140 Paradise Found Cir #27, Panama City Beach, FL, 32413
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Ice Maker,Tankless Water Heater
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Features
- Interior Steps,Loft
- Window features: Storm Window(s)
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 816
- Total interior livable area: 816 sqft
Kitchen
- Level: First
- Dimensions: 15 x 9.2
Living Room
- Level: First
- Dimensions: 15 x 12.7
Loft
- Level: Second
- Dimensions: 9.9 x 12.3
Master Bedroom
- Level: First
- Dimensions: 9.9 x 11.11
Property
Details
- Parcel number: 40001605027
- Zoning description: Resid Single Family, Resort
- Special condition: Listed As-Is
Features
- Levels: Two
- Stories: 2
- Pool features: Community
- Patio & porch: Covered,Porch
- On waterfront: Yes
Lot
- Features: Paved
- Lot size dimensions: 0 x 0
Parking
- Parking features: Additional Parking,Paved,Parking Lot
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,894 | $34,728 |
| Home Insurance * | $671 | $8,052 |
| Property Taxes | $597 | $7,164 |
| Electricity | $197 | $2,366 |
| Total | $4,359 | $52,308 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Listed for sale | $572,500 |
| 2024-09-07 | Sold | $520,000 |
| 2024-06-08 | Pending sale | $520,000 |
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