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$469,000
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Property Description
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Coastal charm meets premium upgrades in this beautiful Aloha Cottage, perfectly positioned on a rare oversized lot with stunning pond and green space views! Located in the highly sought-after Latitude Margaritaville Watersound, just 7 miles from the beach, this 2-bedroom, 2-bath home with a den/flex room offers the ideal blend of relaxed luxury and coastal living. Step inside to find soaring cathedral beamed ceilings in the living and dining areas, highlighted by recessed lighting, custom fixtures, and a striking feature wall. The gourmet kitchen is a showstopper with quartz countertops, a tile backsplash, gas range, 42'' upgraded cabinetry with pull-outs, upgraded facet, undercabinet lighting, and a spacious island-perfect for entertaining. Enjoy rich Revwood by Mohawk laminate floors throughout, elegant plantation shutters, and 8-foot doors that add a sense of grandeur. The luxurious primary suite includes a spa-inspired tile shower with frameless glass, upgraded linen cabinet, quartz counters, and stylish hardware. The guest bedroom is conveniently located next to a highly upgraded full bath, while the den/flex space offers versatility for work or relaxation. Plantation shutters throughout, an oversized laundry room with built-in cabinetry and a garage featuring epoxy floors, additional garage insulation, utility sink and a smart opener with camera complete the package. Relax on your screened-in porch with custom bali shades, epoxy floor and take in breathtaking sunsets over the pond-coastal living at its finest! The amenities at Latitude Margaritaville Watersound offer a 2 story full service restaurant, resort style outdoor pool both overlooking the Intracoastal Waterway. A state of the art fitness center with an indoor lap pool and spa, fitness classes, water aerobics and more. Pickleball and tennis courts, a bandshell with a dance floor and music every Friday and Saturday night / activities year round. Kayak launch, game lawn with bocce ball, cornhole and ping pong. A theater, pet grooming, workshop, ceramics shop and more. A future public marina and commercial area are planned with grocery store, shopping and dining. Home has a builders Master Care Warranty and a 2/10 year structural warranty from the original build/close date. All lawn care is maintained by the HOA, exterior paint and roof replacement on a maintenance schedule are done by the HOA. Easy, carefree living! Must see this picture perfect home and community! The lifestyle of this beautiful coastal community awaits you! Some of these beautiful furnishings will be negotiable.
Full Property Details
Full Property Details for 8586 Dreams Float Ct
General
- Sold For: $469,000
- Taxes: $494 (2024)
- Status: Closed
- Type: Condo /Townhouse
- Source: Bay_County
- MLS ID: 776043
- Added to Site: 191 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Smart Thermostat
- Appliances: Gas Range, Gas Water Heater, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Business Center, Gated
- Pool: Yes
- Pool Description: Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Carbon Monoxide Detector(s), Firewall(s), Gated Community, Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Gated
Location
- County: Bay
- Subdivision: Latitude at Watersound
- Driving Directions: Hwy 79 North to left on West Bay Parkway, follow to 2nd gated entrance on right on Paradise Dr. to right on Dreams Float Ct. to first right, home on 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, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available, High Speed Internet Available, Underground Utilities
Structural Information
- Architectural Style: Florida
- Construction: HardiPlank Type, Wood Frame
- Windows: Double Pane Windows
- Stories/Levels: 1
- Sq. Ft. Source: Plans
- Year Built: 2024
Lot Features
- Lot Dimensions: 35 x 110
- Lot Features: Sprinkler System, Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $494
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 5B LOT 5065
- Property ID: 32503-500-130
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Schools
Schools serving 8586 Dreams Float Ct
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 2.4 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.9 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 8.5 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 8586 Dreams Float Ct
Date
Details
Price
Change
Source
8/15/2025
Sold
$469,000
-4.09%
MLS
7/21/2025
Price Reduced
$489,000
-2%
MLS
7/09/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8586 Dreams Float Court, Panama City Beach, FL 32413 (MLS# 776043) is a Condo / Townhouse property that was sold at $469,000 on August 15, 2025. This property was listed by Sheryl Lewis from our Panama City Beach - Thomas Dr. Office.Want to learn more about 8586 Dreams Float Court? Do you have questions about finding other Condo / Townhouse 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.


