8745 Coral Reef Way, Panama City Beach, FL 32413

$775,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,170 Lot Size (sq. ft.): 9,112 Status: Active
Current Price: $775,000 List Date: 2/02/2026 Last Modified: 2/27/2026

Description

Welcome to effortless resort-style living in Margaritaville! This exceptionally well-maintained, highly desired Breeze Bay floorplan, corner-lot home offers 3 bedrooms and 3 baths with beautiful vinyl plank flooring throughout for seamless style and continuity. The chef’s kitchen shines with quartz countertops, tile backsplash, wine cooler, gas cooktop, wall oven and microwave, plus an oversized island that flows into the dining and great room–perfect for entertaining. A full wall of glass sliders opens to the lanai with tranquil pond views, creating an ideal gathering space indoors and out. The primary suite overlooks the backyard and features a luxurious en-suite with a stunning shower and dual quartz vanities. Two secondary bedrooms provide comfort and privacy, including one with its own en-suite–perfect for guests. All appliances convey, including washer and dryer, along with custom blinds and window treatments. Garage floor and lanai have been epoxy coated and sealed. Extra storage cabinets in the garage. A whole-house generator adds protection and peace of mind. Enjoy a 55+ active adult paradise offering world-class amenities, resort-style pools, fitness center, Pickleball and tennis courts, dining, entertainment, and a golf-cart underpass to explore it all with ease. Adjacent to the community is a coming soon Publix grocery store, shopping, dining and more! A state of the art medical complex is being built with medical office already open and a new 180 bed hospital proposed to open in 2027. The HOA fee includes all lawn care, amenities, activities year round & more.This is Margaritaville living at its finest!

More Information MLS# 784506

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

Contract Info

List Price/SqFt: 357.14 Status: Active List Date: 2026-01-22 List Price: $775,000 Current Price: $775,000

Location

Sub Area: 0411 – Bay North – West Bay Community/Resort: None Waterfront: No 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. Area: 04 – Bay County – North Street #: 8745 Street Name: Coral Reef Street Suffix: Way State: FL Zip Code: 32413 County: Bay Subdivision: Latitude at Watersound Parcel ID: 32503-350-192 Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4096 OEB 4738 P 1956

General Property Info

Acreage: 0.21 Design: Florida Cottage Lot Size (SqFt): 9112 Apx SqFt(Htd/Cooled): 2170 Construction Status: Construction Complete SqFt Source: Prop App Site # of Stories in Building: 1 Pre-Const Flip: No Lot Dimensions: 67 x 136 New Construction: No Garage Y/N: Yes Garage Spaces: 2 Pool: Yes Pool Type: Community Sub-Type: Detached Single Family Bedrooms: 3 Full Baths: 3 Total Baths: 3 Year Built: 2023

Remarks & Misc

Remarks: Welcome to effortless resort-style living in Margaritaville! This exceptionally well-maintained, highly desired Breeze Bay floorplan, corner-lot home offers 3 bedrooms and 3 baths with beautiful vinyl plank flooring throughout for seamless style and continuity. The chef’s kitchen shines with quartz countertops, tile backsplash, wine cooler, gas cooktop, wall oven and microwave, plus an oversized island that flows into the dining and great room–perfect for entertaining. A full wall of glass sliders opens to the lanai with tranquil pond views, creating an ideal gathering space indoors and out. The primary suite overlooks the backyard and features a luxurious en-suite with a stunning shower and dual quartz vanities. Two secondary bedrooms provide comfort and privacy, including one with its own en-suite–perfect for guests. All appliances convey, including washer and dryer, along with custom blinds and window treatments. Garage floor and lanai have been epoxy coated and sealed. Extra storage cabinets in the garage. A whole-house generator adds protection and peace of mind. Enjoy a 55+ active adult paradise offering world-class amenities, resort-style pools, fitness center, Pickleball and tennis courts, dining, entertainment, and a golf-cart underpass to explore it all with ease. Adjacent to the community is a coming soon Publix grocery store, shopping, dining and more! A state of the art medical complex is being built with medical office already open and a new 180 bed hospital proposed to open in 2027. The HOA fee includes all lawn care, amenities, activities year round & more.This is Margaritaville living at its finest!

Covered Porch

First: 1

Dining Room

First: 1

Great Room

First: 1

Appliances

Cooktop – Gas: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven – Electric: 1 Refrigerator: 1 Washer: 1 Water Heater – Gas: 1 Water Heater – Tankless: 1

Interior Features

Floor – Vinyl Plank: 1 Kitchen Island: 1 Lighting – Recessed: 1 Split Bedroom: 1 Window – Treatment All: 1

Construction/Siding

Foundation – Slab on Grade: 1 Wood/Frame: 1 Roof – Composite Shngl: 1 Siding – Hardie Board: 1 Trim – Aluminum: 1 Trim – Vinyl: 1 Trim – Wood: 1

Exterior

Porch Covered: 1 Porch Screened: 1 Storm Windows: 1

Association Fees Include

Accounting: 1 Conference Center: 1 Exercise Room: 1 Gated Community: 1 Ground Keeping: 1 Management: 1 Picnic Area: 1 Pool: 1 Recreational Faclty: 1 Tennis: 1 Theater: 1

Financing

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Furnished

Unfurnished: 1

Lot Features

Corner Lot: 1 Covenants & Rescrictions: 1 Curb & Gutter: 1 Sidewalk: 1

Lot Access

Gated Access: 1 Paved Road: 1

Parking Features

Driveway: 1 Garage Attached: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Shower Only: 1 MBath Walk-In Closet: 1 MBed First Floor: 1 MBed Walk-in Closet: 1

Present Zoning

Resid Single Family: 1

Association Amenities

Community Room: 1 Conference Center: 1 Exercise Room: 1 Gated Community: 1 Picnic Area: 1 Pool: 1 Tennis: 1 Theater: 1 Dining: 1 Dog Park: 1 Pickle Ball: 1 Recreation Facilities: 1 Sidewalks: 1 Trail(s): 1

Rooms

Bedroom: 1 Covered Porch: 1 Dining Room: 1 Great Room: 1 Master Bedroom: 1

Utilities

Cable – Available: 1 Electricity – Connected: 1 Public Sewer – Connected: 1 Public Water – Connected: 1 Underground Utilities: 1

Sale Type

As Is: 1

Master Bedroom

First: 1

Bedroom

First: 1

Cooling

Central Air: 1 Electric: 1

Heating

Central: 1 Electric: 1 Forced Air: 1

Security Features

Gated Community: 1

Property Features

Appliances: Cooktop – Gas; Dishwasher; Disposal; Dryer; Microwave; Oven – Electric; Refrigerator; Washer; Water Heater – Gas; Water Heater – Tankless Master 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; Master 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

Master Bedroom Level: First Dimensions: 16.2 x 16.4 Length: 16.20 Width: 16.40 Dimensions: 16.2 x 16.4 Bedroom Level: First Dimensions: 11 x 11.7 Length: 11.00 Width: 11.70 Dimensions: 11 x 11.7 Bedroom Level: First Dimensions: 18.7 x 11.4 Length: 18.70 Width: 11.40 Dimensions: 18.7 x 11.4 Great Room Level: First Dimensions: 21 x 20 Length: 21.00 Width: 20.00 Dimensions: 21 x 20 Covered Porch Level: First Dimensions: 24.8 x 11 Length: 24.80 Width: 11.00 Dimensions: 24.8 x 11 Dining Room Level: First Dimensions: 11.6 x 8.7 Length: 11.60 Width: 8.70 Dimensions: 11.6 x 8.7
Listing Office: Beachy Beach Real Estate
Last Updated: February – 27 – 2026
Information deemed reliable but not guaranteed.