8688 Coral Reef Way
Panama City Beach, FL 32413
MLS# 792233
2 beds | 2 baths | 1368 sqft
Property DescriptionThis 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.
List Price/SqFt: 347.22
Status: Active
List Date: 2026-07-05
List Price: $475,000
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
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
Total Baths: 2
Year Built: 2023
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
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.
Cooktop - Electric: 1
Dishwasher: 1
Microwave: 1
Oven - Electric: 1
Washer: 1
Water Heater - Gas: 1
Ceiling - Beamed: 1
Ceiling - Vaulted: 1
Plantation Shutters: 1
Split Bedroom: 1
Window - Treatment All: 1
Foundation - Slab on Grade: 1
Roof - Composite Shngl: 1
Siding - Hardie Board: 1
Trim - Vinyl: 1
Double Pane Windows: 1
Porch Covered: 1
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
Covenants & Rescrictions: 1
Sidewalk: 1
Assigned: 1
Garage Attached: 1
Garage Door Opener: 1
Paved: 1
Business Center: 1
Community Room: 1
Exercise Room: 1
Gated Community: 1
Pavilion/Gazebo: 1
Picnic Area: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Tap Fee Paid: 1
Ceiling Fan(s): 1
Central Air: 1
MBath Shower Only: 1
MBath Walk-In Closet: 1
Carbon Monoxide Detector: 1
Gated Community: 1
Accessibility Features: Central Living Area
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Washer; Water Heater - Gas
Cooling: Ceiling Fan(s); Central Air; Electric
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
Lot Features: Cleared; Corner Lot; Covenants & Rescrictions; Sidewalk; Survey Available
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
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected; Tap Fee Paid
Present Zoning: Resid Multi-Family
| Room Name | Level | Dimensions | Length | Width |
| Primary Bedroom | First | 13 x 12 | 13.00 | 12.00 |
| Bedroom | First | 13 x 11 | 13.00 | 11.00 |
| Bonus Room | First | 12 x 8 | 12.00 | 8.00 |
| Kitchen | First | 13 x 11 | 13.00 | 11.00 |
| Living Room | First | 17 x 15 | 17.00 | 15.00 |
| Dining Room | First | 12 x 11 | 12.00 | 11.00 |
| Garage | First | 21 x 20 | 21.00 | 20.00 |
Listing Office: Pat T. Fisher Broker
Last Updated: July - 06 - 2026
Information deemed reliable but not guaranteed.