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For sale
    • Price cut: $500 (7/13)
    $718,500

    8745 Coral Reef Way, Panama City Beach, FL 32413

    3beds
    2,170sqft
    : 
    $4,515/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    9,147 Square Feet Lot
    $701,500 Zestimate®
    $331/sqft
    $-- HOA

    What's special

    Window wallGas stoveQuartz countertopsWhole house generatorPremium corner lotGas cooktopStunning walk-in shower
    INCREDBLE OPPORTUNITY! TENS OF THOUSANDS IN UPGRADES: Whole house generator, window wall, custom blinds/curtains, gas stove, wall oven, wine cooler, pull out garbage can cabinet, 3 way dressing mirror and more! 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!
    188 days
    |
    203
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kay C Blanchard 850-960-8577,

    Beachy Beach Real Estate

    Source: CPAR,MLS#: 784506MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Dining Room, Great Room, Primary Bedroom, Porch
      Primary bedroom
      • Level: First
      • Dimensions: 16.2 x 16.4
      Bedroom
      • Level: First
      • Dimensions: 11 x 11.7
      Bedroom
      • Level: First
      • Dimensions: 18.7 x 11.4
      Dining room
      • Level: First
      • Dimensions: 11.6 x 8.7
      Great room
      • Level: First
      • Dimensions: 21 x 20
      Porch
      • Level: First
      • Dimensions: 24.8 x 11
      Heating
      • Central, Electric, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Gas Cooktop, Gas Water Heater, Tankless Water Heater
      Features
      • Double Vanity, Main Level Primary, Walk-In Closet(s), Home Theater
      • Windows: Storm Window(s)
      Interior area
      • Total structure area: 2,170
      • Total interior livable area: 2,170 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gated
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Porch, Screened
      • Exterior features: Porch
      • Pool features: Community
      Lot
      • Size: 9,147 Square Feet
      • Dimensions: 67 x 136
      • Features: Paved
      Details
      • Parcel number: 32503350192
      • 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
      • Aluminum Siding, HardiPlank Type, Vinyl Siding, Wood Frame
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available, Underground Utilities

      Community & HOA

      Community
      • Features: Clubhouse, Conference/Meeting Room, Fitness Center, Media Room, Park, Pool, Tennis Court(s), Community Pool, Gated, Short Term Rental Allowed
      • Security: Gated Community, Security Gate
      • Senior community: Yes
      • Subdivision: Latitude at Watersound
      HOA
      • Has HOA: Yes
      • Amenities included: Gated, Picnic Area
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $331/sqft
      • Tax assessed value: $585,117
      • Annual tax amount: $7,000
      • Date on market: 2/2/2026
      • Cumulative days on market: 188 days
      • Electric utility on property: Yes

        Estimated market value

        $701,500

        $666,000 - $737,000

        $3,618/mo

        Price history

        DateEventPrice
        7/13/2026Price change$718,500-0.1%$331/sqft
        Source: CPAR #784506 Report a problem
        6/22/2026Price change$719,000-0.1%$331/sqft
        Source: CPAR #784506 Report a problem
        4/29/2026Price change$720,000-5.3%$332/sqft
        Source: CPAR #784506 Report a problem
        4/15/2026Price change$760,000-1.3%$350/sqft
        Source: CPAR #784506 Report a problem
        3/30/2026Price change$770,000-0.6%$355/sqft
        Source: CPAR #784506 Report a problem
        2/2/2026Listed for sale$775,000+12.8%$357/sqft
        Source: CPAR #784506 Report a problem
        10/10/2023Sold$687,000$317/sqft
        Source: Public Record Report a problem
        8/21/2023Pending sale$687,000$317/sqft
        Source: ECAOR #928920 Report a problem
        8/1/2023Listed for sale$687,000+24.2%$317/sqft
        Source: ECAOR #928920 Report a problem
        7/31/2023Sold$553,100$255/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,781 +1691.1%$585,117 +1835.5%
        2023$379 $30,231 +1561%
        2022-- $1,820
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32413

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        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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