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Sold for $588,000
  • $588,000

    8716 Coral Reef Way, Panama City Beach, FL 32413

    2beds
    2,083sqft
    Single Family Residence
    Built in 2023
    6,534 Square Feet Lot
    $583,200 Zestimate®
    $282/sqft
    $3,338 Estimated rent

    Home value

    $583,200

    $525,000 - $653,000

    $3,338/mo

    Zestimate® history
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    What's special

    Gas fireplaceResort style poolWraparound lanaiQuartz countertopsGas rangeCeiling fansLaundry cabinets
    MOTIVATED SELLER! LOCATION, LOCATION, LOCATION! Gorgeous Breeze model single family home with beautiful PRIVATE PRESERVE view in Phase 4 Latitude Margaritaville Watersound. CLOSE to AMENITIES and entrances. Within a 4-5 minute golf cart ride to the amenities and dog park. A gated active adult 55+community. Cozy 2 bedroom 2 1/2 bath with den home. WRAPAROUND LANAI, perfect for grilling and outdoor dining! Quartz countertops, laminate flooring, impact glass entry front door, Level 3 kitchen cabinets with crown molding, soft close, pull-out kitchen shelving, under cabinet lighting, pantry, gas range. Recessed lighting, beautiful accent lighting, ceiling fans, gas fireplace, laundry cabinets, glass sliding door off nook onto spacious lanai with preserve view! Amazing Amenities include a private restaurant with 3 bars, resort style pool, live music daily, pickleball, tennis, basketball, bocce ball, cornhole, putting green and a band shell for live music. Fins Up Fitness Center, indoor lap pool and whirlpool. Fun lifestyle staff creating many activities for fun! Phase 2 of the amenities has broken ground and includes a full size theatre, Barkaritaville dog spa, woodworking shop,business center and community rooms for clubs, groups, tastings and food demonstrations. Within 7 miles to the sugar white sands of the Gulf of America., shopping and restaurants. Latitude Margaritaville Watersound is the place for you! Find your paradise here!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sally E Edwards 561-466-0610,

    Bob Hodges And Sons Realty

    Bought with:

    Lynne Hand, 3293530

    Berkshire Hathaway HomeServices Beach Properties of Florida

    Source: CPAR,MLS#: 765062MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Den, Dining Room, Great Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 14.4 x 16.2
    Bedroom
    • Level: First
    • Dimensions: 13.3 x 11.7
    Den
    • Level: First
    • Dimensions: 11.4 x 18.7
    Dining room
    • Level: First
    • Dimensions: 8.7 x 11.6
    Great room
    • Level: First
    • Dimensions: 14.8 x 18.4
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Gas Range, Gas Water Heater, Tankless Water Heater
    Interior area
    • Total structure area: 2,083
    • Total interior livable area: 2,083 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Pool features: Community
    • Spa features: Community
    • On waterfront: Yes
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 50 x 131
    • Features: Sprinkler System, Paved
    Details
    • Parcel number: 32503350306
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type, Wood Frame
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Features: Basketball Court, Elevator, Fitness Center, Pool, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
    • Security: Carbon Monoxide Detector(s), Gated Community, Key Card Entry, Smoke Detector(s)
    • Senior community: Yes
    • Subdivision: Latitude at Watersound
    HOA
    • Has HOA: Yes
    • Amenities included: Gated
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $282/sqft
    • Tax assessed value: $460,111
    • Annual tax amount: $379
    • Date on market: 11/14/2024
    • Cumulative days on market: 123 days

    Price history

    DateEventPrice
    4/17/2025Sold$588,000-3.6%$282/sqft
    Source: CPAR #765062 Report a problem
    3/27/2025Pending sale$610,000$293/sqft
    Source: CPAR #765062 Report a problem
    3/17/2025Contingent$610,000$293/sqft
    Source: CPAR #765062 Report a problem
    3/12/2025Price change$610,000-2.4%$293/sqft
    Source: CPAR #765062 Report a problem
    1/30/2025Price change$625,000-3.5%$300/sqft
    Source: CPAR #765062 Report a problem
    11/14/2024Listed for sale$648,000+21.7%$311/sqft
    Source: CPAR #765062 Report a problem
    6/28/2023Sold$532,400$256/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,237 +1283.4%$460,111 +1422%
    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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    $594,864