140 Paradise Found Circle # 32, Panama City Beach, FL 32413

$525,000
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 816 Status: Sold
Current Price: $530,000 List Date: 1/24/2026 Last Modified: 4/23/2026

Description

''Surf Bungalow 32'' is your little piece of paradise located at the new Margaritaville Beach Cottage Resort on Front Beach Road. Margaritaville Beach Cottage Resort is the preeminent gulf front resort in ALL of Panama City Beach! ''Surf Bungalow 32'' is a NEW one bedroom cottage with a spacious mezzanine area with two full-size bunks, perfectly designed to fit your every need. ''Surf Bungalow 32'' is the highly desired ''Surfs Up'' floor plan, and it's the only ''Surfs Up' floor plan that's available for purchase. The Surfs Up floor plan is the largest floor plan for the Surf Bungalows at 816 square feet!! 'Surfs Up'' floor plans are rarely available, so don't miss your opportunity to own this spacious beach bungalow. Only 14 of the 42 Surf Bungalows boast the ''Surfs Up'' floor plan.

Supplements: The primary ensuite on the main floor features a king bed with a private bath, and the mezzanine area on the 2nd floor offers full over full built-in bunk beds and a private bath. You will enjoy the spacious kitchen, comfortable dining area, and open living floor plan. ''Surf Bungalow 32'' arises expertly designed and completely furnished from top to bottom. In addition, there's a large front porch, lush tropical landscape, a perfect location for privacy, and close proximity to ''Surf Bungalow 32's'' designated parking space and unassigned parking for your guests. The resort offers the finest in Panama City Beach vacation experiences for the entire family, with nearly 600 feet of private beach access, a massive resort pool with zero entry access, two amusement park grade waterslides, a lazy river, and so much more! I addition, you have exclusive access to the Margaritaville Beach Cottage Resort Clubhouse, which features a vast fitness center, an enormous arcade, activities center, conference center, License to Chill Bar & Restaurant, and much more. ''Surf Bungalow 32'' is a vacation rental that's the epitome of turnkey with reservations on the books for 2026. Don't miss your opportunity to experience everything the Margaritaville lifestyle has to offer!

More Information MLS# 993667

Status Change Info

Sold Price/SqFt: 643.38 Status: Sold Under Contract Date: 2026-03-13 Sold Date: 2026-04-23 Sold Price: $525,000

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 649.51 List Date: 2026-01-24 Current Price: $525,000 List Price: $530,000

Location, Tax and Legal

Unit #: # 32 Sub Area: 2720 - Beach - Middle Central Elementary School: Hutchinson Beach Middle School: Surfside High School: Arnold Legal Description: SURF BUNGALOW AT MARGARITAVILLE BEACH COTTAGE RESORT UNIT #32 ORB 4820 P 906

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: Building Plan Garage: No Carport: No Assigned Spaces: 1 Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 816 Bedrooms: 1 Full Baths: 2 Total Bathrooms: 2 # Stories: 2 Year Built: 2024

Listing Info, Tax & Legal

Who Paid Doc Stamps: Seller Who Paid Title: Seller Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 2068 Annual Assessment Amount: 8272 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 6200 New Buyer Fee Paid: $ Last Taxes: 5104.45 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: ''Surf Bungalow 32'' is your little piece of paradise located at the new Margaritaville Beach Cottage Resort on Front Beach Road. Margaritaville Beach Cottage Resort is the preeminent gulf front resort in ALL of Panama City Beach! ''Surf Bungalow 32'' is a NEW one bedroom cottage with a spacious mezzanine area with two full-size bunks, perfectly designed to fit your every need. ''Surf Bungalow 32'' is the highly desired ''Surfs Up'' floor plan, and it's the only ''Surfs Up' floor plan that's available for purchase. The Surfs Up floor plan is the largest floor plan for the Surf Bungalows at 816 square feet!! 'Surfs Up'' floor plans are rarely available, so don't miss your opportunity to own this spacious beach bungalow. Only 14 of the 42 Surf Bungalows boast the ''Surfs Up'' floor plan.

Construction Status

Construction Complete: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Corner: 1 Sidewalk: 1 Within 1/2 Mile to Water: 1

Project Facilities

Beach: 1 Community Room: 1 Deed Access: 1 Dumpster: 1 Elevators: 1 Exercise Room: 1 Game Room: 1 Gated Community: 1 Laundry: 1 Pool: 1 Short Term Rental - Allowed: 1 TV Cable: 1 Waterfront: 1

Construction/Siding

Foundation On Piling: 1 Roof Metal: 1 Siding CmntFbrHrdBrd: 1

Utilities

Community Sewer: 1 Community Water: 1 Electric: 1 Gas - Natural: 1 Phone: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Patio Covered: 1

Interior

Ceiling Vaulted: 1 Floor Vinyl: 1 Furnished - All: 1 Hallway Bunk Beds: 1 Wet Bar: 1

Financing

Conventional: 1 Seller Pays Cls Cost: 1

Appliances

Dishwasher: 1 Freezer: 1 Ice Machine: 1 Microwave: 1 Refrigerator: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Smooth Stovetop Rnge: 1 Warranty Provided: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Insulated Floors: 1 Water Heater - Gas: 1

Mstr Bdrm/Mstr Bath

MBath Separate Shwr: 1 MBath Tile: 1 MBed First Floor: 1

Master Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Kitchen: 1 Living Room: 1 Loft: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Advertising: 1 Ground Keeping: 1 Internet Service: 1 Legal: 1 Management: 1 Master Association: 1 Recreational Faclty: 1 Security: 1 Sewer: 1 Telephone: 1 Trash: 1 TV Cable: 1 Water: 1

Location Tax and Legal

Area: 27 - Bay County Street #: 140 Street Name: Paradise Found Street Suffix: Circle State: FL Zip Code: 32413 County: Bay Project Name/Subdivision: Margaritaville Cottages Parcel ID: 40001-605-032

Property Features

Construction Status: Construction Complete Lot Features: Corner; Sidewalk; Within 1/2 Mile to Water Zoning: Resid Single Family Project Facilities: Beach; Community Room; Deed Access; Dumpster; Elevators; Exercise Room; Game Room; Gated Community; Laundry; Pool; Short Term Rental - Allowed; TV Cable; Waterfront Exterior: Patio Covered Interior: Ceiling Vaulted; Floor Vinyl; Furnished - All; Hallway Bunk Beds; Wet Bar Appliances: Dishwasher; Freezer; Ice Machine; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Warranty Provided Utilities: Community Sewer; Community Water; Electric; Gas - Natural; Phone; TV Cable Energy: AC - Central Elect; Ceiling Fans; Insulated Floors; Water Heater - Gas Master Bedroom: First Kitchen: First Living Room: First Rooms: Kitchen; Living Room; Loft; Master Bedroom Financing: Conventional; Seller Pays Cls Cost Fees Include: Accounting; Advertising; Ground Keeping; Internet Service; Legal; Management; Master Association; Recreational Faclty; Security; Telephone; Trash; TV Cable; Water

Room Information

Master Bedroom Level: First Dimensions: 9.9 x 11.11 Length: 9.90 Width: 11.11 Remarks: Primary en suite Dimensions: 9.9 x 11.11 Loft Level: Second Dimensions: 9.9 x 12.3 Length: 9.90 Width: 12.30 Remarks: Double bunks in mezzanine area Dimensions: 9.9 x 12.3 Living Room Level: First Dimensions: 15 x 12.7 Length: 15.00 Width: 12.70 Remarks: Family room Dimensions: 15 x 12.7 Kitchen Level: First Dimensions: 15 x 9.2 Length: 15.00 Width: 9.20 Remarks: Kitchen and dining room Dimensions: 15 x 9.2
Listing Office: The Premier Property Group Seacrest Office
Last Updated: April - 23 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.