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Sold for $665,000
  • $665,000

    8705 Coral Reef Way, Panama City Beach, FL 32413

    3beds
    1,956sqft
    Single Family Residence
    Built in 2023
    6,534 Square Feet Lot
    $653,700 Zestimate®
    $340/sqft
    $3,277 Estimated rent

    Home value

    $653,700

    $621,000 - $686,000

    $3,277/mo

    Zestimate® history
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    What's special

    Come join the fun at Minto's 55 and Better Community located just minutes away from our beautiful Emerald coast beaches! Don't wait two years to get on the list and build your home! It's ready now! Minto has long been committed to developing environmentally sustainable communities and building homes with the finest ''Green'' technologies. This gorgeous, almost new and well maintained Parrot Beach home model in sought after Latitude Margaritaville appraised for $675,000 8/23.! $103,000 in upgrades in this incredible home is waiting for you as you drive and then walk onto the stone pavers to the front door. As you enter this beautiful and bright home you are greeted with not only 8' doors throughout but oil rubbed bronze hardware and fixtures as well as coastal shutters which gives this home a warm look throughout. Upgraded laminate flooring in Antique Lure Cotton throughout except baths and utility room which are upgraded Level 4 tile. Kitchen is loaded with upgraded white cabinets with crown molding - full length as well as 42'' cabinets. Dovetailed soft close drawers, pantry pull out shelves, base cabinets with pull out shelves, pots and pans drawers, upgraded backsplash, Level 3 granite countertops, under cabinet lighting, double trash pullout, double wall oven, gas cooktop as well as wood panel on back of island. This 3 BR home with den has a bay window in oversized primary bedroom with coffered ceiling, seamless glass shower enclosure in primary bath with pebble flooring, handheld shower with slider and standard showerhead, 12 x 24 Level 4 tile in primary shower with corner ledge. Pocket door separating primary bedroom and master closet/bath. Study/Dining room has French panel doors with coastal shutters, security system, and fans throughout home. Laundry room has utility sink and upper cabinets. Custom extended 22' x 24' lanai with pavers also has recessed lights and custom 20/20 screen with pitched roofline. Attic storage in garage with upgraded attic floor and pulldown stairs for easy access and custom epoxy flooring, 20 amp dedicated outlet and sink. Tropical landscaping in backyard with uplighting. You get to enjoy the amenities with resort-style pool with live music throughout the week under the pool tiki hut! The two story Bar & Chill restaurant overlooks the intracoastal waterway for casual dining and great food! The Fitness Center offers state-of-the-art workout equipment along with daily fitness classes. There is an indoor, 3 lane pool with a hot tub and a separate Spin Room! There are pickleball courts as well as tennis, bocce ball along with a grassy area with cornhole, pool table, ping-pong table and a putting green! The Band Shell offers live music on weekends as well as live music on weekdays at the pool in the summer and the Bar & Chill in winter. There's a kayak launch and much more to come! There are many weekly events offered to all homeowners through the HOA. A St. Joe marina is coming in near future. The Barkaritaville dog park is available for your best friends. Our Town Square restaurants and shopping should be completed in the near future with excellent shopping to include a grocery store, bank, golf cart store, and much more. Come see this move in ready home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Vera O Henson 850-866-2522,

    Beach Haven Realty

    Bought with:

    Alisa Walley, 3587466

    Coldwell Banker Realty

    Source: CPAR,MLS#: 753408MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Breakfast Room/Nook, Den, Living Room, Primary Bathroom
    Primary bathroom
    • Level: First
    • Dimensions: 15.2 x 16.2
    Breakfast room nook
    • Level: First
    • Dimensions: 10.2 x 9.8
    Den
    • Level: First
    • Dimensions: 13.2 x 10.8
    Living room
    • Level: First
    • Dimensions: 19 x 15
    Heating
    • Central, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Heat Pump
    Appliances
    • Included: ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, Ice Maker, Tankless Water Heater
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Smart Home
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 1,956
    • Total interior livable area: 1,956 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Pool features: Community
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 50 x 131
    • Features: Sprinkler System
    Details
    • Parcel number: 32503350140
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type, Vinyl Siding
    • Foundation: Slab
    • Roof: Composition,Other,Shingle
    Condition
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, High Speed Internet Available, Water Connected
    Green energy
    • Energy efficient items: Appliances

    Community & HOA

    Community
    • Features: Basketball Court, Business Center, Fitness Center, Pool, Tennis Court(s), Gated
    • Security: Fire Sprinkler System, Security Gate, Gated Community, Smoke Detector(s), Security Service
    • Senior community: Yes
    • Subdivision: Latitude at Watersound
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Business Center, Gated
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $340/sqft
    • Tax assessed value: $518,572
    • Annual tax amount: $5,959
    • Date on market: 7/24/2024
    • Cumulative days on market: 55 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/15/2024Sold$665,000$340/sqft
    Source: CPAR #753408 Report a problem
    2/28/2024Listed for sale$665,000+7.7%$340/sqft
    Source: CPAR #753408 Report a problem
    8/15/2023Sold$617,500-3.5%$316/sqft
    Source: CPAR #742675 Report a problem
    7/28/2023Pending sale$639,900$327/sqft
    Source: CPAR #742675 Report a problem
    7/12/2023Contingent$639,900$327/sqft
    Source: CPAR #742675 Report a problem
    7/1/2023Price change$639,900-3%$327/sqft
    Source: CPAR #742675 Report a problem
    6/13/2023Listed for sale$659,900+31%$337/sqft
    Source: CPAR #742675 Report a problem
    6/12/2023Sold$503,900$258/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,959 +1474.1%$518,572 +1615.4%
    2023$379 $30,231 +1561%
    2022-- $1,820
    Find assessor info on the county website

    Neighborhood: 32413

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Bay
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $653,700
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    With Zillow Showcase(estimated)
    $666,774