8926 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 784867)

8926 Coral Reef Way, Panama City Beach, FL 32413

$540,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,934 Lot Size (sq. ft.): 9,148 Status: Sold

Current Price: $540,000 List Date: 2/07/2026 Last Modified: 6/25/2026

Overview

Description

*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* Welcome to this beautiful Parrot floor plan located in the highly desirable Latitude Margaritaville Watersound 55+ community. This vibrant, welcoming lifestyle is designed for those who want more than just a home. This spacious home offers 2 bedrooms, 2 bathrooms, and a versatile flex room ideal for a home office, gym, or hobby space and an extra room off of the kitchen that can be used for a formal dining area, or customize the room however you want! One of the standout features is the extended screened-in porch, expanded by an additional 10 feet to create an oversized outdoor living area–perfect for morning coffee, entertaining guests, or unwinding after a day at the beach. Inside, the home is enhanced with custom curtains throughout and remote-controlled blinds, offering both style and convenience while maximizing natural light and privacy. Enjoy a spacious primary suite featuring separate his-and-hers closets an … (Read more) *CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* Welcome to this beautiful Parrot floor plan located in the highly desirable Latitude Margaritaville Watersound 55+ community. This vibrant, welcoming lifestyle is designed for those who want more than just a home. This spacious home offers 2 bedrooms, 2 bathrooms, and a versatile flex room ideal for a home office, gym, or hobby space and an extra room off of the kitchen that can be used for a formal dining area, or customize the room however you want! One of the standout features is the extended screened-in porch, expanded by an additional 10 feet to create an oversized outdoor living area–perfect for morning coffee, entertaining guests, or unwinding after a day at the beach. Inside, the home is enhanced with custom curtains throughout and remote-controlled blinds, offering both style and convenience while maximizing natural light and privacy. Enjoy a spacious primary suite featuring separate his-and-hers closets and a beautifully appointed en-suite bathroom with an oversized walk-in shower. There is also a full-house water filtration system adds everyday comfort and peace of mind, and a brand-new golf cart (conveying with the sale) makes getting around the community effortless and fun. With over $50,000 in upgrades, plus a brand-new golf cart, this home is truly move-in ready and offers exceptional value beyond standard builder features. Living in Latitude Margaritaville Watersound means enjoying a resort-style, active lifestyle with amenities that include multiple pools, including an island-style pool overlooking the Intracoastal Waterway, a state-of-the-art fitness center, pickleball and tennis courts, walking and biking trails, social clubs, and a lively Town Center with daily live music and events. HOA fees include landscaping and lawn care, allowing for low-maintenance living. Residents also enjoy a two-story full-service bar and restaurant, daily live music, a dog park, woodworking shop, ceramic studio, theater, and golf-cart-friendly streets throughout the community. A future commercial area is planned to include a Publix grocery store, dining, shopping, and a public marina, adding even more convenience and value. Ideally located near the West Bay corridor, this home is approximately 10 minutes from Northwest Florida Beaches International Airport, 7-10 miles from the white-sand beaches, and close to shopping and entertainment. The community is also near medical facilities, with a hospital currently under construction and expected to be completed in 2027. Skip the construction wait and step directly into a move-in-ready home where upgrades, comfort, and lifestyle come together. It’s time to embrace the Margaritaville way of life!

Listing Details MLS# 784867

Contract Info

List Price/SqFt: 274.04

Location

Area: 04 – Bay County – North
Street #: 8926
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: 32503-400-364
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Highway 79, then turn east on West Bay Parkway. Turn left at 2nd gate on coral Reef Way!
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4B LOT 4499

General Property Info

Sub-Type: Detached Single Family
Design: Ranch
Apx SqFt(Htd/Cooled): 1934
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
# of Stories in Building: Yes
Year Built: 2023
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 70×131
Acreage: 0.21
Lot Size (SqFt): 9148
Pool: Yes
Pool Type: Community

Status Change Info

Under Contract Date: 2026-05-21
Sold Date: 2026-06-23
Sold Price/SqFt: 279.21
Sold Price/Acre: 2571428.57

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 324.43
HOA Frequency: Monthly
HOA Annual Amount: 3893.16
New Buyer Fee: Yes
New Buyer Fee Amt: 600
Brokerage Interest: No Interest

Remarks & Misc

Remarks: *CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* Welcome to this beautiful Parrot floor plan located in the highly desirable Latitude Margaritaville Watersound 55+ community. This vibrant, welcoming lifestyle is designed for those who want more than just a home. This spacious home offers 2 bedrooms, 2 bathrooms, and a versatile flex room ideal for a home office, gym, or hobby space and an extra room off of the kitchen that can be used for a formal dining area, or customize the room however you want! One of the standout features is the extended screened-in porch, expanded by an additional 10 feet to create an oversized outdoor living area–perfect for morning coffee, entertaining guests, or unwinding after a day at the beach. Inside, the home is enhanced with custom curtains throughout and remote-controlled blinds, offering both style and convenience while maximizing natural light and privacy. Enjoy a spacious primary suite featuring separate his-and-hers closets and a beautifully appointed en-suite bathroom with an oversized walk-in shower. There is also a full-house water filtration system adds everyday comfort and peace of mind, and a brand-new golf cart (conveying with the sale) makes getting around the community effortless and fun. With over $50,000 in upgrades, plus a brand-new golf cart, this home is truly move-in ready and offers exceptional value beyond standard builder features. Living in Latitude Margaritaville Watersound means enjoying a resort-style, active lifestyle with amenities that include multiple pools, including an island-style pool overlooking the Intracoastal Waterway, a state-of-the-art fitness center, pickleball and tennis courts, walking and biking trails, social clubs, and a lively Town Center with daily live music and events. HOA fees include landscaping and lawn care, allowing for low-maintenance living. Residents also enjoy a two-story full-service bar and restaurant, daily live music, a dog park, woodworking shop, ceramic studio, theater, and golf-cart-friendly streets throughout the community. A future commercial area is planned to include a Publix grocery store, dining, shopping, and a public marina, adding even more convenience and value. Ideally located near the West Bay corridor, this home is approximately 10 minutes from Northwest Florida Beaches International Airport, 7-10 miles from the white-sand beaches, and close to shopping and entertainment. The community is also near medical facilities, with a hospital currently under construction and expected to be completed in 2027. Skip the construction wait and step directly into a move-in-ready home where upgrades, comfort, and lifestyle come together. It's time to embrace the Margaritaville way of life!

More Information

Appliances

Dishwasher: Yes
Microwave: Yes
Oven – Electric: Yes
Water Heater – Tankless: Yes

Interior Features

Ceiling – Cathedral: Yes
Ceiling – Raised: Yes
Floor – Tile: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Window – Treatment All: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Siding – Hardie Board: Yes
Trim – Hardie Board: Yes

Exterior

Patio Covered: Yes
Sprinkler System: Yes
Storm Windows: Yes

Association Fees Include

Accounting: Yes
Business Center: Yes
Gated Community: Yes
Ground Keeping: Yes
Management: Yes
Pool: Yes
Recreational Faclty: Yes
Tennis: Yes
Theater: Yes
Whirlpool: Yes
Irrigation: Yes

Furnished

Unfurnished: Yes

Lot Access

Gated Access: Yes
Paved Road: Yes

Parking Features

Driveway: Yes
Garage Attached: Yes

Association Amenities

Basketball Court: Yes
Business Center: Yes
Exercise Room: Yes
Gated Community: Yes
Pool: Yes
Tennis: Yes
Theater: Yes
Waterfront: Yes
Whirlpool: Yes
Dog Park: Yes
Pickle Ball: Yes
Sidewalks: Yes
Trail(s): Yes

Rooms

Bedroom: Yes
Primary Bedroom: Yes

Utilities

Electricity – Connected: Yes
Natural Gas – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Primary Bdrm/Primary Bath

MBath Double Vanity: Yes
MBath Shower Only: Yes
MBath Walk-In Closet: Yes

Security Features

Gated Community: Yes
Smoke Detector(s): Yes

Property Features

Appliances: Dishwasher; Microwave; Oven – Electric; Water Heater – Tankless Primary Bedroom: First Bedroom: First Cooling: Central Air Heating: Central Exterior: Patio Covered; Sprinkler System; Storm Windows Association Fees Include: Accounting; Business Center; Gated Community; Irrigation; Ground Keeping; Management; Pool; Recreational Faclty; Whirlpool; Tennis; Theater Furnished: Unfurnished Lot Access: Gated Access; Paved Road Security Features: Gated Community; Smoke Detector(s) Parking Features: Driveway; Garage Attached Association Amenities: Basketball Court; Business Center; Dog Park; Exercise Room; Gated Community; Pickle Ball; Pool; Sidewalks; Whirlpool; Tennis; Theater; Trail(s); Waterfront Rooms: Bedroom; Primary Bedroom Utilities: Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Primary Bedroom	First	16.17 x 15.17	16.17	15.17	Buyer to verify.
Bedroom	First	13.58 x 12.6	13.58	12.60	Buyer to verify.

Listing Office: Foundation Real Estate Agency LLC

Last Updated: June – 25 – 2026

Information deemed reliable but not guaranteed.