8737 Coral Reef Way
Panama City Beach, FL 32413
- 2 beds
- 3 baths
- 2,393 sqft
- 7,405 sqft lot
- $309 per sqft
- 2023 build
- – on site
Escape to paradise in this stunning Cabana single-family home nestled within the vibrant, Jimmy Buffett-inspired 55+ community of Latitude Margaritaville Watersound, where ''Growing Older, Not Up'' is a celebrated way of life! Located in the desirable Phase 4, just a breezy 3-minute golf cart ride from the town center and resort-style amenities, this meticulously maintained 2,393 sqft home offers the perfect blend of luxury and laid-back living. The Cabana floor plan features 2 spacious bedrooms, 2.5 beautifully appointed bathrooms, a formal dining room, a cozy breakfast nook, a versatile den, and a bonus room - providing ample space for entertaining visiting friends and family who are eager to experience the Margaritaville lifestyle. This home is brimming with exquisite and practical upgrades, adding exceptional value and convenience. Enjoy peace of mind with a whole-house Generac generator and extended Wi-Fi package. Custom-built closets in the master suite and laundry room offer exceptional organization, while plantation shutters and custom blinds on the slider doors add a touch of elegance and privacy. The epoxy-floored garage features custom cabinetry and a utility sink, creating the ultimate workshop or storage space. Step inside and be greeted by a grand sense of arrival. Stunning Level 3 wood-look tile flows seamlessly throughout the main living areas, complemented by soaring ceilings and trendy wall accent and picture lighting in the entry hall, great room, dining room, and master suite - perfect for showcasing your cherished artwork and family photos. With three flexible rooms, you can easily adapt the space to your needs. Create a formal dining area, a home office or media room, a fun lounge, or a cozy rec room for the grandkids. The possibilities are endless! The Cabana offers abundant storage, including a coveted walk-in pantry in the kitchen and a huge pantry in the laundry room. The Level 4 quartz countertops are simply breathtaking, paired with Level 3, 42-inch cabinetry throughout the home, complete with under and over-cabinet lighting to set the perfect ambiance. Step through the expansive sliders onto the extended, screened-in lanai with sealed pavers and soak in the tranquil views of the serene pond - the perfect spot for enjoying a glass of wine and unwinding after a long day. When it's time to retreat for the night, indulge in the luxurious soaking tub in your master bath, or cozy up in the sitting area within your master bedroom. Custom lighting and fans throughout the home add the final touch of elegance and sophistication, making it the perfect retreat for embracing the ''Growing Older, Not Up'' lifestyle. Don't miss this incredible opportunity to experience luxurious living in paradise! Schedule your private tour today and discover firsthand what makes this Cabana so special. Your dream lifestyle in Latitude Margaritaville Watersound awaits! Enjoy the transferrable 2-10 builders warranty for peace of mind. Latitude Margaritaville is the most sought after 55+ community in the country with unmatched amenities including a private restaurant with 3 bars, resort pool, live music daily, pickleball, bocce ball, cornhole, putting green, Fins Up Fitness Center, indoor lap pool & whirlpool and a full lifestyle staff who dedicate their days to ensuring your fun! Phase 2 of the amenities include a full size theatre for comedy and tribute bands, Barkaritaville dog spa, woodworking shop, pottery room, 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 has opened and we are anticipating the grocery store, restaurants and other boutique shopping soon as well as a Public Marina...all through St Joe!
Last checked:
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Checking…
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Last updated Apr 17, 2025
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MLS# 974093 —
The Building
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Year Built:2023
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Construction Materials:Roof Shingle/Shake, Siding CmntFbrHrdBrd, Slab
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Building Area Total:2393.0
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Building Area Source:Building Plan
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Architectural Style:Caribbean
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Basement:None
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Stories:1
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Levels:None
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Foundation Details:None
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Exterior Features:Rain Gutter, Porch Screened
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Patio And Porch Features:None
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Accessibility Features:None
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Security Features:None
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Direction Faces:None
Interior
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Interior Features:Ceiling Crwn Molding, Ceiling Tray/Cofferd, Ceiling Vaulted, Floor Tile, Furnished - None, Kitchen Island, Pantry, Plantation Shutters, Split Bedroom, Walls Paneled, Washer/Dryer Hookup
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Rooms Total:7
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Flooring:None
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Buyer Financing:Conventional, VA
Location
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Directions:Hwy 79 to Latitude Blvd, Turn LEFT Turn RIGHT onto Margaritaville Blvd Turn LEFT onto Coral Reef Way Home is on the Left
The Property
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Property Type:Residential
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Property Subtype:Detached Single Family
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Acres:0.17
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Lot Size Area:0.17
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Lot Size Dimensions:57.96x144.66
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Lot Size SqFt:7405.2
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Lot Size Units:Acres
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Zoning:Resid Single Family
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Possible Use:None
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Parcel Number:32503-350-156
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Topography:None
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View:Pond
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Waterfront:No
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Water Body Name:None
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Road Surface Type:Paved
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:5161.97
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Tax Legal Description:LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4078 ORB 4769 P 956
Beds
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Bedrooms Total:2
Baths
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Total Baths:2.5
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Total Baths:3
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Full Baths:2
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Half Baths:1
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=q2Jaca6rD2h&brand=0&mls=1&
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Home Warranty:No
Heating & Cooling
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Heating:No
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Cooling:Ceiling Fans, Central Air
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Cooling:true
Utilities
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Utilities:Electric, Gas - Natural, Public Sewer, Public Water
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Electric:None
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Sewer:None
Appliances
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Appliances:Cooktop, Dishwasher, Disposal, Freezer, Microwave, Range Hood, Smoke Detector
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Disposal:true
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Microwave:true
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Dishwasher:true
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Range:true
Schools
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Elementary School:West Bay
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Elementary School District:None
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Middle Or Junior School:Surfside
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Middle Or Junior School District:None
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High School:Arnold
The Community
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Subdivision Name:Latitude at Watersound
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Community Features:Pickle Ball, Community Room, Elevators, Exercise Room, Gated Community, Minimum Rental Prd, Pets Allowed, Pool, Tennis, Whirlpool
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:308.03
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Association Fee Frequency:Monthly
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Association Fee Includes:Ground Keeping, Management, Master Association, Recreational Faclty
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Pool Private:None
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Pool Features:Pool Type
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Garage Spaces:2.0
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Attached Garage:true
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Carport:false
Monthly cost estimate

Asking price
$739,900
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,961
|
Taxes | $430 |
Insurance | $203 |
Utilities | $171 See report |
Total | $4,765/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/16/25
Apr 16, 2025
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Listed / Active | ECARMLS | $739,900 |