8688 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 792233)

8688 Coral Reef Way, Panama City Beach, FL 32413

New Listing

$475,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,368 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $475,000 List Date: 7/06/2026 Last Modified: 7/06/2026

Overview

Description

This isn't just a home–it's your opportunity to enjoy the ultimate resort lifestyle at Latitude Margaritaville Watersound, one of Florida's premier 55+ active adult communities. Located just 10 miles south of Panama City Beach, you'll be minutes from the Gulf Coast's sugar-white sand beaches and emerald-green waters, with more than 150 public beach access points nearby. Enjoy low HOA fees and an incredible collection of resort-style amenities designed for recreation, relaxation, and social living. The vibrant Town Square features FINtastic dining, live entertainment, clubs, events, fitness facilities, pools, pickleball, and more–all conveniently accessible by golf cart. Ideally situated just off the Scenic Highway 30A corridor, this community offers easy access to approximately 20 miles of some of the world's most beautiful coastline, along with shopping, dining, golf, fishing, and outdoor recreation. Whether you're looking for a full-time residence or the perfect place to enjoy … (Read more)

Listing Details MLS# 792233

Contract Info

List Price/SqFt: 347.22

Location

Area: 04 – Bay County – North
Street #: 8688
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: 32503-350-506
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Hwy 98 go north on Hwy 79 west about 11 miles and you will see Latitude sign on the left. There's a traffic light. You will also see the ''new'' Publix under construction!
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4253 ORB 4692 P 1100

General Property Info

Sub-Type: Attached Single Unit
Design: Beach House
Apx SqFt(Htd/Cooled): 1368
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
# of Stories in Building: Yes
Year Built: 2023
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 4
Lot Dimensions: 35.0 ft x 110.0 ft
Acreage: 0.09
Lot Size (SqFt): 3920
Pool: No

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 340.62
HOA Frequency: Monthly
HOA Annual Amount: 4087.44
Senior Community: Yes
New Buyer Fee: Yes
Last Tax Year: 2025
Lot: 35 x 110
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: No

Remarks & Misc

Remarks: This isn't just a home–it's your opportunity to enjoy the ultimate resort lifestyle at Latitude Margaritaville Watersound, one of Florida's premier 55+ active adult communities. Located just 10 miles south of Panama City Beach, you'll be minutes from the Gulf Coast's sugar-white sand beaches and emerald-green waters, with more than 150 public beach access points nearby. Enjoy low HOA fees and an incredible collection of resort-style amenities designed for recreation, relaxation, and social living. The vibrant Town Square features FINtastic dining, live entertainment, clubs, events, fitness facilities, pools, pickleball, and more–all conveniently accessible by golf cart. Ideally situated just off the Scenic Highway 30A corridor, this community offers easy access to approximately 20 miles of some of the world's most beautiful coastline, along with shopping, dining, golf, fishing, and outdoor recreation. Whether you're looking for a full-time residence or the perfect place to enjoy your next chapter, Latitude Margaritaville Watersound offers the ''License to Chill'' lifestyle you've been dreaming of. A future marina is also planned, adding even more to this exceptional coastal community. This Dreamsicle cottage has a distinct Tropical Vibe and boasts many upgrades and all-new appliances.

Bonus Room

First: Yes

More Information

Dining Room

First: Yes

Garage

First: Yes

Appliances

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

Interior Features

Ceiling – Beamed: Yes
Ceiling – Vaulted: Yes
Floor – Tile: Yes
Pantry: Yes
Plantation Shutters: Yes
Split Bedroom: Yes
Window – Treatment All: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Roof – Composite Shngl: Yes
Siding – Hardie Board: Yes
Trim – Vinyl: Yes

Exterior

Double Pane Windows: Yes
Porch Covered: Yes
Sprinkler System: Yes

Association Fees Include

Accounting: Yes
Business Center: Yes
Exercise Room: Yes
Fishing: Yes
Gated Community: Yes
Ground Keeping: Yes
Pavilion/Gazebo: Yes
Picnic Area: Yes
Pool: Yes
Recreational Faclty: Yes
Tennis: Yes
Theater: Yes
Whirlpool: Yes

Financing

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

Furnished

Negotiable: Yes

Interior

Bonus Room: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Cleared: Yes
Corner Lot: Yes
Covenants & Rescrictions: Yes
Sidewalk: Yes
Survey Available: Yes

Parking Features

Assigned: Yes
Garage Attached: Yes
Garage Door Opener: Yes
Paved: Yes

Present Zoning

Resid Multi-Family: Yes

Association Amenities

Business Center: Yes
Community Room: Yes
Exercise Room: Yes
Gated Community: Yes
Pavilion/Gazebo: Yes
Picnic Area: Yes
Pool: Yes
Tennis: Yes
Theater: Yes
Waterfront: Yes
Whirlpool: Yes
Dog Park: Yes
Sidewalks: Yes

Rooms

Bedroom: Yes
Bonus Room: Yes
Dining Room: Yes
Garage: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes
Tap Fee Paid: Yes

Accessibility Features

Central Living Area: Yes

Sale Type

As Is: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

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

Heating

Central: Yes

Primary Bdrm/Primary Bath

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

Security Features

Carbon Monoxide Detector: Yes
Gated Community: Yes
Smoke Detector(s): Yes

Property Features

Accessibility Features: Central Living Area Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Microwave; Oven – Electric; Washer; Water Heater – Gas Primary Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central Exterior: Double Pane Windows; Porch Covered; Sprinkler System Association Fees Include: Accounting; Business Center; Fishing; Exercise Room; Gated Community; Ground Keeping; Pavilion/Gazebo; Picnic Area; Pool; Recreational Faclty; Whirlpool; Tennis; Theater Financing: Cash; Conventional; FHA; VA Furnished: Negotiable Interior: Bonus Room Kitchen: First Living Room: First Lot Features: Cleared; Corner Lot; Covenants & Rescrictions; Sidewalk; Survey Available Bonus Room: First Dining Room: First Garage: First Security Features: Carbon Monoxide Detector; Gated Community; Smoke Detector(s) Parking Features: Assigned; Garage Attached; Garage Door Opener; Paved Association Amenities: Business Center; Community Room; Dog Park; Exercise Room; Gated Community; Pavilion/Gazebo; Picnic Area; Pool; Sidewalks; Whirlpool; Tennis; Theater; Waterfront Rooms: Bedroom; Bonus Room; Dining Room; Garage; Kitchen; Living Room; Primary Bedroom Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected; Tap Fee Paid Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width
Primary Bedroom	First	13 x 12	13.00	12.00
Bedroom	First	13 x 11	13.00	11.00
Bonus Room	First	12 x 8	12.00	8.00
Kitchen	First	13 x 11	13.00	11.00
Living Room	First	17 x 15	17.00	15.00
Dining Room	First	12 x 11	12.00	11.00
Garage	First	21 x 20	21.00	20.00

Listing Office: Pat T. Fisher Broker

Last Updated: July – 06 – 2026

Information deemed reliable but not guaranteed.