Panama City Beach · Neighborhood Market Report
Latitude Margaritaville Watersound Market Analytics
Every number a buyer, seller, or investor needs on one neighborhood: live inventory and closed-sale history - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated November 4, 2026 · Next statistics update early December 2026
How Latitude Margaritaville Watersound is trading
19 homes closed in Latitude Margaritaville Watersound in the trailing 12 months at a median of $550,000, with a 98.0% median list-to-sale ratio. On the active side, 6 of 12 listings sit below original list price, and standing inventory works out to 7.6 months of supply at the current sales pace.
Much of the parcel block that holds the Latitude Margaritaville Watersound association parcels is still labeled vacant, and that is worth knowing before reading any median here. County parcel numbers beginning 32503 count 3,129 parcels, 859 of them labeled vacant, and one owner name, LMWS, LLC, is on 703. The 103 sold listings dated September 24, 2026 therefore describe a small slice of that block, and the count does not separate new-construction closings from later resales. A search of the association's owner name reaches just nine parcels and cannot size the community. Those nine all overlap mapped flood ground, so ask for the flood determination at the exact address instead of leaning on a neighborhood-wide impression.
Year-over-year figures compare the 12 complete calendar months from November 2025 through October 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through November 4, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2022 | Sample too small |
| 2023 | Sample too small |
| 2024 | $532K |
| 2025 | $530K |
| 2026 YTD | $553K |
| Period | Value |
|---|---|
| 2022 | Sample too small |
| 2023 | Sample too small |
| 2024 | $323 |
| 2025 | $313 |
| 2026 YTD | $298 |
| Period | Value |
|---|---|
| Nov 24 | 1 |
| Dec 24 | 2 |
| Jan 25 | 2 |
| Feb 25 | 4 |
| Mar 25 | 2 |
| Apr 25 | 6 |
| May 25 | 1 |
| Jun 25 | 2 |
| Jul 25 | 4 |
| Aug 25 | 3 |
| Sep 25 | 6 |
| Oct 25 | 5 |
| Nov 25 | 1 |
| Dec 25 | 1 |
| Jan 26 | 2 |
| Feb 26 | 3 |
| Mar 26 | 1 |
| Apr 26 | 2 |
| May 26 | 0 |
| Jun 26 | 2 |
| Jul 26 | 1 |
| Aug 26 | 2 |
| Sep 26 | 3 |
| Oct 26 | 1 |
| Period | Value |
|---|---|
| Nov 24 | Sample too small |
| Dec 24 | Sample too small |
| Jan 25 | Sample too small |
| Feb 25 | $536K |
| Mar 25 | Sample too small |
| Apr 25 | $563K |
| May 25 | Sample too small |
| Jun 25 | Sample too small |
| Jul 25 | $585K |
| Aug 25 | $785K |
| Sep 25 | $620K |
| Oct 25 | $450K |
| Nov 25 | Sample too small |
| Dec 25 | Sample too small |
| Jan 26 | Sample too small |
| Feb 26 | $553K |
| Mar 26 | Sample too small |
| Apr 26 | Sample too small |
| May 26 | No data |
| Jun 26 | Sample too small |
| Jul 26 | Sample too small |
| Aug 26 | Sample too small |
| Sep 26 | $620K |
| Oct 26 | Sample too small |
The monthly charts cover the 24 complete calendar months from November 2024 through October 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period November 5, 2021 through November 4, 2026.
From the active file
12 homes are on the market in Latitude Margaritaville Watersound today - a sample of the current file:
$460,000
8665 Sand Dollar Drive
Panama City Beach, FL 32413
$442,900
8709 Sand Dollar Drive
Panama City Beach, FL 32413
$549,000
9281 Cool Breeze Drive
Panama City Beach, FL 32413
$715,000
9231 Paradise Drive
Panama City Beach, FL 32413
$669,900
9287 Escape Avenue
Panama City Beach, FL 32413
$449,000
8614 Sand Dollar Drive
Panama City Beach, FL 32413
The investor file
| Typical acquisition (median, 12 mo) | $550,000 |
|---|---|
| Middle-half range (25th-75th pct, 56 sales / 24 mo) | $415,000 - $750,725 |
| Median price, 2024 to 2026 | +3.8% ($532,450 to $552,500) |
| Average sale price (12 mo) | $579,305 |
| Sales volume, trailing 12 months | $11,006,800 |
| Sale price range, trailing 12 months | $340,000 - $950,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 2 BR | 9 | 13 | $435,000 |
| 3 BR | 3 | 5 | $770,000 |
| 4 BR | 0 | 1 | Sample too small |
Based on information from ECAR for the period November 5, 2021 through November 4, 2026.
Rental rules on the MLS today: 0 of 12 active listings disclose"Short Term Rental - Allowed"; 12 disclose it is not allowed. Always verify current rules with the association or county before purchasing with rental income in mind.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and were last refreshed on November 4, 2026. Based on information from ECAR for the period November 5, 2021 through November 4, 2026.
Why is there no list of individual sold homes?
19 homes closed in Latitude Margaritaville Watersound in the trailing 12 months, from $340,000 to $950,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows area-level statistics only - ask us for the street-by-street sold review and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale "median" is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling in Latitude Margaritaville Watersound?
We track this neighborhood's sales, inventory, and rules every month - get the full picture before you commit.
- MLS market data (ECAR) - updated November 3, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of November 4, 2026.
Sources
- Bay County GIS, Latitude at Watersound parcel query (accessed September 29, 2026)
- Bay County Map Gallery (accessed September 29, 2026)
- Bay County Property Protection and Flood Hazards (accessed September 29, 2026)
- Bay County BayView GIS service (accessed September 29, 2026)
- Bay County GIS, parcels numbered 32503 (accessed October 4, 2026)
- Bay County flood-zone layer at a point inside parcel 32503-250-338 (accessed October 4, 2026)