8475 Coral Reef Way, Panama City Beach, FL 32413

New Listing
$669,900
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,072 Lot Size (sq. ft.): 6,839 Status: Active
Current Price: $669,900 List Date: 6/04/2026 Last Modified: 6/05/2026

Overview

Description

Welcome to 8475 Coral Reef Way, where exceptional upgrades, breathtaking preserve views, and an active coastal lifestyle come together in one remarkable home. This beautifully maintained, fully furnished (including golf cart), 2 bedroom, 2.5 bathroom with bonus room, single-family residence offers the perfect balance of luxury, comfort, and convenience in one of Panama City Beach's most desirable gated communities. Designed for both everyday living and entertaining, the open-concept floor plan features spacious living areas, abundant natural light, upgraded appliances, whole-house plantation shutters, and thoughtfully selected finishes throughout. The well-appointed kitchen flows seamlessly into the dining and living spaces, creating an inviting atmosphere for gatherings with family and friends. The private owner's suite provides a peaceful retreat, while additional guest accommodations offer comfort and flexibility for visitors. Step outside to enjoy tranquil preserve views, creating

Listing Details MLS# 790824

Contract Info

List Price/SqFt
323.31

Location

Area
04 – Bay County – North
Street #
8475
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
No
Parcel ID
32503-200-302
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
From Panama City Beach Parkway, turn North onto 79, go over the Intercoastal Bridge. At the 2nd traffic light, make a left onto Westbay Parkway, make your first left onto Margaritavile Blvd. After entering through security gate, make you first left onto Coral Reef Way. The home is 3rd house on the right.
Legal Description
LATITUDE AT WATERSOUND AREA 1 PHASE 2 LOT 151 ORB 4529 P 192

General Property Info

Sub-Type
Detached Single Family
Design
Florida Cottage
Apx SqFt(Htd/Cooled)
2072
SqFt Source
Prop App Site
Full Baths
2
Half Baths
Yes
Total Baths
3
# of Stories in Building
Yes
Year Built
2021
Immediate Occupancy
Yes
Pre-Const Flip
No
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
2
Lot Dimensions
49 x 131
Acreage
0.16
Lot Size (SqFt)
6839
Pool
No
Association Fee/Month
388.7

Listing Info, Tax and Legal

HOA Fee
Yes
HOA Amount
388.7
HOA Frequency
Monthly
HOA Annual Amount
4664.4
New Buyer Fee
Yes
New Buyer Fee Amt
500
New Buyer Fee Paid
$
Last Taxes
5783
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
Welcome to 8475 Coral Reef Way, where exceptional upgrades, breathtaking preserve views, and an active coastal lifestyle come together in one remarkable home. This beautifully maintained, fully furnished (including golf cart), 2 bedroom, 2.5 bathroom with bonus room, single-family residence offers the perfect balance of luxury, comfort, and convenience in one of Panama City Beach's most desirable gated communities. Designed for both everyday living and entertaining, the open-concept floor plan features spacious living areas, abundant natural light, upgraded appliances, whole-house plantation shutters, and thoughtfully selected finishes throughout. The well-appointed kitchen flows seamlessly into the dining and living spaces, creating an inviting atmosphere for gatherings with family and friends. The private owner's suite provides a peaceful retreat, while additional guest accommodations offer comfort and flexibility for visitors. Step outside to enjoy tranquil preserve views, creating a picturesque setting for morning coffee, evening cocktails, or simply relaxing and enjoying Florida's natural beauty. Residents enjoy access to an impressive collection of resort-inspired amenities, including an on-site restaurant overlooking the Intracoastal Waterway, a bandshell hosting live music and community events, a fitness center, resort-style pool, pickleball courts, tennis courts, bocce ball courts, walking trails, and a dedicated dog park. The community is both golf-cart friendly and dog friendly, making it easy to enjoy the neighborhood, visit friends, attend events, or take your four-legged companion out for a stroll. The recreational amenities are just a 10-minute walk or a 2-minute golf cart ride from the home. Everyday convenience continues to improve with a new Publix grocery store planned at the entrance to the community, along with additional retail shops, dining options, and service businesses that will further enhance the neighborhood lifestyle. Current shopping, dining, and entertainment destinations, including Pier Park, are approximately 8 miles away. Medical facilities, including major healthcare providers and specialty services, are within approximately 10 miles, while Northwest Florida Beaches International Airport is approximately 12 miles away, making travel convenient for both residents and guests. Whether you're seeking a primary residence, seasonal retreat, or the next chapter of an active Florida lifestyle, 8475 Coral Reef Way offers an outstanding opportunity to enjoy beautiful surroundings, premium upgrades, a welcoming neighborhood atmosphere, and easy access to everything Panama City Beach has to offer.

Den

First
Yes

More Information

Dining Room

First
Yes

Great Room

First
Yes

Screened Porch

First
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
ENERGY STAR Qualified Appliances
Yes
Microwave
Yes
Range – Gas
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Electric
Yes

Interior Features

Ceiling – Crwn Molding
Yes
Ceiling – Vaulted
Yes
Floor – Tile
Yes
Floor – Vinyl Plank
Yes
Kitchen Island
Yes
Lighting – Recessed
Yes
Pantry
Yes
Plantation Shutters
Yes
Pull Down Stairs
Yes
Security System
Yes
Split Bedroom
Yes
Window – Treatment All
Yes

Construction/Siding

Foundation – Slab on Grade
Yes
Wood/Frame
Yes
Roof – Asphalt
Yes
Roof – Gutters
Yes
Siding – Hardie Board
Yes
Trim – Vinyl
Yes

Exterior

Patio Covered
Yes
Porch Screened
Yes
Sprinkler System
Yes

Association Fees Include

Accounting
Yes
Business Center
Yes
Exercise Room
Yes
Gated Community
Yes
Ground Keeping
Yes
Insurance
Yes
Management
Yes
Master Association
Yes
Pool
Yes
Tennis
Yes
Theater
Yes
Other – See Remarks
Yes
Irrigation
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Furnished
Yes

Interior

Floor – Carpet
Yes
Smart Home
Yes
Smart Thermostat
Yes

Lot Features

Covenants & Rescrictions
Yes
Cul-De-Sac
Yes
Landscaped
Yes
Subdivision – Recorded
Yes

Parking Features

Driveway
Yes
Garage Attached
Yes

Mstr Bath / Mstr Bdrm

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

Present Zoning

Resid Single Family
Yes

Association Amenities

Basketball Court
Yes
Boardwalk
Yes
Business Center
Yes
Exercise Room
Yes
Pool
Yes
Tennis
Yes
Theater
Yes
Dining
Yes
Dog Park
Yes
Pickle Ball
Yes
Trail(s)
Yes

Rooms

Bedroom
Yes
Den
Yes
Dining Room
Yes
Great Room
Yes
Master Bedroom
Yes
Screened Porch
Yes

Utilities

Electric 220/240
Yes
Natural Gas – Connected
Yes
Internet – Fiber Optic
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes
Underground Utilities
Yes

Sale Type

As Is
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Electric
Yes
Forced Air
Yes

Security Features

Gated Community
Yes
Key Card Entry
Yes
Security Gate
Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; ENERGY STAR Qualified Appliances; Microwave; Range – Gas; Refrigerator; Washer; Water Heater – Electric Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Electric; Forced Air Exterior: Patio Covered; Porch Screened; Sprinkler System Association Fees Include: Accounting; Business Center; Exercise Room; Gated Community; Insurance; Irrigation; Ground Keeping; Management; Master Association; Pool; Tennis; Theater; Other – See Remarks Financing: Cash; Conventional; FHA; VA Furnished: Furnished Interior: Floor – Carpet; Smart Home; Smart Thermostat Lot Features: Covenants & Rescrictions; Cul-De-Sac; Landscaped; Subdivision – Recorded Den: First Dining Room: First Great Room: First Security Features: Gated Community; Key Card Entry; Security Gate Screened Porch: First Parking Features: Driveway; Garage Attached Association Amenities: Basketball Court; Boardwalk; Business Center; Dining; Dog Park; Exercise Room; Pickle Ball; Pool; Tennis; Theater; Trail(s) Rooms: Bedroom; Den; Dining Room; Great Room; Master Bedroom; Screened Porch Sale Type: As Is Utilities: Electric 220/240; Internet – Fiber Optic; Natural Gas – Connected; Public Sewer – Connected; Public Water – Connected; Underground Utilities Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Master Bedroom First 14.4 x 16.2 14.40 16.20
Bedroom First 13.3 x 11.7 13.30 11.70
Den First 11.4 x 18.7 11.40 18.70
Great Room First 14.8 x 18.4 14.80 18.40
Dining Room First 8.7 x 11.6 8.70 11.60
Screened Porch First 24.8 x 19.4 24.80 19.40
Listing Office: Palms to Pines Real Estate LLC
Last Updated: June – 05 – 2026
Information deemed reliable but not guaranteed.