
8661 Tropics Ave Panama City Beach, FL 32413
Latitude Margaritaville NeighborhoodEstimated payment $3,021/month
Highlights
- Gated Community
- Clubhouse
- High Ceiling
- J.R. Arnold High School Rated A-
- Florida Architecture
- Community Pool
About This Home
New price for this desired end unit cottage at Latitude Margaritaville Watersound! Will also consider to sell furnished if you need to move right in - you can purchase some furniture too to make it smooth and convenient for you! Open the door and you will want to move right in! This beautifully updated cottage features quartz countertops throughout, upgraded and soft-close cabinets, pull-out drawers, crown molding over the cabinets, double oven and more. Enjoy the luxury of enhancements sellers added after close, including LVP flooring throughout, plantation shutters, remote control ceiling fans, and modern light fixtures. The spacious layout provides a bright and welcoming atmosphere, perfect for relaxing and entertaining. Enjoy your screened in porch, an ideal spot for more relaxing, reading, or hosting a meal or beverage with friends and family. The home's location provides convenient access to street parking for guests, as well as easy in and out of the two-car garage. This home is ideally situated within the Latitude Margaritaville Watersound community, where you can enjoy exceptional amenities including HOA-maintained lawn care, a paradise pool with beach entry, cabanas, tiki huts, a restaurant and bar with panoramic views of the Intercoastal Waterway, a state-of-the-art fitness center, a 75' lap pool, pickleball and tennis courts, bocce ball courts, a kayak launch, dog park, and walking trails. The community also features golf cart and biking paths, a bandshell for concerts, and an exciting calendar of parties, games, and live music. For boating enthusiasts, a brand-new public marina will soon be available, with easy access to West Bay, Choctawhatchee Bay, and the Gulf waters. Just minutes from the beautiful Panama City Beach and the lively Pier Park for shopping and dining, this home offers the best of both relaxation and recreation. Whether you're enjoying quiet time at home or participating in the many community activities, this residence is the perfect space for both tranquility and excitement. Don't miss the chance to live in one of the most desirable 55+ communities around. Call today to schedule your showing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,161
Year Built
- Built in 2023
HOA Fees
- $322 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Florida Architecture
- Property Attached
Interior Spaces
- 1,472 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Plantation Shutters
- Den
Kitchen
- Breakfast Bar
- Electric Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Home Security
- Security Gate
- Fire and Smoke Detector
Outdoor Features
- Screened Patio
- Porch
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
Community Details
Overview
- Association fees include fitness facility, ground maintenance, pool(s), recreation facilities, security
- Latitude At Watersound Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
Security
- Security Service
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $291,981 | $40,000 | $251,981 |
2023 | $379 | $30,231 | $30,231 | $0 |
2022 | -- | $1,820 | $1,820 | -- |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/27/2025 08/27/25 | Price Changed | $448,000 | -2.4% | $304 / Sq Ft |
07/03/2025 07/03/25 | Price Changed | $459,000 | -1.1% | $312 / Sq Ft |
06/25/2025 06/25/25 | Price Changed | $464,000 | -1.1% | $315 / Sq Ft |
05/31/2025 05/31/25 | Price Changed | $469,000 | -2.1% | $319 / Sq Ft |
05/06/2025 05/06/25 | Price Changed | $479,000 | -2.0% | $325 / Sq Ft |
03/12/2025 03/12/25 | For Sale | $489,000 | -- | $332 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | $329,700 | Watersound Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $250,000 | New Conventional |
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Source: Central Panhandle Association of REALTORS®
MLS Number: 770365

APN: 32503-350-540
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