8937 Gypsy Palace Court, Panama City Beach, FL 32413 (MLS# 788811)

List Price/SqFt: 329.5

Status: Sold

List Date: 2026-04-23

List Price: $839,900

Current Price: $839,900

Sub Area: 0411 - Bay North - West Bay

Community/Resort: None

Waterfront: No

Elementary School: West Bay

Middle School: Surfside

High School: Arnold

Directions: Hwy 98 to North on Hwy 79, left on West Bay Parkway, follow to 4th gated entrance on the right, right on Escape Ave. to left on Gypsy Palace Ct. to home in cul-de-sac.

Area: 04 - Bay County - North

Street #: 8937

Street Name: Gypsy Palace

Street Suffix: Court

State: FL

Zip Code: 32413

County: Bay

Subdivision: Latitude at Watersound

Parcel ID: 32503-700-070

Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 7 LOT 7035

Acreage: 0.26

Design: Ranch

Lot Size (SqFt): 11500

Apx SqFt(Htd/Cooled): 2549

Construction Status: Construction Complete

SqFt Source: Builders Plans

Half Baths: 1

# of Stories in Building: 1

Lot Dimensions: 45x131

New Construction: No

Garage Y/N: Yes

Garage Spaces: 3

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 3

Total Baths: 4

Year Built: 2025

HOA Fee: Yes

HOA Amount: 352.89

HOA Frequency: Monthly

HOA Annual Amount: 4234.68

Senior Community: Yes

New Buyer Fee: Yes

New Buyer Fee Amt: 600

New Buyer Fee Paid: $

Last Taxes: 611

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: 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!

Sold Price/SqFt: 329.5

Sold Price/Acre: 3230384.62

Under Contract Date: 2026-04-24

Sold Date: 2026-05-21

Sold Price: $839,900

First: 1

First: 1

First: 1

First: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Range - Gas: 1

Refrigerator: 1

Water Heater - Gas: 1

Water Heater - Tankless: 1

Ceiling - Cathedral: 1

Ceiling - Coffered: 1

Ceiling - Raised: 1

Floor - Tile: 1

Kitchen Island: 1

Lighting - Recessed: 1

Pantry: 1

Split Bedroom: 1

Window - Treatment All: 1

Foundation - Slab on Grade: 1

Steel/Frame: 1

Wood/Frame: 1

Roof - Composite Shngl: 1

Roof - Gutters: 1

Siding - Hardie Board: 1

Double Pane Windows: 1

Patio Covered: 1

Porch Screened: 1

Sprinkler System: 1

Storm Doors: 1

Storm Windows: 1

Accounting: 1

Business Center: 1

Exercise Room: 1

Gated Community: 1

Ground Keeping: 1

Management: 1

Pool: 1

Recreational Faclty: 1

Tennis: 1

Theater: 1

Whirlpool: 1

Irrigation: 1

Unfurnished: 1

Ceiling - Tray: 1

Smart Thermostat: 1

First: 1

Covenants & Rescrictions: 1

Cul-De-Sac: 1

Curb & Gutter: 1

Landscaped: 1

Subdivision - Recorded: 1

Survey Available: 1

Gated Access: 1

Paved Road: 1

Garage Attached: 1

Garage Door Opener: 1

MBath Double Vanity: 1

MBath Shower Only: 1

MBed First Floor: 1

MBed Walk-in Closet: 1

Resid Single Family: 1

Basketball Court: 1

Business Center: 1

Exercise Room: 1

Gated Community: 1

Pool: 1

Tennis: 1

Theater: 1

Waterfront: 1

Whirlpool: 1

Dining: 1

Dog Park: 1

Pickle Ball: 1

Recreation Facilities: 1

Sidewalks: 1

Trail(s): 1

Bedroom: 1

Den: 1

Dining Room: 1

Family Room: 1

Garage: 1

Living Room: 1

Master Bedroom: 1

ShowingTime: 1

Cable - Available: 1

Electricity - Connected: 1

Garbage: 1

Natural Gas - Connected: 1

Internet - Broadband Available: 1

Internet - Fiber Optic: 1

Phone - Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Underground Utilities: 1

Grip-Accessible Features: 1

As Is: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Heat Pump: 1

Central: 1

Electric: 1

Forced Air: 1

Heat Pump: 1

Carbon Monoxide Detector: 1

Gated Community: 1

Smoke Detector(s): 1