8654 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 775933)

List Price/SqFt: 329.2

Status: Active

List Date: 2025-07-01

List Price: $432,900

Current Price: $432,900

Sub Area: 0411 - Bay North - West Bay

Community/Resort: None

Waterfront: No

Elementary School: West Bay

Middle School: Surfside

High School: Arnold

Directions: Hwy 79 north to 388 entrance of Margaritaville Welcome Center, go west. Take left onto Margaritaville Blvd and once thru gate, go to Coral Reef Way and go right. Go approximately 300ft past the Weekend Dr intersection and the home will be on your right.

Area: 04 - Bay County - North

Street #: 8654

Street Name: Coral Reef

Street Suffix: Way

State: FL

Zip Code: 32413

County: Bay

Subdivision: Latitude at Watersound

Parcel ID: 32503-350-480

Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4240 ORB 4688 P 311

Design: Florida Cottage

Apx SqFt(Htd/Cooled): 1315

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Builders Plans

# of Stories in Building: 1

Lot Dimensions: 42x100

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Assigned Spaces: 1

Pool: Yes

Pool Type: Community

Sub-Type: Attached Single Unit

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 2023

Homestead: Yes

HOA Fee: Yes

HOA Amount: 340.82

HOA Frequency: Monthly

HOA Annual Amount: 4089.84

Senior Community: Yes

Is Subject Leased: No

New Buyer Fee: Yes

New Buyer Fee Amt: 600

New Buyer Fee Paid: $

Last Taxes: 3064

Last Tax Year: 2024

Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner.

As Is: Yes

Condo Doc: No

Remarks: Cocktails by the Paradise Pool, live music echoing from the pavilion, and a fully upgraded cottage where every detail invites you to exhale - welcome to 8654 Coral Reef Way, where Latitude living begins the moment you arrive. Skip the wait to build and step directly into the Camellia floor plan, thoughtfully curated as part of the Conch Cottage Collection in Latitude Margaritaville Watersound. Enhanced by nearly $55,000 in carefully crafted upgrades, this home is a seamless blend of style, function, and the easy, breezy rhythm of coastal resort living. Inside, the mood is unmistakably relaxed. Coastal-inspired tones pair effortlessly with luxury vinyl plank flooring, setting the stage for sunny mornings, impromptu happy hours, and everything in between. The open-concept layout flows naturally from room to room, with the heart of the home - the gourmet kitchen - anchored by 42-inch upgraded cabinetry, a custom extended quartz island, and Whirlpool® stainless appliances ready to support everything from quiet breakfasts to cocktails with friends. When the day winds down, retreat to the primary suite, where peaceful design and practical luxury meet. You will find a frameless glass walk-in shower, dual vanities, and elevated finishes that make even your morning routine feel indulgent. A second bedroom offers flexibility, perfect for guests, hobbies, or a home office that does not feel like an afterthought. The upgrades extend beyond what meets the eye. An epoxy-coated garage, upgraded door hardware, lighting, and thoughtful tech touches bring convenience and refinement to everyday living. For ultimate peace of mind, this home includes impact-rated windows and doors, Low-E glass, a Rinnai® tankless water heater, and Carrier® HVAC. It is all situated in an X Flood Zone with no CDD fees. Step outside to the screened-in porch, where salty breezes and morning light invite you to slow down and savor the moment. Whether you are entertaining or unwinding, this space becomes an effortless extension of your lifestyle. Beyond your doorstep, Latitude Margaritaville Watersound delivers the vibrant resort lifestyle it is famous for. Spend your days lounging in a cabana by the Paradise Pool, catching a live concert at the music pavilion, taking a class at the Fins Up! Fitness Center, or dining with friends just steps from home. With a dog park and pet spa, pickleball courts, walking trails, and a full calendar of clubs and events, every day offers something to look forward to. And with landscaping and exterior maintenance included in your HOA, you will spend less time on chores and more time living. 8654 Coral Reef Way is not just a move-in ready Camellia. It is your front-row seat to the lifestyle you have worked for, dreamed of, and finally found. Come see what it means to truly live in Latitude.

First: 1

First: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

ENERGY STAR Qualified Appliances: 1

Freezer: 1

Ice Maker: 1

Microwave: 1

Oven - Double: 1

Oven - Gas: 1

Range - Gas: 1

Refrigerator: 1

Washer: 1

Water Heater - Gas: 1

Water Heater - Tankless: 1

Ceiling - Beamed: 1

Ceiling - Cathedral: 1

Ceiling - Crwn Molding: 1

Floor - Tile: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Lighting - Recessed: 1

Pantry: 1

Plantation Shutters: 1

Split Bedroom: 1

Window - Treatment All: 1

Foundation - Slab on Grade: 1

Wood/Frame: 1

Roof - Dimensional Shg: 1

Siding - Hardie Board: 1

Porch Covered: 1

Porch Screened: 1

Storm Doors: 1

Storm Windows: 1

Accounting: 1

Business Center: 1

Exercise Room: 1

Ground Keeping: 1

Management: 1

Master Association: 1

Pool: 1

Security: 1

Tennis: 1

Whirlpool: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

Smart Thermostat: 1

First: 1

Close to Clubhouse: 1

Covenants & Rescrictions: 1

Interior Lot: 1

Landscaped: 1

Subdivision - Recorded: 1

Sidewalk: 1

Gated Access: 1

Paved Road: 1

Additional Parking: 1

Assigned: 1

Garage Attached: 1

Garage Door Opener: 1

Street: 1

Paved: 1

MBath Double Vanity: 1

MBath Shower Only: 1

MBed First Floor: 1

MBed Walk-in Closet: 1

Resid Single Family: 1

Business Center: 1

Exercise Room: 1

Gated Community: 1

Pool: 1

Retail Shops: 1

Theater: 1

Waterfront: 1

Whirlpool: 1

Dining: 1

Dog Park: 1

Pickle Ball: 1

Recreation Facilities: 1

Sidewalks: 1

Trail(s): 1

Bedroom: 1

Dining Room: 1

Garage: 1

Living Room: 1

Master Bedroom: 1

Cable - Available: 1

Electricity - Connected: 1

Garbage: 1

Natural Gas - Connected: 1

Internet - Broadband Available: 1

Internet - Fiber Optic: 1

Phone - Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Underground Utilities: 1

As Is: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

ENERGY STAR Qualified Equipment: 1

Heat Pump: 1

Central: 1

Electric: 1

ENERGY STAR Qualified Equipment: 1

Forced Air: 1

Carbon Monoxide Detector: 1

Firewall(s): 1

Gated Community: 1

Smoke Detector(s): 1