8439 Coral Reef Way, Panama City Beach, FL 32413

New Listing
$620,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,934 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $620,000 List Date: 8/18/2026 Last Modified: 8/18/2026

Overview

Description

Privacy, water views and an especially convenient location come together in this popular Parrot floor plan in Phase 2 of Latitude Margaritaville Watersound. Set on a premium homesite, the property overlooks a wide grassy backyard, peaceful pond and wooded preserve beyond, creating a private backdrop with no homes directly behind you. The screened lanai makes the most of the setting, with plenty of room to relax, dine outdoors and enjoy the view. Inside, the home features two bedrooms plus a versatile den that can easily function as a third bedroom, office or additional living space. Luxury vinyl plank flooring runs throughout the home, complemented by quartz countertops, soft-close cabinetry, a custom tile backsplash and upgraded lighting and finishes. The kitchen is also equipped with a gas connection for those who prefer a gas range. The spacious primary suite is positioned to take advantage of the view, with an expansive bay window and sitting area overlooking the water. D

Listing Details MLS# 794258

Contract Info

List Price/SqFt
320.58

Location

Area
04 – Bay County – North
Street #
8439
Street Name
Coral Reef
Street Suffix
Way
State
FL
Zip Code
32413
County
Bay
Sub Area
0411 – Bay North – West Bay
Subdivision
Latitude at Watersound
Community/Resort
None
Waterfront
Yes
Gulf Access
No
Parcel ID
32503-200-284
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
From the intersection of US Hwy 98 and Hwy 79, head north on Hwy 79. Turn left onto Latitude Boulevard, then right onto Margaritaville Boulevard and proceed through the gate. Take the second right onto Coral Reef Way. 8439 Coral Reef Way will be on the right at the curve.
Legal Description
LATITUDE AT WATERSOUND AREA 1 PHASE 2 LOT 142 ORB 4557 P 1215

General Property Info

Sub-Type
Detached Single Family
Design
Florida Cottage
Apx SqFt(Htd/Cooled)
1934
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
# of Stories in Building
Yes
Accessory Dwelling Unit
No
Year Built
2022
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
2
Driveway Spaces
2
Lot Dimensions
47.0 ft x 131.0 ft x 65.95 ft
Acreage
0.16
Lot Size (SqFt)
6970
Pool
Yes
Pool Type
Community

Listing Info, Tax and Legal

Homestead
No
HOA Fee
Yes
HOA Amount
324.43
HOA Frequency
Monthly
HOA Annual Amount
3893.16
Senior Community
Yes
Is Subject Leased
Yes
Lease Expiration Dt
2026-09-30
New Buyer Fee
Yes
New Buyer Fee Amt
2600
New Buyer Fee Paid
$
Last Taxes
4735.19
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
No

Remarks & Misc

Remarks
Privacy, water views and an especially convenient location come together in this popular Parrot floor plan in Phase 2 of Latitude Margaritaville Watersound. Set on a premium homesite, the property overlooks a wide grassy backyard, peaceful pond and wooded preserve beyond, creating a private backdrop with no homes directly behind you. The screened lanai makes the most of the setting, with plenty of room to relax, dine outdoors and enjoy the view. Inside, the home features two bedrooms plus a versatile den that can easily function as a third bedroom, office or additional living space. Luxury vinyl plank flooring runs throughout the home, complemented by quartz countertops, soft-close cabinetry, a custom tile backsplash and upgraded lighting and finishes. The kitchen is also equipped with a gas connection for those who prefer a gas range. The spacious primary suite is positioned to take advantage of the view, with an expansive bay window and sitting area overlooking the water. Dual closets provide generous storage, while the primary bath features a large vanity, oversized shower, upgraded tile and upgraded countertops. The large laundry room adds useful workspace and storage, with granite countertops and a Speed Queen washer and dryer set. A full two-car garage and private driveway add to the home's everyday functionality. Its location near the neighborhood entrance also makes getting in and out of the community especially convenient, while the Publix and additional retail planned nearby will put groceries, shopping and everyday essentials just minutes from home. With its waterfront and preserve views, flexible floor plan, thoughtful upgrades and easy-access location, this home offers a particularly appealing combination of privacy and convenience within Latitude Margaritaville Watersound. Latitude Margaritaville Watersound offers an active 55+ lifestyle centered around an impressive collection of amenities, including the Latitude Town Square with live entertainment, resort-style Paradise Pool, fitness center, pickleball and tennis courts, Barkaritaville dog park, walking and biking trails, and on-site dining. With a full calendar of activities, clubs and events, the community makes it easy to be as social, active or relaxed as you choose, all within a short drive of the beaches, dining and recreation of Panama City Beach and the surrounding area.

Den

First
Yes

More Information

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
ENERGY STAR Qualified Appliances
Yes
Ice Maker
Yes
Oven – Electric
Yes
Range – Electric
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Tankless
Yes
Wine Cooler
Yes

Interior Features

Ceiling – Vaulted
Yes
Floor – Vinyl Plank
Yes
Kitchen Island
Yes
Lighting – Recessed
Yes
Pull Down Stairs
Yes
Window – Bay
Yes
Window – Treatment All
Yes

Construction/Siding

Foundation – Slab on Grade
Yes
Wood/Frame
Yes
Roof – Composite Shngl
Yes
Roof – Gutters
Yes
Siding – Hardie Board
Yes

Existing Leases

0 – 6 Months
Yes

Exterior

Patio Covered
Yes
Porch Screened
Yes
Sprinkler System
Yes

Association Fees Include

Accounting
Yes
Community Room
Yes
Dock
Yes
Exercise Room
Yes
Fishing
Yes
Gated Community
Yes
Ground Keeping
Yes
Legal
Yes
Master Association
Yes
Pavilion/Gazebo
Yes
Pool
Yes
Recreational Faclty
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Negotiable
Yes

Interior

Ceiling – Tray
Yes
Smart Thermostat
Yes

Living Room

First
Yes

Lot Features

Subdivision – Recorded
Yes
Waterfront
Yes

Lot Access

Gated Access
Yes
Paved Road
Yes
Private Road
Yes

Parking Features

Garage Attached
Yes

Present Zoning

Resid Single Family
Yes

Association Amenities

Basketball Court
Yes
Community Room
Yes
Dock
Yes
Exercise Room
Yes
Gated Community
Yes
Pavilion/Gazebo
Yes
Pool
Yes
Tennis
Yes
Theater
Yes
Dining
Yes
Dog Park
Yes
Pickle Ball
Yes
Recreation Facilities
Yes

Rooms

Den
Yes
Living Room
Yes
Primary Bedroom
Yes

Utilities

Cable – Available
Yes
Electricity – Connected
Yes
Garbage
Yes
Natural Gas – Available
Yes
Internet – Broadband Available
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterview

Lake
Yes

Accessibility Features

Accessible Bedroom
Yes
Accessible Central Living Area
Yes
Accessible Full Bath
Yes

Waterfront Type

Lakefront
Yes

Primary Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Primary Bdrm/Primary Bath

MBath Double Vanity
Yes
MBath Shower Only
Yes
MBath Walk-In Closet
Yes
MBed First Floor
Yes
MBed Waterfront
Yes

Security Features

Gated Community
Yes
Smoke Detector(s)
Yes

Property Features

Accessibility Features: Accessible Bedroom; Accessible Central Living Area; Accessible Full Bath Appliances: Dishwasher; Disposal; Dryer; ENERGY STAR Qualified Appliances; Ice Maker; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Tankless; Wine Cooler Primary Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Existing Leases: 0 – 6 Months Exterior: Patio Covered; Porch Screened; Sprinkler System Association Fees Include: Accounting; Community Room; Dock; Fishing; Exercise Room; Gated Community; Legal; Ground Keeping; Master Association; Pavilion/Gazebo; Pool; Recreational Faclty Financing: Cash; Conventional; FHA; VA Furnished: Negotiable Interior: Ceiling – Tray; Smart Thermostat Living Room: First Lot Features: Subdivision – Recorded; Waterfront Lot Access: Gated Access; Paved Road; Private Road Den: First Security Features: Gated Community; Smoke Detector(s) Parking Features: Garage Attached Association Amenities: Basketball Court; Community Room; Dining; Dock; Dog Park; Exercise Room; Gated Community; Pavilion/Gazebo; Pickle Ball; Pool; Recreation Facilities; Tennis; Theater Rooms: Den; Living Room; Primary Bedroom Utilities: Cable – Available; Electricity – Connected; Garbage; Internet – Broadband Available; Natural Gas – Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Lakefront Waterview: Lake Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Living Room First 15 x 19 15.00 19.00
Primary Bedroom First 152 x 162 152.00 162.00
Den First 132 x 108 132.00 108.00
Listing Office: The Premier Property Group
Last Updated: August – 18 – 2026
Information deemed reliable but not guaranteed.