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For sale
  • $572,500

    140 Paradise Found Cir #27, Panama City Beach, FL 32413

    1beds
    816sqft
    : 
    $3,598/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    -- sqft lot
    $546,300 Zestimate®
    $702/sqft
    $-- HOA

    What's special

    Open-concept layoutInviting living spaceSpacious front porchWell-appointed kitchenDining area
    Welcome to ''Surf Bungalow 27,'' your private slice of paradise at the premier Margaritaville Beach Cottage Resort on Front Beach Road--one of the most sought-after Gulf-front communities in Panama City Beach. This posh 1-bedroom + mezzanine cottage showcases the highly desirable ''Surf's Up'' floor plan, offering 816 square feet--the largest of the Surf Bungalow layouts. With only 14 of 42 bungalows built in this configuration--this property presents a rare opportunity for both ownership and investment. Thoughtfully designed for comfort and functionality, the home features a main-level primary suite with a king bed and private ensuite bath, along with a spacious mezzanine offering full-over-full built-in bunk beds and its own private bath. The open-concept layout includes a well-appointed kitchen, dining area, and inviting living space, all professionally furnished and completely turnkey. Enjoy outdoor living on the spacious front porch, surrounded by lush tropical landscaping for added privacy. Ideally positioned within the community, ''Surf Bungalow 27'' is among the closest units to the clubhouse and pool--enhancing both convenience and rental appeal. Resort-style amenities elevate the experience, including nearly 600 feet of private beach access, a zero-entry resort pool, two waterslides, a lazy river, and exclusive access to the resort clubhouse featuring a fitness center, arcade, activity center, conference space, and the popular License to Chill Bar & Restaurant. With strong rental potential and bookings already secured for 2026, ''Surf Bungalow 27'' is a true turnkey investment offering both income potential and an exceptional coastal lifestyle. Don't miss this rare opportunity to own one of the most desirable properties in Panama City Beach.
    115 days
    |
    182
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Phillip E Smith 850-775-7889,

    The Premier Property Group

    Source: CPAR,MLS#: 788484MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Kitchen, Loft, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 9.9 x 11.11
      Kitchen
      • Description: Kitchen/Dining room
      • Level: First
      • Dimensions: 15 x 9.2
      Living room
      • Level: First
      • Dimensions: 15 x 12.7
      Loft
      • Level: Second
      • Dimensions: 9.9 x 12.3
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Cooktop, Ice Maker, Tankless Water Heater
      Features
      • Interior Steps, Loft
      • Windows: Storm Window(s)
      Interior area
      • Total structure area: 816
      • Total interior livable area: 816 sqft

      Property

      Parking
      • Parking features: Additional Parking, Paved, Parking Lot
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Porch
      • Pool features: Community
      • On waterfront: Yes
      Lot
      • Features: Paved
      Details
      • Parcel number: 40001605027
      • Zoning description: Resid Single Family, Resort
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type
      • Foundation: Pillar/Post/Pier
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available, Phone Connected, Phone Available

      Community & HOA

      Community
      • Features: Beach, Clubhouse, Elevator, Fitness Center, Game Room, Pool, Shopping, Waterfront, Community Pool, Short Term Rental Allowed
      • Security: 24 Hour Security, Security Guard, Smoke Detector(s), Security Service
      • Subdivision: Margaritaville Cottages
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Game Room
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $702/sqft
      • Tax assessed value: $130,096
      • Annual tax amount: $5,104
      • Date on market: 4/16/2026
      • Cumulative days on market: 115 days
      • Electric utility on property: Yes

        Estimated market value

        $546,300

        $519,000 - $574,000

        $2,195/mo

        Price history

        DateEventPrice
        4/16/2026Listed for sale$572,500+10.1%$702/sqft
        Source: CPAR #788484 Report a problem
        9/7/2024Sold$520,000$637/sqft
        Source: ECAOR #955314 Report a problem
        6/8/2024Pending sale$520,000$637/sqft
        Source: CPAR #758316 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,629 $130,096
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32413

        Getting around

        40 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hutchison Beach
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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