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$410,000
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to a slice of paradise in Latitude Margaritaville Watersound just 7 miles from the sugar white sands of Panama City Beach. This highly sought after and upgraded Dreamsicle model is one of the largest floorplans and offers 2 bedrooms, 2 full baths and a versatile den/flex space- perfect for a home office or creative retreat. Located in phase 6bc, just steps from Flip Flop Square featuring a tiki hut gathering space and grilling area, the gathering hub of this section. This home embraces the laid-back lifestyle and vibrant community spirit Margaritaville is known for. Inside, enjoy Revwood by Mohawk laminate flooring throughout, an open-concept design, and a chef's kitchen with gas range, quartz countertops, large island and 42'' upgraded cabinetry. The dining area features a stunning custom built-in buffet, while the light bright family room boast a vaulted ceiling for an airy, spacious feel. The primary suite includes luxurious tile shower, quartz-top vanities, and a walk-in closet with custom built-ins. The guest will enjoy their own private bedroom and adjacent full bath. Relax on the spacious covered porch where you will enjoy morning sunrises and afternoon relaxation! Additional features include the refrigerator, washer/dryer and a whole home water filtration system. Home has a builders Master Care 1 year home warranty from the original close date and a Builders 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! The unparalleled 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, wood- working workshop and ceramics shop. A future public marina and commercial area are planned with grocery store, shopping and dining. Enjoy resort-style amenities and vibrant community atmosphere year round- this is Florida living at its finest.
Full Property Details
Full Property Details for 8722 Pencil thin Ave
General
- Sold For: $410,000
- Taxes: $494 (2024)
- Status: Closed
- Type: Condo /Townhouse
- Source: Bay_County
- MLS ID: 775832
- Added to Site: 245 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Smart Thermostat
- Appliances: Gas Range, Water Purifier Owned
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Business Center, Gated, Barbecue, Spa/Hot Tub
- 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
- Porch/Patio/Deck: Covered, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Garage Door Opener, Gated
Location
- County: Bay
- Subdivision: Latitude at Watersound
- Driving Directions: Hwy 79 North, to left on West Bay Parkway, to left on 3rd gated entrance on Beachcomber, to left on Parrot Place, right on Pencil Thin Ave., home on the right.
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: 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 100
- 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 6B & 6C LOT 6475
- Property ID: 32503-650-550
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Schools
Schools serving 8722 Pencil thin Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 2.5 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 | 8.7 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 8722 Pencil thin Ave
Date
Details
Price
Change
Source
2/02/2026
Sold
$410,000
-4.54%
MLS
12/30/2025
Price Reduced
$429,500
-1.83%
MLS
10/18/2025
Price Reduced
$437,500
-1.99%
MLS
8/22/2025
Price Reduced
$446,400
-0.78%
MLS
7/03/2025
Listed
$449,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8722 Pencil Thin Avenue, Panama City Beach, FL 32413 (MLS# 775832) is a Condo / Townhouse property that was sold at $410,000 on February 02, 2026. This property was listed by Sheryl Lewis from our Panama City Beach - Thomas Dr. Office.Want to learn more about 8722 Pencil Thin Avenue? 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.


