$430,000
SOLD SEP 15, 2023

8674 Tropics Ave Panama City Beach, FL 32413

Latitude Margaritaville Neighborhood
2 Beds
2 Baths
1,315 Sq Ft
2023 Built

Recently Sold

$327 Per Sq Ft

9% Below List Price

41 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Cathedral Ceiling
  • Gated Community
  • Florida Architecture
  • Community Pool

About This Home

As of September 2023

Incredible Value!! Brand new Camellia Cottage in beautiful Latitude Margaritaville Watersound a fabulous 55+ Active Adult, gated community! No waiting to buy! Never lived in and nicely upgraded. Screened porch, Hurricane Impact windows (very expensive upgrade), beautiful Plantation shutters have been installed (not pictured), Kitchen with Quartz countertops and backsplash, soft close level 3 cabinets, extended Quartz Island, Granite countertops baths, tile floors, tile surround bath & shower, Epoxy garage floor, garage Utility sink, new washer/dryer, new refrigerator, lots of recessed lights and custom light fixtures and fans. Community offers incredible amenities which include a 2 story restaurant overlooking the Intracoastal Waterway, resort pool, indoor pool, state of the art fitness center, bandshell with live music every Fri/Sat. nights, Kayak launch and much more! Activities all week long available to residents. Truly a unique and wonderful lifestyle. Future proposed Marina adjacent to property. Future commercial area to include Grocery, Bank, Golf Cart store, restaurants, shopping and more! All Golfcart accessible. Call today for a private tour of this incredible community!

Last Agent to Sell the Property

Sheryl Lewis

Coldwell Banker Realty License #SL3402358 Listed on: 07/19/2023

Coldwell Banker Realty

Last Buyer's Agent

Sheryl Lewis

Coldwell Banker Realty License #SL3402358

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $379

Year Built

  • Built in 2023

Lot Details

  • Landscaped
  • Level Lot

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,315 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Family Room

Kitchen

  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • Senior Community
  • Association fees include management, legal/accounting, ground maintenance, pool(s), recreation facilities
  • Frist Serv. Resident Association
  • Latitude At Watersound Subdivision

Amenities

  • Clubhouse
  • Business Center

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Security Service
  • Card or Code Access
  • 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: Attached
  • Road Surface Type: Paved
  • Subdivision Name: Latitude at Watersound
  • Architectural Style: Florida
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Ice Maker, Microwave, PlumbedForIce Maker, Refrigerator, Tankless Water Heater, Washer
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Split Bedrooms, Shutters
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1315.0
  • Dining Room Type: Family Room, Kitchen
  • Stories: 1
  • Window Features: Plantation Shutters, Storm Window(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Community
  • Waterfront: No
  • Construction Type: Frame, HardiPlank Type
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, High Speed Internet Available, Sewer Connected, Underground Utilities, Water Connected
  • Security Features: Gated Community, Key Card Entry, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Heating: Central, Electric, Forced Air, Zoned
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 298.9
  • Community Features: Business Center, Clubhouse, Fitness Center, Other, Pool, See Remarks, Tennis Court(s), Gated, Sidewalks
  • Senior Community: Yes
  • Amenities: Gated
  • Association Fee Frequency: Monthly
  • Association Name: Frist Serv. Resident
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Landscaped, Level
  • 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
Feb 21, 2024
Sold by
Banning Mark and Souleyret Shaleen
Bought by
Banning Mark and Souleyret Shaleen

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 15, 2023
Sold by
Jones Keith Roger and Jones Elizabeth Jane
Bought by
Banning Mark and Souleyret Shaleen
Seller's Agent
Sheryl Lewis
Coldwell Banker Realty
Buyer's Agent
Sheryl Lewis
Coldwell Banker Realty
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
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 Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $430,000 Watersound Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 Price Changed $425,000 +1.7% $323 / Sq Ft
07/05/2025 07/05/25 For Sale $418,000 -2.8% $318 / Sq Ft
09/15/2023 09/15/23 Sold $430,000 -5.5% $327 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/25/2023 08/25/23 Price Changed $455,000 -2.2% $346 / Sq Ft
08/14/2023 08/14/23 Price Changed $465,000 -2.1% $354 / Sq Ft
07/20/2023 07/20/23 For Sale $475,000 -- $361 / 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 $279,467 -- --
2023 $379 $30,231 $30,231 $0
2022 -- $1,820 $1,820 --
Source: Public Records

Agents Affiliated with this Home

  • Heather Denaro

    Seller's Agent in 2025

    Heather Denaro

    Beachy Beach Real Estate

    (850) 541-5774

    64 in this area

    162 Total Sales

    Heather Denaro
    Section Image
  • Sheryl Lewis

    Seller's Agent in 2023

    Sheryl Lewis

    Coldwell Banker Realty

    (770) 316-3334

    40 in this area

    52 Total Sales

    Sheryl Lewis
    Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 744171

Central Panhandle Association of REALTORS®

APN: 32503-350-574

Florida Bay County Panama City Beach 32413 Latitude Margaritaville

8674 Tropics Ave, Panama City Beach, FL

This home is located at 8674 Tropics Ave, Panama City Beach, FL 32413 and is currently priced at $430,000, approximately $326 per square foot. This property was built in 2023. 8674 Tropics Ave is a home located in Bay County with nearby schools including J.R. Arnold High School, West Bay Elementary School, and Surfside Middle 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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