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8937 Gypsy Palace Court
Panama City Beach, FL 32413

$839,900 - Status: Active Under Contract
Bed Icon Beds: 3
Bath Icon Baths: 3 full 1 partial
Sq Feet Icon SQFT (H&C): 2,549
MLS Icon MLS# 788811

CURRENTLY UNDER-CONTRACT, SELLER WILL CONSIDER BACK-UP OFFERS. Welcome to one of the MOST sought-after homesites in Latitude Margaritaville Watersound! Located in desirable Phase 7, this exceptional Island Collection Trinidad Bay home is perfectly positioned on a rare, oversized pie-shaped cul-de-sac lot--offering added privacy, space, and premium curb appeal that is hard to find. This beautifully designed home features 3 bedrooms, 3. 5 baths, plus a spacious den/office, providing the perfect blend of comfort and flexibility for everyday living and entertaining. Inside, you'll find tile flooring throughout, creating a seamless, low-maintenance coastal aesthetic. The gourmet kitchen is thoughtfully upgraded with a gas range, quartz countertops, soft-close cabinetry, pull-out trash system, and a large walk-in pantry, making it both functional and stylish for the home chef. The open-concept layout flows effortlessly into the main living and dining areas, ideal for hosting guests and enjoying the Latitude lifestyle. The primary suite is a true retreat featuring a luxuriously upgraded en-suite bath with a rain shower system, while one of the secondary baths also include upgraded rain shower fixtures, ensuring comfort for family and guests alike. Additional highlights include: 3-car garage with epoxy flooring and upgraded garage door opener, Fully equipped laundry room with abundant cabinetry, counter space, and utility sink Whole-house generator added post-closing for peace of mind. Hurricane impact windows, doors, and garage door. Step outside and enjoy your expansive homesite with an extended screened lanai, perfect for creating your dream outdoor living space, with room for a future pool and plenty of space between neighbors. Living in Latitude Margaritaville Watersound means embracing a resort-style, 55+ active adult lifestyle unlike any other on the Emerald Coast. Residents enjoy world-class amenities including a state-of-the-art fitness center, resort-style pools, pickleball and tennis courts, live entertainment, on-site dining, walking and biking trails, and a vibrant social calendar. Located just minutes from the white sugar sand beaches, and with a new Publix, shopping, dining, and a future marina and hospital nearby, convenience meets coastal living. This is a rare opportunity to own a premium homesite with a highly upgraded home in one of the most desirable communities in Northwest Florida. Schedule your private showing today and start living the Latitude lifestyle!

Property Features

MLS#: 788811
Zip: 32413
Subdivision: Latitude At Watersound
Development: 0411 - Bay North - West Bay
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s), Heat Pump
Days on Site: 2
Garage: 3
Heating: Central, Electric, Forced Air, Heat Pump
Home Style: Ranch
Lot Size: 0.26 acres
Roof Type: Composition, Shingle
Stories: 1.0
Taxes: $611
Year Built: 2025
SQFT (H&C): 2,549

Feature Descriptions

Accessibility: Grip-Accessible Features
Appliances: Gas Range, Gas Water Heater, Tankless Water Heater
Association Amenities: Business Center, Gated, Spa/Hot Tub
Community Features: Basketball Court, Business Center, Fitness Center, Pool, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
Door Features: Storm Door(s)
Exterior: HardiPlank Type, Steel Frame, Wood Frame
Exterior Features: Porch, Rain Gutters
Hot Tub: Yes
Interior Features: Coffered Ceiling(s), Smart Thermostat
Lot Description: Cul-De-Sac, Sprinkler System, Paved
Lot Dimensions: 45x131
Parcel#: 32503-700-070
Parking: Garage, Garage Door Opener, Gated
Parking Notes: Garage, Garage Door Opener, Gated
Patio/Porch: Covered, Patio, Porch, Screened
Pool: Community
Security: Carbon Monoxide Detector(s), Gated Community, Security Gate, Smoke Detector(s)
Sewer: Public Sewer
Spa: Community
Swimming Pool: Yes
Utilities: Electricity Available, High Speed Internet Available, Underground Utilities
Window: Double Pane Windows, Storm Window(s)

Room Sizes

Garage: 28.4 X 21 Level - First
Den: 12.6 X 13.3 Level - First
Bedroom: 11.2 X 12 Level - First
Bedroom: 12.4 X 11.1 Level - First
Primary Bedroom: 14 X 17.2 Level - First
Family Room: 16.4 X 16.3 Level - First
Dining Room: 13 X 20.3 Level - First
Living Room: 11.8 X 20.3 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

8937 Gypsy Palace Court | MLS# 788811

This single family home located at 8937 Gypsy Palace Court, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $839,900. This property was built in 2025 and has 3 bedrooms and 3 full and 1 partial baths with 2549 sq. ft. Gypsy Palace Court is located in the Latitude at Watersound subdivision. Search Latitude At Watersound real estate on rmiller.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty

Shown By

Agent Name: Rick Miller
Agent Phone: (850) 527-6407
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/25/2026. The listing information on this page last changed on 04/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/25/2026 11:06:05 AM EST) or Emerald Coast MLS (last updated Sat 04/25/2026 11:05:47 AM EST) or Central Panhandle Association of Realtors (last updated Sat 04/25/2026 10:58:01 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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