NOT LISTED FOR SALE

8688 Tropics Ave Panama City Beach, FL 32413

Latitude Margaritaville Neighborhood

Estimated Value: $431,848 - $470,000

2 Beds
2 Baths
1,315 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $444,000 $338 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,712/month

22 Days on Market

Highlights

  • Senior Community
  • Florida Architecture
  • Community Pool
  • Gated Community
  • Cathedral Ceiling
  • Double Oven

About This Home

As of December 2023

The BEST resale price in Latitude Margaritaville Watersound for an outside lot location for a cottage! Incredible price improvement! RARE large lot not facing another cottage! Come live the Latitude Margaritaville Watersound lifestyle! A 55+ Active Adult community perched along the Intracoastal Waterway and just 7 miles from the BEACH! This beautiful coastal cottage offers a RARE large, outside lot (not directly facing another cottage) in beautiful phase 4 with pond views from rear of home. So many upgrades including a large extended kitchen island, granite countertops, 42'' cabinets, soft-close, coffee/wine bar area, laminate floors throughout, screened porch, epoxy garage floor & more! 2 bedrooms/2 full baths, dining room (seller using as a wine room/study). Builder warranty will transfer to new buyer. Amenities are second to none including a 2 story restaurant overlooking the Intracoastal Waterway, resort style pool, fitness center, indoor pool, fitness classes, activities year round, music every weekend and daily at the pool/restaurant. Must see this incredible home and community.

Last Agent to Sell the Property

Sheryl Lewis

Coldwell Banker Realty License #SL3402358 Listed on: 10/28/2023

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

  • Level Lot
  • Sprinkler System

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Property Attached
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • HardiePlank Type

Interior Spaces

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

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Firewall

Outdoor Features

  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater

Community Details

Overview

  • Senior Community
  • Association fees include management, ground maintenance, pool(s), tennis courts
  • Latitude At Watersound Subdivision

Recreation

  • Community Pool

Security

  • 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: Double Oven, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Tankless Water Heater
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1315.0
  • Dining Room Type: Bedroom, Family Room, Primary Bathroom
  • Stories: 1
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Community
  • Waterfront: No
  • Construction Type: HardiPlank Type, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Porch
  • Patio And Porch Features: Porch, Screened
  • Roof: Composition, Shingle

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
  • Security Features: Carbon Monoxide Detector(s), Firewall(s), Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 298.9
  • Community Features: Fitness Center, Pool, Gated, Sidewalks
  • Senior Community: Yes
  • Amenities: Gated
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Pool(s), Tennis Courts

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Level

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $444,000 -3.3% $338 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $459,000 -2.1% $349 / Sq Ft
11/05/2023 11/05/23 Price Changed $469,000 -2.3% $357 / Sq Ft
10/28/2023 10/28/23 For Sale $480,000 -- $365 / 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 $364,283 $40,000 $324,283
2023 $379 $30,231 $30,231 $0
2022 -- $1,820 $1,820 --
Source: Public Records

Agents Affiliated with this Home

  • Sheryl Lewis

    Seller's Agent in 2023

    Sheryl Lewis

    Coldwell Banker Realty

    (770) 316-3334

    45 in this area

    58 Total Sales

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 748527

Central Panhandle Association of REALTORS®

APN: 32503-350-560

Florida Bay County Panama City Beach 32413 Latitude Margaritaville

8688 Tropics Ave, Panama City Beach, FL

This home is located at 8688 Tropics Ave, Panama City Beach, FL 32413 since 28 October 2023 and is currently estimated at $455,712, approximately $346 per square foot. This property was built in 2023. 8688 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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