8439 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 794258)


$620,000
8439 Coral Reef Way
Panama City Beach, FL 32413
MLS# 794258
2 beds  |  2 baths  |  1934 sqft


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Property Description
Privacy, water views and an especially convenient location come together in this popular Parrot floor plan in Phase 2 of Latitude Margaritaville Watersound. Set on a premium homesite, the property overlooks a wide grassy backyard, peaceful pond and wooded preserve beyond, creating a private backdrop with no homes directly behind you. The screened lanai makes the most of the setting, with plenty of room to relax, dine outdoors and enjoy the view. Inside, the home features two bedrooms plus a versatile den that can easily function as a third bedroom, office or additional living space. Luxury vinyl plank flooring runs throughout the home, complemented by quartz countertops, soft-close cabinetry, a custom tile backsplash and upgraded lighting and finishes. The kitchen is also equipped with a gas connection for those who prefer a gas range. The spacious primary suite is positioned to take advantage of the view, with an expansive bay window and sitting area overlooking the water. Dual closets provide generous storage, while the primary bath features a large vanity, oversized shower, upgraded tile and upgraded countertops. The large laundry room adds useful workspace and storage, with granite countertops and a Speed Queen washer and dryer set. A full two-car garage and private driveway add to the home's everyday functionality. Its location near the neighborhood entrance also makes getting in and out of the community especially convenient, while the Publix and additional retail planned nearby will put groceries, shopping and everyday essentials just minutes from home. With its waterfront and preserve views, flexible floor plan, thoughtful upgrades and easy-access location, this home offers a particularly appealing combination of privacy and convenience within Latitude Margaritaville Watersound. Latitude Margaritaville Watersound offers an active 55+ lifestyle centered around an impressive collection of amenities, including the Latitude Town Square with live entertainment, resort-style Paradise Pool, fitness center, pickleball and tennis courts, Barkaritaville dog park, walking and biking trails, and on-site dining. With a full calendar of activities, clubs and events, the community makes it easy to be as social, active or relaxed as you choose, all within a short drive of the beaches, dining and recreation of Panama City Beach and the surrounding area.

Details
Maps
General Property Info
Acreage: 0.16
Design: Florida Cottage
Lot Size (SqFt): 6970
Apx SqFt(Htd/Cooled): 1934
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
Accessory Dwelling Unit: No
Lot Dimensions: 47.0 ft x 131.0 ft x 65.95 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 2
Pool: Yes
Pool Type: Community
Sub-Type: Detached Single Family
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Year Built: 2022
Contract Info
List Price/SqFt: 320.58
Status: Active
List Date: 2026-08-08
List Price: $620,000
Current Price: $620,000
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 US Hwy 98 and Hwy 79, head north on Hwy 79. Turn left onto Latitude Boulevard, then right onto Margaritaville Boulevard and proceed through the gate. Take the second right onto Coral Reef Way. 8439 Coral Reef Way will be on the right at the curve.
Area: 04 - Bay County - North
Street #: 8439
Street Name: Coral Reef
Street Suffix: Way
State: FL
Zip Code: 32413
County: Bay
Subdivision: Latitude at Watersound
Parcel ID: 32503-200-284
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 2 LOT 142 ORB 4557 P 1215
Listing Info, Tax and Legal
Homestead: No
HOA Fee: Yes
HOA Amount: 324.43
HOA Frequency: Monthly
HOA Annual Amount: 3893.16
Senior Community: Yes
Is Subject Leased: Yes
Lease Expiration Dt: 2026-09-30
New Buyer Fee: Yes
New Buyer Fee Amt: 2600
New Buyer Fee Paid: $
Last Taxes: 4735.19
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Privacy, water views and an especially convenient location come together in this popular Parrot floor plan in Phase 2 of Latitude Margaritaville Watersound. Set on a premium homesite, the property overlooks a wide grassy backyard, peaceful pond and wooded preserve beyond, creating a private backdrop with no homes directly behind you. The screened lanai makes the most of the setting, with plenty of room to relax, dine outdoors and enjoy the view. Inside, the home features two bedrooms plus a versatile den that can easily function as a third bedroom, office or additional living space. Luxury vinyl plank flooring runs throughout the home, complemented by quartz countertops, soft-close cabinetry, a custom tile backsplash and upgraded lighting and finishes. The kitchen is also equipped with a gas connection for those who prefer a gas range. The spacious primary suite is positioned to take advantage of the view, with an expansive bay window and sitting area overlooking the water. Dual closets provide generous storage, while the primary bath features a large vanity, oversized shower, upgraded tile and upgraded countertops. The large laundry room adds useful workspace and storage, with granite countertops and a Speed Queen washer and dryer set. A full two-car garage and private driveway add to the home's everyday functionality. Its location near the neighborhood entrance also makes getting in and out of the community especially convenient, while the Publix and additional retail planned nearby will put groceries, shopping and everyday essentials just minutes from home. With its waterfront and preserve views, flexible floor plan, thoughtful upgrades and easy-access location, this home offers a particularly appealing combination of privacy and convenience within Latitude Margaritaville Watersound. Latitude Margaritaville Watersound offers an active 55+ lifestyle centered around an impressive collection of amenities, including the Latitude Town Square with live entertainment, resort-style Paradise Pool, fitness center, pickleball and tennis courts, Barkaritaville dog park, walking and biking trails, and on-site dining. With a full calendar of activities, clubs and events, the community makes it easy to be as social, active or relaxed as you choose, all within a short drive of the beaches, dining and recreation of Panama City Beach and the surrounding area.
Den
First: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
ENERGY STAR Qualified Appliances: 1
Ice Maker: 1
Oven - Electric: 1
Range - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Tankless: 1
Wine Cooler: 1
Interior Features
Ceiling - Vaulted: 1
Floor - Vinyl Plank: 1
Kitchen Island: 1
Lighting - Recessed: 1
Pull Down Stairs: 1
Window - Bay: 1
Window - Treatment All: 1
Construction/Siding
Foundation - Slab on Grade: 1
Wood/Frame: 1
Roof - Composite Shngl: 1
Roof - Gutters: 1
Siding - Hardie Board: 1
Existing Leases
0 - 6 Months: 1
Exterior
Patio Covered: 1
Porch Screened: 1
Sprinkler System: 1
Association Fees Include
Accounting: 1
Community Room: 1
Dock: 1
Exercise Room: 1
Fishing: 1
Gated Community: 1
Ground Keeping: 1
Legal: 1
Master Association: 1
Pavilion/Gazebo: 1
Pool: 1
Recreational Faclty: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Negotiable: 1
Interior
Ceiling - Tray: 1
Smart Thermostat: 1
Living Room
First: 1
Lot Features
Subdivision - Recorded: 1
Waterfront: 1
Lot Access
Gated Access: 1
Paved Road: 1
Private Road: 1
Parking Features
Garage Attached: 1
Present Zoning
Resid Single Family: 1
Association Amenities
Basketball Court: 1
Community Room: 1
Dock: 1
Exercise Room: 1
Gated Community: 1
Pavilion/Gazebo: 1
Pool: 1
Tennis: 1
Theater: 1
Dining: 1
Dog Park: 1
Pickle Ball: 1
Recreation Facilities: 1
Rooms
Den: 1
Living Room: 1
Primary Bedroom: 1
Utilities
Cable - Available: 1
Electricity - Connected: 1
Garbage: 1
Natural Gas - Available: 1
Internet - Broadband Available: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Lake: 1
Accessibility Features
Accessible Bedroom: 1
Accessible Central Living Area: 1
Accessible Full Bath: 1
Waterfront Type
Lakefront: 1
Primary Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Primary Bdrm/Primary Bath
MBath Double Vanity: 1
MBath Shower Only: 1
MBath Walk-In Closet: 1
MBed First Floor: 1
MBed Waterfront: 1
Security Features
Gated Community: 1
Smoke Detector(s): 1
Property Features
Accessibility Features: Accessible Bedroom; Accessible Central Living Area; Accessible Full Bath
Appliances: Dishwasher; Disposal; Dryer; ENERGY STAR Qualified Appliances; Ice Maker; Oven - Electric; Range - Electric; Refrigerator; Washer; Water Heater - Tankless; Wine Cooler
Primary Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Existing Leases: 0 - 6 Months
Exterior: Patio Covered; Porch Screened; Sprinkler System
Association Fees Include: Accounting; Community Room; Dock; Fishing; Exercise Room; Gated Community; Legal; Ground Keeping; Master Association; Pavilion/Gazebo; Pool; Recreational Faclty
Financing: Cash; Conventional; FHA; VA
Furnished: Negotiable
Interior: Ceiling - Tray; Smart Thermostat
Living Room: First
Lot Features: Subdivision - Recorded; Waterfront
Lot Access: Gated Access; Paved Road; Private Road
Den: First
Security Features: Gated Community; Smoke Detector(s)
Parking Features: Garage Attached
Association Amenities: Basketball Court; Community Room; Dining; Dock; Dog Park; Exercise Room; Gated Community; Pavilion/Gazebo; Pickle Ball; Pool; Recreation Facilities; Tennis; Theater
Rooms: Den; Living Room; Primary Bedroom
Utilities: Cable - Available; Electricity - Connected; Garbage; Internet - Broadband Available; Natural Gas - Available; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Lakefront
Waterview: Lake
Present Zoning: Resid Single Family
Room Information
Room Name Level Dimensions Length Width
Living RoomFirst15 x 1915.0019.00
Primary BedroomFirst152 x 162152.00162.00
DenFirst132 x 108132.00108.00

Listing Office: The Premier Property Group

Last Updated: August - 18 - 2026

Information deemed reliable but not guaranteed.