8725 Coral Reef Way, Panama City Beach, FL 32413
$769,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,934
Lot Size (sq. ft.):
8,538
Status:
Active
Current Price:
$769,000
List Date:
10/17/2025
Last Modified:
3/06/2026
Description
Welcome to your slice of paradise in Latitude Margaritaville Panama City Beach! This stunning Luxury Home perfectly blends relaxed coastal living with upscale comfort. All the necessities are wrapped into this Parrot Model.
Step inside to find an oversized foyer that opens into a bright, open-concept living area featuring tile flooring throughout, beamed cathedral ceilings, and a seamless flow that’s ideal for entertaining or quiet evenings at home. The gourmet kitchen boasts a large center island, stainless steel appliances, and a gas range that’s sure to delight the home chef.
The spacious master suite offers tray ceilings, his and her closets, and a luxurious en-suite bath with a large walk-in tiled shower, double vanity, and soaking tub. The home also includes a dedicated office and bonus room, giving you plenty of flexible space for guests, hobbies, or relaxation.
Step outside to your own backyard oasis featuring a heated pool and jetted hot tub, all overlooking peaceful waterfront views. Whether you’re hosting friends or enjoying a quiet sunset, this space is pure bliss.
Ideally located near the main clubhouse and resort-style amenities, and just a short distance from the upcoming marina, this home offers the perfect mix of luxury, convenience, and coastal charm.
Your Margaritaville lifestyle awaits—schedule your private showing today!
More Information MLS# 780531
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 324.43
HOA Frequency: Monthly
HOA Annual Amount: 3893.16
Senior Community: Yes
New Buyer Fee: Yes
New Buyer Fee Amt: 600
Last Taxes: 6820
Last Tax Year: 2025
Brokerage Interest: No Interest
Section: 17
Township: 2S
Range: 16W
Contract Info
List Price/SqFt: 397.62
Status: Active
List Date: 2025-10-16
List Price: $769,000
Current Price: $769,000
Location
Sub Area: 0411 – Bay North – West Bay
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From the intersection of Hwy 79 and West Bay Parkway, take West Bay Parkway West to Margaritaville Blvd on Left. Take Margaritaville Blvd. to Coral Reef Way on Right. Take Coral Reef Way to Home on Left.
Area: 04 – Bay County – North
Street #: 8725
Street Name: Coral Reef
Street Suffix: Way
State: FL
Zip Code: 32413
County: Bay
Subdivision: Latitude at Watersound
Parcel ID: 32503-350-150
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4075 ORB 4719 P 1621
General Property Info
Acreage: 0.2
Design: Florida Cottage
Lot Size (SqFt): 8538
Apx SqFt(Htd/Cooled): 1934
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 58x131x68x131
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Year Built: 2023
Remarks & Misc
Remarks: Welcome to your slice of paradise in Latitude Margaritaville Panama City Beach! This stunning Luxury Home perfectly blends relaxed coastal living with upscale comfort. All the necessities are wrapped into this Parrot Model.
Step inside to find an oversized foyer that opens into a bright, open-concept living area featuring tile flooring throughout, beamed cathedral ceilings, and a seamless flow that’s ideal for entertaining or quiet evenings at home. The gourmet kitchen boasts a large center island, stainless steel appliances, and a gas range that’s sure to delight the home chef.
The spacious master suite offers tray ceilings, his and her closets, and a luxurious en-suite bath with a large walk-in tiled shower, double vanity, and soaking tub. The home also includes a dedicated office and bonus room, giving you plenty of flexible space for guests, hobbies, or relaxation.
Step outside to your own backyard oasis featuring a heated pool and jetted hot tub, all overlooking peaceful waterfront views. Whether you’re hosting friends or enjoying a quiet sunset, this space is pure bliss.
Ideally located near the main clubhouse and resort-style amenities, and just a short distance from the upcoming marina, this home offers the perfect mix of luxury, convenience, and coastal charm.
Your Margaritaville lifestyle awaits—schedule your private showing today!
Bonus Room
First: 1
Covered Porch
First: 1
Foyer
First: 1
Garage
First: 1
Laundry
First: 1
Master Bathroom
First: 1
Office
First: 1
Pool Features
Heated – Gas: 1
Inground: 1
Spa/ Hot Tub: 1
Waterfall: 1
Appliances
Cooktop – Gas: 1
Dishwasher: 1
Disposal: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Water Heater – Gas: 1
Water Heater – Tankless: 1
Interior Features
Ceiling – Beamed: 1
Ceiling – Cathedral: 1
Floor – Tile: 1
Kitchen Island: 1
Lighting – Recessed: 1
Split Bedroom: 1
Construction/Siding
Foundation – Slab on Grade: 1
Wood/Frame: 1
Roof – Dimensional Shg: 1
Roof – Gutters: 1
Siding – Hardie Board: 1
Exterior
Porch Covered: 1
Porch Screened: 1
Storm Windows: 1
Association Fees Include
Accounting: 1
Advertising: 1
Business Center: 1
Exercise Room: 1
Gated Community: 1
Picnic Area: 1
Pool: 1
Recreational Faclty: 1
Tennis: 1
Financing
Cash: 1
Conventional: 1
VA: 1
Furnished
Negotiable: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Interior Lot: 1
Waterfront: 1
Lot Access
Comm/Own/Maint: 1
Gated Access: 1
Paved Road: 1
Parking Features
Driveway: 1
Garage Attached: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
Present Zoning
Resid Single Family: 1
Association Amenities
BBQ Pit/Grill: 1
Business Center: 1
Community Room: 1
Conference Center: 1
Exercise Room: 1
Gated Community: 1
Pool: 1
Security-24 hour: 1
Tennis: 1
Theater: 1
Waterfront: 1
Whirlpool: 1
Dining: 1
Pickle Ball: 1
Sidewalks: 1
Trail(s): 1
Rooms
Bedroom: 1
Bonus Room: 1
Covered Porch: 1
Foyer: 1
Full Bathroom: 1
Garage: 1
Kitchen: 1
Laundry: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Office: 1
Showing
ShowingTime: 1
Utilities
Electricity – Connected: 1
Natural Gas – Connected: 1
Internet – Broadband Available: 1
Sewer Available: 1
Public Water – Available: 1
Sale Type
As Is: 1
Full Bathroom
First: 1
Waterfront Type
Other: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Security Features
Gated Community: 1
Property Features
Appliances: Cooktop – Gas; Dishwasher; Disposal; Ice Maker; Microwave; Refrigerator; Water Heater – Gas; Water Heater – Tankless
Full Bathroom: First
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Exterior: Porch Covered; Porch Screened; Storm Windows
Association Fees Include: Accounting; Advertising; Business Center; Exercise Room; Gated Community; Picnic Area; Pool; Recreational Faclty; Tennis
Financing: Cash; Conventional; VA
Furnished: Negotiable
Kitchen: First
Living Room: First
Lot Features: Interior Lot; Waterfront
Lot Access: Comm/Own/Maint; Gated Access; Paved Road
Bonus Room: First
Master Bathroom: First
Covered Porch: First
Foyer: First
Garage: First
Laundry: First
Office: First
Pool Features: Heated – Gas; Inground; Spa/ Hot Tub; Waterfall
Security Features: Gated Community
Parking Features: Driveway; Garage Attached
Association Amenities: BBQ Pit/Grill; Business Center; Community Room; Dining; Exercise Room; Gated Community; Conference Center; Pickle Ball; Pool; Security-24 hour; Sidewalks; Whirlpool; Tennis; Theater; Trail(s); Waterfront
Rooms: Bedroom; Bonus Room; Covered Porch; Foyer; Full Bathroom; Garage; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom; Office
Sale Type: As Is
Showing: ShowingTime
Utilities: Electricity – Connected; Internet – Broadband Available; Natural Gas – Connected; Sewer Available; Public Water – Available
Waterfront Type: Other
Present Zoning: Resid Single Family
Room Information
Living Room
Level: First
Dimensions: 19 x 14
Length: 19.00
Width: 14.00
Dimensions: 19 x 14
Kitchen
Level: First
Dimensions: 23 x 11
Length: 23.00
Width: 11.00
Dimensions: 23 x 11
Foyer
Level: First
Dimensions: 16 x 12
Length: 16.00
Width: 12.00
Dimensions: 16 x 12
Master Bedroom
Level: First
Dimensions: 16 x 15
Length: 16.00
Width: 15.00
Dimensions: 16 x 15
Master Bathroom
Level: First
Dimensions: 13 x 8
Length: 13.00
Width: 8.00
Dimensions: 13 x 8
Bedroom
Level: First
Dimensions: 14 x 13
Length: 14.00
Width: 13.00
Dimensions: 14 x 13
Full Bathroom
Level: First
Dimensions: 8 x 6
Length: 8.00
Width: 6.00
Dimensions: 8 x 6
Office
Level: First
Dimensions: 13 x 10
Length: 13.00
Width: 10.00
Dimensions: 13 x 10
Bonus Room
Level: First
Dimensions: 13 x 11
Length: 13.00
Width: 11.00
Dimensions: 13 x 11
Laundry
Level: First
Dimensions: 16 x 7
Length: 16.00
Width: 7.00
Dimensions: 16 x 7
Garage
Level: First
Dimensions: 21 x 19
Length: 21.00
Width: 19.00
Dimensions: 21 x 19
Covered Porch
Level: First
Dimensions: 23 x 10
Length: 23.00
Width: 10.00
Dimensions: 23 x 10
Listing Office:
Performance Realty
Last Updated: March – 06 – 2026
Information deemed reliable but not guaranteed.