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$474,000

8724 Pencil Thin Ave Panama City Beach, FL 32413

2 beds
2 full
1,481 sqft
0.9 acres
$320 / sqft
Townhouse

Property details

About 8724 Pencil Thin Ave

Luxury Retirement Living at Latitude Margaritaville Watersound!!!! Welcome to 8724 Pencil Thin Avenue -- featuring the Aloha floorplan, the largest of the cottage models offered in the highly desirable Margaritaville in Panama City Beach, a premier 55+ active adult community where luxury meets leisure along Florida's breathtaking Emerald Coast. Thoughtfully designed with over $107,000 in premium upgrades, this stunning home offers almost 1,500 square feet of refined coastal living. Every detail reflects a seamless blend of comfort, style, and vibrant retirement living at its finest. This home is being sold fully furnished, featuring a professionally styled selection of high-quality furniture, purchased at a value exceeding $25,000. The furnishings have only been used a handful of times and are in like-new condition, making this a truly turnkey opportunity. 2 Bedrooms + Bonus Flex Room | 2 Bathrooms | Almost 1,500 Sq Ft 2-Car Garage | Screened-In Lanai.Premium Interior Finishes & Upgrades Include: Modern stained cabinetry with vaulted ceilings and custom wood beams, High-end quartz countertops, designer backsplash, and upgraded stainless steel appliances, including a premium cooktop and range, Kitchen features pull-out drawers in the lower cabinets for added functionality and convenience, Accent walls in the primary bedroom and dining area for added elegance, Shiplap wall accents, designer lighting, and upgraded trim throughout, A luxurious screened-in lanai - perfect for relaxing or entertaining outdoors in total comfort, A spacious walk-in laundry room with upgraded tile flooring and ample storage, All closets are outfitted with custom Java-style wooden ventilated shelving for style and improved airflow. Bonus Living Area / Flex Room A beautifully lit and versatile space ideal for use as a home office, reading nook, craft studio, or guest room -- tailored to your lifestyle. Latitude Margaritaville Watersound - A 55+ Resort-Style Community with Big Plans Ahead: Enjoy an unmatched lifestyle in one of Florida's most talked-about active adult communities: Resort-style pools, a state-of-the-art fitness center, on-site restaurants, bars, live music venues, and a thriving town center, Private beach club access with convenient shuttle service, Pickleball courts, walking and biking trails, dog parks, and year-round community events, A gated, golf-cart-friendly neighborhood designed for connection, convenience, and fun. Ideal Location & Exciting Future Development: Just minutes from boat ramps, kayaking spots, and waterfront restaurants in West Bay, Almost direct access to Northwest Florida Beaches International Airport (ECP) -- only a short drive from the community entrance, Future plans include a full-service marina located within the community on the Intracoastal Waterway, offering boaters and water enthusiasts direct access to the coast, A planned connection to Watersound Origins in Walton County will provide expanded access to trails, shops, dining, and recreation. This is more than just a home -- it's a gateway to a carefree coastal lifestyle, thoughtfully designed for those 55 and better. Whether you're enjoying your sun-soaked lanai, taking part in community activities, or exploring the beautiful Emerald Coast, 8724 Pencil Thin Ave offers the perfect launchpad for your next adventure. Schedule your private showing today and experience the joy of living in Latitude Margaritaville Watersound -- where every day feels like a vacation.

Highlights

Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,481 sqft
Lot size0.86 Acres
Year built2024
ParkingAttached, Driveway, Garage
MLS #775275
Attached garage2 spaces

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Interior: Beamed Ceilings, Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Vaulted Ceiling(s)
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage
  • Exterior: Sprinkler/Irrigation, Porch
  • Architectural Style: Coastal
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $474,000
  • Price/SqFt: $320
  • HOA Amount: $317 Monthly
  • Annual Tax Amount: $14
  • Tax Year: 2023
  • Directions: From Pier Park Turn right onto FL-79 NTurn left onto Latitude BlvdTurn leftDestination will be on the right
  • Year Built: 2024
  • Living Area: 1,481 SqFt
  • Lot Size: 0.86 Acres
  • MLS Number: 775275
  • MLS Name: BCAR
  • Office Name: Keller Williams Success Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$1,176$14

History based on county public records data.

Nearby schools

5

West Bay Elementary School

Public District KG-5

2.5 mi

14813 School Dr

7

Hutchison Beach Elementary School

Public District KG-5

8.7 mi

12900 Hutchison Blvd

7

Patronis Elementary School

Public District KG-5

12.4 mi

7400 Patronis Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,720. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

30%
<35k
56%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
9%
Single, with Kids
33%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8724 Pencil Thin Ave

The listing price of 8724 Pencil Thin Ave property is $474,000.

The property 8724 Pencil Thin Ave is a townhouse located in Panama City Beach, Florida, 32413.

Active Listing: 8724 Pencil Thin Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8724 Pencil Thin Ave are: West Bay Elementary School (GreatSchools Rating 5/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Patronis Elementary School (GreatSchools Rating 7/10), Surfside Middle School (GreatSchools Rating 6/10), Breakfast Point Academy (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), J.R. Arnold High School (GreatSchools Rating 5/10), Deane Bozeman School (GreatSchools Rating 7/10), Rising Leaders Academy (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $14 (source: MLS/based on county public records data).

The property at 8724 Pencil Thin Ave has 2 bedrooms and 2 bathrooms.

The property 8724 Pencil Thin Ave is 1,481 SqFt (source: MLS/tax record).

The year of construction for 8724 Pencil Thin Ave is 2024.

This home is located at 8724 Pencil Thin Ave in Panama City Beach, FL and zip code 32413. This 1,481 square foot home, which was built in 2024, sits on a 0.86 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 22, 2025 and is currently priced at $474,000.

In June 2025, from all listings sold in Panama City Beach, FL there were more than 1 sold above asking price, over 119 sold below and more than 21 were sold right at the asked price. The inventory of homes for sale in Panama City Beach, FL between May and June 2025 increased by 1.2%. Listings spent 87 days on the market in June 2025, and had a median list price of $435,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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