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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Assumable loan at 2.75% with 521k balance remaining! Welcome to 8412 Margarita Place, a pristine, like new pool home in the 55+ community of Latitude Margaritaville Watersound. This beautifully customized 3-bedroom, 3-bathroom Breeze Bay floor plan offers the perfect blend of luxury, functionality, and relaxed coastal living, all on a quiet cul-de-sac with no drive by traffic. Thoughtfully designed for both everyday comfort and entertaining, the home boasts an open, single-level layout with soaring 9' ceilings, 8' interior doors, and luxury finishes throughout. The heart of the home is the expansive quartz kitchen island, comfortably seating six and opening into a light-filled great room with vaulted ceilings, custom fireplace, and a wall of glass sliders that extend your living space to the fully screened lanai. Outside, enjoy your own private retreat featuring a custom pool with a hot tub, an extended tanning ledge, and elegant pavers, all overlooking the tranquil pond beyond. The primary suite is a peaceful haven with recessed ceilings, bay windows with water views, private pool access, and two spacious walk-in closets. The en-suite bathroom features double vanities and a large, tiled walk-in shower. Two generous guest suites each enjoy their own full bathrooms, ideal for visiting family or friends. Additional upgrades include Revwood Mohawk laminate flooring, premium tile selections, upgraded lighting and plumbing fixtures, recessed lighting, ceiling fans, quartz countertops throughout, security system with cameras, premium blinds, and more. This home has been meticulously cared for, lightly lived in, and fully inspected in 2024 with all warranty items addressed. Furniture is negotiable, including Polywood deck furniture, new beds, stylish living pieces, and more. The home also includes a 2-car garage and HOA-maintained landscaping, giving you more time to enjoy the community's resort-style amenities. Latitude Margaritaville Watersound is an exclusive gated community just 7 miles from the beach and less than 10 minutes from ECP Airport. Residents enjoy access to an on site restaurant, resort pool, pickleball and tennis courts, fitness center with lap pool and spa, music venues, clubs, and a vibrant social calendar. New amenities coming soon include a marina, shopping and dining village, theater, ceramics studio, workshop, and more. Just 3 miles from the new Tallahassee Memorial Healthcare campus and FSU College of Medicine extension. Don't miss this rare opportunity to own a like new, fully upgraded home with an assumable loan at 2.75% in one of the area's most exciting communities.
Full Property Details
Full Property Details for 8412 Margarita Pl.
General
- Sold For: $820,000
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 776727
- Added to Site: 177 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Smart Thermostat
- Fireplace: Yes
- Fireplace(s): Gas
- Appliances: Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Marina, Business Center, Spa/Hot Tub
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gas Heat, In Ground, Screen Enclosure, Community, Private
- Spa Description: Community
- Security/Safety: Security System Owned, Carbon Monoxide Detector(s), Security Gate, 24 Hour Security, Security System, Smoke Detector(s), Security Service
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Balcony, Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Latitude at Watersound
- Driving Directions: Heading North on 79 turn left onto Latitude Blvd, take first left on Lost Shaker Way, follow road to Island Breeze Ave, turn left and then house will be on the left.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 04 - Bay County - North
- Association: Yes
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Heat Pump
- Heating Type: Central, Electric, Fireplace(s), Heat Pump
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, Underground Utilities
Structural Information
- Architectural Style: Coastal
- Construction: HardiPlank Type, Wood Frame
- Stories/Levels: 1
- Sq. Ft. Source: Plans
- Year Built: 2022
Lot Features
- Property View: Other
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: .15
- Lot Dimensions: 50 x 130
- Lot Features: Cul-De-Sac, Paved
- Zoning: Resid Single Family
Water Features
- Boat Dock Slip: Yes
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 3A LOT 26 ORB 4633 P 853
- Property ID: 32503-250-052
Listed by Secure Real Estate
Sold by Berkshire Hathaway HomeServices Beach Properties of Florida
Get Pre-Approved Today
Schools
Schools serving 8412 Margarita Pl.
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 1.3 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 7.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8412 Margarita Pl.
Date
Details
Price
Change
Source
11/24/2025
Sold
$820,000
-0.61%
MLS
7/25/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8412 Margarita Place, Panama City Beach, FL 32413 (MLS# 776727) is a Single Family property that was sold at $820,000 on November 24, 2025. Want to learn more about 8412 Margarita Place? Do you have questions about finding other Single Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

