8745 Coral Reef Way, Panama City Beach, FL 32413

$719,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,170 Lot Size (sq. ft.): 9,112 Status: Active
Current Price: $719,000 List Date: 2/02/2026 Last Modified: 7/09/2026

Overview

Description

HUGE PRICE IMPROVEMENT – Incredible Value in Margaritaville!! Experience effortless resort-style living in this exceptionally well-maintained, highly sought-after Breeze Bay floorplan on a premium corner lot. This 3-bedroom, 3-bath home features beautiful vinyl plank flooring throughout, creating a seamless, stylish flow. The chef's kitchen is a standout, offering quartz countertops, tile backsplash, gas cooktop, wall oven and microwave, a wine cooler, and an oversized island that opens to the dining and great room–perfect for entertaining. A full wall of glass sliders leads to a screened lanai with tranquil pond views, ideal for relaxing or hosting guests. The primary suite overlooks the backyard and includes a luxurious en-suite with his and her closets, a stunning walk-in shower and dual quartz vanities. Two additional bedrooms provide comfort and privacy, including one with its own en-suite–perfect for visitors. This home is packed with upgrades and peace-of-mind features, in

Open Houses

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Listing Details MLS# 784506

Contract Info

List Price/SqFt
331.34

Location

Area
04 – Bay County – North
Street #
8745
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
32503-350-192
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
From Hwy 98, turn north onto Hwy 79. In approximately 7 miles, turn left onto West Bay Parkway. Take the second left onto Margaritaville Blvd. In .3 miles, turn right onto Coral Reef Way. The home is .6 miles on the left.
Legal Description
LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4096 OEB 4738 P 1956

General Property Info

Sub-Type
Detached Single Family
Design
Florida Cottage
Apx SqFt(Htd/Cooled)
2170
SqFt Source
Prop App Site
Full Baths
3
Total Baths
3
# of Stories in Building
Yes
Year Built
2023
Pre-Const Flip
No
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
2
Lot Dimensions
67 x 136
Acreage
0.21
Lot Size (SqFt)
9112
Pool
Yes
Pool Type
Community

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
7000
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
HUGE PRICE IMPROVEMENT – Incredible Value in Margaritaville!! Experience effortless resort-style living in this exceptionally well-maintained, highly sought-after Breeze Bay floorplan on a premium corner lot. This 3-bedroom, 3-bath home features beautiful vinyl plank flooring throughout, creating a seamless, stylish flow. The chef's kitchen is a standout, offering quartz countertops, tile backsplash, gas cooktop, wall oven and microwave, a wine cooler, and an oversized island that opens to the dining and great room–perfect for entertaining. A full wall of glass sliders leads to a screened lanai with tranquil pond views, ideal for relaxing or hosting guests. The primary suite overlooks the backyard and includes a luxurious en-suite with his and her closets, a stunning walk-in shower and dual quartz vanities. Two additional bedrooms provide comfort and privacy, including one with its own en-suite–perfect for visitors. This home is packed with upgrades and peace-of-mind features, including a whole-house generator, epoxy-coated garage floor and lanai, custom blinds, and all appliances conveying, including washer and dryer. Enjoy a vibrant 55+ lifestyle with resort-style pools, fitness center, pickleball and tennis courts, dining, entertainment, and a convenient golf-cart underpass. HOA covers lawn care, amenities, and year-round activities. With exciting growth nearby–including a new Publix, shopping, dining, and a future hospital–this is an unbeatable opportunity at an improved price. Don't miss your chance to own a slice of Margaritaville paradise!

Covered Porch

First
Yes

More Information

Dining Room

First
Yes

Great Room

First
Yes

Appliances

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

Interior Features

Floor – Vinyl Plank
Yes
Kitchen Island
Yes
Lighting – Recessed
Yes
Split Bedroom
Yes
Window – Treatment All
Yes

Construction/Siding

Foundation – Slab on Grade
Yes
Wood/Frame
Yes
Roof – Composite Shngl
Yes
Siding – Hardie Board
Yes
Trim – Aluminum
Yes
Trim – Vinyl
Yes
Trim – Wood
Yes

Exterior

Porch Covered
Yes
Porch Screened
Yes
Storm Windows
Yes

Association Fees Include

Accounting
Yes
Conference Center
Yes
Exercise Room
Yes
Gated Community
Yes
Ground Keeping
Yes
Management
Yes
Picnic Area
Yes
Pool
Yes
Recreational Faclty
Yes
Tennis
Yes
Theater
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Unfurnished
Yes

Lot Features

Corner Lot
Yes
Covenants & Rescrictions
Yes
Curb & Gutter
Yes
Sidewalk
Yes

Lot Access

Gated Access
Yes
Paved Road
Yes

Parking Features

Driveway
Yes
Garage Attached
Yes

Present Zoning

Resid Single Family
Yes

Association Amenities

Community Room
Yes
Conference Center
Yes
Exercise Room
Yes
Gated Community
Yes
Picnic Area
Yes
Pool
Yes
Tennis
Yes
Theater
Yes
Dining
Yes
Dog Park
Yes
Pickle Ball
Yes
Recreation Facilities
Yes
Sidewalks
Yes
Trail(s)
Yes

Rooms

Bedroom
Yes
Covered Porch
Yes
Dining Room
Yes
Great Room
Yes
Primary Bedroom
Yes

Utilities

Cable – Available
Yes
Electricity – Connected
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

Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes
Forced Air
Yes

Primary Bdrm/Primary Bath

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

Security Features

Gated Community
Yes

Property Features

Appliances: Cooktop – Gas; Dishwasher; Disposal; Dryer; Microwave; Oven – Electric; Refrigerator; Washer; Water Heater – Gas; Water Heater – Tankless Primary Bedroom: First Bedroom: First Cooling: Central Air; Electric Heating: Central; Electric; Forced Air Exterior: Porch Covered; Porch Screened; Storm Windows Association Fees Include: Accounting; Exercise Room; Gated Community; Ground Keeping; Management; Conference Center; Picnic Area; Pool; Recreational Faclty; Tennis; Theater Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Lot Features: Corner Lot; Covenants & Rescrictions; Curb & Gutter; Sidewalk Lot Access: Gated Access; Paved Road Covered Porch: First Dining Room: First Great Room: First Security Features: Gated Community Parking Features: Driveway; Garage Attached Association Amenities: Community Room; Dining; Dog Park; Exercise Room; Gated Community; Conference Center; Pickle Ball; Picnic Area; Pool; Recreation Facilities; Sidewalks; Tennis; Theater; Trail(s) Rooms: Bedroom; Covered Porch; Dining Room; Great Room; Primary Bedroom Sale Type: As Is Utilities: Cable – Available; Electricity – Connected; Public Sewer – Connected; Public Water – Connected; Underground Utilities Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Primary Bedroom First 16.2 x 16.4 16.20 16.40
Bedroom First 11 x 11.7 11.00 11.70
Bedroom First 18.7 x 11.4 18.70 11.40
Great Room First 21 x 20 21.00 20.00
Covered Porch First 24.8 x 11 24.80 11.00
Dining Room First 11.6 x 8.7 11.60 8.70
Listing Office: Beachy Beach Real Estate
Last Updated: July – 09 – 2026
Information deemed reliable but not guaranteed.