New Construction
Address
140 Paradise Found Circle 2, Panama City Beach, FL
Price
$ 545,000
Property Attributes
- MLS#794038
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodMargaritaville Cottages
- Zip32413
- Style
- Year Built2024
- Taxes$ 5008
- Price$ 545,000
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage768
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Turnkey, fully furnished, and rental-ready, this charming Surf Bungalow offers an exceptional opportunity to own in one of Panama City Beach's premier resort destinations with a dedicated parking space directly across from the pool. Whether you're looking to expand your vacation rental portfolio, enjoy a second home with income potential, or both, this beautifully appointed cottage delivers the perfect combination of style, comfort, and resort living. Designed to maximize both space and guest experience, the popular Longboard floor plan features soaring vaulted shiplap ceilings, abundant natural light, an open-concept living area, and coastal-inspired finishes throughout. The main level offers a spacious king bedroom and full bath, while the upstairs sleeping loft with built-in full-over-full bunk beds and an additional full bath comfortably accommodates families and larger groups, making this home especially appealing for vacation rentals. Guests will love gathering in the bright, airy living room, preparing meals in the well-equipped kitchen with quartz countertops and stainless appliances, or relaxing on the oversized covered front porch after a day at the beach. Every detail has been thoughtfully designed to create an unforgettable beach getaway while maximizing occupancy and rental appeal. Located within Margaritaville Beach Cottage Resort, owners and guests enjoy access to an incredible collection of resort amenities including a spectacular oasis pool, heated 425-foot lazy river, exciting waterslides, private beach access with approximately 580 feet of dedicated beachfront, poolside cabanas, multiple on-site dining options including License to Chill Bar & Grill and Salty Rim Bar, Joe Merchant's coffee and market, fitness center, arcade, live entertainment, and year-round activities for all ages. Ideally positioned within the resort, this cottage offers easy access to the community amenities while providing a peaceful place to unwind after a day in the Florida sunshine. Whether your guests spend the day floating the lazy river, relaxing on the sugar-white sand beach, enjoying live music by the pool, or simply unwinding on the inviting front porch, this is more than a vacation home--it's an investment in one of Panama City Beach's most sought-after resort communities. Offered fully furnished and turnkey, this Surf Bungalow is ready to begin creating memories--and generating income--from day one.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 8/14/2026 | Listed $545,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Beach,Pool,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Margaritaville Cottages |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | Front beach East from Pier Park. Margaritaville Cottages are on the left hand side, before the Y |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 5008.76 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0320 - Beach - Middle Central |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Occupancy Type | Tenant |
| Year Built | 2024 |
| Association Fee Includes | Association Management,Cable TV,Internet,Legal/Accounting,Maintenance Grounds,Trash,Water |
| Cooling | Central Air |
| Appliances | Electric Cooktop,Ice Maker,Tankless Water Heater |
| Construction Materials | HardiPlank Type |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 4 |
| Full Baths | 2 |
| Architectural Style | Bungalow |
| HOA Fee | 2068 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | Community |
| Unit Number | 2 |
| New Construction | true |
| Roof | Metal |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Loft |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Total Bedrooms | 1 |
| LivingAreaSource | Appraiser |
| Window Features | Double Pane Windows |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Building Area Total | 768 |
| Waterfront Y/N | false |
| Foundation Details | Pillar/Post/Pier |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32413
Price
Taxes
Year Built
In The Neighborhood
Just Listed
Panama City Beach
$ 1,850,000
- Type
- Single Family
- Size
- 2,943 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Waterfront
Panama City Beach
$ 3,595,000
- Type
- Single Family
- Size
- 4,178 SqFt
- Rooms
- 6 Beds + 6.5 Baths
Water Views
Panama City Beach
$ 1,250,000
- Type
- Single Family
- Size
- 2,128 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Waterfront
Panama City Beach
$ 3,695,000
- Type
- Single Family
- Size
- 3,990 SqFt
- Rooms
- 6 Beds + 6.5 Baths
Water Views
Panama City Beach
$ 1,659,000
- Type
- Single Family
- Size
- 2,130 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Water Views
Panama City Beach
$ 2,190,000
- Type
- Single Family
- Size
- 3,176 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
