8687 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 791927)

8687 Coral Reef Way, Panama City Beach, FL 32413

New Listing

$575,000

Virtual Tour

https://media.panhandleproductions.net/videos/019efeec-3379-7101-8375-117d4f09bb2d?v=399

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Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,685 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $575,000 List Date: 6/26/2026 Last Modified: 6/26/2026

Overview

Description

Welcome to one of the most elegant homes you will ever see in Latitude Margaritaville Watersound! Timeless design, exceptional craftsmanship, and luxury finishes combine to create a residence that will shock your senses and surpass any and all professionally designed homes currently available. Located just minutes from Panama City Beach, Scenic Highway 30A, and the Emerald Coast's world-famous beaches, this better-than-new Coconut floor plan has been professionally curated by an accomplished interior designer and showcases a level of quality rarely found in today's new construction. From the moment you step through the elegant glass front door, you'll immediately notice the attention to detail. Extensive crown molding, custom designer lighting, decorative ceiling beams, premium hardwood flooring throughout, designer tile, and carefully selected finishes create an atmosphere that is both sophisticated and inviting. The heart of the home is a stunning chef's kitchen designed for bo … (Read more) Welcome to one of the most elegant homes you will ever see in Latitude Margaritaville Watersound! Timeless design, exceptional craftsmanship, and luxury finishes combine to create a residence that will shock your senses and surpass any and all professionally designed homes currently available. Located just minutes from Panama City Beach, Scenic Highway 30A, and the Emerald Coast’s world-famous beaches, this better-than-new Coconut floor plan has been professionally curated by an accomplished interior designer and showcases a level of quality rarely found in today’s new construction. From the moment you step through the elegant glass front door, you’ll immediately notice the attention to detail. Extensive crown molding, custom designer lighting, decorative ceiling beams, premium hardwood flooring throughout, designer tile, and carefully selected finishes create an atmosphere that is both sophisticated and inviting. The heart of the home is a stunning chef’s kitchen designed for both everyday living and effortless entertaining. Custom soft-close cabinetry, luxurious quartz countertops, designer fixtures, an elegant tile backsplash, pull-out pantry shelving, dedicated pots-and-pans storage, and thoughtfully designed cabinetry provide the perfect blend of beauty and functionality. The spacious great room offers an open, light-filled living area accented by decorative ceiling beams that add warmth and architectural character. Every space has been thoughtfully designed to flow seamlessly, creating an elegant yet comfortable home that lives beautifully. The owner’s retreat is a true sanctuary featuring rich hardwood flooring that continues into the oversized walk-in closet, creating the feel of a luxury boutique hotel suite. The spa-inspired primary bath offers upgraded cabinetry with double banks of drawers, luxury quartz countertops, premium fixtures, and designer finishes that transform everyday routines into moments of relaxation. Even the details behind the walls have been considered. Additional electrical outlets have been added throughout the home for convenience, while attic pull-down stairs provide easy access to valuable storage. Premium ceiling fans, upgraded bathroom cabinetry, custom lighting, and countless designer enhancements ensure this home is every bit as functional as it is beautiful. The screened lanai provides the perfect extension of your living space, ideal for morning coffee, afternoon reading, or entertaining friends while enjoying the peaceful surroundings and gentle coastal breezes. Beyond your front door, Latitude Margaritaville Watersound offers an unmatched resort lifestyle featuring multiple restaurants and bars, a spectacular resort-style heated pool, indoor lap pool, state-of-the-art fitness center, pickleball and basketball courts, a full-size theater, Barkaritaville Dog Spa, woodworking studio, business center, countless clubs and social activities, and live entertainment nearly every day of the week. The rapidly expanding Watersound Town Center continues to add shopping, dining, banking, and future marina access, making this one of Northwest Florida’s most exciting communities. This is far more than a beautiful home it’s a meticulously upgraded Designer’s Paradise where every finish was intentionally selected, every detail thoughtfully considered, and every space created to elevate daily living. Simply move in, relax, and enjoy the luxury all around. It’s 5 O’clock somewhere so get that golf cart ready to enjoy the lifestyle you spent your whole life waiting for!

Listing Details MLS# 791927

Contract Info

List Price/SqFt: 341.25

Location

Area: 04 – Bay County – North
Street #: 8687
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: 32503-350-116
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Hwy 79 to Latitude Blvd. Turn right onto Margaritaville Blvd and there will be a gate to get into the community. Turn left on to Coral Reef Way and the property will be on the left.
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4058 ORB 4816 P 169

General Property Info

Sub-Type: Detached Single Family
Design: Mediterranean
Apx SqFt(Htd/Cooled): 1685
SqFt Source: Builders Plans
Full Baths: 2
Total Baths: 2
# of Stories in Building: Yes
Year Built: 2023
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 2
Lot Dimensions: 50.0 ft x 131.0 ft
Acreage: 0.15
Lot Size (SqFt): 6534
Pool: No

Listing Info, Tax and Legal

Homestead: Yes
HOA Fee: Yes
HOA Amount: 336.84
HOA Frequency: Monthly
HOA Annual Amount: 4042.08
Senior Community: Yes
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 600
New Buyer Fee Paid: $
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Welcome to one of the most elegant homes you will ever see in Latitude Margaritaville Watersound! Timeless design, exceptional craftsmanship, and luxury finishes combine to create a residence that will shock your senses and surpass any and all professionally designed homes currently available. Located just minutes from Panama City Beach, Scenic Highway 30A, and the Emerald Coast's world-famous beaches, this better-than-new Coconut floor plan has been professionally curated by an accomplished interior designer and showcases a level of quality rarely found in today's new construction. From the moment you step through the elegant glass front door, you'll immediately notice the attention to detail. Extensive crown molding, custom designer lighting, decorative ceiling beams, premium hardwood flooring throughout, designer tile, and carefully selected finishes create an atmosphere that is both sophisticated and inviting. The heart of the home is a stunning chef's kitchen designed for both everyday living and effortless entertaining. Custom soft-close cabinetry, luxurious quartz countertops, designer fixtures, an elegant tile backsplash, pull-out pantry shelving, dedicated pots-and-pans storage, and thoughtfully designed cabinetry provide the perfect blend of beauty and functionality. The spacious great room offers an open, light-filled living area accented by decorative ceiling beams that add warmth and architectural character. Every space has been thoughtfully designed to flow seamlessly, creating an elegant yet comfortable home that lives beautifully. The owner's retreat is a true sanctuary featuring rich hardwood flooring that continues into the oversized walk-in closet, creating the feel of a luxury boutique hotel suite. The spa-inspired primary bath offers upgraded cabinetry with double banks of drawers, luxury quartz countertops, premium fixtures, and designer finishes that transform everyday routines into moments of relaxation. Even the details behind the walls have been considered. Additional electrical outlets have been added throughout the home for convenience, while attic pull-down stairs provide easy access to valuable storage. Premium ceiling fans, upgraded bathroom cabinetry, custom lighting, and countless designer enhancements ensure this home is every bit as functional as it is beautiful. The screened lanai provides the perfect extension of your living space, ideal for morning coffee, afternoon reading, or entertaining friends while enjoying the peaceful surroundings and gentle coastal breezes. Beyond your front door, Latitude Margaritaville Watersound offers an unmatched resort lifestyle featuring multiple restaurants and bars, a spectacular resort-style heated pool, indoor lap pool, state-of-the-art fitness center, pickleball and basketball courts, a full-size theater, Barkaritaville Dog Spa, woodworking studio, business center, countless clubs and social activities, and live entertainment nearly every day of the week. The rapidly expanding Watersound Town Center continues to add shopping, dining, banking, and future marina access, making this one of Northwest Florida's most exciting communities. This is far more than a beautiful home it's a meticulously upgraded Designer's Paradise where every finish was intentionally selected, every detail thoughtfully considered, and every space created to elevate daily living. Simply move in, relax, and enjoy the luxury all around. It's 5 O'clock somewhere so get that golf cart ready to enjoy the lifestyle you spent your whole life waiting for!

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Washer: Yes
Water Heater – Gas: Yes

More Information

Interior Features

Ceiling – Beamed: Yes
Ceiling – Crwn Molding: Yes
Ceiling – Vaulted: Yes
Floor – Hardwood: Yes
Floor – Tile: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Plantation Shutters: Yes
Pull Down Stairs: Yes
Security System: Yes
Window – Bay: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Wood/Frame: Yes
Siding – Hardie Board: Yes

Exterior

Patio Covered: Yes
Porch Screened: Yes

Association Fees Include

Exercise Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Master Association: Yes
Pool: Yes
Recreational Faclty: Yes
Tennis: Yes
Irrigation: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Negotiable: Yes

Interior

Ceiling – Tray: Yes

Living Room

First: Yes

Lot Features

Landscaped: Yes
Subdivision – Recorded: Yes
Retention Pond: Yes
Survey Available: Yes

Lot Access

Comm/Own/Maint: Yes
Gated Access: Yes

Parking Features

Driveway: Yes
Garage Attached: Yes

Present Zoning

Resid Single Family: Yes

Association Amenities

Basketball Court: Yes
Boardwalk: Yes
Community Room: Yes
Conference Center: Yes
Exercise Room: Yes
Fishing: Yes
Gated Community: Yes
Pavilion/Gazebo: Yes
Pool: Yes
Retail Shops: Yes
Tennis: Yes
Waterfront: Yes
Whirlpool: Yes
Dining: Yes
Dog Park: Yes
Pickle Ball: Yes
Recreation Facilities: Yes
Shuffleboard Court: Yes
Sidewalks: Yes
Trail(s): Yes

Rooms

Bedroom: Yes
Living Room: Yes
Primary Bedroom: Yes

Showing

ShowingTime: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Natural Gas – Connected: Yes
Internet – Fiber Optic: Yes
Lift Station: Yes
Phone – Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes
Underground Utilities: Yes

Sale Type

As Is: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Primary Bdrm/Primary Bath

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

Security Features

Gated Community: Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Washer; Water Heater – Gas Primary Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Exterior: Patio Covered; Porch Screened Association Fees Include: Exercise Room; Gated Community; Irrigation; Ground Keeping; Master Association; Pool; Recreational Faclty; Tennis Financing: Cash; Conventional; FHA; VA Furnished: Negotiable Interior: Ceiling – Tray Living Room: First Lot Features: Landscaped; Retention Pond; Subdivision – Recorded; Survey Available Lot Access: Comm/Own/Maint; Gated Access Security Features: Gated Community Parking Features: Driveway; Garage Attached Association Amenities: Basketball Court; Boardwalk; Community Room; Dining; Dog Park; Fishing; Exercise Room; Gated Community; Conference Center; Pavilion/Gazebo; Pickle Ball; Pool; Recreation Facilities; Retail Shops; Shuffleboard Court; Sidewalks; Whirlpool; Tennis; Trail(s); Waterfront Rooms: Bedroom; Living Room; Primary Bedroom Sale Type: As Is Showing: ShowingTime Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Fiber Optic; Lift Station; Natural Gas – Connected; Phone – Available; Public Sewer – Connected; Public Water – Connected; Underground Utilities Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Primary Bedroom	First	13.2 x 15.1	13.20	15.10
Living Room	First	15.2 x 18.7	15.20	18.70
Bedroom	First	12.6 x 11.2	12.60	11.20

Listing Office: Watersound Real Estate

Last Updated: June – 26 – 2026

Information deemed reliable but not guaranteed.