8728 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 797144)


$799,000
8728 Coral Reef Way
Panama City Beach, FL 32413
MLS# 797144
3 beds  |  3 baths  |  2170 sqft

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Property Description
STUNNING BREEZE BAY WITH CUSTOM SALTWATER POOL & SPA | FULLY FURNISHED WITH GOLF CART | HIGHLY UPGRADED | PRIME PHASE 4 LOCATION! Welcome to resort-style living at its finest in the highly sought-after Latitude Margaritaville Watersound, a premier 55+ active adult community! Located in desirable, close-in Phase 4, this spectacular Breeze Bay floor plan offers an exceptional combination of luxury, comfort, and convenience. Offered fully furnished with a few exclusions AND a golf cart, this beautifully customized home is truly move-in ready! Step inside to discover an impressive open-concept floor plan featuring a soaring vaulted great room, designer finishes, and a extraordinary $21k CUSTOM BUILT-IN BAR complete with a wine cooler! A wall of sliding glass doors seamlessly connects the indoor living space to your private outdoor oasis, creating the perfect setting for entertaining or simply enjoying the Florida lifestyle. Built-in surround sound in both the great room and lanai enhances the experience! YOUR OWN PRIVATE BACKYARD PARADISE! Enjoy a spectacular custom heated saltwater pool and spa, complete with a beautiful spa waterfall cascading into the pool! Whether relaxing in the spa, lounging poolside, or hosting friends and family, this outdoor retreat offers the ultimate in Florida living. The covered lanai also features a convenient exterior gas drop, perfect for a future outdoor kitchen or gas grill. GOURMET KITCHEN: Beautifully appointed with upgraded Colada cabinetry, a contrasting Burlap-finish island, quartz countertops, designer tile backsplash, under-cabinet lighting, upgraded refrigerator, gas cooktop with range hood, and built-in wall oven/microwave combination. This thoughtfully designed kitchen offers both functionality and sophisticated coastal style! LUXURIOUS PRIMARY RETREAT: Overlooking the beautiful pool and spa, the spacious primary suite provides a peaceful escape. The upgraded ensuite bath features custom tile, an upgraded shower, and TWO custom walk-in closets! DESIRABLE 3-BEDROOM BREEZE BAY OPTION! This upgraded floor plan features TWO additional guest bedrooms and TWO full guest bathrooms, providing exceptional privacy and comfort for visiting family and friends. A highly desirable layout offering flexibility for guests, hobbies, or additional living space! EXTENSIVE CUSTOM UPGRADES THROUGHOUT! No detail has been overlooked in this beautifully appointed home! Features include: Stunning custom built-in bar with wine cooler, RevWood by Mohawk laminate flooring throughout, Custom designer lighting and ceiling fans throughout, Beautiful custom foyer wall treatment and custom key drop, Designer paint throughout Built-in surround sound system in the great room and lanai, Planet Secure security system, WiFi booster for enhanced connectivity, Spacious laundry room with built-in utility sink and custom tile Garage with epoxy-finished floors Upgraded garage door opener with remote app capability, Pull-down attic stairs for convenient access, Exterior gas drop on the lanai, Heated saltwater pool and spa with cascading waterfall, fully furnished with limited exclusions GOLF CART INCLUDED! LOCATION, LOCATION, situated in highly desirable Phase 4, this home enjoys a fantastic close-in location with convenient access to the incredible amenities that make Latitude Margaritaville Watersound such a special place to call home! Residents enjoy an extraordinary array of resort-inspired amenities, including a spectacular resort-style pool, fitness center, pickleball and tennis courts, walking and biking trails, live entertainment, social gatherings, dining opportunities, and an abundance of clubs and activities. Enjoy the vibrant Town Square atmosphere, live music, and endless opportunities to connect with neighbors. All just approximately 7 miles from the beautiful white-sand beaches of the Emerald Coast! Exciting growth with an adjacent Publix anchored shopping center and new medical campus

Details
Maps
General Property Info
Acreage: 0.17
Design: Ranch
Lot Size (SqFt): 6970
Apx SqFt(Htd/Cooled): 2170
Construction Status: Construction Complete
SqFt Source: Builders Plans
# of Stories in Building: 1
Accessory Dwelling Unit: No
Lot Dimensions: 59.0 ft x 131.0 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 3
Full Baths: 3
Total Baths: 3
Year Built: 2023
Contract Info
List Price/SqFt: 368.2
Status: Active
List Date: 2026-10-28
List Price: $799,000
Current Price: $799,000
Location
Sub Area: 0411 - Bay North - West Bay
Community/Resort: None
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Hwy 98 to North on Hwy 79 to left on West Bay Parkway. Follow to 2nd gated entrance on the left to Coral Reef Way, follow to home on the left.
Area: 04 - Bay County - North
Street #: 8728
Street Name: Coral Reef
Street Suffix: Way
State: FL
Zip Code: 32413
County: Bay
Subdivision: Latitude at Watersound
Parcel ID: 32503-350-300
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4150 ORB 4703 P 356
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 336.84
HOA Frequency: Monthly
HOA Annual Amount: 4042.08
Senior Community: Yes
New Buyer Fee: Yes
New Buyer Fee Amt: 2600
New Buyer Fee Paid: $
Last Taxes: 7519.96
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: STUNNING BREEZE BAY WITH CUSTOM SALTWATER POOL & SPA | FULLY FURNISHED WITH GOLF CART | HIGHLY UPGRADED | PRIME PHASE 4 LOCATION! Welcome to resort-style living at its finest in the highly sought-after Latitude Margaritaville Watersound, a premier 55+ active adult community! Located in desirable, close-in Phase 4, this spectacular Breeze Bay floor plan offers an exceptional combination of luxury, comfort, and convenience. Offered fully furnished with a few exclusions AND a golf cart, this beautifully customized home is truly move-in ready! Step inside to discover an impressive open-concept floor plan featuring a soaring vaulted great room, designer finishes, and a extraordinary $21k CUSTOM BUILT-IN BAR complete with a wine cooler! A wall of sliding glass doors seamlessly connects the indoor living space to your private outdoor oasis, creating the perfect setting for entertaining or simply enjoying the Florida lifestyle. Built-in surround sound in both the great room and lanai enhances the experience! YOUR OWN PRIVATE BACKYARD PARADISE! Enjoy a spectacular custom heated saltwater pool and spa, complete with a beautiful spa waterfall cascading into the pool! Whether relaxing in the spa, lounging poolside, or hosting friends and family, this outdoor retreat offers the ultimate in Florida living. The covered lanai also features a convenient exterior gas drop, perfect for a future outdoor kitchen or gas grill. GOURMET KITCHEN: Beautifully appointed with upgraded Colada cabinetry, a contrasting Burlap-finish island, quartz countertops, designer tile backsplash, under-cabinet lighting, upgraded refrigerator, gas cooktop with range hood, and built-in wall oven/microwave combination. This thoughtfully designed kitchen offers both functionality and sophisticated coastal style! LUXURIOUS PRIMARY RETREAT: Overlooking the beautiful pool and spa, the spacious primary suite provides a peaceful escape. The upgraded ensuite bath features custom tile, an upgraded shower, and TWO custom walk-in closets! DESIRABLE 3-BEDROOM BREEZE BAY OPTION! This upgraded floor plan features TWO additional guest bedrooms and TWO full guest bathrooms, providing exceptional privacy and comfort for visiting family and friends. A highly desirable layout offering flexibility for guests, hobbies, or additional living space! EXTENSIVE CUSTOM UPGRADES THROUGHOUT! No detail has been overlooked in this beautifully appointed home! Features include: Stunning custom built-in bar with wine cooler, RevWood by Mohawk laminate flooring throughout, Custom designer lighting and ceiling fans throughout, Beautiful custom foyer wall treatment and custom key drop, Designer paint throughout Built-in surround sound system in the great room and lanai, Planet Secure security system, WiFi booster for enhanced connectivity, Spacious laundry room with built-in utility sink and custom tile Garage with epoxy-finished floors Upgraded garage door opener with remote app capability, Pull-down attic stairs for convenient access, Exterior gas drop on the lanai, Heated saltwater pool and spa with cascading waterfall, fully furnished with limited exclusions GOLF CART INCLUDED! LOCATION, LOCATION, situated in highly desirable Phase 4, this home enjoys a fantastic close-in location with convenient access to the incredible amenities that make Latitude Margaritaville Watersound such a special place to call home! Residents enjoy an extraordinary array of resort-inspired amenities, including a spectacular resort-style pool, fitness center, pickleball and tennis courts, walking and biking trails, live entertainment, social gatherings, dining opportunities, and an abundance of clubs and activities. Enjoy the vibrant Town Square atmosphere, live music, and endless opportunities to connect with neighbors. All just approximately 7 miles from the beautiful white-sand beaches of the Emerald Coast! Exciting growth with an adjacent Publix anchored shopping center and new medical campus
Dining Room
First: 1
Garage
First: 1
Great Room
First: 1
Pool Features
Gunite Concrete: 1
Heated - Gas: 1
Inground: 1
Pool/Spa Combo: 1
Saltwater: 1
Screened In: 1
Waterfall: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Water Heater - Gas: 1
Water Heater - Tankless: 1
Wine Cooler: 1
Interior Features
Ceiling - Cathedral: 1
Ceiling - Raised: 1
Ceiling - Vaulted: 1
Floor - Laminate: 1
Floor - Tile: 1
Kitchen Island: 1
Lighting - Recessed: 1
Pantry: 1
Pull Down Stairs: 1
Security System: 1
Split Bedroom: 1
Window - Treatment All: 1
Construction/Siding
Foundation - Slab on Grade: 1
Wood/Frame: 1
Roof - Dimensional Shg: 1
Roof - Gutters: 1
Siding - Hardie Board: 1
Trim - Vinyl: 1
Exterior
Double Pane Windows: 1
Porch Screened: 1
Sprinkler System: 1
Storm Doors: 1
Storm Windows: 1
Association Fees Include
Accounting: 1
Business Center: 1
Community Room: 1
Dock: 1
Exercise Room: 1
Gated Community: 1
Ground Keeping: 1
Management: 1
Pool: 1
Recreational Faclty: 1
Tennis: 1
Theater: 1
Whirlpool: 1
Irrigation: 1
Furnished
Furnished: 1
Interior
Smart Thermostat: 1
Lot Features
Covenants & Rescrictions: 1
Curb & Gutter: 1
Landscaped: 1
Subdivision - Recorded: 1
Sidewalk: 1
Wooded: 1
Lot Access
Gated Access: 1
Paved Road: 1
Parking Features
Garage Attached: 1
Garage Door Opener: 1
Present Zoning
Resid Single Family: 1
Association Amenities
Basketball Court: 1
Business Center: 1
Community Room: 1
Conference Center: 1
Dock: 1
Exercise Room: 1
Gated Community: 1
Pool: 1
Tennis: 1
Theater: 1
Waterfront: 1
Whirlpool: 1
Dining: 1
Dog Park: 1
Pickle Ball: 1
Recreation Facilities: 1
Sidewalks: 1
Trail(s): 1
Rooms
Bedroom: 1
Dining Room: 1
Garage: 1
Great Room: 1
Primary Bathroom: 1
Showing
ShowingTime: 1
Security System: 1
Utilities
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
Sale Type
As Is: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heat Pump: 1
Heating
Central: 1
Electric: 1
Forced Air: 1
Heat Pump: 1
Primary Bdrm/Primary Bath
MBath Double Vanity: 1
MBath Shower Only: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
Primary Bathroom
First: 1
Security Features
Carbon Monoxide Detector: 1
Gated Community: 1
Security System Owned: 1
Smoke Detector(s): 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Microwave; Oven - Electric; Refrigerator; Water Heater - Gas; Water Heater - Tankless; Wine Cooler
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric; Heat Pump
Heating: Central; Electric; Forced Air; Heat Pump
Exterior: Double Pane Windows; Porch Screened; Sprinkler System; Storm Doors; Storm Windows
Association Fees Include: Accounting; Business Center; Community Room; Dock; Exercise Room; Gated Community; Irrigation; Ground Keeping; Management; Pool; Recreational Faclty; Whirlpool; Tennis; Theater
Furnished: Furnished
Interior: Smart Thermostat
Lot Features: Covenants & Rescrictions; Curb & Gutter; Landscaped; Sidewalk; Subdivision - Recorded; Wooded
Lot Access: Gated Access; Paved Road
Primary Bathroom: First
Dining Room: First
Great Room: First
Garage: First
Pool Features: Gunite Concrete; Heated - Gas; Inground; Pool/Spa Combo; Saltwater; Screened In; Waterfall
Security Features: Carbon Monoxide Detector; Gated Community; Security System Owned; Smoke Detector(s)
Parking Features: Garage Attached; Garage Door Opener
Association Amenities: Basketball Court; Business Center; Community Room; Dining; Dock; Dog Park; Exercise Room; Gated Community; Conference Center; Pickle Ball; Pool; Recreation Facilities; Sidewalks; Whirlpool; Tennis; Theater; Trail(s); Waterfront
Rooms: Bedroom; Dining Room; Garage; Great Room; Primary Bathroom
Sale Type: As Is
Showing: Security System; ShowingTime
Utilities: Cable - Available; Electricity - Connected; Garbage; Internet - Broadband Available; Internet - Fiber Optic; Natural Gas - Connected; Phone - Available; Public Sewer - Connected; Public Water - Connected; Underground Utilities
Present Zoning: Resid Single Family
Room Information
Room Name Level Dimensions Length Width
Great RoomFirst24.2 x 18.224.2018.20
Primary BathroomFirst14.4 x 16.214.4016.20
BedroomFirst13.3 x 11.713.3011.70
BedroomFirst11.4 x 12.1111.4012.11
Dining RoomFirst8.7 x 11.68.7011.60
GarageFirst21.4 x 21.221.4021.20

Listing Office: Coldwell Banker Realty

Last Updated: October - 28 - 2026

Information deemed reliable but not guaranteed.