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8737 Coral Reef Way

Panama City Beach, FL 32413
  • $645,000
  • STATUS: Active Under Contract
  • ON SITE: 20 Days
  • MLS #: 780748
Under Contract
$645,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,393
    SQFT
  • $270
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2023
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Phase 4 | Cabana Beach Collection | Pond Views! Welcome to luxury coastal living in this highly upgraded Cabana Beach Collection home perfectly situated with peaceful pond views in sought-after Phase 4 of Latitude Margaritaville Watersound. Step inside to a chef's kitchen featuring a gas cooktop, upgraded Colada designer cabinetry with vent hood, walk-in pantry, quartz countertops and backsplash, and rich oiled bronze hardware. The large kitchen island and breakfast room flow seamlessly into the open-concept great room, perfect for entertaining or relaxing in style with a wall of glass sliders opening to an inviting lanai space for extended outdoor living and tranquil pond views. The oversized primary suite showcases a stunning bayed window with pond views, plush carpet, and custom-designed dual closets. The spa-inspired primary bath offers a luxurious soaking tub, frameless shower enclosure with tile shower seat, dual vanities, and elegant finishes. An inviting office, a media room, and a formal dining roomfeaturing a show-stopping crystal chandelieradd flexibility and sophistication. The dining space can also serve as a bar, game, or craft room to fit your lifestyle. Upgrades abound throughout the home, including ''wood-look'' tile floors in the entry, great room, and dining room. Designer paint, crown molding, plantation shutters, and upgraded lighting and ceiling fans. A whole house GENERAC GENERATOR (cost$13k), art accent lighting, designer laundry storage closet, garage with epoxy floor, utility sink, and custom workshop area reflect thoughtful attention to every detail. HOA dues includes all lawn care and world class amenities. This home has a Structural Warranty that is transferrable to the buyer for 10 years from the original build date. (approx. 7 years left) Enjoy Florida living at its finest on the extended screened lanai with sealed pavers, the perfect spot for morning coffee or sunsets overlooking the serene pond. About Latitude Margaritaville Watersound - This 55+ active adult coastal community is inspired by the lifestyle of fun, freedom, and relaxation. Nestled between the sugar-white sands of the Emerald Coast and the natural beauty of the Florida Panhandle, residents enjoy resort-style amenities including: The lively Town Center with a two story coastal themed restaurant overlooking the Intracoastal Waterway, live music, and entertainment. A resort-style pool with tiki huts and cabanas. Fitness and wellness center, pickleball, tennis, and bocce courts. Walking and biking trails, and golf-cart-friendly pathways with underpasses for easy and safe access throughout the community. Dog park/pet grooming center, woodworking and ceramic workshops, theater and planned community events that make every day feel like a vacation. Commercial space to include Publix Grocery store, bank, dining and shopping. A planned public marina on site as well. Latitude Margaritaville Watersound isn't just a place to liveit's a way of life where neighbors become friends and every sunset is a celebration.

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes & Gardens Real Estate Emerald Coast. Data last updated: 2025-11-12T00:03:59.007.
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8737 Coral Reef Way Panama City Beach, FL 32413

  • Price: $645,000
  • Status: Active Under Contract
  • On Site: 20 Days
  • MLS #: 780748
2
Beds
2
Baths
1
½ Baths
0.17
Acres
2,393
SQFT
$270
$/SQFT
2023
Built
Neighborhood:
Latitude At Watersound
County:
Bay
Area:
Bay County-North
Elementary School:
West Bay
Middle School:
Surfside
High School:
Arnold
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Phase 4 | Cabana Beach Collection | Pond Views! Welcome to luxury coastal living in this highly upgraded Cabana Beach Collection home perfectly situated with peaceful pond views in sought-after Phase 4 of Latitude Margaritaville Watersound. Step inside to a chef's kitchen featuring a gas cooktop, upgraded Colada designer cabinetry with vent hood, walk-in pantry, quartz countertops and backsplash, and rich oiled bronze hardware. The large kitchen island and breakfast room flow seamlessly into the open-concept great room, perfect for entertaining or relaxing in style with a wall of glass sliders opening to an inviting lanai space for extended outdoor living and tranquil pond views. The oversized primary suite showcases a stunning bayed window with pond views, plush carpet, and custom-designed dual closets. The spa-inspired primary bath offers a luxurious soaking tub, frameless shower enclosure with tile shower seat, dual vanities, and elegant finishes. An inviting office, a media room, and a formal dining roomfeaturing a show-stopping crystal chandelieradd flexibility and sophistication. The dining space can also serve as a bar, game, or craft room to fit your lifestyle. Upgrades abound throughout the home, including ''wood-look'' tile floors in the entry, great room, and dining room. Designer paint, crown molding, plantation shutters, and upgraded lighting and ceiling fans. A whole house GENERAC GENERATOR (cost$13k), art accent lighting, designer laundry storage closet, garage with epoxy floor, utility sink, and custom workshop area reflect thoughtful attention to every detail. HOA dues includes all lawn care and world class amenities. This home has a Structural Warranty that is transferrable to the buyer for 10 years from the original build date. (approx. 7 years left) Enjoy Florida living at its finest on the extended screened lanai with sealed pavers, the perfect spot for morning coffee or sunsets overlooking the serene pond. About Latitude Margaritaville Watersound - This 55+ active adult coastal community is inspired by the lifestyle of fun, freedom, and relaxation. Nestled between the sugar-white sands of the Emerald Coast and the natural beauty of the Florida Panhandle, residents enjoy resort-style amenities including: The lively Town Center with a two story coastal themed restaurant overlooking the Intracoastal Waterway, live music, and entertainment. A resort-style pool with tiki huts and cabanas. Fitness and wellness center, pickleball, tennis, and bocce courts. Walking and biking trails, and golf-cart-friendly pathways with underpasses for easy and safe access throughout the community. Dog park/pet grooming center, woodworking and ceramic workshops, theater and planned community events that make every day feel like a vacation. Commercial space to include Publix Grocery store, bank, dining and shopping. A planned public marina on site as well. Latitude Margaritaville Watersound isn't just a place to liveit's a way of life where neighbors become friends and every sunset is a celebration.
Exterior Features

Architectural Style Ranch Attached Garage YN Yes Construction Materials Hardi Plank Type Wood Frame Exterior Features Sprinkler / Irrigation Porch Garage YN Yes Levels One Lot Features Landscaped Subdivision Sprinkler System Paved Patio And Porch Features Porch Screened Pool Features Community Road Surface Type Paved Spa Features Community Stories 1 View Other

Interior Features

Appliances Down Draft Dryer Dishwasher Disposal Microwave Refrigerator Washer Cooling Central Air Ceiling Fan(s) Heat Pump Other See Remarks Cooling YN Yes Flooring Carpet Tile Heating Central Forced Air Heat Pump Other See Remarks Heating YN Yes Interior Features Additional Living Quarters Crown Molding Cathedral Ceiling(s) High Ceilings In- Law Floorplan Kitchen Island Pantry Recessed Lighting Split Bedrooms Shutters Smart Thermostat Window Treatments Parking Features Attached Garage Garage Door Opener Gated Rooms Garage (First Level) Bedroom (First Level) Primary Bedroom (First Level) Media Room (First Level) Den (First Level) Dining Room (First Level) Breakfast Room/Nook (First Level) Great Room (First Level) Units Furnished None Window Features Double Pane Windows Plantation Shutters

Property Features

Association Amenities Business Center Gated Spa / Hot Tub Association Fee Frequency Monthly Association Fee Includes Association Management Fitness Facility Legal / Accounting Maintenance Grounds Pool(s) Recreation Facilities Tennis Courts Association YN Yes Buyer Financing Conventional Community Features Basketball Court Business Center Fitness Center Pool Tennis Court(s) Waterfront Curbs Gated Gutter(s) Short Term Rental Allowed Listing Service Full Service Listing Terms Cash FHA VA Loan Lot Size Dimensions 49x141 New Construction YN No Occupant Type Vacant Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Security Features Gated Community Security Gate Smoke Detector(s) Senior Community YN Yes Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 5162 Tax Year 2024 Utilities Electricity Available High Speed Internet Available Trash Collection Underground Utilities Waterfront Features Other See Remarks Zoning Description Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Coldwell Banker Realty: 850-234-6696. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes & Gardens Real Estate Emerald Coast. Data last updated: 2025-11-12T00:03:59.007.
 
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