NOT LISTED FOR SALE

Estimated Value: $463,413 - $497,000

2 Beds
2 Baths
1,321 Sq Ft
$362/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $485,000 $367 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,217/month

3 Days on Market

Highlights

  • Gated Community
  • Pond View
  • Beach House
  • J.R. Arnold High School Rated A-
  • Vaulted Ceiling
  • Community Pool

About This Home

As of April 2023

Welcome to Latitude Margaritaville, an exclusive 55+ community located on the Emerald Coast and along the intercostal waterway in beautiful Panama City Beach, Florida. This new construction beach cottage has water views from the covered front porch and spans 1321 sq. ft. of spacious living with two bedrooms and two bathrooms. As you enter this pristine home, you will instantly notice the vaulted ceilings in the living room. This Camilla conch cottage contains vast upgrades including wood-look flooring throughout and granite counter tops in the kitchen and bathrooms. The kitchen also features whirlpool stainless steel appliances, white shaker soft-close cabinets, and under cabinet lighting. The master bedroom contains a sizable walk-in closet, and the master bathroom features a pocket door, double vanity, and floor-to-ceiling tiled shower. Latitude Margaritaville offers various amenities such as pickleball, a private dog park, soon-to-be Town Square Amphitheater featuring live entertainment, and shuttle to nearby Pier Park. The "Fins-up" fitness center and resort style Paradise pool will be completed in the near future. Modeled after Jimmy Buffet and his iconic music, this development between Minto communities, St. Joe Company, and Margaritaville Holdings strives to provide a laid-back lifestyle where it is truly, "5 o'clock somewhere." Do not miss out on this opportunity, join in on the fun, and live in this private, gated, beach community right away instead of waiting 2+ years to build due to popular demand and a long waiting list. Schedule your private viewing today.

Last Agent to Sell the Property

Kaci Hawes

Era Neubauer Real Estate Inc, License #3441260 Listed on: 03/02/2023

Era Neubauer Real Estate Inc,

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 2021

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 110x42x107x35
  • Property fronts a private road

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Beach House
  • Property Attached
  • Dimensional Roof
  • Composition Shingle Roof
  • Vinyl Trim
  • Cement Board or Planked

Interior Spaces

  • 1,321 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Room
  • Pond Views
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Schools

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

Additional Features

  • Covered patio or porch
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 32503-200-076

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty
  • Latitude Margaritaville Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,867

Year Built

Built in 2021

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 110x42x107x35
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Latitude Margaritaville
  • Directions: From Northwest Florida Beaches International Airport, take State Rd. 388 west for approximately 3 miles. Cross Hwy 79 & continue straight onto W Bay Parkway. Take first left onto Margaritaville Blvd. & continue approximately .3 miles. Take a left onto Conch Shell Ct. & continue approximately .3 miles. Take the next right onto Conch Shell Ct. & continue approximately .2 miles*Cottage on the right
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2021
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Vaulted, Floor Laminate, Floor Tile, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven Self Cleaning: Yes

Exterior Features

  • Lot Features: Survey Available, Within 1/2 Mile to Water
  • View: Pond
  • Construction Type: Roof Dimensional Shg, Siding CmntFbrHrdBrd, Trim Vinyl
  • Exterior Features: Patio Covered, Porch
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Exercise Room, Gated Community, Pets Allowed, Pool
  • Association #2 Fee: 266.9
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty

Schools

  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 32503-200-076
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2867.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Apr 11, 2023
Sold by
Makufke Veteran Legacy Trust
Bought by
Mcclellan Lex L and Mcclellan Sandra D
Seller's Agent
Kaci Hawes
Era Neubauer Real Estate Inc,
List Price
$485,000
Sold Price
$485,000
Views
2
Current Estimated Value
$478,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,147
Avg. Annual Appreciation
-0.43%
Original Mortgage
$388,000
Outstanding Balance
$377,252
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$103,141

Purchase Details

Closed on
Dec 27, 2021
Sold by
Lmws Llc
Bought by
Savage Teresa Ann and Makufke Veteran Legacy Trust
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 Buyer Sale Price Title Company
Mcclellan Lex L $485,000 None Listed On Document
Savage Teresa Ann $287,000 Watersound Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclellan Lex L $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $485,000 0.0% $367 / Sq Ft
04/11/2023 04/11/23 Sold $485,000 0.0% $367 / Sq Ft
03/05/2023 03/05/23 For Sale $485,000 0.0% $367 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/05/2023 03/05/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $485,000 0.0% $367 / Sq Ft
01/26/2023 01/26/23 For Sale $485,000 -- $367 / 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 $3,379 $301,432 -- --
2023 $3,379 $266,643 $30,231 $236,412
2022 $2,867 $244,851 $21,213 $223,638
2021 $5 $403 $403 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 918073

Emerald Coast Association of REALTORS®

APN: 32503-200-076