CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS.Coastal charm meets premium upgrades in this beautiful Aloha Cottage, perfectly positioned on a rare oversized lot with stunning pond and green space views! Located in the highly sought-after Latitude Margaritaville Watersound, just 7 miles from the beach, this 2-bedroom, 2-bath home with a den/flex room offers the ideal blend of relaxed luxury and coastal living.Step inside to find soaring cathedral beamed ceilings in the living and dining areas, highlighted by recessed lighting, custom fixtures, and a striking feature wall. The gourmet kitchen is a showstopper with quartz countertops, a tile backsplash, gas range, 42'' upgraded cabinetry with pull-outs, upgraded facet, undercabinet lighting, and a spacious island--perfect for entertaining.Enjoy rich Revwood by Mohawk laminate floors throughout, elegant plantation shutters, and 8-foot doors that add a sense of grandeur. The luxurious primary suite includes a spa-inspired tile shower with frameless glass, upgraded linen cabinet, quartz counters, and stylish hardware.The guest bedroom is conveniently located next to a highly upgraded full bath, while the den/flex space offers versatility for work or relaxation. Plantation shutters throughout, an oversized laundry room with built-in cabinetry and a garage featuring epoxy floors, additional garage insulation, utility sink and a smart opener with camera complete the package.Relax on your screened-in porch with custom bali shades, epoxy floor and take in breathtaking sunsets over the pond--coastal living at its finest!The 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, workshop, ceramics shop and more. A future public marina and commercial area are planned with grocery store, shopping and dining. Home has a builders Master Care Warranty and a 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! Must see this picture perfect home and community! The lifestyle of this beautiful coastal community awaits you!Some of these beautiful furnishings will be negotiable.
Under contract
Price cut: $10K (7/21)
$489,000
8586 Dreams Float Ct, Panama City Beach, FL 32413
2beds
1,481sqft
Est.:
Single Family Residence
Built in 2024
3,850 Square Feet Lot
$479,500 Zestimate®
$330/sqft
$339/mo HOA
What's special
Stylish hardwareSpacious islandQuartz countersQuartz countertopsScreened-in porchGas rangeCustom fixtures
- 32 days
- on Zillow |
- 754 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 05:44am
Listed by:
Sheryl Lewis 770-316-3334,
Coldwell Banker Realty
Source: CPAR,MLS#: 776043
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Den, Dining Room, Garage, Living Room, Primary Bedroom, Screened Porch
Primary bedroom
- Level: First
- Area: 167.4
- Dimensions: 12.4 x 13.5
Bedroom
- Level: First
- Area: 135.42
- Dimensions: 12.2 x 11.1
Den
- Level: First
- Area: 107.12
- Dimensions: 10.4 x 10.3
Dining room
- Level: First
- Area: 126.88
- Dimensions: 12.2 x 10.4
Garage
- Level: First
- Area: 408
- Dimensions: 20.4 x 20
Living room
- Level: First
- Area: 159.82
- Dimensions: 12.2 x 13.1
Screened porch
- Level: First
- Area: 162
- Dimensions: 18 x 9
Heating
- Central, Electric, Forced Air, Heat Pump
Cooling
- Central Air, Ceiling Fan(s), Electric, Heat Pump
Appliances
- Included: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater, Washer
Features
- Beamed Ceilings, Cathedral Ceiling(s), High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Shutters, Smart Thermostat
- Windows: Double Pane Windows, Plantation Shutters
Interior area
- Total interior livable area: 1,481 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Attached, Garage
- Attached garage spaces: 2
Features
- Patio & porch: Porch, Screened
- Exterior features: Sprinkler/Irrigation, Porch, Rain Gutters
- Pool features: None, Community
- Spa features: Community
- Waterfront features: See Remarks
Lot
- Size: 3,850 Square Feet
- Dimensions: 35 x 110
- Features: Landscaped
Details
- Parcel number: 32503500130
- 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
- Utilities for property: Cable Connected, High Speed Internet Available, Trash Collection, Underground Utilities
Community & HOA
Community
- Features: Basketball Court, Business Center, Dog Park, Fitness Center, Pickleball, Pool, Recreation Area, Restaurant, Short Term Rental Allowed, Tennis Court(s), Trails/Paths, Waterfront, Gated, Sidewalks
- Security: Carbon Monoxide Detector(s), Firewall(s), Gated Community, Smoke Detector(s)
- Senior community: Yes
- Subdivision: Latitude at Watersound
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Association Management, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Sprinkler, Tennis Courts
- HOA fee: $339 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $40,000
- Annual tax amount: $494
- Date on market: 7/9/2025
- Road surface type: Paved
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