140 Paradise Found Circle 2
Panama City Beach, FL 32413
MLS# 794038
1 beds | 2 baths | 768 sqft
Property DescriptionTurnkey, 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.
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
List Price/SqFt: 709.64
Status: Active
List Date: 2026-08-14
List Price: $545,000
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
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
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: 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.
Cooktop - Electric: 1
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Water Heater - Tankless: 1
Floor - Vinyl Plank: 1
Lighting - Recessed: 1
Window - Treatment All: 1
Foundation - On Piling: 1
Roof - Metal: 1
Accounting: 1
Ground Keeping: 1
Internet Service: 1
Management: 1
Trash Disposal: 1
TV Cable: 1
Natural Gas - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Appliances: Cooktop - Electric; Dishwasher; Disposal; Ice Maker; Microwave; Refrigerator; Water Heater - Tankless
Exterior: Double Pane Windows
Association Fees Include: Accounting; TV Cable; Internet Service; Ground Keeping; Management; Trash Disposal; Water
Financing: Cash; Conventional
Parking Features: Assigned
Association Amenities: Beach; Pool; Water Park
Rooms: Bedroom; Kitchen; Living Room; Loft
Utilities: Natural Gas - Connected; Public Sewer - Connected; Public Water - Connected
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Bedroom | First | 9.9 x 11.11 | 9.90 | 11.11 | |
| Loft | Second | 9.9 x 12.13 | 9.90 | 12.13 | |
| Living Room | First | 15 x 12.7 | 15.00 | 12.70 | |
| Kitchen | First | 15 x 9.2 | 15.00 | 9.20 | Kitchen/Dining |
Listing Office: EXP Realty LLC
Last Updated: August - 14 - 2026
Information deemed reliable but not guaranteed.