NOT LISTED FOR SALE

8431 Coral Reef Way Panama City Beach, FL 32413

Latitude Margaritaville Neighborhood

Estimated Value: $727,000 - $784,000

2 Beds
2.5 Baths
2,122 Sq Ft
$356/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $675,500 $318 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,773/month

Highlights

  • Gated Community
  • Pond View
  • Vaulted Ceiling
  • J.R. Arnold High School Rated A-
  • Waterfront
  • Community Pool

About This Home

As of January 2023

New Construction comp purposes. Hammock Bay.

Last Agent to Sell the Property

Non Member

NON-MEMBER OFFICE Listed on: 01/01/2023

Last Buyer's Agent

Heather Denaro

Beachy Beach Real Estate License #SL3392228

Beachy Beach Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 2023

Lot Details

  • 8,494 Sq Ft Lot
  • Lot Dimensions are 131x56.56x131x79.26
  • Waterfront
  • Sprinkler System

HOA Fees

  • $301 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • HardiePlank Type

Interior Spaces

  • 2,122 Sq Ft Home
  • Vaulted Ceiling
  • Family Room
  • Dining Room
  • Pond Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

Overview

  • Association fees include management, legal/accounting, ground maintenance, pool(s)
  • Latitude At Watersound Subdivision

Recreation

  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,650

Year Built

Built in 2023

Lot Details

0

HOA Fees

$301 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Detached
  • Lot Size Acres: 0.2
  • Lot Size: 131x56.56x131x79.26
  • Subdivision Name: Latitude at Watersound
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Tankless Water Heater
  • Interior Amenities: High Ceilings, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 2122.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Pond
  • View: Yes
  • Waterfront Features: Other
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Security Features: Gated Community, Smoke Detector(s), Security Service
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 300.82
  • Community Features: Other, Pool, Shopping, See Remarks, Short Term Rental Allowed, Sidewalks, Gated
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Maintenance Grounds, Pool(s)

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 8494.0

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2023
Closed on
Jan 30, 2023
Sold by
Rimes Billy Shepard
Bought by
Story Luther Charlie and Story Jean C
Seller's Agent
Non Member
NON-MEMBER OFFICE
Buyer's Agent
Heather Denaro
Beachy Beach Real Estate
List Price
$675,500
Sold Price
$675,500
Views
3
Current Estimated Value
$755,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,975
Avg. Annual Appreciation
4.41%
Original Mortgage
$380,757
Outstanding Balance
$369,101
Interest Rate
6.27%
Mortgage Type
VA
Estimated Equity
$386,374

Purchase Details

Closed on
Aug 4, 2022
Sold by
Lmws Llc
Bought by
Rimes Billy Shepard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,890
Interest Rate
4.92%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Story Luther Charlie $675,500 --
Rimes Billy Shepard $431,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Story Luther Charlie $380,757
Previous Owner Rimes Billy Shepard $251,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Sold $675,500 0.0% $318 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
01/01/2023 01/01/23 For Sale $675,500 -- $318 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,650 $579,262 $40,000 $539,262
2023 $4,650 $368,128 $30,231 $337,897
2022 $312 $27,000 $27,000 $0
2021 $9 $718 $718 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Non Member

    NON-MEMBER OFFICE

  • Heather Denaro

    Buyer's Agent in 2023

    Heather Denaro

    Beachy Beach Real Estate

    (850) 541-5774

    65 in this area

    172 Total Sales

    Heather Denaro
    Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 750744

Central Panhandle Association of REALTORS®

APN: 32503-200-280

Florida Bay County Panama City Beach 32413 Latitude Margaritaville

8431 Coral Reef Way, Panama City Beach, FL

This home is located at 8431 Coral Reef Way, Panama City Beach, FL 32413 since 01 January 2023 and is currently estimated at $755,475, approximately $356 per square foot. This property was built in 2023. 8431 Coral Reef Way is a home located in Bay County with nearby schools including Surfside Middle School, J.R. Arnold High School, and West Bay Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes