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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 27 , Panama City Beach, FL 32413
$572,500
Est. Payment: $2,903.61/mo
1 Bed
2 Bath
816 Sqft
Status: active | Days on site: 43
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Welcome to ''Surf Bungalow 27,'' your private slice of paradise at the premier Margaritaville Beach Cottage Resort on Front Beach Road--one of the most sought-after Gulf-front communities in Panama City Beach. This posh 1-bedroom + mezzanine cottage showcases the highly desirable ''Surf's Up'' floor plan, offering 816 square feet--the largest of the Surf Bungalow layouts. With only 14 of 42 bungalows built in this configuration--this property presents a rare opportunity for both ownership and investment. Thoughtfully designed for comfort and functionality, the home features a main-level primary suite with a king bed and private ensuite bath, along with a spacious mezzanine offering full-over-full built-in bunk beds and its own private bath. The open-concept layout includes a well-appointed kitchen, dining area, and inviting living space, all professionally furnished and completely turnkey. Enjoy outdoor living on the spacious front porch, surrounded by lush tropical landscaping for added privacy. Ideally positioned within the community, ''Surf Bungalow 27'' is among the closest units to the clubhouse and pool--enhancing both convenience and rental appeal. Resort-style amenities elevate the experience, including nearly 600 feet of private beach access, a zero-entry resort pool, two waterslides, a lazy river, and exclusive access to the resort clubhouse featuring a fitness center, arcade, activity center, conference space, and the popular License to Chill Bar & Restaurant. With strong rental potential and bookings already secured for 2026, ''Surf Bungalow 27'' is a true turnkey investment offering both income potential and an exceptional coastal lifestyle. Don't miss this rare opportunity to own one of the most desirable properties in Panama City Beach.

Highlights

Listed by Phillip E Smith , 850-775-7889 The Premier Property Group , 850-213-5000. Bay County Association of REALTORS

Property Type

Residential

HOA Fee

Year Built

2024

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Margaritaville Cottages

Listing ID

788484

Questions about this listing?

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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,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Interior Steps, Loft

Exterior Features

Lot:Paved
Lot Dimensions:0x0
Zoning:Resid Single Family, Resort
Roof:Metal
Sewer:Public Sewer
Parking Features:Additional Parking,Paved,Parking Lot
Principal Interest
$2,904
Taxes
$425
HOA
$0

Home Price

$572,500

Loan Details

30 yrs
6.529%

Down Payment

20%
$114,500
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:
$2,903.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,903.61 $425.33 $0.00 $3,328.95
Yearly $34,843.34 $5,104.00 $0.00 $39,947.34
Total $1,045,300.31 $153,120.00 $0.00 $1,198,420.31

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