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For sale
  • Price cut: $25K (8/1)
    $699,900

    8701 Lime Dr, Panama City Beach, FL 32413

    3beds
    2,549sqft
    : 
    $4,750/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    9,147 Square Feet Lot
    $680,200 Zestimate®
    $275/sqft
    $353/mo HOA

    What's special

    Quartz countertopsCustom-designed laundry roomCustom accent wallCustom coastal-inspired feature wallDesigner range hoodLaundry sinkAdditional refrigerator
    Significant price improvement! Must See! Welcome to this exceptional Trinidad Bay home in sought-after Phase 4 of Latitude Margaritaville Watersound, ideally situated on a beautiful private preserve lot along a quiet street comprised exclusively of Island Collection homes. This stunning residence offers thoughtfully designed spaces, extensive post-closing upgrades, and effortless indoor-outdoor living. Step inside through a soaring two-story foyer highlighted by a custom coastal-inspired feature wall that sets the tone for the elegant finishes found throughout the home. The heart of the home is the gourmet kitchen, designed for both everyday living and entertaining, featuring upgraded cabinetry, quartz countertops, custom tile backsplash, designer range hood, wall oven and microwave, and an oversized island perfect for gatherings. The open concept layout flows seamlessly into a spacious dining room with a striking electric fireplace and custom accent wall, while the expansive living room boasts soaring cathedral ceilings and a dramatic wall of sliding glass doors that connect the interior to the outdoor living space. A private den/office offers additional versatility and features a custom built-in bar with cabinetry and wine cooler, perfect for entertaining guests. The luxurious primary suite offers a relaxing retreat with a spa-inspired bath and custom closets, while two additional guest bedrooms each feature their own en-suite baths, providing comfort and privacy for visitors. The custom-designed laundry room is truly exceptional, featuring abundant cabinetry, a laundry sink, a built-in butler's pantry, and an additional refrigerator. Enjoy Florida living on the extended screened lanai overlooking the peaceful preserve, the perfect setting for sunset views and evening cocktails. Outdoor furniture may convey with an acceptable offer. Additional highlights include: • 3-car garage with high-quality workshop • RevWood by Mohawk laminate flooring throughout main living areas • Casablanca ceiling fans and designer lighting throughout • Electronic remote shades • Custom feature walls in foyer and dining room • Higher-level and custom cabinetry throughout the home Many of these impressive upgrades were completed after closing, creating a home that feels truly one-of-a-kind. The property is priced below recent appraised value, presenting an incredible opportunity. Located in the award-winning Latitude Margaritaville Watersound, residents enjoy world-class amenities including a private restaurant and bar, resort-style Paradise Pool, state-of-the-art Latitude Town Center, fitness center, pickleball and tennis courts, Barkaritaville Dog Park, live entertainment at the Bandshell, theater, wood-working shop, ceramics studio, walking and biking trails, and a full calendar of concerts, events, and social clubs. Exciting growth continues nearby with a new hospital under construction and future commercial development including a Publix grocery store and additional shopping and dining options. And best of all, the white sugar-sand beaches of the Gulf are just 7 miles away. Experience the best of coastal resort living in Latitude Margaritaville Watersound, where every day feels like a vacation.
    145 days
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    641
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    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Sheryl Lewis 770-316-3334,

    Coldwell Banker Realty

    Source: CPAR,MLS#: 786805MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Den, Dining Room, Family Room, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 14 x 17.2
      Bedroom
      • Description: bedroom #2
      • Level: First
      • Dimensions: 12.4 x 11.1
      Bedroom
      • Description: bedroom #3
      • Level: First
      • Dimensions: 11.2 x 12
      Den
      • Level: First
      • Dimensions: 12.6 x 13.3
      Dining room
      • Level: First
      • Dimensions: 13 x 20.3
      Family room
      • Level: First
      • Dimensions: 16.4 x 16.3
      Living room
      • Level: First
      • Dimensions: 11.8 x 20.3
      Heating
      • Central, Electric, Fireplace(s), Heat Pump
      Cooling
      • Central Air, Ceiling Fan(s), Heat Pump
      Appliances
      • Included: Electric Cooktop, Electric Oven, Gas Water Heater, Tankless Water Heater
      Features
      • Double Vanity, Main Level Primary, Smart Thermostat, Walk-In Closet(s), Home Theater
      • Windows: Double Pane Windows
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 2,549
      • Total interior livable area: 2,549 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch, Screened
      • Exterior features: Porch, Rain Gutters
      • Pool features: Community
      • Spa features: Community
      • On waterfront: Yes
      Lot
      • Size: 9,147 Square Feet
      • Dimensions: 70 x 131
      • Features: Sprinkler System, Paved
      Details
      • Parcel number: 32503350344
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Wood Frame
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Basketball Court, Business Center, Fitness Center, Gated, Media Room, Pool, Tennis Court(s), Waterfront, Short Term Rental Allowed
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Senior community: Yes
      • Subdivision: Latitude at Watersound
      HOA
      • Has HOA: Yes
      • Amenities included: Gated, Spa/Hot Tub
      • Services included: Association Management, Fitness Facility, Legal/Accounting, Maintenance Grounds, Pool(s), Recreation Facilities, Tennis Courts
      • HOA fee: $353 monthly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $275/sqft
      • Tax assessed value: $506,759
      • Annual tax amount: $7,311
      • Date on market: 3/14/2026
      • Cumulative days on market: 146 days
      • Electric utility on property: Yes

        Estimated market value

        $680,200

        $646,000 - $714,000

        $4,129/mo

        Price history

        DateEventPrice
        8/1/2026Price change$699,900-3.4%$275/sqft
        Source: CPAR #786805 Report a problem
        6/6/2026Price change$724,900-3.3%$284/sqft
        Source: CPAR #786805 Report a problem
        4/16/2026Price change$749,500-5.7%$294/sqft
        Source: CPAR #786805 Report a problem
        2/6/2026Listed for sale$795,000+6%$312/sqft
        Source: My State MLS #11644207 Report a problem
        4/26/2024Sold$750,000+0%$294/sqft
        Source: ECAOR #935940 Report a problem
        4/4/2024Pending sale$749,9000%$294/sqft
        Source: ECAOR #935940 Report a problem
        4/4/2024Contingent$749,999+0%$294/sqft
        Source: CPAR #747000 Report a problem
        4/1/2024Price change$749,9000%$294/sqft
        Source: ECAOR #935940 Report a problem
        3/25/2024Price change$749,999-6.3%$294/sqft
        Source: CPAR #747000 Report a problem
        3/4/2024Price change$799,999-2.4%$314/sqft
        Source: CPAR #747000 Report a problem
        2/26/2024Listing removed--
        Source: CPAR #749399 Report a problem
        2/20/2024Price change$820,000-2.4%$322/sqft
        Source: ECAOR #935940 Report a problem
        2/17/2024Price change$839,900-1.2%$330/sqft
        Source: ECAOR #935940 Report a problem
        11/23/2023Price change$849,900-2.3%$333/sqft
        Source: ECAOR #935940 Report a problem
        11/20/2023Listed for rent$4,800$2/sqft
        Source: CPAR #749399 Report a problem
        11/4/2023Price change$869,999-2.2%$341/sqft
        Source: CPAR #747000 Report a problem
        10/23/2023Price change$889,900-0.7%$349/sqft
        Source: CPAR #747000 Report a problem
        10/9/2023Price change$895,900-0.5%$351/sqft
        Source: CPAR #747000 Report a problem
        9/22/2023Listed for sale$899,999+49.3%$353/sqft
        Source: CPAR #747000 Report a problem
        9/19/2023Sold$602,700$236/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,298 +1563.6%$506,759 +1576.3%
        2023$379 $30,231 +1561%
        2022-- $1,820
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Bay
        • 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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