8654 Coral Reef Way Panama City Beach, FL 32413
Latitude Margaritaville NeighborhoodEstimated payment $3,042/month
Total Views
8,346
2
Beds
2
Baths
1,315
Sq Ft
$342
Price per Sq Ft
Highlights
- Marina
- Boat Dock
- Florida Architecture
- J.R. Arnold High School Rated A-
- Gated Community
- Cathedral Ceiling
About This Home
Cocktails by the Paradise Pool, live music echoing from the pavilion, and a fully upgraded cottage where every detail invites you to exhale - welcome to 8654 Coral Reef Way, where Latitude living begins the moment you arrive.
Skip the wait to build and step directly into the Camellia floor plan, thoughtfully curated as part of the Conch Cottage Collection in Latitude Margaritaville Watersound. Enhanced by nearly $55,000 in carefully crafted upgrades, this home is a seamless blend of style, function, and the easy, breezy rhythm of coastal resort living. Inside, the mood is unmistakably relaxed. Coastal-inspired tones pair effortlessly with luxury vinyl plank flooring, setting the stage for sunny mornings, impromptu happy hours, and everything in between. The open-concept layout flows naturally from room to room, with the heart of the home - the gourmet kitchen - anchored by 42-inch upgraded cabinetry, a custom extended quartz island, and Whirlpool® stainless appliances ready to support everything from quiet breakfasts to cocktails with friends.
When the day winds down, retreat to the primary suite, where peaceful design and practical luxury meet. You will find a frameless glass walk-in shower, dual vanities, and elevated finishes that make even your morning routine feel indulgent. A second bedroom offers flexibility, perfect for guests, hobbies, or a home office that does not feel like an afterthought.
The upgrades extend beyond what meets the eye. An epoxy-coated garage, upgraded door hardware, lighting, and thoughtful tech touches bring convenience and refinement to everyday living. For ultimate peace of mind, this home includes impact-rated windows and doors, Low-E glass, a Rinnai® tankless water heater, and Carrier® HVAC. It is all situated in an X Flood Zone with no CDD fees.
Step outside to the screened-in porch, where salty breezes and morning light invite you to slow down and savor the moment. Whether you are entertaining or unwinding, this space becomes an effortless extension of your lifestyle.
Beyond your doorstep, Latitude Margaritaville Watersound delivers the vibrant resort lifestyle it is famous for. Spend your days lounging in a cabana by the Paradise Pool, catching a live concert at the music pavilion, taking a class at the Fins Up! Fitness Center, or dining with friends just steps from home. With a dog park and pet spa, pickleball courts, walking trails, and a full calendar of clubs and events, every day offers something to look forward to. And with landscaping and exterior maintenance included in your HOA, you will spend less time on chores and more time living.
8654 Coral Reef Way is not just a move-in ready Camellia. It is your front-row seat to the lifestyle you have worked for, dreamed of, and finally found. Come see what it means to truly live in Latitude.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,064
Year Built
- Built in 2023
Lot Details
- 3,920 Sq Ft Lot
- Interior Lot
- Level Lot
- Sprinkler System
HOA Fees
- $339 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Guest Parking
Home Design
- Florida Architecture
- Property Attached
- Frame Construction
- Dimensional Roof
- Pitched Roof
- Concrete Siding
- Cement Board or Planked
Interior Spaces
- 1,315 Sq Ft Home
- 1-Story Property
- Shelving
- Woodwork
- Crown Molding
- Cathedral Ceiling
- Recessed Lighting
- Plantation Shutters
- Living Room
- Dining Area
Kitchen
- Walk-In Pantry
- Gas Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Painted or Stained Flooring
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Enclosed Patio or Porch
Schools
- Southport Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- High Efficiency Air Conditioning
- Central Heating and Cooling System
- High Efficiency Heating System
- Air Source Heat Pump
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 32503-350-480
Community Details
Overview
- Association fees include accounting, ground keeping, management, master, recreational faclty, security
- Latitude At Watersound Subdivision
- The community has rules related to covenants
Recreation
- Boat Dock
- Marina
- Waterfront Community
- Tennis Courts
- Community Pool
Pet Policy
- Pets Allowed
Additional Features
- Recreation Room
- Gated Community
Map
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
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 | $289,149 | $40,000 | $249,149 |
| 2023 | $379 | $30,231 | $30,231 | $0 |
| 2022 | -- | $1,820 | $1,820 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | For Sale | $450,000 | -- | $342 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $335,200 | Watersound Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $268,156 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: Emerald Coast Association of REALTORS®
MLS Number: 980043
APN: 32503-350-480
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 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.
Nearby Homes
- 8667 Tropics Ave
- 8661 Tropics Ave
- 8658 Coral Reef Way
- 8674 Tropics Ave
- 8680 Tropics Ave
- 8686 Coral Reef Way
- 8635 Coral Reef Way
- 8687 Coral Reef Way
- 8660 Weekend Dr
- 8733 Weekend Dr
- 8633 Shell Sink Dr
- 8627 Shell Sink Dr
- 8613 Shell Sink Dr
- 8634 Shell Sink Dr
- 8737 Coral Reef Way
- 8668 Shell Sink Dr
- 8952 Coral Reef Way
- 8948 Coral Reef Way
- 8670 Treasure Past Way
- 8894 Coral Reef Way
- 8709 Coral Reef Way
- 8678 Weekend Dr
- 8661 Shell Sink Dr
- 8666 Shell Sink Dr
- 8672 Shell Sink Dr
- 8736 Lime Dr
- 8765 Coral Reef Way
- 8631 Margaritaville Blvd
- 8503 Dreams Float Ct
- 8501 Dreams Float Ct
- 8436 Coral Reef Way
- 8818 Attitude Ave
- 8914 Parrot Place
- 8411 Coral Reef Way
- 9337 Cool Breeze Dr
- 9245 Cool Breeze Dr
- 8703 Conch Shell Ct
- 8958 Parrot Place
- 8734 Sand Dollar Dr
- 8529 Lost Shaker Way