8511 Dreams Float Ct, Panama City Beach, FL, 32413
About This Home
Priced to SELL! Amazing Aloha floor plan on a gorgeous private lot. Experience coastal-inspired living in this beautifully maintained Aloha Cottage located in Latitude Margaritaville Watersound. Featuring two bedrooms plus a versatile den, this popular floor plan offers flexible living space and an open-concept design that blends comfort, functionality, and style. The standout feature of this home is its exceptional location. Situated with preserve space on both sides, it offers a level of privacy rarely found among cottage homes and creates a peaceful setting surrounded by natural beauty. Enjoy morning coffee or evening relaxation from the screened porch while taking in the tranquil preserve views. Inside, the spacious great room features vaulted ceilings and abundant natural light since you can keep the blinds open and still maintain privacy. The kitchen features a large center island, quartz countertops, upgraded cabinets, tile backsplash, and ample workspace for cooking and entertaining. A dedicated dining area provides the perfect setting for gatherings. The primary suite includes a generous walk-in closet, an ensuite bath with dual vanities, and a tiled walk-in shower. On the other side of the home, the guest bedroom and full bath provide spacious accommodations. The den offers endless possibilities as a home office, hobby room, media room, or additional guest space. Quality finishes throughout include Mohawk RevWood flooring in the main living areas, tile in wet areas, custom ceiling fans, and thoughtful design upgrades. Beyond the home, residents enjoy access to an impressive collection of resort-style amenities, including a waterfront pool, restaurant, fitness center, indoor lap pool, spa, pickleball and tennis courts, kayaking, bocce ball, cornhole, live entertainment, and a full calendar of social activities. Additional shopping, dining, medical, and marina offerings are planned for the surrounding area, adding even more convenience and lifestyle opportunities. Located just minutes from the Emerald Coast's renowned white-sand beaches, this home combines a private preserve setting with easy access to everything the area has to offer. HOA-maintained lawn care and scheduled exterior maintenance provide a low-maintenance lifestyle, allowing more time to enjoy the community and coastal surroundings. Opportunities to own an Aloha Cottage with this level of privacy are uncommon. Come discover what makes this homesite one of the most desirable cottage locations in the Active 55+ community of Latitude Margaritaville Watersound!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Architectural style: Florida
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Gas Water Heater
Bedroom
- Level: First
- Dimensions: 12.2 x 11.1
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Cooling features: Central Air
Den
- Level: First
- Dimensions: 10.4 x 10.3
Dining Room
- Level: First
- Dimensions: 12.2 x 10.4
Features
- Main Level Primary,Home Theater
Interior Area
- Total structure area: 1,472
- Total interior livable area: 1,472 sqft
Living Room
- Level: First
- Dimensions: 14.2 x 13.1
Master Bedroom
- Level: First
- Dimensions: 13.5 x 12.4
Property
Details
- Parcel number: 32503500082
- Attached to another structure: Yes
- Special condition: Listed As-Is
Features
- Pool features: Community
- Patio & porch: Porch,Screened
- Exterior features: Porch
- Spa features: Community
Lot
- Lot size: 4,100 sqft
- Lot size dimensions: 41 x 100
Parking
- Total spaces: 2
- Parking features: Gated
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Inland Flooding
- Strong Wind
- Wildfire
- 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 | $2,174 | $26,088 |
| Home Insurance * | $504 | $6,048 |
| Property Taxes | $442 | $5,304 |
| Electricity | $197 | $2,366 |
| Total | $3,317 | $39,804 |
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 |
|---|---|---|
| 2026-08-10 | Price change | $415,000 |
| 2026-06-27 | Price change | $429,999 |
| 2026-06-12 | Listed for sale | $449,900 |
| 2025-09-12 | Sold | $435,000 |
| 2025-09-03 | Pending sale | $455,000 |
| 2025-08-27 | Contingent | $455,000 |
| 2025-07-12 | Price change | $455,000 |
| 2025-06-10 | Price change | $465,000 |
| 2025-05-20 | Price change | $475,000 |
| 2025-03-13 | Listed for sale | $485,000 |
| 2024-02-26 | Sold | $412,500 |
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