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Sold for $400,000
  • $400,000

    8944 Coral Reef Way, Panama City Beach, FL 32413

    2beds
    1,472sqft
    Single Family Residence
    Built in 2023
    -- sqft lot
    $406,100 Zestimate®
    $272/sqft
    $2,898 Estimated rent

    Home value

    $406,100

    $386,000 - $426,000

    $2,898/mo

    Zestimate® history
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    What's special

    Two garage spacesLarge laundry roomGranite countertopsLovely screened-in porchVersatile flex roomElevated cabinetryOversized corner lot
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Step into the best of low-maintenance, resort-style living in this barely lived-in Aloha Cottage! Perfectly situated in Phase 4. You're just minutes from the vibrant Town Square amenities of Latitude Margaritaville Watersound -- one of Northwest Florida's premier 55+ active adult communities. Nestled on a fabulous oversized corner lot, this charming 2-bedroom, 2-bath Florida cottage with a versatile flex room delivers 1,472 square feet of thoughtfully designed living space -- complete with upgrades galore, including granite countertops, elevated cabinetry, and beautiful laminate flooring throughout. The spacious kitchen flows seamlessly into the dining and family rooms, while a large laundry room and a lovely screened-in porch add everyday comfort and coastal charm. Just 7 miles from pristine Gulf beaches and situated within a golf-cart-friendly community, you'll enjoy world-class amenities set along the Intracoastal Waterway -- including a resort-style pool, two-story waterfront restaurant, state-of-the-art fitness center with indoor pool and spa, tennis and pickleball courts, and a lively bandshell for concerts and outdoor events. With two garage spaces, furnishings negotiable, and a brand-new Publix coming soon nearby, this turnkey cottage is ready to become your perfect primary retreat or sun-soaked second home. Live where others vacation -- your coastal dream starts here!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler S Smith 850-818-9004,

    Legacy Premier Agency

    Bought with:

    Michelle L Byron

    Keller Williams Success Realty

    Source: CPAR,MLS#: 788506MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Dining Room, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 13.5 x 14.2
    Bedroom
    • Level: First
    • Dimensions: 10.11 x 10.4
    Bedroom
    • Level: First
    • Dimensions: 11.2 x 14.7
    Dining room
    • Level: First
    • Dimensions: 12.7 x 12.1
    Living room
    • Level: First
    • Dimensions: 18.7 x 16.6
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Electric Range, Tankless Water Heater
    Features
    • Coffered Ceiling(s), Double Vanity, Main Level Primary, Walk-In Closet(s)
    Interior area
    • Total structure area: 1,472
    • Total interior livable area: 1,472 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gated
    • Garage spaces: 2
    Features
    • Patio & porch: Covered, Porch, Screened
    • Exterior features: Porch
    • Pool features: Community
    Lot
    • Features: Paved
    Details
    • Parcel number: 32503400176
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type
    • 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: Business Center, Clubhouse, Fitness Center, Gated, Pool
    • Security: Carbon Monoxide Detector(s), Fire Alarm, Security Gate, Smoke Detector(s), Security Service
    • Subdivision: Latitude at Watersound
    HOA
    • Has HOA: Yes
    • Amenities included: Business Center, Gated
    • Services included: Association Management, Fitness Facility, Legal/Accounting, Pool(s), Recreation Facilities, Tennis Courts
    • HOA fee: $341 monthly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $323,370
    • Annual tax amount: $4,781
    • Date on market: 4/17/2026
    • Cumulative days on market: 77 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/6/2026Sold$400,000-4.1%$272/sqft
    Source: CPAR #788506 Report a problem
    7/3/2026Pending sale$417,000$283/sqft
    Source: CPAR #788506 Report a problem
    6/2/2026Price change$417,000-1.9%$283/sqft
    Source: CPAR #788506 Report a problem
    4/17/2026Listed for sale$425,000-3.4%$289/sqft
    Source: ECAOR #1000857 Report a problem
    4/15/2024Sold$440,000-1.3%$299/sqft
    Source: CPAR #750457 Report a problem
    4/11/2024Pending sale$445,900$303/sqft
    Source: CPAR #750457 Report a problem
    3/15/2024Contingent$445,900$303/sqft
    Source: CPAR #750457 Report a problem
    3/2/2024Price change$445,900-4.9%$303/sqft
    Source: CPAR #750457 Report a problem
    2/23/2024Price change$469,000-3.1%$319/sqft
    Source: CPAR #750457 Report a problem
    2/2/2024Price change$484,000-2%$329/sqft
    Source: CPAR #750457 Report a problem
    1/18/2024Price change$494,000-1%$336/sqft
    Source: CPAR #750457 Report a problem
    12/19/2023Listed for sale$499,000+36.2%$339/sqft
    Source: CPAR #750457 Report a problem
    12/15/2023Sold$366,400$249/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,033 $323,370 +17532%
    2023-- $1,834
    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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    $406,100
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    With Zillow Showcase(estimated)
    $414,222