8799 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 777668)

List Price/SqFt: 333.75

Status: Sold

List Date: 2025-08-01

List Price: $799,000

Current Price: $785,000

Sub Area: 0411 - Bay North - West Bay

Community/Resort: None

Waterfront: Yes

Gulf Access: No

Elementary School: West Bay

Middle School: Breakfast Point

High School: Arnold

Directions: Hwy 79 to Latitude Margaritaville Watersound entrance (West Bay Pkwy). Take 2nd Left onto Coral Reef Way, continue on Coral Reef Way to 8799 Coral Reef Way on your right

Area: 04 - Bay County - North

Street #: 8799

Street Name: Coral Reef

Street Suffix: Way

State: FL

Zip Code: 32413

County: Bay

Subdivision: Latitude at Watersound

Parcel ID: 32503-350-260

Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4130

Acreage: 0.17

Design: Beach House

Lot Size (SqFt): 7187

Apx SqFt(Htd/Cooled): 2394

Below Ground SqFt: 0

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 1

# of Stories in Building: 1

# of Units in Bldg: 1

Lot Dimensions: 53 x 137

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Pool: Yes

Pool Type: Community

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 3

Year Built: 2023

HOA Fee: Yes

HOA Amount: 324

HOA Frequency: Monthly

HOA Annual Amount: 3888

Senior Community: Yes

Is Subject Leased: No

New Buyer Fee: Yes

New Buyer Fee Amt: 600

Last Taxes: 6853

Last Tax Year: 2024

Brokerage Interest: No Interest

Remarks: Under contract; Welcoming Acceptable Backup Offers Perfectly positioned on a $90K premium west-facing water view lot, this Cabana Bay model captures sweeping sunsets over a tranquil pond and preserve. Thoughtfully designed with three bedrooms, two-and-a-half baths, a dedicated custom office, and an extended, enclosed lanai, this home is enhanced by $180K in carefully curated upgrades. It appraised for $877K in October 2024. Surfboards, Televisions, Washer & Dryer, and Ceiling Fixture in Office do not convey. The kitchen showcases top-tier appliances, a decorative range hood, pull-out drawers, and a walk-in pantry. A vaulted beamed ceiling, built-in gas fireplace, designer grasscloth wallpaper, and custom woven blinds infuse the space with refined coastal charm. The primary suite is a serene retreat featuring a spa-inspired shower with frameless glass, custom cabinetry, and discreetly integrated safety rails. Additional highlights include a whole-home generator, tankless water heater, lighted medicine cabinets, upgraded bamboo shelving, epoxy-coated garage floor, and front yard landscape uplighting. In the gated ''55 and Better'' Latitude Margaritaville Watersound, residents enjoy a resort-style pool, state-of-the-art fitness center, pickle ball courts, theater, on-site restaurant, dog park, amphitheater, live daily music and much more. Miles of walking and golf cart trails connect the community's phases and Town Center. Northwest Florida Beaches International Airport, Pier Park entertainment district, a planned public marina, FSU Health Hospital, and a planned lifestyle shopping center offer close proximity to modern conveniences.

Sold Price/SqFt: 327.9

Sold Price/Acre: 4617647.06

Under Contract Date: 2025-08-22

Sold Date: 2026-05-18

Sold Price: $785,000

First: 1

First: 1

Cooktop - Gas: 1

Dishwasher: 1

Disposal: 1

ENERGY STAR Qualified Appliances: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Range Hood: 1

Refrigerator: 1

Water Heater - Gas: 1

Water Heater - Tankless: 1

Bookcases: 1

Ceiling - Beamed: 1

Ceiling - Vaulted: 1

Fireplace: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Lighting - Recessed: 1

Pantry: 1

Window - Treatment All: 1

Foundation - Slab on Grade: 1

Siding - Hardie Board: 1

Patio Enclosed: 1

Sprinkler System: 1

Business Center: 1

Community Room: 1

Conference Center: 1

Exercise Room: 1

Gated Community: 1

Ground Keeping: 1

Master Association: 1

Mini Golf: 1

Pool: 1

Recreational Faclty: 1

Tennis: 1

Theater: 1

Whirlpool: 1

Other - See Remarks: 1

Irrigation: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Other: 1

Unfurnished: 1

Covenants & Rescrictions: 1

Curb & Gutter: 1

Landscaped: 1

Subdivision - Recorded: 1

Sidewalk: 1

Storm Sewer: 1

Waterfront: 1

Paved Road: 1

Great Room: 1

Primary Bedroom: 1

Office: 1

Electricity - Connected: 1

Natural Gas - Connected: 1

Generator: 1

Internet - Fiber Optic: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Underground Utilities: 1

Accessible Bedroom: 1

Accessible Doors: 1

Accessible Entrance: 1

Accessible Full Bath: 1

Accessible Kitchen: 1

Accessible Washer/Dryer: 1

Central Living Area: 1

Common Area: 1

Grip-Accessible Features: 1

Standby Generator: 1

Other: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1