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Panama City Beach · Neighborhood

Latitude Margaritaville Watersound Homes for Sale

Latitude Margaritaville Watersound is a large Bay County home community whose listings carry Panama City Beach. Its nine association parcels sit inside Bay County's 32503 number block, 3,129 parcels that the roll codes mostly single family, with 859 labeled vacant, though the block's size is not a measure of the community. Every one of those association parcels overlaps mapped flood ground, which makes the flood determination for the exact address the record that matters most.

Updated

    Short-term rentals: not allowed, per our brokerage's rental review.

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    Living in Latitude Margaritaville Watersound

    On September 24, 2026, the dwelling-only listing history for this name, limited to Panama City Beach, showed 10 active and 103 sold. Matches outside Panama City Beach were left out, so the figures are neither a plat nor a full inventory.

    County parcel numbers beginning 32503 number 3,129 as of October 3, 2026, and every parcel owned under the Latitude at Watersound association names falls inside that block. The roll labels 2,242 single family, 859 vacant and 14 residential common area, with 14 others: county-owned vacant land, offices, one mixed commercial parcel and one timberland. A single owner name, LMWS, LLC, is listed on 703 of the parcels. Whether the block is still filling in or the roll is behind construction, 103 sold listings cover a small fraction of it.

    Searching the owner field for Latitude at Watersound reaches only nine of those parcels, returned as 33 records because several repeat: 21 labeled residential common area and 12 vacant, under the names Latitude at Watersound HOA Inc (31 records) and Latitude at Watersound Amenity (two records). Site addresses on those records fall on Margaritaville Boulevard, Landshark Boulevard and Latitude Boulevard. The names are labels on a map, not findings about governance, amenities or access.

    All nine of those association-owned parcels overlap mapped flood ground in Bay County's flood-zone layer: Zone A on every one and Zone AE at 9 feet on five, covering from roughly 3 to 69 percent of each parcel. That describes these nine parcels only, not the house lots, so a flood determination for the exact address stays the deciding record.

    The county's map gallery disclaims any legal standing for its GIS layers, and amenity, road and association questions need the governing documents or current county records.

    For every sale recorded under the name, open the Latitude Margaritaville Watersound sales trends. Homes listed across the surrounding postal area are on the Panama City Beach real estate listings. Other subdivisions in the market have write-ups in the full list of Panama City Beach neighborhoods.

    HOA & Fees

    What is the HOA fee at Latitude Margaritaville Watersound?

    As of November 13, 2026, Latitude Margaritaville Watersound homes for sale that report a fee on the MLS list these HOA fees:

    • Single-family homes: $324 to $337 a month, median $328 (3 listings)
    • Townhomes: $341 to $388 a month, median $341 (7 listings)

    Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.

    Based on 10 active MLS listings that report an HOA fee.

    Live Inventory

    Homes for Sale in Latitude Margaritaville Watersound

    12

    Active Listings

    $483K

    Median List Price

    $320

    Avg Price / Sqft

    Live from today's Latitude Margaritaville Watersound MLS file. This count covers condos, townhomes and single-family homes only, the same dwelling basis the market page uses, so lots and land are left out. The median and $/sq ft beside it cover the same 12 listings.

    New

    $460,000

    8665 Sand Dollar Drive

    Panama City Beach, FL 32413

    3 bd 2 ba 1,481 sqft
    New

    $442,900

    8709 Sand Dollar Drive

    Panama City Beach, FL 32413

    2 bd 2 ba 1,447 sqft
    New

    $549,000

    9281 Cool Breeze Drive

    Panama City Beach, FL 32413

    2 bd 2 ba 1,793 sqft
    New

    $715,000

    9231 Paradise Drive

    Panama City Beach, FL 32413

    3 bd 3 ba 2,170 sqft
    Price Reduced

    $669,900

    9287 Escape Avenue

    Panama City Beach, FL 32413

    2 bd 2.5 ba 2,170 sqft
    Price Reduced

    $449,000

    8614 Sand Dollar Drive

    Panama City Beach, FL 32413

    2 bd 2 ba 1,368 sqft
    New

    $400,000

    8831 Attitude Avenue

    Panama City Beach, FL 32413

    2 bd 2 ba 1,200 sqft
    Price Reduced

    $598,000

    8439 Coral Reef Way

    Panama City Beach, FL 32413

    2 bd 2 ba 1,940 sqft

    $405,000

    8450 Dreams Float Court

    Panama City Beach, FL 32413

    2 bd 2 ba 1,315 sqft
    Price Reduced

    $505,000

    8366 Jollymon Way

    Panama City Beach, FL 32413

    2 bd 2 ba 1,368 sqft
    Price Reduced

    $405,900

    8386 Jollymon Way

    Panama City Beach, FL 32413

    2 bd 2 ba 1,315 sqft
    Price Reduced

    $692,000

    8745 Coral Reef Way

    Panama City Beach, FL 32413

    3 bd 3 ba 2,170 sqft

    Local Answers

    Latitude Margaritaville Watersound FAQ

    How much is the HOA fee at Latitude Margaritaville Watersound?

    As of November 13, 2026, Latitude Margaritaville Watersound homes for sale that report a fee on the MLS list these HOA fees: single-family homes, $324 to $337 a month, median $328 (3 listings); townhomes, $341 to $388 a month, median $341 (7 listings). Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.

    Is Latitude Margaritaville Watersound still under construction?

    The county roll points that way, at least for the parcel block that holds every association-owned parcel. As of October 3, 2026 it listed 3,129 parcels with numbers beginning 32503, of which 2,242 were single family and 859 vacant, and one owner name, LMWS, LLC, sat on 703 parcels. Either homes are still being added or the roll lags behind construction, and the roll does not say what that owner name stands for.

    What does the county record show about the Latitude at Watersound homeowners association?

    Two association names own parcels on the roll, Latitude at Watersound HOA Inc and Latitude at Watersound Amenity: nine parcels in all, labeled residential common area or vacant, with site addresses on Margaritaville Boulevard, Landshark Boulevard and Latitude Boulevard. Those owner names are labels on a map, not findings about what the association governs, provides or charges. The recorded declaration from the Bay County clerk and the association's governing documents answer those questions.

    Can a Latitude Margaritaville Watersound home be rented out, and where are the rules written?

    Bay County's parcel roll and the association names on it say nothing about renting. Whatever rules exist would be written in the community's recorded declaration and governing documents, which the Bay County clerk and the association hold, and Bay County zoning applies on top of them.

    Which flood zones reach the Latitude at Watersound association parcels?

    All nine association-owned parcels overlap mapped flood ground in the county layer: Zone A on every one and Zone AE at 9 feet on five, covering anywhere from a small corner to more than two-thirds of a parcel. That reading covers those nine parcels, not the house lots, so ask for a flood determination at the exact address before relying on any zone.

    Why is Panama City Beach named beside the 10 active and 103 sold figures?

    The listing search for this name also reaches properties outside Panama City Beach, and those were removed before counting on September 24, 2026. The parcel counts come from Bay County's roll instead. Those listing figures belong to that September day, and only a new search shows what is for sale now.

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