8701 Lime Drive, Panama City Beach, FL 32413

• 3 beds |
• 4 baths |
• 2,549 sqft

Property Description

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.

Listing Status:

Active

Date Added:

March 14, 2026

Data Last Updated:

April 2, 2026 at 6:16AM

Listing Office:

Coldwell Banker Realty : 850-234-6696

MLS ID:

786805

Interior

• General: Smart Thermostat
• Appliances: Electric CooktopElectric OvenGas Water HeaterTankless Water Heater
• A/C: Central AirCeiling Fan(s)Heat Pump
• Heating: CentralElectricFireplace(s)Heat Pump
• Fireplace: ElectricFireplace

Exterior

• General: PorchRain GuttersCommunity
• Style: Ranch
• Other Structures: PorchScreened
• Pool: Community
• Parking: GarageGarage Door Opener

Construction

• Roofing: CompositionShingle
• Windows: Double Pane Windows
• General: HardiPlank TypeWood Frame1Slab

Location

• HOA Amenities: GatedSpa/Hot Tub
• Originating MLS: CPAR_CPAR
• County: Bay

Lot

• Zoning: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4172 ORB 4732 P 13132503-350-344

Utilities

• Utilities: Cable ConnectedElectricity AvailableUnderground Utilities
• Sewer: Public Sewer

Financial

• Source: CPAR_CPAR