13649 Banana Wind Way is one of the most desirable homes in the coveted Margaritaville Cottages in Panama City Beach, Florida. This beautiful home is one of the premier lots in the subdivision with a world-class resort style pool & lazy river right outside your back door. The community also boasts 580 feet of private, dedicated sugar-white sand beaches. The subdivision has a newly constructed multi-level entertainment facility that includes an arcade, restaurant, fully equipped gym, and conference rooms. These new amenities create an ideal environment for vacation rentals by making Margaritaville Cottages a perfect place to host corporate retreats, family reunions, wedding parties, and other large groups. This poolside cottage is a 5 bedroom, 4.5 bath home that spans 2,128 heated and cooled square feet with an additional 350 square feet of covered outdoor space. The details of the home are ideal for a vacation rental property or for personal use with its white quartz countertops, grand island in the kitchen, tankless water heater, and stainless steel gas appliances. The luxury vinyl plank flooring is ideal for a poolside beach house with its chic look, durability, and water/pet resistant finish. The open floor plan flows smoothly and maximizes the use of space throughout the home. The kitchen has a grand island with seating for four and an adjacent dining area with seating for eight people. It also has stainless steel appliances including a 36'' gas range. The 10' ceilings throughout the first level make the home feel spacious, and the ample windows provide gorgeous natural lighting in addition to their views of the resort-style pool. The half bath off the main living area is perfect for guests, and the downstairs suite has its own ensuite bathroom with dual vanities and walk-in shower.Upstairs, the quartz finishes are carried throughout the ensuite bathrooms attached to the bedrooms, and the luxury vinyl plank flooring on the first level is present throughout the upstairs as well. One detail I love is that they ran the tile all the way to the ceiling in every shower which gives them a classy touch, that's a detail that so often gets overlooked at this price point. Upstairs also has a washer and dryer that's smartly tucked away into a closet for a minimalist look, and its built-in shelving provides additional hidden storage. Margaritaville Cottages is a premier subdivision in Panama City Beach, Florida located only 2 miles from the renowned Pier Park shopping center, and it also boasts world-class amenities such as a 425 ft lazy river, resort-style pool, two waterslides, a private beach, and brand new multi-level amenities center. The community also has an on-site rental manager and is backed by the Margaritaville brand which is recognized around the globe for its quality and coastal luxury lifestyle.
For sale
$1,295,000
13649 Banana Wind Way, Panama City Beach, FL 32413
5beds
2,128sqft
Est.:
Single Family Residence
Built in 2023
2,178 Square Feet Lot
$1,238,000 Zestimate®
$609/sqft
$742/mo HOA
What's special
Quartz finishesPrivate beachWhite quartz countertopsTwo waterslidesOpen floor planAmple windowsWasher and dryer
- 12 days
- on Zillow |
- 109 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 14, 2025 at 12:59pm
Listed by:
Caleb A Spears 850-974-1765,
Compass,
Jonathan M Spears 850-974-1761,
Compass Florida, LLC
Source: CPAR,MLS#: 771952
Originating MLS: Emerald Coast Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 199.32
- Dimensions: 15.1 x 13.2
Bedroom
- Level: Second
- Area: 199.32
- Dimensions: 15.1 x 13.2
Bedroom
- Level: Second
- Area: 106.05
- Dimensions: 10.5 x 10.1
Bedroom
- Level: Second
- Area: 142.14
- Dimensions: 10.3 x 13.8
Bedroom
- Level: Second
- Area: 142.14
- Dimensions: 10.3 x 13.8
Kitchen
- Level: First
- Area: 170
- Dimensions: 12.5 x 13.6
Living room
- Level: First
- Area: 335.49
- Dimensions: 15.9 x 21.1
Appliances
- Included: Electric Water Heater, Freezer, Gas Range, Microwave
Features
- High Ceilings, Kitchen Island, Recessed Lighting
- Furnished: Yes
Interior area
- Total interior livable area: 2,128 sqft
Property
Parking
- Details: Driveway Spaces:4.00
Features
- Patio & porch: Covered, Porch
- Exterior features: Patio
- Pool features: Gas Heat, In Ground, Community
- Spa features: Community
- Waterfront features: Deeded Access
Lot
- Size: 2,178 Square Feet
- Dimensions: 32 x 76
Details
- Parcel number: 34764200310
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Wood Frame
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2023
Utilities & green energy
- Utilities for property: Trash Collection
Community & HOA
Community
- Features: Barbecue, Beach, Business Center, Clubhouse, Conference/Meeting Room, Fitness Center, Game Room, Pool, Recreation Area, Restaurant, Short Term Rental Allowed, Waterfront
- Security: 24 Hour Security, Security Service
- Subdivision: Margaritaville Cottages
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Game Room
- Services included: Association Management, Clubhouse, Legal/Accounting, Pool(s), Recreation Facilities, Security
- HOA fee: $2,225 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $609/sqft
- Annual tax amount: $10,191
- Date on market: 4/2/2025
- Road surface type: Paved
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