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Sold for $386,400
  • $386,400

    8727 Pencil Thin Ave, Panama City Beach, FL 32413

    2beds
    1,456sqft
    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $265/sqft
    $3,292 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,292/mo

    Zestimate® history
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    What's special

    Tennis courtsBasketball courtsExtra space denOutdoor recreational poolWasher and dryerPickleball courtsGas stovetop with oven
    Welcome to Margaritaville at Watersound, a 55+ community in Florida's coveted Emerald Coast that embodies a relaxed and beachy vibe! This furnished home is the largest floor plan of all the Cottages with extra space DEN, and will be delivered brand new. All major appliances included: refrigerator, dishwasher, washer and dryer, gas stovetop with oven and a microwave. Air Conditioning and ceiling fans are found throughout the home. The kitchen is open concept, and melds with the living room/dining room. The community amenities offer resort style living. The Clubhouse and Town Square are the focal community gathering points. Live music and entertainment, fitness facilities, indoor lap pool with whirlpool, outdoor recreational pool, tennis courts, pickleball courts, basketball courts, ping pong, pool tables, cornhole, bocce ball, restaurants, grilles and bars, spin room, aerobic room. The home will be delivered furnished. Lease Length and Rental Rate: 6-month lease rate: $2600/mo, 1 months rent as deposit 1-year lease rate: $2500/mo, 1 months rent as deposit No lease length less than 6 months Tenant Screening & Prequalification 55+ Community: At least 1 tenant must be 55+ years old 700+ Credit Score Pets are negotiable: No cats Pet deposit, if applicable: $250/dog Move In Cost: 1 months rent as deposit + first full months rent. Due after lease signing to secure the home. Call or email to inquire. To prequalify or apply, download the RentRedi app from Google Play or the App Store. For applying through the RentRedi mobile app, please follow these steps: Step 1. Tap the "Apply" button. Step 2. Click the "+" icon. Step 3. Select whether you're prequalifying or applying. Step 4. Enter in your unit code: PJP-368. Step 5. Click "Enter Information" and answer the questions. Step 6. Click "Send" to submit to the landlord. This property is using RentRedi for rent payments. With RentRedi, you can easily submit rent payments, boost your credit by reporting rent payments, sign up for affordable renters insurance, and more from the app!

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Ceiling Fan
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s)
    • Windows: Window Coverings
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,456 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Covered
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Porch
    • Exterior features: Barbecue, Basketball Court, Sports Court, Sprinkler System, TV Lounge, Tennis Court(s)
    • Pool features: Pool
    • Spa features: Jetted Bathtub
    Details
    • Parcel number: 32503650616

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Features: Fitness Center, Gated, Pool, Tennis Court(s)
    • Security: Gated Community
    • Deposit fee: $2,500
    HOA
    • Amenities included: Basketball Court, Fitness Center, Pool, Sport Court, Tennis Court(s)
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $265/sqft
    • Tax assessed value: $40,000
    • Annual tax amount: $494
    • Date on market: 7/10/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    5/6/2026Listing removed$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    12/26/2025Price change$2,500-16.7%$2/sqft
    Source: Zillow Rentals Report a problem
    10/10/2025Price change$3,000-9.1%$2/sqft
    Source: Zillow Rentals Report a problem
    9/3/2025Price change$3,300+17.9%$2/sqft
    Source: Zillow Rentals Report a problem
    7/10/2025Listed for rent$2,800$2/sqft
    Source: Zillow Rentals Report a problem
    6/20/2025Sold$386,400-3.7%$265/sqft
    Source: Public Record Report a problem
    3/15/2025Listed for sale$401,369$276/sqft
    Source: Minto Communities 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
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