8937 Gypsy Palace Court, Panama City Beach, FL 32413

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Sold Price
$839,900
List Price
$839,900
Closing Date
May 21, 2026
MLS#
788811
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
4
Lot Size
11,500
Neighborhood
Bay North - West Bay

Property Description

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Welcome to one of the MOST sought-after homesites in Latitude Margaritaville Watersound! Located in desirable Phase 7, this exceptional Island Collection Trinidad Bay home is perfectly positioned on a rare, oversized pie-shaped cul-de-sac lot--offering added privacy, space, and premium curb appeal that is hard to find. This beautifully designed home features 3 bedrooms, 3.5 baths, plus a spacious den/office, providing the perfect blend of comfort and flexibility for everyday living and entertaining. Inside, you'll find tile flooring throughout, creating a seamless, low-maintenance coastal aesthetic. The gourmet kitchen is thoughtfully upgraded with a gas range, quartz countertops, soft-close cabinetry, pull-out trash system, and a large walk-in pantry, making it both functional and stylish for the home chef. The open-concept layout flows effortlessly into the main living and dining areas, ideal for hosting guests and enjoying the Latitude lifestyle. The primary suite is a true retreat featuring a luxuriously upgraded en-suite bath with a rain shower system, while one of the secondary baths also include upgraded rain shower fixtures, ensuring comfort for family and guests alike. Additional highlights include: 3-car garage with epoxy flooring and upgraded garage door opener, Fully equipped laundry room with abundant cabinetry, counter space, and utility sink Whole-house generator added post-closing for peace of mind. Hurricane impact windows, doors, and garage door. Step outside and enjoy your expansive homesite with an extended screened lanai, perfect for creating your dream outdoor living space, with room for a future pool and plenty of space between neighbors. Living in Latitude Margaritaville Watersound means embracing a resort-style, 55+ active adult lifestyle unlike any other on the Emerald Coast. Residents enjoy world-class amenities including a state-of-the-art fitness center, resort-style pools, pickleball and tennis courts, live entertainment, on-site dining, walking and biking trails, and a vibrant social calendar. Located just minutes from the white sugar sand beaches, and with a new Publix, shopping, dining, and a future marina and hospital nearby, convenience meets coastal living. This is a rare opportunity to own a premium homesite with a highly upgraded home in one of the most desirable communities in Northwest Florida. Schedule your private showing today and start living the Latitude lifestyle!

Additional Information

Acres
0.26
Appliances
Gas Range, Gas Water Heater, Tankless Water Heater
Elementary School
West Bay
Exterior Features
Porch, Rain Gutters
High School
Arnold
Interior Features
Coffered Ceiling(s), Smart Thermostat, Home Theater
Lot Dimensions
45x131
Lot Features
Cul-De-Sac, Sprinkler System, Paved
Middle School
Surfside
Neighborhood
Bay North - West Bay
Project Facilities
Basketball Court, Business Center, Fitness Center, Media Room, Pool, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
Stories
1
Subdivision
Latitude at Watersound
Utilities
Electricity Available, High Speed Internet Available, Underground Utilities
Year Built
2025
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Selling Office: Coldwell Banker Realty.