NOT LISTED FOR SALE

8651 Tropics Ave Panama City Beach, FL 32413

Latitude Margaritaville Neighborhood

Estimated Value: $390,550 - $428,000

2 Beds
2 Baths
1,308 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $346,241 $265 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,490/month

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Covered Patio or Porch
  • J.R. Arnold High School Rated A-
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of May 2023

New Construction comp purposes. Camellia.

Last Agent to Sell the Property

Non Member

NON-MEMBER OFFICE Listed on: 04/25/2023

Last Buyer's Agent

Heather Denaro

Beachy Beach Real Estate License #SL3392228

Beachy Beach Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $379

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 110x35x110x42
  • Sprinkler System

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • HardiePlank Type

Interior Spaces

  • 1,308 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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
  • Tankless Water Heater

Community Details

Overview

  • Association fees include management, legal/accounting, ground maintenance, pool(s)
  • Latitude At Watersound Subdivision

Recreation

  • Community Pool

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$379

Year Built

Built in 2023

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Duplex
  • Lot Size: 110x35x110x42
  • Subdivision Name: Latitude at Watersound
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Tankless Water Heater
  • Interior Amenities: High Ceilings, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1308.0
  • Dining Room Type: Bedroom, Dining Room, Garage, Living Room, Primary Bedroom, Porch
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Security Features: Gated Community, Smoke Detector(s), Security Service
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 298.9
  • Community Features: Other, Pool, Shopping, See Remarks, Short Term Rental Allowed, Sidewalks, Gated
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Maintenance Grounds, Pool(s)

Schools

  • Middle Or Junior School: Surfside

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
Apr 25, 2023
Closed on
May 25, 2023
Sold by
Lmws Llc
Bought by
Faller Kevin L and Spanover Karen Dolores
Seller's Agent
Non Member
NON-MEMBER OFFICE
Buyer's Agent
Heather Denaro
Beachy Beach Real Estate
List Price
$346,242
Sold Price
$346,242
Current Estimated Value
$408,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,646
Avg. Annual Appreciation
7.43%
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
Faller Kevin L $346,300 Watersound Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $346,242 0.0% $265 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $346,242 -- $265 / 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 $379 $306,619 $40,000 $266,619
2023 $379 $30,231 $30,231 $0
2022 -- $1,820 $1,820 --
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Non Member

    NON-MEMBER OFFICE

  • Heather Denaro

    Buyer's Agent in 2023

    Heather Denaro

    Beachy Beach Real Estate

    (850) 541-5774

    66 in this area

    176 Total Sales

    Heather Denaro
    Section Image

  • H

    Buyer's Agent in 2023

    Heather Fox

    Beachy Beach Real Estate

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 750680

Central Panhandle Association of REALTORS®

APN: 32503-350-550

Florida Bay County Panama City Beach 32413 Latitude Margaritaville

8651 Tropics Ave, Panama City Beach, FL

This home is located at 8651 Tropics Ave, Panama City Beach, FL 32413 since 25 April 2023 and is currently estimated at $408,888, approximately $312 per square foot. This property was built in 2023. 8651 Tropics Ave 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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