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- Property Details
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Street View
$699,900
Monthly Est:$3,484
3 Beds
- 4 Baths
3 full baths + 1 half bath
2,549sqft
8701 Lime Dr, Panama City Beach, FL 32413
$699,900
$3,484/moEst:
Get Pre-Approved
Single Family Residence
Built in 2023
$353/mo HOA
0.21 acre lot
$275/sq.ft
Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
Significant price improvement! Must See!
Welcome to this exceptional Trinidad Bay home in sought-after Phase 4 of Latitude Margaritaville Watersound, ideally situated on a beautiful private preserve lot along a quiet street comprised exclusively of Island Collection homes. This stunning residence offers thoughtfully designed spaces, extensive post-closing upgrades, and effortless indoor-outdoor living.
Step inside through a soaring two-story foyer highlighted by a custom coastal-inspired feature wall that sets the tone for the elegant finishes found throughout the home.
The heart of the home is the gourmet kitchen, designed for both everyday living and entertaining, featuring upgraded cabinetry, quartz countertops, custom tile backsplash, designer range hood, wall oven and microwave, and an oversized island perfect for gatherings.
The open concept layout flows seamlessly into a spacious dining room with a striking electric fireplace and custom accent wall, while the expansive living room boasts soaring cathedral ceilings and a dramatic wall of sliding glass doors that connect the interior to the outdoor living space.
A private den/office offers additional versatility and features a custom built-in bar with cabinetry and wine cooler, perfect for entertaining guests.
The luxurious primary suite offers a relaxing retreat with a spa-inspired bath and custom closets, while two additional guest bedrooms each feature their own en-suite baths, providing comfort and privacy for visitors.
The custom-designed laundry room is truly exceptional, featuring abundant cabinetry, a laundry sink, a built-in butler's pantry, and an additional refrigerator.
Enjoy Florida living on the extended screened lanai overlooking the peaceful preserve, the perfect setting for sunset views and evening cocktails. Outdoor furniture may convey with an acceptable offer.
Additional highlights include:
• 3-car garage with high-quality workshop
• RevWood by Mohawk laminate flooring throughout main living areas
• Casablanca ceiling fans and designer lighting throughout
• Electronic remote shades
• Custom feature walls in foyer and dining room
• Higher-level and custom cabinetry throughout the home
Many of these impressive upgrades were completed after closing, creating a home that feels truly one-of-a-kind. The property is priced below recent appraised value, presenting an incredible opportunity.
Located in the award-winning Latitude Margaritaville Watersound, residents enjoy world-class amenities including a private restaurant and bar, resort-style Paradise Pool, state-of-the-art Latitude Town Center, fitness center, pickleball and tennis courts, Barkaritaville Dog Park, live entertainment at the Bandshell, theater, wood-working shop, ceramics studio, walking and biking trails, and a full calendar of concerts, events, and social clubs.
Exciting growth continues nearby with a new hospital under construction and future commercial development including a Publix grocery store and additional shopping and dining options.
And best of all, the white sugar-sand beaches of the Gulf are just 7 miles away.
Experience the best of coastal resort living in Latitude Margaritaville Watersound, where every day feels like a vacation.
- Houzeo last checked: 1 minute ago
- Listing updated: September 19, 2026 at 6:30 pm
- Listing Provided by: Sheryl Lewis (770) 316-3334 DRE #SL3402358 | Coldwell Banker Realty (850) 234-6696
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 786805

Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
2023
HOA Fees
$353/mo
Finished Area
2,549 sqft
Lot Size
0.21 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
786805
MLS Status
ActiveUnderContract
Days on Market
209
Cumulative Days on Market
190

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Location
HOA Management
N/A
HOA Fees
$352.89/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Maintenance
Tennis
Spa
Security Gate
RecreationFacilities
FitnessFacility
LegalAccounting
AssociationManagement
Pools
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 4
Bedroom
Level: First
Area: 134.40 Square Feet
Dimensions: 11.2 x 12
Bedroom
Level: First
Area: 137.64 Square Feet
Dimensions: 12.4 x 11.1
Den
Level: First
Area: 167.58 Square Feet
Dimensions: 12.6 x 13.3
PrimaryBedroom
Level: First
Area: 240.80 Square Feet
Dimensions: 14 x 17.2
FamilyRoom
Level: First
Area: 267.32 Square Feet
Dimensions: 16.4 x 16.3
DiningRoom
Level: First
Area: 263.90 Square Feet
Dimensions: 13 x 20.3
LivingRoom
Level: First
Area: 239.54 Square Feet
Dimensions: 11.8 x 20.3
Interior
Exterior Features
Porch, Rain Gutters
Interior Features
Double Vanity, Main Level Primary, Smart Thermostat, Walk In Closets, Home Theater
Appliances
Electric Cooktop, Electric Oven, Gas Water Heater, Tankless Water Heater
Sewer
Public Sewer
Window Features
Double Pane Windows
Heating
Central, Electric, Fireplaces, Heat Pump
Cooling
Central Air, Ceiling Fans, Heat Pump
Construction
Year Built
Year Built: 2023
Home type
Single Family Residence
Architectural Style
Ranch
Foundation Details
Slab
Construction Materials
Hardiplank Type, Wood Frame
Roof
Composition, Shingle
Utilities & Energy
Parking Features
Garage, Garage Door Opener
Pool Features
Community
Fireplace Features
Electric
Association Amenities
Gated, Spa Hot Tub
Utilities
Cable Connected, Electricity Available, Underground Utilities
Security Features
Carbon Monoxide Detectors, Smoke Detectors
Other Features
Community Features
Basketball Court, Business Center, Fitness Center, Gated, Media Room, Pool, Tennis Courts, Waterfront, Short Term Rental Allowed
Lot Features
Sprinkler System, Paved
Patio And Porch Features
Porch, Screened
Disclosures
Accepting Backup Offers
Subdivision Name
Latitude At Watersound
Price History
| Date | Event | Price |
|---|---|---|
09/19/2026 Source: | Pending | $699,900 $275/sqft |
08/01/2026 Source: | Price Decreased | $699,900 -3.45% $275/sqft |
06/06/2026 Source: | Price Decreased | $724,900 -8.82% $284/sqft |
03/14/2026 Source: | Listed for Sale | $795,000 +6.07% $312/sqft |
03/14/2026 Source: | Price Decreased | $749,500 -0.07% $294/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 11:30AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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