8990 Coral Reef Way
Panama City Beach, FL 32413
MLS# 795054
2 beds | 2 baths | 1383 sqft
Property DescriptionIf you've ever dreamed of owning a beautiful cottage in Latitude Margaritaville, this is it? Welcome home to one of the most sought after models, the Dreamsicle. As you enter this corner lot cottage through the spacious wrap-a-round screened porch, you will immediately feel the difference. An open, airy retreat with vaulted ceilings, custom wall paint throughout, and an open concept design perfect for entertaining. This desirable split floor plan provides privacy and features an additional hobby/den room. You will love the many tasteful upgrades such as laminate flooring, recessed lighting, ceiling fans, custom top down/bottom up window blinds. The kitchen is amazing with 42'' cabinets, under-counter/over-counter lighting, tasteful backsplash, pull out drawers in cabinets including the pantry, custom extended refrigerator cabinet with spice rack, custom pull out dishwasher with added cabinet below, double oven (air fryer & convection oven) gas stove, flush mounted self cleaning microwave, 4-door refrigerator, quartz counters, recycled glass pendants, extended bar and so much more! Dining room also has recycled glass pendants that are stunning. The master bedroom is spacious and has an important upgrade, THE PANIC ALARM BUTTON ON THE WALL. If pushed, a blue strobe light comes on outside providing a quick way for EMS to find when YOU call 911. The shower has wall to floor tile and a custom built closet with shelves and dresser drawers. The guest bedroom also has a custom built closet. A Whole Home Water Filtration System has been installed. The garage is insulated, has epoxy floor coating, and and upgraded garage door. And the amenities!! Only a 5 minute golf cart ride and you will be fully entertained. From various poolside singers daily to many well known bands that rotate playing weekends at the town square, you will love the vibe. Enjoy great food at the bar and chill restaurant and bar overlooking the intra-coastal waterway. Have dogs? Barkaritaville Dog Park is a perfect place for your dogs to run and for you to meet other people too. Fin Up Fitness Center has everything you need and more to keep you active. Indoor lap pool, hot tub, state of the art fitness equipment and various fitness classes. Come join the fun today! SEE ALL THE UPGRADES FOR THIS WONDERFUL DREAMSICLE COTTAGE UNDER THE DOCUMENT FILE. TOO MANY TO LIST. Short term rentals allowed minimum of 30 days not to exceed 3 leases per year. One occupant must be 55+ years of age and no residents under 18 years of age.
Acreage: 0.09
Design: Florida Cottage
Lot Size (SqFt): 3920
Apx SqFt(Htd/Cooled): 1383
Construction Status: Construction Complete
SqFt Source: Builders Plans
Accessory Dwelling Unit: No
Lot Dimensions: 35.0 ft x 110.0 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 4
Assigned Spaces: 1
Pool: No
Sub-Type: Attached Single Unit
Bedrooms: 2
Full Baths: 2
Total Baths: 2
List Price/SqFt: 350.69
Status: Active
List Date: 2026-09-04
List Price: $485,000
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, left on West Bay Parkway at red light beside Margaritaville Sales Center. Left on Coral Reef, cottage on the left (corner of Coral Reef and Weekend Drive).
Area: 04 - Bay County - North
Street #: 8990
Street Name: Coral Reef
Street Suffix: Way
State: FL
Zip Code: 32413
County: Bay
Subdivision: Latitude at Watersound
Parcel ID: 32503-400-130
Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4B LOT 4382 ORB 4748 P 1975
HOA Fee: Yes
HOA Amount: 340.82
HOA Frequency: Monthly
HOA Annual Amount: 4089.84
Senior Community: Yes
New Buyer Fee: Yes
New Buyer Fee Amt: 2600
Last Taxes: 3613.83
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: If you've ever dreamed of owning a beautiful cottage in Latitude Margaritaville, this is it? Welcome home to one of the most sought after models, the Dreamsicle. As you enter this corner lot cottage through the spacious wrap-a-round screened porch, you will immediately feel the difference. An open, airy retreat with vaulted ceilings, custom wall paint throughout, and an open concept design perfect for entertaining. This desirable split floor plan provides privacy and features an additional hobby/den room. You will love the many tasteful upgrades such as laminate flooring, recessed lighting, ceiling fans, custom top down/bottom up window blinds. The kitchen is amazing with 42'' cabinets, under-counter/over-counter lighting, tasteful backsplash, pull out drawers in cabinets including the pantry, custom extended refrigerator cabinet with spice rack, custom pull out dishwasher with added cabinet below, double oven (air fryer & convection oven) gas stove, flush mounted self cleaning microwave, 4-door refrigerator, quartz counters, recycled glass pendants, extended bar and so much more! Dining room also has recycled glass pendants that are stunning. The master bedroom is spacious and has an important upgrade, THE PANIC ALARM BUTTON ON THE WALL. If pushed, a blue strobe light comes on outside providing a quick way for EMS to find when YOU call 911. The shower has wall to floor tile and a custom built closet with shelves and dresser drawers. The guest bedroom also has a custom built closet. A Whole Home Water Filtration System has been installed. The garage is insulated, has epoxy floor coating, and and upgraded garage door. And the amenities!! Only a 5 minute golf cart ride and you will be fully entertained. From various poolside singers daily to many well known bands that rotate playing weekends at the town square, you will love the vibe. Enjoy great food at the bar and chill restaurant and bar overlooking the intra-coastal waterway. Have dogs? Barkaritaville Dog Park is a perfect place for your dogs to run and for you to meet other people too. Fin Up Fitness Center has everything you need and more to keep you active. Indoor lap pool, hot tub, state of the art fitness equipment and various fitness classes. Come join the fun today! SEE ALL THE UPGRADES FOR THIS WONDERFUL DREAMSICLE COTTAGE UNDER THE DOCUMENT FILE. TOO MANY TO LIST. Short term rentals allowed minimum of 30 days not to exceed 3 leases per year. One occupant must be 55+ years of age and no residents under 18 years of age.
Cooktop - Gas: 1
Dishwasher: 1
Microwave: 1
Oven - Double: 1
Oven - Gas: 1
Refrigerator: 1
Washer: 1
Water Heater - Tankless: 1
Ceiling - Vaulted: 1
Floor - Laminate: 1
Floor - Tile: 1
Lighting - Recessed: 1
Pantry: 1
Window - Treatment All: 1
Foundation - Slab on Grade: 1
Roof - Dimensional Shg: 1
Siding - Hardie Board: 1
Trim - Vinyl: 1
Double Pane Windows: 1
Porch Covered: 1
Accounting: 1
Business Center: 1
Community Room: 1
Exercise Room: 1
Gated Community: 1
Ground Keeping: 1
Recreational Faclty: 1
Tennis: 1
Bonus Room: 1
Smart Thermostat: 1
Additional Parking: 1
Assigned: 1
Garage Attached: 1
Garage Door Opener: 1
Basketball Court: 1
Business Center: 1
Community Room: 1
Elevators: 1
Exercise Room: 1
Gated Community: 1
Recreation Facilities: 1
Sidewalks: 1
Dining Room: 1
Living Room: 1
Primary Bedroom: 1
Screened Porch: 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
Ceiling Fan(s): 1
Central Air: 1
MBath Double Vanity: 1
MBath Shower Only: 1
Carbon Monoxide Detector: 1
Firewall(s): 1
Gated Community: 1
Panic Alarm: 1
Appliances: Cooktop - Gas; Dishwasher; Disposal; Dryer; Microwave; Oven - Double; Oven - Gas; Refrigerator; Washer; Water Heater - Tankless
Cooling: Ceiling Fan(s); Central Air; Electric; Heat Pump
Heating: Central; Electric
Exterior: Double Pane Windows; Porch Covered; Porch Screened
Association Fees Include: Accounting; Business Center; Community Room; Exercise Room; Gated Community; Irrigation; Ground Keeping; Management; Pool; Recreational Faclty; Whirlpool; Tennis; Theater
Financing: Cash; Conventional; VA
Interior: Bonus Room; Smart Thermostat
Security Features: Carbon Monoxide Detector; Firewall(s); Gated Community; Panic Alarm; Smoke Detector(s)
Parking Features: Additional Parking; Assigned; Garage Attached; Garage Door Opener; Shared Driveway
Association Amenities: Basketball Court; Business Center; Community Room; Dining; Elevators; Exercise Room; Gated Community; Pool; Recreation Facilities; Sidewalks; Whirlpool; Tennis; Theater; Trail(s); Waterfront
Rooms: Bedroom; Den; Dining Room; Living Room; Primary Bedroom; Screened Porch
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
Waterfront Feature: Other - See Remarks
| Room Name | Level | Dimensions | Length | Width |
| Primary Bedroom | First | 13.3 x 12.3 | 13.30 | 12.30 |
| Bedroom | First | 12.5 x 10.9 | 12.50 | 10.90 |
| Living Room | First | 17.1 x 15 | 17.10 | 15.00 |
| Dining Room | First | 12.5 x 11.8 | 12.50 | 11.80 |
| Den | First | 11.8 x 8.2 | 11.80 | 8.20 |
| Screened Porch | First | 17 x 9.33 | 17.00 | 9.33 |
Listing Office: RC Real Estate Group
Last Updated: September - 04 - 2026
Information deemed reliable but not guaranteed.