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Harrison Lilly

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

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8903 Parrot Pl , Panama City Beach, FL 32413
$675,000
Est. Payment: $3,423.47/mo
2 Bed
2 Bath
1787 Sqft
Status: pending | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Some homes check a box. Some homes are a box. But the Barbuda Bay is one of the most sought-after Villas in all of Margartitaville! Perfectly positioned on one of only two villa homesites in Latitude Margaritaville Watersound that combines a premium six-car driveway with breathtaking Southernly pond views, along with a majestic and protected nature preserve beyond. Convenience, privacy, beauty and functionality all converge on this home to make it the most unique opportunity available right now in Latitude Margaritaville Watersound! Unlike the vast majority of villa homes, this exclusive homesite is one of only nine in the entire community designed with an oversized six-car driveway (only two lots have a water and preserve view). The additional depth of this homesite allows the home to sit farther from the street while naturally offset from neighboring residences, creating exceptional curb appeal, greater separation and privacy, and an arrival that feels distinctly different from every other villa. Then your eyes move beyond the home. Across the sparkling pond. Into a protected nature preserve where the view is defined by towering pines and cypress, native wildlife, and unforgettable sunsets. A golf cart path and bridge are only steps away providing a short cut to phase 4 and the amenities. This isn't simply a backyard. It's one of the most extraordinary locations in the entire community. The outdoor living space was designed to embrace it all. A spectacular heated saltwater pool and spa surrounded by tropical landscaping, elegant paver decking, and custom lighting creates an atmosphere that feels more like a private luxury resort than a backyard. Whether entertaining friends, enjoying family visits, or relaxing beneath the stars, every evening becomes an experience. Inside, the Barbuda Bay continues to impress with open gathering spaces, abundant natural light, and seamless indoor-outdoor living create a home that feels both elegant and inviting. The beautifully appointed kitchen serves as the heart of the home with upgraded cabinetry, luxurious quartz countertops, designer backsplash, premium lighting, stainless appliances, gas cooking, and an oversized island that naturally brings family and friends together. The owner's suite offers a peaceful retreat with a spa-inspired bath, while the flexible layout provides additional living space perfect for a home office, fitness room, hobby room, or media lounge. With over $180,000 in upgrades this home is elevated well beyond standard construction, including eight-foot interior doors throughout, a gas fireplace, impact glass front entry door, upgraded laundry room with cabinetry and sink, attic storage with pull-down stairs, upgraded shower and tile package in Bath Two, recessed lighting, under-cabinet lighting, lanai TV prewire, and numerous thoughtful electrical upgrades. Yet what truly sets this property apart isn't found inside the walls. Countertops can be replaced. Flooring can be changed. Pools can be built. This homesite cannot be recreated. You cannot purchase additional privacy after closing. You cannot add a six-car driveway. You cannot reposition a home farther from the street and offset your lanai from your neighbor. And you cannot create a protected nature preserve beyond your backyard. Some homes become memorable because they're beautiful. Others become memorable because they're rare. This home is both. Some buyers will schedule a showing because they're looking for a Barbuda Bay. They'll leave realizing they just experienced one of the most unique Villa homesites in all of Latitude Margaritaville Watersound. There will always be another Barbuda Bay. And yet there may never be another opportunity like this one.

Highlights

Listed by Jeremy A Mertens , 423-805-0518 and Robert McGuigan , 850-329-8454 Watersound Real Estate , 850-231-6531. Bay County Association of REALTORS

Property Type

Condo/Townhome

Lot/Acreage
0.21

HOA Fee

370.85 Monthly

Year Built

2024

County

Bay

Area

04 - Bay County - North

Neighborhood

Latitude at Watersound

Listing ID

792682

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Gas Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:Gas
Other:
  • Additional:Double Vanity, Main Level Primary, Walk-In Closet(s), Home Theater

Exterior Features

Lot Dimensions:70.0 ft x 157.0 ft
Zoning:Resid Single Family
Others:
  • Additional:Patio
Sewer:Public Sewer
Principal Interest
$3,423
Taxes
$493
HOA
$371

Home Price

$675,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$135,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,423.47

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,423.47 $492.50 $370.85 $4,286.82
Yearly $41,081.67 $5,910.00 $4,450.20 $51,441.87
Total $1,232,450.15 $177,300.00 $133,506.00 $1,543,256.15

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS