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Harrison Lilly

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

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140 Paradise Found Cir Unit 2 , Panama City Beach, FL 32413
$545,000
Est. Payment: $2,764.14/mo
1 Bed
2 Bath
768 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

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 with a dedicated parking space directly across from the pool. 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.

Highlights

Listed by Renae Voda , 615-804-1554 EXP Realty LLC , 888-883-8509. Bay County Association of REALTORS

Property Type

Residential

HOA Fee

2068 Quarterly

Year Built

2024

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Margaritaville Cottages

Listing ID

794038

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Cooktop, Ice Maker, Tankless Water Heater
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Loft

Exterior Features

Lot Dimensions:0x0
Roof:Metal
Sewer:Public Sewer
Principal Interest
$2,764
Taxes
$417
HOA
$2,068

Home Price

$545,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$109,000
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:
$2,764.14

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,764.14 $417.40 $2,068.00 $5,249.53
Yearly $33,169.65 $5,008.76 $24,816.00 $62,994.41
Total $995,089.38 $150,262.80 $744,480.00 $1,889,832.18

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