Address
140 Paradise Found Circle # 25, Panama City Beach, FL
Price
$ 574,900
Property Attributes
- MLS#1000761
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodMargaritaville Cottages
- Zip32413
- StyleBeach House
- Year Built2024
- Taxes$ 5104
- Price$ 574,900
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage816
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Welcome to ''Surf Bungalow 25,'' 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--and this being the only one currently available--this property presents a rare opportunity for both ownership and investment. Thoughtfully designed for comfort and functionality, this 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. Positioned in one of the most desirable spots in the community, Surf Bungalow 25 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 25'' 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchinson Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 4/16/2026 | Listed $574,900 |
General Features
| Utilities | Electric,Gas - Natural,Public Water,TV Cable |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| Community Features | Short Term Rental - Allowed,Beach,Community Room,Deed Access,Dumpster,Elevators,Exercise Room,Game Room,Pool,TV Cable,Waterfront |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | Margaritaville Cottages |
| Status | Active |
| Buyer Financing | Conventional |
| Directions | Heading west on Front Beach Road turn right into the Margaritaville Beach Cottage Resort entrance. Make a right at stop sign onto Banana Wind Way and follow Banana Wind Way past the clubhouse and 140 Paradise Found Circle (Surf Bungalow 25) will be the second home to your right. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Elementary School | Hutchinson Beach |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 2720 - Beach - Middle Central |
| Standard Status | Active |
| Sewer | Public Sewer |
| Tax Assessed Value | 1880 |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Patio/Porch Features | Patio Covered,Porch |
| Architectural Style | Beach House |
| Construction Materials | Siding CmntFbrHrdBrd |
| Year Built | 2024 |
| Stories Count | 2 |
| Tax Year | 2025 |
| New Construction | false |
| Total Rooms | 4 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Accounting,Ground Keeping,Internet Service,Master Association,Recreational Faclty,Security,Sewer,Telephone,Cable TV,Trash |
| Pool Features | Pool Type |
| Unit Number | # 25 |
| HOA | true |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Ceiling Vaulted,Lighting Recessed,Wet Bar |
| Flooring | Floor Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatment All |
| Furnished Y/N | Furnished - All |
Exterior Features
| Lot Features | Within 1/2 Mile to Water |
|---|---|
| Lot Dimensions | 0x0 |
| Road Surface Type | Paved |
| Road Frontage Type | Private Road |
| Foundation Details | Foundation On Piling |
| Building Area Total | 816 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32413
Price
Taxes
Year Built
In The Neighborhood
Water Views
Panama City Beach
$ 1,850,000
- Type
- Single Family
- Size
- 2,943 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Waterfront
Panama City Beach
$ 3,695,000
- Type
- Single Family
- Size
- 3,990 SqFt
- Rooms
- 6 Beds + 6.5 Baths
Water Views
Panama City Beach
$ 2,190,000
- Type
- Single Family
- Size
- 3,176 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
