140 Paradise Found Circle 20, Panama City Beach

$527,500

2 Beds
2 Baths
768 Sqft
0 Acre
0 Garage

Welcome to Margaritaville Surf Bungalow #20, where laid-back luxury meets full-scale resort living. With GROSS rental revenue projected at 94K and Rental Revenue projected at 69K this is a steal! (see documents) Positioned at the heart of the community, owners and guests enjoy The Club—a premier amenity center featuring a 425-foot lazy river, an oversized oasis pool with two dramatic water slides, and a poolside bar and grill serving Margaritas and Cheeseburgers in Paradise.

Just steps from your door, 580 feet of private beachfront awaits, complete with beach service including chairs, umbrellas, and convenient food and beverage delivery—perfectly paired with emerald-green waters, sugar-white sand, and unforgettable sunsets. The Margaritaville experience is now fully complete, offering a full-service restaurant, state-of-the-art fitness center, arcade, and expanded resort amenities, creating an all-inclusive coastal lifestyle for owners and guests alike.

Inside, this beautifully designed bungalow features an open-concept floor plan filled with natural light, bright coastal décor, and a gourmet kitchen with a quartz island ideal for entertaining. The main-level primary suite offers comfort and privacy with a spacious layout and ensuite bath. Upstairs, the loft provides double-over-double bunk beds and its own ensuite bathperfect for hosting family or guests. Thoughtful touches throughout, including signature Margaritaville bedding, complete the island-inspired atmosphere.

Whether you're searching for a personal beach retreat or a high-performing vacation rental, this prime location offers seamless access to the beach, pools, lazy river, and all resort amenities, along with close proximity to Pier Park and Northwest Florida Beaches International Airport.

Key Features:

Open-concept coastal floor plan with beach-inspired décor

Gourmet kitchen with quartz island

Primary bedroom plus loft bunk room with ensuite baths

2 full bathrooms

760 sq ft of heated and cooled living space

Access to resort pool, lazy river, water slides, and private beach

Poolside food and beverage service

Full-service restaurant, fitness center, and arcade on-site

Located in Margaritaville Beach Cottage Resort near Pier Park

Live the Margaritaville lifestyleschedule your private showing today. <4<y

Essential Information
MLS® #992895
Price$527,500
Sold Price$527,500
Date Sold$2026-04-24
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage768
Year Built2024
TypeResidential
Sub-TypeDetached Single Family
StyleCaribbean
StatusSold
Community Information
Address140 Paradise Found Circle 20
Area27 - Bay County
SubdivisionMargaritaville Cottages
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Utilities

Electric, Public Sewer, Public Water, TV Cable

Interior
Interior FeaturesVaulted Ceiling(s)
HeatingCentral
CoolingCentral Air
# of Stories2
Appliances

Cooktop, Dishwasher, Disposal, Microwave, Refrigerator

Exterior
RoofMetal
ConstructionSiding CmntFbrHrdBrd
Lot Description

Restrictions, Within 1/2 Mile to Water

School Information
ElementaryHutchinson Beach
MiddleSurfside
HighArnold
Additional Information
Days on Website274
ZoningResid Single Family
Listing Details
OfficeFive Star Properties RE FL Inc
Property History
Price Reduced from $535,000 to $527,500
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 15th, 2026 at 12:08pm CDT.