Back 8724 Pencil Thin Avenue
Off Market

8724 Pencil Thin Avenue

Panama City Beach FL 32413

2
2
2
1481 sq. ft.
37462 sq. ft.
Other
Last sold for $450,000
Nathan GilesNathan Giles, last sold this property on 13 August 2025 after 52 days on market.

Overview

Luxury Retirement Living at Latitude Margaritaville Watersound!!!! Welcome to 8724 Pencil Thin Avenue — featuring the Aloha floorplan, the largest of the cottage models offered in the highly desirable Margaritaville in Panama City Beach, a premier 55+ active adult community where luxury meets leisure along Florida's breathtaking Emerald Coast. Thoughtfully designed with over $107,000 in premium upgrades, this stunning home offers almost 1,500 square feet of refined coastal living. Every detail reflects a seamless blend of comfort, style, and vibrant retirement living at its finest. This home is being sold fully furnished, featuring a professionally styled selection of high-quality furniture, purchased at a value exceeding $25,000. The furnishings have only been used a handful of times and are in like-new condition, making this a truly turnkey opportunity. 2 Bedrooms + Bonus Flex Room | 2 Bathrooms | Almost 1,500 Sq Ft 2-Car Garage | Screened-In Lanai. Premium Interior Finishes & Upgrades Include: Modern stained cabinetry with vaulted ceilings and custom wood beams, High-end quartz countertops, designer backsplash, and upgraded stainless steel appliances, including a premium cooktop and range, Kitchen features pull-out drawers in the lower cabinets for added functionality and convenience, Accent walls in the primary bedroom and dining area for added elegance, Shiplap wall accents, designer lighting, and upgraded trim throughout, A luxurious screened-in lanai - perfect for relaxing or entertaining outdoors in total comfort, A spacious walk-in laundry room with upgraded tile flooring and ample storage, All closets are outfitted with custom Java-style wooden ventilated shelving for style and improved airflow. Bonus Living Area / Flex Room A beautifully lit and versatile space ideal for use as a home office, reading nook, craft studio, or guest room — tailored to your lifestyle. Latitude Margaritaville Watersound - A 55+ Resort-Style Community with Big Plans Ahead: Enjoy an unmatched lifestyle in one of Florida's most talked-about active adult communities: Resort-style pools, a state-of-the-art fitness center, on-site restaurants, bars, live music venues, and a thriving town center, Private beach club access with convenient shuttle service, Pickleball courts, walking and biking trails, dog parks, and year-round community events, A gated, golf-cart-friendly neighborhood designed for connection, convenience, and fun. Ideal Location & Exciting Future Development: Just minutes from boat ramps, kayaking spots, and waterfront restaurants in West Bay, Almost direct access to Northwest Florida Beaches International Airport (ECP) — only a short drive from the community entrance, Future plans include a full-service marina located within the community on the Intracoastal Waterway, offering boaters and water enthusiasts direct access to the coast, A planned connection to Watersound Origins in Walton County will provide expanded access to trails, shops, dining, and recreation. This is more than just a home — it's a gateway to a carefree coastal lifestyle, thoughtfully designed for those 55 and better. Whether you're enjoying your sun-soaked lanai, taking part in community activities, or exploring the beautiful Emerald Coast, 8724 Pencil Thin Ave offers the perfect launchpad for your next adventure. Schedule your private showing today and experience the joy of living in Latitude Margaritaville Watersound — where every day feels like a vacation.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1481 sq. ft. floor area
37462 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 2 bedroom other properties sold in Panama City Beach over the last 12 months, the estimated median property value of 8724 Pencil Thin Avenue is $435k.

Median value
$435k
Estimated value range
$108k - $1.05m
Median days on market
70
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Panama City Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8724 Pencil Thin Avenue

2025
Sold
$450,000
13 Aug 2025 by Nathan Giles, of Keller Williams Success Realty

Happy sellers in Panama City Beach

79%
79% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Panama City Beach over the last 12 months.

Local market activity for 2 bedroom other properties in Panama City Beach

In the last 12 months, 119 two-bedroom other properties similar to 8724 Pencil Thin Avenue, have been sold.

This represents a 56% decrease in two-bedroom other properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Panama City Beach

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent