140 Paradise Found Circle 2, Panama City Beach, FL 32413 (MLS# 794038)


$545,000
140 Paradise Found Circle 2
Panama City Beach, FL 32413
MLS# 794038
1 beds  |  2 baths  |  768 sqft


Surf Bungalow 2
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Property Description
Turnkey, fully furnished, and rental-ready, this charming Surf Bungalow offers an exceptional opportunity to own in one of Panama City Beach's premier resort destinations. Whether you're looking to expand your vacation rental portfolio, enjoy a second home with income potential, or both, this beautifully appointed cottage delivers the perfect combination of style, comfort, and resort living. Designed to maximize both space and guest experience, the popular Longboard floor plan features soaring vaulted shiplap ceilings, abundant natural light, an open-concept living area, and coastal-inspired finishes throughout. The main level offers a spacious king bedroom and full bath, while the upstairs sleeping loft with built-in full-over-full bunk beds and an additional full bath comfortably accommodates families and larger groups, making this home especially appealing for vacation rentals. Guests will love gathering in the bright, airy living room, preparing meals in the well-equipped kitchen with quartz countertops and stainless appliances, or relaxing on the oversized covered front porch after a day at the beach. Every detail has been thoughtfully designed to create an unforgettable beach getaway while maximizing occupancy and rental appeal. Located within Margaritaville Beach Cottage Resort, owners and guests enjoy access to an incredible collection of resort amenities including a spectacular oasis pool, heated 425-foot lazy river, exciting waterslides, private beach access with approximately 580 feet of dedicated beachfront, poolside cabanas, multiple on-site dining options including License to Chill Bar & Grill and Salty Rim Bar, Joe Merchant's coffee and market, fitness center, arcade, live entertainment, and year-round activities for all ages. Ideally positioned within the resort, this cottage offers easy access to the community amenities while providing a peaceful place to unwind after a day in the Florida sunshine. Whether your guests spend the day floating the lazy river, relaxing on the sugar-white sand beach, enjoying live music by the pool, or simply unwinding on the inviting front porch, this is more than a vacation home--it's an investment in one of Panama City Beach's most sought-after resort communities. Offered fully furnished and turnkey, this Surf Bungalow is ready to begin creating memories--and generating income--from day one.

Details
Maps
General Property Info
Acreage: 0
Design: Bungalow
Lot Size (SqFt): 0
Apx SqFt(Htd/Cooled): 768
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 0
Accessory Dwelling Unit: No
Lot Dimensions: 0x0
New Construction: Yes
Garage Y/N: No
Assigned Spaces: 1
Pool: Yes
Pool Type: Community
Sub-Type: Detached Single Family
Bedrooms: 1
Full Baths: 2
Total Baths: 2
Year Built: 2024
Contract Info
List Price/SqFt: 709.64
Status: Active
List Date: 2026-08-14
List Price: $545,000
Current Price: $545,000
Location
Unit #: 2
Sub Area: 0320 - Beach - Middle Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: Front beach East from Pier Park. Margaritaville Cottages are on the left hand side, before the Y
Area: 03 - Bay County - Beach
Street #: 140
Street Name: Paradise Found
Street Suffix: Circle
State: FL
Zip Code: 32413
County: Bay
Subdivision: Margaritaville Cottages
Parcel ID: 40001-605-002
Legal Description: SURF BUNGALOW AT MARGARITAVILLE BEACH COTTAGE RESORT UNIT #2 ORB 4815 P 1445
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 2068
HOA Frequency: Quarterly
HOA Annual Amount: 8272
New Buyer Fee: Yes
New Buyer Fee Amt: 6200
Last Taxes: 5008.76
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Turnkey, fully furnished, and rental-ready, this charming Surf Bungalow offers an exceptional opportunity to own in one of Panama City Beach's premier resort destinations. Whether you're looking to expand your vacation rental portfolio, enjoy a second home with income potential, or both, this beautifully appointed cottage delivers the perfect combination of style, comfort, and resort living. Designed to maximize both space and guest experience, the popular Longboard floor plan features soaring vaulted shiplap ceilings, abundant natural light, an open-concept living area, and coastal-inspired finishes throughout. The main level offers a spacious king bedroom and full bath, while the upstairs sleeping loft with built-in full-over-full bunk beds and an additional full bath comfortably accommodates families and larger groups, making this home especially appealing for vacation rentals. Guests will love gathering in the bright, airy living room, preparing meals in the well-equipped kitchen with quartz countertops and stainless appliances, or relaxing on the oversized covered front porch after a day at the beach. Every detail has been thoughtfully designed to create an unforgettable beach getaway while maximizing occupancy and rental appeal. Located within Margaritaville Beach Cottage Resort, owners and guests enjoy access to an incredible collection of resort amenities including a spectacular oasis pool, heated 425-foot lazy river, exciting waterslides, private beach access with approximately 580 feet of dedicated beachfront, poolside cabanas, multiple on-site dining options including License to Chill Bar & Grill and Salty Rim Bar, Joe Merchant's coffee and market, fitness center, arcade, live entertainment, and year-round activities for all ages. Ideally positioned within the resort, this cottage offers easy access to the community amenities while providing a peaceful place to unwind after a day in the Florida sunshine. Whether your guests spend the day floating the lazy river, relaxing on the sugar-white sand beach, enjoying live music by the pool, or simply unwinding on the inviting front porch, this is more than a vacation home--it's an investment in one of Panama City Beach's most sought-after resort communities. Offered fully furnished and turnkey, this Surf Bungalow is ready to begin creating memories--and generating income--from day one.
Loft
Second: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Disposal: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Water Heater - Tankless: 1
Interior Features
Floor - Vinyl Plank: 1
Lighting - Recessed: 1
Window - Treatment All: 1
Construction/Siding
Foundation - On Piling: 1
Roof - Metal: 1
Siding - Hardie Board: 1
Exterior
Double Pane Windows: 1
Association Fees Include
Accounting: 1
Ground Keeping: 1
Internet Service: 1
Management: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Financing
Cash: 1
Conventional: 1
Furnished
Furnished: 1
Kitchen
First: 1
Living Room
First: 1
Parking Features
Assigned: 1
Association Amenities
Beach: 1
Pool: 1
Water Park: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Loft: 1
Utilities
Natural Gas - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Sale Type
As Is: 1
Bedroom
First: 1
Cooling
Central Air: 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Ice Maker; Microwave; Refrigerator; Water Heater - Tankless
Bedroom: First
Cooling: Central Air
Exterior: Double Pane Windows
Association Fees Include: Accounting; TV Cable; Internet Service; Ground Keeping; Management; Trash Disposal; Water
Financing: Cash; Conventional
Furnished: Furnished
Kitchen: First
Living Room: First
Loft: Second
Parking Features: Assigned
Association Amenities: Beach; Pool; Water Park
Rooms: Bedroom; Kitchen; Living Room; Loft
Sale Type: As Is
Utilities: Natural Gas - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
Room Name Level Dimensions Length Width Remarks
BedroomFirst9.9 x 11.119.9011.11
LoftSecond9.9 x 12.139.9012.13
Living RoomFirst15 x 12.715.0012.70
KitchenFirst15 x 9.215.009.20Kitchen/Dining

Listing Office: EXP Realty LLC

Last Updated: August - 14 - 2026

Information deemed reliable but not guaranteed.