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Sold for $410,000
  • $410,000

    8722 Pencil Thin Ave, Panama City Beach, FL 32413

    2beds
    1,383sqft
    Single Family Residence
    Built in 2024
    3,500 Square Feet Lot
    $405,800 Zestimate®
    $296/sqft
    $2,735 Estimated rent

    Home value

    $405,800

    $369,000 - $446,000

    $2,735/mo

    Zestimate® history
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    What's special

    Large islandCeramics shopWood-working workshopQuartz-top vanitiesQuartz countertopsGas rangeCustom built-in buffet
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sheryl Lewis 770-316-3334,

    Coldwell Banker Realty

    Bought with:

    Robert McGuigan, 3395126

    Watersound Real Estate

    Source: CPAR,MLS#: 775832MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Den, Dining Room, Family Room, Garage, Primary Bedroom, Porch
    Primary bedroom
    • Level: First
    • Dimensions: 13.3 x 12.3
    Bedroom
    • Level: First
    • Dimensions: 12.6 x 10.11
    Den
    • Level: First
    • Dimensions: 11.9 x 8.2
    Dining room
    • Level: First
    • Dimensions: 12.6 x 11.9
    Family room
    • Level: First
    • Dimensions: 17.1 x 15
    Garage
    • Level: First
    • Dimensions: 20.9 x 20
    Porch
    • Level: First
    • Dimensions: 17 x 9.4
    Heating
    • Central, Electric, Forced Air, Heat Pump
    Cooling
    • Central Air, Ceiling Fan(s), Heat Pump
    Appliances
    • Included: Gas Range, Water Purifier Owned
    Features
    • Smart Thermostat, Home Theater
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 1,383
    • Total interior livable area: 1,383 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, Gated
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Exterior features: Rain Gutters
    • Pool features: Community
    • Spa features: Community
    • On waterfront: Yes
    Lot
    • Size: 3,500 Square Feet
    • Dimensions: 35 x 100
    • Features: Sprinkler System, Paved
    Details
    • Parcel number: 32503650550
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type, Steel Frame, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, High Speed Internet Available, Underground Utilities

    Community & HOA

    Community
    • Features: Barbecue, Basketball Court, Business Center, Fitness Center, Media Room, Pool, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
    • Security: Carbon Monoxide Detector(s), Firewall(s), Gated Community, Security Gate, Smoke Detector(s)
    • Senior community: Yes
    • Subdivision: Latitude at Watersound
    HOA
    • Has HOA: Yes
    • Amenities included: Business Center, Gated, Barbecue, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $296/sqft
    • Tax assessed value: $40,000
    • Annual tax amount: $494
    • Date on market: 7/3/2025
    • Cumulative days on market: 205 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/2/2026Sold$410,000-4.5%$296/sqft
    Source: CPAR #775832 Report a problem
    1/25/2026Pending sale$429,500$311/sqft
    Source: CPAR #775832 Report a problem
    12/30/2025Price change$429,500-1.8%$311/sqft
    Source: CPAR #775832 Report a problem
    10/18/2025Price change$437,500-2%$316/sqft
    Source: CPAR #775832 Report a problem
    8/22/2025Price change$446,400-0.8%$323/sqft
    Source: CPAR #775832 Report a problem
    7/3/2025Listed for sale$449,900+11.9%$325/sqft
    Source: CPAR #775832 Report a problem
    11/7/2024Sold$402,200$291/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$494 $40,000 +3301.4%
    2023-- $1,176
    Find assessor info on the county website

    Neighborhood: 32413

    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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    $405,800
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $405,800
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    +$8,116
    With Zillow Showcase(estimated)
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