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$839,900
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Property Description
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Welcome to one of the MOST sought-after homesites in Latitude Margaritaville Watersound! Located in desirable Phase 7, this exceptional Island Collection Trinidad Bay home is perfectly positioned on a rare, oversized pie-shaped cul-de-sac lot--offering added privacy, space, and premium curb appeal that is hard to find. This beautifully designed home features 3 bedrooms, 3.5 baths, plus a spacious den/office, providing the perfect blend of comfort and flexibility for everyday living and entertaining. Inside, you'll find tile flooring throughout, creating a seamless, low-maintenance coastal aesthetic. The gourmet kitchen is thoughtfully upgraded with a gas range, quartz countertops, soft-close cabinetry, pull-out trash system, and a large walk-in pantry, making it both functional and stylish for the home chef. The open-concept layout flows effortlessly into the main living and dining areas, ideal for hosting guests and enjoying the Latitude lifestyle. The primary suite is a true retreat featuring a luxuriously upgraded en-suite bath with a rain shower system, while one of the secondary baths also include upgraded rain shower fixtures, ensuring comfort for family and guests alike. Additional highlights include: 3-car garage with epoxy flooring and upgraded garage door opener, Fully equipped laundry room with abundant cabinetry, counter space, and utility sink Whole-house generator added post-closing for peace of mind. Hurricane impact windows, doors, and garage door. Step outside and enjoy your expansive homesite with an extended screened lanai, perfect for creating your dream outdoor living space, with room for a future pool and plenty of space between neighbors. Living in Latitude Margaritaville Watersound means embracing a resort-style, 55+ active adult lifestyle unlike any other on the Emerald Coast. Residents enjoy world-class amenities including a state-of-the-art fitness center, resort-style pools, pickleball and tennis courts, live entertainment, on-site dining, walking and biking trails, and a vibrant social calendar. Located just minutes from the white sugar sand beaches, and with a new Publix, shopping, dining, and a future marina and hospital nearby, convenience meets coastal living. This is a rare opportunity to own a premium homesite with a highly upgraded home in one of the most desirable communities in Northwest Florida. Schedule your private showing today and start living the Latitude lifestyle!
Full Property Details
Full Property Details for 8937 Gypsy Palace Ct
General
- Sold For: $839,900
- Taxes: $611 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 788811
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Coffered Ceiling(s), Smart Thermostat, Home Theater
- Appliances: Gas Range, Gas Water Heater, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Business Center, Gated, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Carbon Monoxide Detector(s), Gated Community, Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Porch, Rain Gutters
- Porch/Patio/Deck: Covered, Patio, Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Garage, Garage Door Opener, Gated
Location
- County: Bay
- Subdivision: Latitude at Watersound
- Driving Directions: Hwy 98 to North on Hwy 79, left on West Bay Parkway, follow to 4th gated entrance on the right, right on Escape Ave. to left on Gypsy Palace Ct. to home in cul-de-sac.
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: Ranch
- Construction: HardiPlank Type, Steel Frame, Wood Frame
- Roof: Composition, Shingle
- Windows: Double Pane Windows, Storm Window(s)
- Doors: Storm Door(s)
- Stories/Levels: 1
- Sq. Ft. Source: Plans
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,500
- Lot Size: .26
- Lot Dimensions: 45 x 131
- Lot Features: Cul-De-Sac, Sprinkler System, Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $611
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 7 LOT 7035
- Property ID: 32503-700-070
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Schools
Schools serving 8937 Gypsy Palace Ct
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 3.5 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 8.9 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 9.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8937 Gypsy Palace Ct
Date
Details
Price
Change
Source
5/21/2026
Sold
$839,900
—
MLS
4/23/2026
Listed
$839,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8937 Gypsy Palace Court, Panama City Beach, FL 32413 (MLS# 788811) is a Single Family property that was sold at $839,900 on May 21, 2026. This property was listed by Sheryl Lewis from our Panama City Beach - Thomas Dr. Office.Want to learn more about 8937 Gypsy Palace Court? 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.


