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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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8501 Lost Shaker Way , Panama City Beach, FL 32413
$699,000
Est. Payment: $3,861.87/mo
3 Bed
3 Bath
2394 Sqft
0.16 Acres
Status: Active | Days on site: 38
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Harrison Lilly Team
Owner/Operator

House Description

Experience luxury resort living at its finest in this extensively upgraded Cabana Bay home, located in Florida's premier 55+ community--Latitude Margaritaville Watersound. Situated close to the Town Square and just 7 miles from the Gulf beaches, this home is loaded with custom, high-end designer finishes. Interior Highlights: Gourmet Kitchen: Quartz counters, gas cooktop, wall oven, premium hood, custom pantry, and a massive custom island seating for 6. Living Area: Decorative ceiling beams, a striking tile fireplace/TV feature wall, and custom wood wall/window framing. Primary Suite: Two custom closets, spa bath with lighted mirrors, and a beautiful custom-built fireplace. Flex Space & Storage: Dedicated den/office, and extensive added storage throughout. Outdoor Oasis: Screened lanai overlooking a tranquil pond with stunning sunset views. Low-maintenance living with HOA-included lawn care. World-class amenities: Paradise Pool, Bar & Chill restaurant, fitness center with indoor lap pool, pickleball, bandshell, dog spa, theater, and arts studio. Golf-cart friendly paths with easy access to walking/biking trails. Minutes to Publix, shopping, dining, a new public marina, and the under-construction FSU/TMH hospital campus. Let's move to Paradise!! Experience luxury resort living at its finest in this extensively upgraded Cabana Bay home, located in Florida's premier 55+ community--Latitude Margaritaville Watersound. Situated close to the Town Square and just 7 miles from the Gulf beaches, this home is loaded with custom, high-end designer finishes. Interior Highlights: Gourmet Kitchen: Quartz counters, gas cooktop, wall oven, premium hood, custom pantry, and a massive custom island seating 6.Living Area: Decorative ceiling beams, a striking tile fireplace/TV feature wall, and custom wood wall/window framing. Primary Suite: Two custom closets, spa bath with lighted mirrors, and a beautiful custom-built fireplace. Flex Space & Storage: Dedicated den/office, and extensive added storage throughout. Outdoor Oasis: Screened lanai overlooking a tranquil pond with stunning sunset views. Community & Location: Low-maintenance living with HOA-included lawn care. World-class amenities: Paradise Pool, Bar & Chill restaurant, fitness center with indoor lap pool, pickleball, bandshell, dog spa, theater, and arts studio. Golf-cart friendly paths with easy access to walking/biking trails. Minutes to Publix, shopping, dining, a new public marina, and the under-construction FSU/TMH hospital campus.

Highlights

Listed by Alisa Walley , 225-202-2723 and Sheryl Lewis , 770-316-3334 Coldwell Banker Realty , 850-234-6696. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.16

HOA Fee

336.84 Monthly

Year Built

2022

County

Bay

Area

04 - Bay County - North

Neighborhood

Latitude at Watersound

Listing ID

794802

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Oven, Gas Cooktop, Tankless Water Heater
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Double Vanity, Walk-In Closet(s)

Exterior Features

Lot:Paved
Lot Dimensions:58.0 ft x 133.0 ft
Zoning:Resid Single Family
Roof:Composition,Shingle
Others:
  • ▪ Additional:Porch
Sewer:Public Sewer
Principal Interest
$3,862
Taxes
$399
HOA
$337

Home Price

$699,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$139,800
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Monthly Price:
$3,861.87

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,861.87 $399.23 $336.84 $4,597.94
Yearly $46,342.49 $4,790.72 $4,042.08 $55,175.29
Total $1,390,274.75 $143,721.60 $121,262.40 $1,655,258.75

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T03:46:57.000Z

© 2026 Bay County Association of REALTORS