8688 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 792233)


$475,000
8688 Coral Reef Way
Panama City Beach, FL 32413
MLS# 792233
2 beds  |  2 baths  |  1368 sqft


8688 front 2
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8688 front 2 8688 Front view 8688 corner view coralreef corner Living living room living room feature wall liv rm beams liv rm IMG_3994 IMG_3988 IMG_3986 IMG_3989 kitch.dining1 Dining1 kitchen 1 entry to laundry off kitchen pantry.vicki marg maker laundry mbed 1 mbed1 mbath long view mbath closeup mbathsink mbath linen closet mshower mcloset1 wallsafe mcloset2 mtoliet shelves guest bed guest bath guest bath2 bonus room bonus2 garage 2 garage fridge and door to house

Property Description
This isn't just a home--it's your opportunity to enjoy the ultimate resort lifestyle at Latitude Margaritaville Watersound, one of Florida's premier 55+ active adult communities. Located just 10 miles south of Panama City Beach, you'll be minutes from the Gulf Coast's sugar-white sand beaches and emerald-green waters, with more than 150 public beach access points nearby. Enjoy low HOA fees and an incredible collection of resort-style amenities designed for recreation, relaxation, and social living. The vibrant Town Square features FINtastic dining, live entertainment, clubs, events, fitness facilities, pools, pickleball, and more--all conveniently accessible by golf cart. Ideally situated just off the Scenic Highway 30A corridor, this community offers easy access to approximately 20 miles of some of the world's most beautiful coastline, along with shopping, dining, golf, fishing, and outdoor recreation. Whether you're looking for a full-time residence or the perfect place to enjoy your next chapter, Latitude Margaritaville Watersound offers the ''License to Chill'' lifestyle you've been dreaming of. A future marina is also planned, adding even more to this exceptional coastal community. This Dreamsicle cottage has a distinct Tropical Vibe and boasts many upgrades and all-new appliances.

Details
Maps
Contract Info
List Price/SqFt: 347.22
Status: Active
List Date: 2026-07-05
List Price: $475,000
Current Price: $475,000
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 go north on Hwy 79 west about 11 miles and you will see Latitude sign on the left. There's a traffic light. You will also see the ''new'' Publix under construction!
Area: 04 - Bay County - North
Street #: 8688
Street Name: Coral Reef
Street Suffix: Way
State: FL
Zip Code: 32413
County: Bay
Subdivision: Latitude at Watersound
Parcel ID: 32503-350-506
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4253 ORB 4692 P 1100
General Property Info
Acreage: 0.09
Design: Beach House
Lot Size (SqFt): 3920
Apx SqFt(Htd/Cooled): 1368
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
Pre-Const Flip: No
Lot Dimensions: 35.0 ft x 110.0 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 4
Pool: No
Sub-Type: Attached Single Unit
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Year Built: 2023
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 340.62
HOA Frequency: Monthly
HOA Annual Amount: 4087.44
Senior Community: Yes
New Buyer Fee: Yes
Last Tax Year: 2025
Lot: 35 x 110
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: No
Remarks & Misc
Remarks: This isn't just a home--it's your opportunity to enjoy the ultimate resort lifestyle at Latitude Margaritaville Watersound, one of Florida's premier 55+ active adult communities. Located just 10 miles south of Panama City Beach, you'll be minutes from the Gulf Coast's sugar-white sand beaches and emerald-green waters, with more than 150 public beach access points nearby. Enjoy low HOA fees and an incredible collection of resort-style amenities designed for recreation, relaxation, and social living. The vibrant Town Square features FINtastic dining, live entertainment, clubs, events, fitness facilities, pools, pickleball, and more--all conveniently accessible by golf cart. Ideally situated just off the Scenic Highway 30A corridor, this community offers easy access to approximately 20 miles of some of the world's most beautiful coastline, along with shopping, dining, golf, fishing, and outdoor recreation. Whether you're looking for a full-time residence or the perfect place to enjoy your next chapter, Latitude Margaritaville Watersound offers the ''License to Chill'' lifestyle you've been dreaming of. A future marina is also planned, adding even more to this exceptional coastal community. This Dreamsicle cottage has a distinct Tropical Vibe and boasts many upgrades and all-new appliances.
Bonus Room
First: 1
Dining Room
First: 1
Garage
First: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven - Electric: 1
Washer: 1
Water Heater - Gas: 1
Interior Features
Ceiling - Beamed: 1
Ceiling - Vaulted: 1
Floor - Tile: 1
Pantry: 1
Plantation Shutters: 1
Split Bedroom: 1
Window - Treatment All: 1
Construction/Siding
Foundation - Slab on Grade: 1
Roof - Composite Shngl: 1
Siding - Hardie Board: 1
Trim - Vinyl: 1
Exterior
Double Pane Windows: 1
Porch Covered: 1
Sprinkler System: 1
Association Fees Include
Accounting: 1
Business Center: 1
Exercise Room: 1
Fishing: 1
Gated Community: 1
Ground Keeping: 1
Pavilion/Gazebo: 1
Picnic Area: 1
Pool: 1
Recreational Faclty: 1
Tennis: 1
Theater: 1
Whirlpool: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Negotiable: 1
Interior
Bonus Room: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Cleared: 1
Corner Lot: 1
Covenants & Rescrictions: 1
Sidewalk: 1
Survey Available: 1
Parking Features
Assigned: 1
Garage Attached: 1
Garage Door Opener: 1
Paved: 1
Present Zoning
Resid Multi-Family: 1
Association Amenities
Business Center: 1
Community Room: 1
Exercise Room: 1
Gated Community: 1
Pavilion/Gazebo: 1
Picnic Area: 1
Pool: 1
Tennis: 1
Theater: 1
Waterfront: 1
Whirlpool: 1
Dog Park: 1
Sidewalks: 1
Rooms
Bedroom: 1
Bonus Room: 1
Dining Room: 1
Garage: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Tap Fee Paid: 1
Accessibility Features
Central Living Area: 1
Sale Type
As Is: 1
Primary Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Primary Bdrm/Primary Bath
MBath Shower Only: 1
MBath Walk-In Closet: 1
MBed First Floor: 1
Security Features
Carbon Monoxide Detector: 1
Gated Community: 1
Smoke Detector(s): 1
Property Features
Accessibility Features: Central Living Area
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Washer; Water Heater - Gas
Primary Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central
Exterior: Double Pane Windows; Porch Covered; Sprinkler System
Association Fees Include: Accounting; Business Center; Fishing; Exercise Room; Gated Community; Ground Keeping; Pavilion/Gazebo; Picnic Area; Pool; Recreational Faclty; Whirlpool; Tennis; Theater
Financing: Cash; Conventional; FHA; VA
Furnished: Negotiable
Interior: Bonus Room
Kitchen: First
Living Room: First
Lot Features: Cleared; Corner Lot; Covenants & Rescrictions; Sidewalk; Survey Available
Bonus Room: First
Dining Room: First
Garage: First
Security Features: Carbon Monoxide Detector; Gated Community; Smoke Detector(s)
Parking Features: Assigned; Garage Attached; Garage Door Opener; Paved
Association Amenities: Business Center; Community Room; Dog Park; Exercise Room; Gated Community; Pavilion/Gazebo; Picnic Area; Pool; Sidewalks; Whirlpool; Tennis; Theater; Waterfront
Rooms: Bedroom; Bonus Room; Dining Room; Garage; Kitchen; Living Room; Primary Bedroom
Sale Type: As Is
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected; Tap Fee Paid
Present Zoning: Resid Multi-Family
Room Information
Room Name Level Dimensions Length Width
Primary BedroomFirst13 x 1213.0012.00
BedroomFirst13 x 1113.0011.00
Bonus RoomFirst12 x 812.008.00
KitchenFirst13 x 1113.0011.00
Living RoomFirst17 x 1517.0015.00
Dining RoomFirst12 x 1112.0011.00
GarageFirst21 x 2021.0020.00

Listing Office: Pat T. Fisher Broker

Last Updated: July - 06 - 2026

Information deemed reliable but not guaranteed.