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8687 Coral Reef Way

Panama City Beach, FL 32413

3 beds
2 baths
1,672 sqft
$403 per sqft
2023 build
– on site

Welcome home to Latitude Margaritaville Watersound - an exclusive 55+ community located in the scenic Florida panhandle, near Panama City Beach and the renowned 30A corridor. This newly constructed Coconut Plan home, meticulously decorated by its homeowner, an accomplished interior designer, offers a premium living experience with sophisticated luxury at every turn. The gourmet kitchen features custom cabinetry with soft-close doors, pull-out pantry shelving, and a convenient dedicated pots and pans drawer. Both the kitchen and bathrooms are outfitted with luxurious quartz countertops, designer faucets, and an elegant tile backsplash. The bathroom cabinetry has been thoughtfully upgraded, with the master bath offering a double bank of drawers for added storage. Throughout the home, premium tile flooring enhances the bathrooms and laundry area, while the master bedroom and closet boast beautiful high level hardwood floors. Crown molding accents every room, adding sophistication and detail. Ceiling fans and custom lighting are installed throughout the home for year-round comfort. The spacious living room is elevated with decorative beams, creating a welcoming and refined atmosphere. Every room has been thoughtfully designed with an eye for elegance and style, ensuring a seamless blend of comfort and opulence. The screened-in lanai offers an ideal space for outdoor relaxation, and relaxing pond views that are perfect for enjoying the mild Florida climate. Additional thoughtful features include extra electrical outlets, an attic pull-down for convenient storage access, and a stylish glass front door. Latitude Margaritaville Watersound offers an unparalleled living experience in a vibrant 55+ community and is the most coveted and sought after community in the United States! With unparalleled amenities such as restaurants, a fitness center with numerous fitness classes offered, bar, resort style heated pool, indoor pool, Pickleball Courts, Basketball Courts, and live music Daily. Friday and Saturday night concerts will keep you entertained throughout the year! Additional amenities includes a full size theatre, Barkaritaville dog spa, woodworking shop, business center and community rooms for clubs, groups, tastings and food demonstrations. The public retail has also begun with the golf cart store in full swing, Capital City Bank is about to open and anticipating the grocery store, restaurants and other boutique shopping soon as well as the Public Marina...all through St Joe! Don't miss the opportunity to experience this exceptional, designer-inspired home. Contact us today to schedule a private viewing.

Listing courtesy of ECARMLS / EXP Realty LLC

Last checked: Checking… • Last updated Feb 21, 2025 •

MLS# 969200 —

The Building

Year Built:

2023
Construction Materials:

Roof Dimensional Shg, Siding CmntFbrHrdBrd, Trim Vinyl
Building Area Total:

1672.0
Building Area Source:

County PA Records
Architectural Style:

Florida Cottage
Basement:

None
Stories:

1
Levels:

None
Foundation Details:

None
Exterior Features:

Porch Screened
Patio And Porch Features:

None
Accessibility Features:

None
Security Features:

None
Direction Faces:

None

Interior

Interior Features:

Breakfast Bar, Ceiling Vaulted, Floor Vinyl, Kitchen Island, Newly Painted, Plantation Shutters, Wallpaper, Window Treatment All
Rooms Total:

5
Flooring:

None
Fireplace:

No
Fireplaces Total:

None
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Financial & Terms

Buyer Financing:

Conventional, FHA, VA, Other

Location

Directions:

Hwy 79 to Latitude Blvd to Margaritaville Blvd, Turn right on to Coral Reef Way and the property will be on the right.

The Property

Property Type:

Residential
Property Subtype:

Detached Single Family
Property Condition:

Construction Complete
Property Attached:

None
Lot Size Dimensions:

50 X 131
Lot Size Units:

Acres
Zoning:

Resid Single Family
Possible Use:

None
Parcel Number:

32503-350-116
Topography:

None
View:

Pond
Waterfront:

No
Water Body Name:

None
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Legal Description:

LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4058 ORB 4816 P 169

Beds

Bedrooms Total:

3

Baths

Total Baths:

2.0
Total Baths:

2
Full Baths:

2
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Ceiling Fan(s), Central Air
Cooling:

true

Utilities

Utilities:

Electric, Gas - Natural, Public Sewer, Public Water
Electric:

None
Sewer:

None

Appliances

Appliances:

Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Stove/Oven Gas, Warranty Provided, Washer
Dryer:

true
Washer:

true
Disposal:

true
Microwave:

true
Dishwasher:

true

Schools

Elementary School:

West Bay
Elementary School District:

None
Middle Or Junior School:

Surfside
Middle Or Junior School District:

None
High School:

Arnold

The Community

Subdivision Name:

Latitude Margaritaville
Community Features:

BBQ Pit/Grill, Community Room, Dock, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, Waterfront
Association:

true
Association Amenities:

None
Association Fee:

None
Association Fee 2:

316.5
Association Fee Frequency:

Monthly
Association Fee Includes:

Accounting, Ground Keeping, Security
Pool Private:

None
Pool Features:

Pool Type
Spa Features:

None
Pets Allowed:

None
Senior Community:

No

Parking

Garage Spaces:

2.0
Attached Garage:

true
Carport:

false

Monthly cost estimate

Asking price

$675,000

Expense	Monthly cost
Mortgage	$3,614
Taxes	N/A
Insurance	$185
Utilities	$155 See report
Total	$3,954/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/21/25 Feb 21, 2025	Listed / Active	ECARMLS	$675,000	6.3%
6/21/24 Jun 21, 2024		ECARMLS	$635,000
6/18/24 Jun 18, 2024		ECARMLS

House For Sale

$675,000

Cost Est.

$3,954/mo.

Listing provided by broker:

Abbott Martin Group

EXP Realty LLC

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This house located in FL 32413 is currently for sale for $675,000. 8687 Coral Reef Way is a 1,672 square foot house with 3 beds and 2 baths that has been on Estately for 0 days. This house is in the attendance area of West Bay Elementary School.

Listing Courtesy of: ECARMLS and EXP Realty LLC.

The information provided is 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.