,524 $218 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,598/month

Highlights

  • Gated Community
  • Pond View
  • Great Room
  • J.R. Arnold High School Rated A-
  • Newly Painted Property
  • Community Pool

About This Home

As of October 2022

Lucia, Elevation A, Tile flooring in the bathrooms and laundry room. Hardwood flooring through the remainder of the home. White & Bright Kitchen. Quartz Counters, Subway Tile Backsplash. Gas Kitchenaid Appliance Package upgrade. Extended Lanai.

Last Agent to Sell the Property

Non Member

NON-MEMBER OFFICE Listed on: 08/12/2021

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

  • $3,674

Year Built

  • Built in 2022

Lot Details

  • 5,749 Sq Ft Lot
  • Lot Dimensions are 44x41x9x88x49x131
  • Property fronts a highway
  • Landscaped

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Newly Painted Property
  • Slab Foundation
  • Fiberglass Roof
  • Vinyl Siding
  • HardiePlank Type

Interior Spaces

  • 1,768 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Recessed Lighting
  • Great Room
  • Dining Room
  • Den
  • Pond Views
  • Smart Thermostat
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater

Community Details

Overview

  • Association fees include cable TV, ground maintenance, pool(s)
  • Latitude At Watersound Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,674

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: 0.13
  • Lot Size: 44X41X9X88X49X131
  • Road Frontage Type: County Road, City Street, Highway
  • Road Surface Type: Paved
  • Subdivision Name: Latitude at Watersound
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Appliances: Gas Range, Microwave, Tankless Water Heater
  • Interior Amenities: Kitchen Island, New Paint, Recessed Lighting, Split Bedrooms, Smart Thermostat, Natural Woodwork
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1768.0
  • Dining Room Type: Bedroom, Den, Dining Room, Garage, Great Room, Primary Bedroom
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Community
  • View: Pond
  • View: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type, Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Roof: Fiberglass

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Other, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Heating: Central, Heat Pump
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 317.26
  • Community Features: Fitness Center, Gated, Other, Pool, See Remarks, Tennis Court(s)
  • Amenities: Gated
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Pool(s)

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5749.0
  • 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

Listed on
Aug 12, 2021
Closed on
Oct 14, 2022
Sold by
Lmws Llc
Bought by
Burnett Darrell Ross and Burnett Sharon A
Seller's Agent
Non Member
NON-MEMBER OFFICE
Buyer's Agent
Mark Oberg
Berkshire Hathaway HomeServices Beach Properties of Florida
List Price
$33,469
Sold Price
$385,524
Premium/Discount to List
$352,055
1051.88%
Current Estimated Value
$550,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,678
Avg. Annual Appreciation
11.53%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burnett Darrell Ross $385,200 Watersound Title Agency Llc
Burnett Darrell Ross $385,200 Watersound Title Agency Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $385,524 -- --
10/14/2022 10/14/22 Sold $385,524 +1051.9% $218 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $33,469 -- $19 / 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 $3,674 $338,982 $40,000 $298,982
2023 $3,674 $329,213 $30,231 $298,982
2022 $312 $27,000 $27,000 $0
2021 $7 $554 $554 $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
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 733977

Central Panhandle Association of REALTORS®

APN: 32503-250-244

Florida Bay County Panama City Beach 32413 Latitude Margaritaville

8527 Island Cove Ct, Panama City Beach, FL

This home is located at 8527 Island Cove Ct, Panama City Beach, FL 32413 since 12 August 2021 and is currently estimated at $550,202, approximately $311 per square foot. This property was built in 2022. 8527 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.

Nearby Homes