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Sold for $725,000
  • $725,000

    8794 Coral Reef Way, Panama City Beach, FL 32413

    3beds
    2,114sqft
    Single Family Residence
    Built in 2023
    8,712 Square Feet Lot
    $720,700 Zestimate®
    $343/sqft
    $3,388 Estimated rent

    Home value

    $720,700

    $656,000 - $793,000

    $3,388/mo

    Zestimate® history
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    What's special

    Utility sink in garagePool homePaver lanaiOpen-concept coastal retreatFreeform saltwater poolGreat roomDen with french doors
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS INCREDIBLE POOL HOME, CLOSE TO ALL THE AMENITIES. CLOSE-IN PHASE 4. Latitude Margaritaville Watersound, a 55+ Active Adult Coastal Community. Welcome to paradise in the highly sought-after Seashell Beach Collection (formerly The Hammock) a beautifully appointed pool home offering 3 bedrooms, a den with French doors, and 2.5 baths. Step inside this open-concept coastal retreat where the gorgeous chef's kitchen boasts a gas cooktop, quartz countertops and backsplash, upgraded 42'' cabinetry, and a walk-in pantry with custom shelving. The kitchen flows seamlessly into the great room, featuring a vaulted ceiling, custom built-in bookcase with electric fireplace, and an entire wall of sliding glass doors that open to your private outdoor oasis, complete with a freeform saltwater pool and paver lanai. The primary ensuite is a serene retreat with a bay window overlooking the pool, and a spa-inspired bath featuring an oversized tiled shower with frameless glass enclosure and dual vanities with quartz countertops. Bedrooms two and three share a beautifully upgraded full bath, while the den/office includes convenient access to a half bath. Additional highlights include: 8' interior doors throughout Plantation shutters, blinds, and shades, Crown molding and designer lighting Recessed lighting and ceiling fans in every room, Laminate Revwood by Mohawk flooring throughout, tile in baths and laundry Laundry room with cabinets and a Utility sink in garage. Lush landscaping surrounding this private backyard retreat Enjoy the Latitude Margaritaville Watersound lifestyle, where every day feels like a vacation, surrounded by resort-style amenities, pools, tiki huts, and friendly neighbors who love where they live. This home has a 10 year structural warranty from the original buyers close date and pool warranty. Living in Latitude Margaritaville Watersound means embracing a true resort-style, active adult 55+ community, coastal lifestyle designed for fun and relaxation. At the heart of it all is the Town Square where live entertainment fills the air on a daily basis and every Fri/Sat. night! The Resort-style pools, perfect for lounging in the Florida sunshine or enjoying a swim with friends. State-of-the-art fitness center & group classes - including yoga, spin classes and lap pool and spa, water aerobics to name a few. Walking, biking, and golf cart trails that wind through the community with easy access to all amenities and a underpasses for safe and convenient access throughout the neighborhood. Sports courts - including pickleball, tennis, and bocce, basketball encouraging friendly competition and active living. Kayak launch for adventure seekers, Last Mango Theater for shows and events, ceramics and wood working shops, pet grooming and a dedicated dog park. Beyond the amenities, Latitude Margaritaville Watersound offers a low-maintenance lifestyle--with lawn care included in HOA dues, giving residents more time to enjoy the beach, boating, or exploring nearby Panama City Beach and 30A. Whether it's a sunset golf cart ride, cocktails by the pool, or mingling with neighbors at one of the many social groups, this is a place where every day feels like a vacation. From mornings spent on the lanai overlooking the preserve to afternoons by your private pool and evenings gathering with neighbors, every detail of this property invites you to live life like it's always vacation. This home captures the very essence of coastal living at its finest.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sheryl Lewis 770-316-3334,

    Coldwell Banker Realty

    Bought with:

    Ericka L Van Dee

    EXP Realty LLC

    Source: CPAR,MLS#: 780389MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Breakfast Room/Nook, Bedroom, Den, Garage, Great Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 14.6 x 18.3
    Bedroom
    • Level: First
    • Dimensions: 12.6 x 15.1
    Bedroom
    • Level: First
    • Dimensions: 12.6 x 10.1
    Breakfast room nook
    • Level: First
    • Dimensions: 10 x 8.4
    Den
    • Level: First
    • Dimensions: 11.9 x 13.8
    Garage
    • Level: First
    • Dimensions: 19 x 21
    Great room
    • Level: First
    • Dimensions: 13.11 x 20
    Heating
    • Central, Electric, Forced Air, Fireplace(s), Heat Pump
    Cooling
    • Central Air, Ceiling Fan(s), Heat Pump
    Appliances
    • Included: Gas Cooktop, Gas Water Heater, Tankless Water Heater
    Features
    • Smart Thermostat, Home Theater
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 2,114
    • Total interior livable area: 2,114 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gated
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Porch, Screened
    • Exterior features: Porch, Rain Gutters
    • Has private pool: Yes
    • Pool features: Gunite, Gas Heat, In Ground, Screen Enclosure, Salt Water, Community, Private
    • Spa features: Community
    • On waterfront: Yes
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 67 x 137
    • Features: Sprinkler System, Paved
    Details
    • Parcel number: 32503350274
    • 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
    • Aluminum Siding, HardiPlank Type, Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, High Speed Internet Available, Underground Utilities

    Community & HOA

    Community
    • Features: Basketball Court, Business Center, Fitness Center, Media Room, Pool, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
    • Security: Carbon Monoxide Detector(s), Gated Community, Security Gate, Smoke Detector(s)
    • Senior community: Yes
    • Subdivision: Latitude at Watersound
    HOA
    • Has HOA: Yes
    • Amenities included: Business Center, Gated, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $343/sqft
    • Tax assessed value: $566,974
    • Annual tax amount: $7,042
    • Date on market: 10/15/2025
    • Cumulative days on market: 138 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/13/2026Sold$725,000-1.5%$343/sqft
    Source: CPAR #780389 Report a problem
    3/1/2026Pending sale$735,900$348/sqft
    Source: CPAR #780389 Report a problem
    2/7/2026Price change$735,900-2.8%$348/sqft
    Source: CPAR #780389 Report a problem
    11/24/2025Price change$756,900-2.1%$358/sqft
    Source: CPAR #780389 Report a problem
    10/15/2025Listed for sale$772,900+16.5%$366/sqft
    Source: CPAR #780389 Report a problem
    9/6/2023Sold$663,200$314/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,042 +1760%$566,974 +1775.5%
    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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    Sell for more on Zillow
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    $720,700
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    +$14,414
    With Zillow Showcase(estimated)
    $735,114