NOT LISTED FOR SALE

8634 Coral Reef Way Panama City Beach, FL 32413

Latitude Margaritaville Neighborhood

Estimated Value: $354,259 - $387,000

2 Beds
2 Baths
1,210 Sq Ft
$308/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $360,000 $298 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,388/month

44 Days on Market

Highlights

  • Gated Community
  • Florida Architecture
  • Covered Patio or Porch
  • J.R. Arnold High School Rated A-
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of July 2024

Latitude is an active adult 55+ community, 10 miles from the beach. Drive to Pier Park Shopping, the Panama City Beach airport, in 20 minutes or less. The Bamboo Cottage plan is positioned on a lot off of Margaritaville Blvd and only two streets in on Coral Reef. so entry and exit from your new home is fast and easy. Finishes are standard Builder selections making the home perfect for someone who wishes to select personal finishes for a full-time residence, 2nd home, OR a long-term rental. Latitude is Golf Cart friendly and amenities include a full-service restaurant, fitness facility with an indoor lap pool, resort pool, pickleball and tennis courts, bocce ball, ping-pong, and a putting green. There is also a launch area for kayaking. Builder Warranty in place until 2025.

Last Agent to Sell the Property

Linda Stewart

La Florida Coastal Properties License #3318733 Listed on: 05/07/2024

Last Buyer's Agent

Heather Denaro

Beachy Beach Real Estate License #3392228

Beachy Beach Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $379

Year Built

  • Built in 2023

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x110

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Florida Architecture
  • Property Attached
  • Composition Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,210 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32503-350-462

Community Details

Overview

  • Association fees include ground keeping, repairs/maintenance
  • Latitude Margaritaville Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$379

Year Built

Built in 2023

Lot Details

0

HOA Fees

$317 per month

Parking

2

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 35x110
  • Road Surface Type: Paved
  • Subdivision Name: Latitude Margaritaville
  • Directions: Hwy 79 North then left onto the main entry street. Pass the Sales Center on your right and turn left into the 2nd gated entrance which is Margaritaville Blvd. Turn right onto Coral Reef and go to Weekend Dr. - turn right and the property is immediately on the left.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2023
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Dining Area: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor WW Carpet
  • Window Features: Double Pane Windows
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Lot Features: Sidewalk, Survey Available
  • Pool Features: Pool Type
  • Construction Type: Roof Composite Shngl, Slab, Trim Vinyl
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • Lot Features:Sidewalk: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pickle Ball, Community Room, Exercise Room, Gated Community, Pets Allowed, Pool
  • Association #2 Fee: 316.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Repairs/Maintenance

Schools

  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 32503-350-462
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 379.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 9, 2024
Sold by
Jones Sandra Hulsey
Bought by
Lee Justin and Lee Sheila
Seller's Agent
Linda Stewart
La Florida Coastal Properties
Buyer's Agent
Heather Denaro
Beachy Beach Real Estate
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Views
5
Current Estimated Value
$372,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,492
Avg. Annual Appreciation
1.47%

Purchase Details

Closed on
Apr 7, 2023
Sold by
Lmws Llc
Bought by
Jones Sandra Hulsey
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Lee Justin $360,000 Emerald Coast Title Services
Jones Sandra Hulsey $274,200 Watersound Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $360,000 -8.8% $298 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $394,900 -1.0% $326 / Sq Ft
05/07/2024 05/07/24 For Sale $399,000 -- $330 / Sq Ft
Source: Emerald Coast 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 $379 $232,784 $40,000 $192,784
2023 $379 $30,231 $30,231 $0
2022 -- $1,820 $1,820 --
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Linda Stewart

    La Florida Coastal Properties

    (850) 830-8403

    1 in this area

    17 Total Sales

    Section Image
  • Heather Denaro

    Buyer's Agent in 2024

    Heather Denaro

    Beachy Beach Real Estate

    (850) 541-5774

    65 in this area

    163 Total Sales

    Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 949242

Emerald Coast Association of REALTORS®

APN: 32503-350-462

Florida Bay County Panama City Beach 32413 Latitude Margaritaville

8634 Coral Reef Way, Panama City Beach, FL

This home is located at 8634 Coral Reef Way, Panama City Beach, FL 32413 since 07 May 2024 and is currently estimated at $372,815, approximately $308 per square foot. This property was built in 2023. 8634 Coral Reef Way is a home located in Bay County with nearby schools including J.R. Arnold High School, West Bay Elementary School, and Surfside Middle 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for 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 not guaranteed.

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