Skip main navigation
Sold for $565,900
  • $565,900

    8983 Coral Reef Way, Panama City Beach, FL 32413

    2beds
    1,742sqft
    Single Family Residence
    Built in 2023
    4,480 Square Feet Lot
    $586,900 Zestimate®
    $325/sqft
    $2,929 Estimated rent

    Home value

    $586,900

    $552,000 - $628,000

    $2,929/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,929/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,929/mo

    Rent Zestimate®

    Refinance and save

    $3,679/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,679/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Explore this inviting Tortola model Villa, with a tranquil pond view in Phase IV of Latitude Margaritaville Watersound—an exclusive gated active adult 55+ community. This delightful residence comprises 2 bedrooms and 2.5 baths, with hurricane impact windows throughout, including the front entry door, and sliders. The kitchen is a standout with upgrades including quartz countertops, upgraded 42'' cabinets featuring crown molding, soft-close drawers, pantry pull-out shelving, pots and pans drawers, a kitchen island, a convenient gas drop at the range and an included refrigerator. Notable features include in-ceiling music speakers, laminate flooring, upgraded baths with an overhead rain shower in the master, 8' doors, and recessed lighting. Practicality meets luxury with amenities such as a utility sink in the garage, attic storage, an insulated garage boasting impact windows, flood lights, and upgraded belt drive garage door opener with security camera. The screened lanai overlooks the pond offering a peaceful space to relax. The home is backed by a 2-10 year transferrable warranty for added peace of mind. The community presents an array of fantastic amenities, including a Paradise resort pool, Bar & Chill restaurant with Intracoastal Waterway views, a state-of-the-art Fins Up fitness center, pickleball, tennis and basketball courts, a game lawn, live music at the band shell, dancing, a kayak launch, and trails. Conveniently situated within 7 miles of the Gulf of Mexico's sugar-white sands, shopping, and restaurants, Latitude Margaritaville Watersound offers a tailored paradise lifestyle for those seeking an active and vibrant community.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paige A Brown 850-830-9514,

    Compass Florida, LLC.

    Bought with:

    Paige A Brown, SL3437324

    Compass Florida, LLC.

    Source: CPAR,MLS#: 752250MLS 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, Dining Room, Great Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 12.7 x 13.8
    Bedroom
    • Level: First
    • Dimensions: 13.8 x 12.6
    Dining room
    • Level: First
    • Dimensions: 9 x 10.1
    Great room
    • Level: First
    • Dimensions: 14.8 x 17.2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Ice Maker, Tankless Water Heater
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Coffered Ceiling(s)
    • Doors: Insulated Doors
    Interior area
    • Total structure area: 1,742
    • Total interior livable area: 1,742 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch, Screened
    • Exterior features: Porch
    • Pool features: Other, See Remarks, Community
    • Has view: Yes
    • View description: Pond
    • Has water view: Yes
    • Water view: Pond
    • Waterfront features: Other
    Lot
    • Size: 4,480 Square Feet
    • Dimensions: 128 x 35
    Details
    • Parcel number: 32503400232
    • Zoning description: Resid Multi-Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Frame, HardiPlank Type
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Year built: 2023
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Fitness Center, Pool, Tennis Court(s), Gated, Home Owners Association, Short Term Rental Allowed
    • Security: Security Gate, Gated Community, Key Card Entry, Smoke Detector(s), Security Service
    • Senior community: Yes
    • Subdivision: Latitude at Watersound
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Gated
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $487,464
    • Annual tax amount: $6,060
    • Date on market: 2/2/2024
    • Cumulative days on market: 55 days

    Price history

    DateEventPrice
    4/2/2024Sold$565,900-4.1%$325/sqft
    Source: CPAR #752250 Report a problem
    3/29/2024Pending sale$589,990$339/sqft
    Source: ECAOR #941356 Report a problem
    3/18/2024Price change$589,990-1.7%$339/sqft
    Source: ECAOR #941356 Report a problem
    2/2/2024Listed for sale$599,990+4.9%$344/sqft
    Source: ECAOR #941356 Report a problem
    11/30/2023Sold$572,000-2.9%$328/sqft
    Source: Public Record Report a problem
    11/29/2023Pending sale$589,000$338/sqft
    Source: CPAR #748692 Report a problem
    11/15/2023Contingent$589,000$338/sqft
    Source: CPAR #748692 Report a problem
    11/2/2023Listed for sale$589,000$338/sqft
    Source: CPAR #748692 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,060 $487,464 +26479.3%
    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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $586,900
    2% more
    +$11,738
    With Zillow Showcase(estimated)
    $598,638