$720,000
8745 Coral Reef Way
Panama City Beach, FL 32413
MLS# 784506
3 beds  |  3 baths  |  2170 sqft


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Property Description
HUGE PRICE IMPROVEMENT - Incredible Value in Margaritaville!! Experience effortless resort-style living in this exceptionally well-maintained, highly sought-after Breeze Bay floorplan on a premium corner lot. This 3-bedroom, 3-bath home features beautiful vinyl plank flooring throughout, creating a seamless, stylish flow. The chef's kitchen is a standout, offering quartz countertops, tile backsplash, gas cooktop, wall oven and microwave, a wine cooler, and an oversized island that opens to the dining and great room--perfect for entertaining. A full wall of glass sliders leads to a screened lanai with tranquil pond views, ideal for relaxing or hosting guests. The primary suite overlooks the backyard and includes a luxurious en-suite with his and her closets, a stunning walk-in shower and dual quartz vanities. Two additional bedrooms provide comfort and privacy, including one with its own en-suite--perfect for visitors. This home is packed with upgrades and peace-of-mind features, including a whole-house generator, epoxy-coated garage floor and lanai, custom blinds, and all appliances conveying, including washer and dryer. Enjoy a vibrant 55+ lifestyle with resort-style pools, fitness center, pickleball and tennis courts, dining, entertainment, and a convenient golf-cart underpass. HOA covers lawn care, amenities, and year-round activities. With exciting growth nearby--including a new Publix, shopping, dining, and a future hospital--this is an unbeatable opportunity at an improved price. Don't miss your chance to own a slice of Margaritaville paradise!

Details
Maps
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 324.43
HOA Frequency: Monthly
HOA Annual Amount: 3893.16
Senior Community: Yes
New Buyer Fee: Yes
New Buyer Fee Amt: 600
Last Taxes: 7000
Last Tax Year: 2025
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 331.8
Status: Active
List Date: 2026-01-22
List Price: $720,000
Current Price: $720,000
Location
Sub Area: 0411 - Bay North - West Bay
Community/Resort: None
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Hwy 98, turn north onto Hwy 79. In approximately 7 miles, turn left onto West Bay Parkway. Take the second left onto Margaritaville Blvd. In .3 miles, turn right onto Coral Reef Way. The home is .6 miles on the left.
Area: 04 - Bay County - North
Street #: 8745
Street Name: Coral Reef
Street Suffix: Way
State: FL
Zip Code: 32413
County: Bay
Subdivision: Latitude at Watersound
Parcel ID: 32503-350-192
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4096 OEB 4738 P 1956
General Property Info
Acreage: 0.21
Design: Florida Cottage
Lot Size (SqFt): 9112
Apx SqFt(Htd/Cooled): 2170
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
Pre-Const Flip: No
Lot Dimensions: 67 x 136
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: Yes
Pool Type: Community
Sub-Type: Detached Single Family
Bedrooms: 3
Full Baths: 3
Total Baths: 3
Year Built: 2023
Remarks & Misc
Remarks: HUGE PRICE IMPROVEMENT - Incredible Value in Margaritaville!! Experience effortless resort-style living in this exceptionally well-maintained, highly sought-after Breeze Bay floorplan on a premium corner lot. This 3-bedroom, 3-bath home features beautiful vinyl plank flooring throughout, creating a seamless, stylish flow. The chef's kitchen is a standout, offering quartz countertops, tile backsplash, gas cooktop, wall oven and microwave, a wine cooler, and an oversized island that opens to the dining and great room--perfect for entertaining. A full wall of glass sliders leads to a screened lanai with tranquil pond views, ideal for relaxing or hosting guests. The primary suite overlooks the backyard and includes a luxurious en-suite with his and her closets, a stunning walk-in shower and dual quartz vanities. Two additional bedrooms provide comfort and privacy, including one with its own en-suite--perfect for visitors. This home is packed with upgrades and peace-of-mind features, including a whole-house generator, epoxy-coated garage floor and lanai, custom blinds, and all appliances conveying, including washer and dryer. Enjoy a vibrant 55+ lifestyle with resort-style pools, fitness center, pickleball and tennis courts, dining, entertainment, and a convenient golf-cart underpass. HOA covers lawn care, amenities, and year-round activities. With exciting growth nearby--including a new Publix, shopping, dining, and a future hospital--this is an unbeatable opportunity at an improved price. Don't miss your chance to own a slice of Margaritaville paradise!
Covered Porch
First: 1
Dining Room
First: 1
Great Room
First: 1
Appliances
Cooktop - Gas: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Gas: 1
Water Heater - Tankless: 1
Interior Features
Floor - Vinyl Plank: 1
Kitchen Island: 1
Lighting - Recessed: 1
Split Bedroom: 1
Window - Treatment All: 1
Construction/Siding
Foundation - Slab on Grade: 1
Wood/Frame: 1
Roof - Composite Shngl: 1
Siding - Hardie Board: 1
Trim - Aluminum: 1
Trim - Vinyl: 1
Trim - Wood: 1
Exterior
Porch Covered: 1
Porch Screened: 1
Storm Windows: 1
Association Fees Include
Accounting: 1
Conference Center: 1
Exercise Room: 1
Gated Community: 1
Ground Keeping: 1
Management: 1
Picnic Area: 1
Pool: 1
Recreational Faclty: 1
Tennis: 1
Theater: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Lot Features
Corner Lot: 1
Covenants & Rescrictions: 1
Curb & Gutter: 1
Sidewalk: 1
Lot Access
Gated Access: 1
Paved Road: 1
Parking Features
Driveway: 1
Garage Attached: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Shower Only: 1
MBath Walk-In Closet: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
Present Zoning
Resid Single Family: 1
Association Amenities
Community Room: 1
Conference Center: 1
Exercise Room: 1
Gated Community: 1
Picnic Area: 1
Pool: 1
Tennis: 1
Theater: 1
Dining: 1
Dog Park: 1
Pickle Ball: 1
Recreation Facilities: 1
Sidewalks: 1
Trail(s): 1
Rooms
Bedroom: 1
Covered Porch: 1
Dining Room: 1
Great Room: 1
Master Bedroom: 1
Utilities
Cable - Available: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Underground Utilities: 1
Sale Type
As Is: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Forced Air: 1
Security Features
Gated Community: 1
Property Features
Appliances: Cooktop - Gas; Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Refrigerator; Washer; Water Heater - Gas; Water Heater - Tankless
Master Bedroom: First
Bedroom: First
Cooling: Central Air; Electric
Heating: Central; Electric; Forced Air
Exterior: Porch Covered; Porch Screened; Storm Windows
Association Fees Include: Accounting; Exercise Room; Gated Community; Ground Keeping; Management; Conference Center; Picnic Area; Pool; Recreational Faclty; Tennis; Theater
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Lot Features: Corner Lot; Covenants & Rescrictions; Curb & Gutter; Sidewalk
Lot Access: Gated Access; Paved Road
Covered Porch: First
Dining Room: First
Great Room: First
Security Features: Gated Community
Parking Features: Driveway; Garage Attached
Association Amenities: Community Room; Dining; Dog Park; Exercise Room; Gated Community; Conference Center; Pickle Ball; Picnic Area; Pool; Recreation Facilities; Sidewalks; Tennis; Theater; Trail(s)
Rooms: Bedroom; Covered Porch; Dining Room; Great Room; Master Bedroom
Sale Type: As Is
Utilities: Cable - Available; Electricity - Connected; Public Sewer - Connected; Public Water - Connected; Underground Utilities
Present Zoning: Resid Single Family
Room Information
Room Name Level Dimensions Length Width
Master BedroomFirst16.2 x 16.416.2016.40
BedroomFirst11 x 11.711.0011.70
BedroomFirst18.7 x 11.418.7011.40
Great RoomFirst21 x 2021.0020.00
Covered PorchFirst24.8 x 1124.8011.00
Dining RoomFirst11.6 x 8.711.608.70

Listing Office: Beachy Beach Real Estate

Last Updated: April - 29 - 2026

Information deemed reliable but not guaranteed.