UNDER CONTRACT
$119K PRICE DROP
8635 Coral Reef Way Panama City Beach, FL 32413
Latitude Margaritaville NeighborhoodEstimated payment $3,654/month
Total Views
14,194
3
Beds
2.5
Baths
2,114
Sq Ft
$289
Price per Sq Ft
Highlights
- Senior Community
- Vaulted Ceiling
- Community Pool
- Gated Community
- Great Room
- Tennis Courts
About This Home
**Under Contract - Currently Taking Backups**VERY MOTIVATED SELLER! This home is a RARE FIND! Only a handfull of these Seashell floorplans have been built. VERY UNIQUE opportunity to purchase one of these hard-to-find models! This SPACIOUS single family home offers plenty of living space. Located in Phase 4 of Latitude Margaritaville 55+ active adult community. EXCELLENT LOCATION close to amenities and future retail! Built on a large lot with beautiful WATER and PRESERVE views! Beautiful laminate floors throughout with tiled floors in the bathrooms. As you enter the 2-story high foyer of this OPEN FLOOR PLAN, one of the rooms can be used as a den or a 3rd bedroom! The other room across the foyer can be used for dining to enjoy dinners or just playing cards with friends! The SPACIOUS master features two walk-in closets and a large master bath. An added bonus are the 8-foot tall doors, ceiling fans, and recessed lighting throughout. The beautiful kitchen sports 42-inch cabinets with crown molding, under cabinet lighting, soft close drawers, pots and pan drawers for extra storage, Quartz countertops and a large kitchen island for gathering with plenty of room for barstools. Stainless appliances with gas double oven range and large walk- in pantry. Garage includes deck material flooring, EXTRA STORAGE and attic storage. Remote blinds on lanai slider doors. Enjoy your days on the EXTENDED screened-in lanai with beautiful views! ALL OFFERS WELCOMED! Margaritaville is a very popular 55+ community with a huge resort style pool, private Bar & Chill Restaurant, stunning views of the Intracoastal Waterway, walking trails, pickleball, tennis, basketball courts, game lawn, state-of-the-art fitness center with indoor lap pool and spa, bandshell for dancing the night away and other events, theater, wood working shop, pottery studio, pet spa, and dog park. There is a lifestyle team dedicated to ensuring there is always something fun to do including live music everyday of the week. Always something to do or you can do nothing at all. About 7 miles to the white sandy beaches of the Florida Panhandle! LIVING THE DREAM!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $379
Year Built
- Built in 2023
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 131 x 56
- Property fronts a private road
- Landscaped
- Sprinkler System
HOA Fees
- $324 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Slab Foundation
- Shingle Roof
- Composition Roof
- HardiePlank Type
Interior Spaces
- 2,114 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Great Room
- Dining Room
- Den
Kitchen
- Walk-In Pantry
- Double Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- High Speed Internet
Community Details
Overview
- Senior Community
- Association fees include management, clubhouse, ground maintenance, pool(s), recreation facilities, sprinkler, tennis courts
- First Services Association
- Latitude At Watersound Subdivision
Amenities
- Picnic Area
- Elevator
Recreation
- Tennis Courts
- Community Pool
- Community Spa
- Park
Security
- Card or Code Access
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
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 | $413,129 | $40,000 | $373,129 |
| 2023 | $379 | $30,231 | $30,231 | $0 |
| 2022 | -- | $1,820 | $1,820 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Price Changed | $610,000 | -6.2% | $289 / Sq Ft |
| 07/21/2025 07/21/25 | Price Changed | $650,000 | -2.3% | $307 / Sq Ft |
| 07/17/2025 07/17/25 | Price Changed | $665,000 | -1.5% | $315 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $674,900 | -0.8% | $319 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $680,000 | -2.6% | $322 / Sq Ft |
| 05/11/2025 05/11/25 | Price Changed | $697,900 | -0.3% | $330 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $699,900 | -2.1% | $331 / Sq Ft |
| 03/08/2025 03/08/25 | Price Changed | $715,000 | -0.6% | $338 / Sq Ft |
| 02/16/2025 02/16/25 | Price Changed | $719,000 | -1.4% | $340 / Sq Ft |
| 01/15/2025 01/15/25 | For Sale | $729,000 | -- | $345 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $482,000 | Watersound Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | VA |
Source: Public Records
Similar Homes in Panama City Beach, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 767251
APN: 32503-350-100
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.
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.
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