
8687 Coral Reef Way Panama City Beach, FL 32413
Latitude Margaritaville NeighborhoodEstimated payment $3,531/month
Highlights
- Waterfront Community
- Boat Dock
- Fishing
- J.R. Arnold High School Rated A-
- In Ground Pool
- Gated Community
About This Home
Welcome home to Latitude Margaritaville Watersound - an exclusive 55+ community located in the scenic Florida panhandle, near Panama City Beach and the renowned 30A corridor. This newly constructed Coconut Plan home, meticulously decorated by its homeowner, an accomplished interior designer, offers a premium living experience with sophisticated luxury at every turn. The gourmet kitchen features custom cabinetry with soft-close doors, pull-out pantry shelving, and a convenient dedicated pots and pans drawer. Both the kitchen and bathrooms are outfitted with luxurious quartz countertops, designer faucets, and an elegant tile backsplash. The bathroom cabinetry has been thoughtfully upgraded, with the master bath offering a double bank of drawers for added storage.Throughout the home, premium tile flooring enhances the bathrooms and laundry area, while the master bedroom and closet boast beautiful high level hardwood floors. Crown molding accents every room, adding sophistication and detail. Ceiling fans and custom lighting are installed throughout the home for year-round comfort.The spacious living room is elevated with decorative beams, creating a welcoming and refined atmosphere. Every room has been thoughtfully designed with an eye for elegance and style, ensuring a seamless blend of comfort and opulence. The screened-in lanai offers an ideal space for outdoor relaxation, and relaxing pond views that are perfect for enjoying the mild Florida climate.Additional thoughtful features include extra electrical outlets, an attic pull-down for convenient storage access, and a stylish glass front door.Latitude Margaritaville Watersound offers an unparalleled living experience in a vibrant 55+ community and is the most coveted and sought after community in the United States! With unparalleled amenities such as restaurants, a fitness center with numerous fitness classes offered, bar, resort style heated pool, indoor pool, Pickleball Courts, Basketball Courts, and live music Daily. Friday and Saturday night concerts will keep you entertained throughout the year! Additional amenities includes a full size theatre, Barkaritaville dog spa, woodworking shop, 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 is about to open and anticipating the grocery store, restaurants and other boutique shopping soon as well as the Public Marina...all through St Joe!Don't miss the opportunity to experience this exceptional, designer-inspired home. Contact us today to schedule a private viewing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $379
Year Built
- Built in 2023
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50 x 131
HOA Fees
- $317 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Florida Architecture
- Shingle Roof
- Vinyl Siding
- HardiePlank Type
Interior Spaces
- 1,672 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Plantation Shutters
- Living Room
- Den
- Vinyl Plank Flooring
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Screened Patio
- Porch
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Community Details
Overview
- Association fees include legal/accounting, ground maintenance, security
- Latitude At Watersound Subdivision
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Boat Dock
- Waterfront Community
- Tennis Courts
- Community Pool
- Fishing
Security
- Gated Community
Map
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 | $394,095 | $40,000 | $354,095 |
2023 | $379 | $30,231 | $30,231 | $0 |
2022 | -- | $1,820 | $1,820 | -- |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/05/2025 08/05/25 | Price Changed | $585,000 | -1.7% | $350 / Sq Ft |
06/17/2025 06/17/25 | Price Changed | $595,000 | -2.4% | $356 / Sq Ft |
06/09/2025 06/09/25 | Price Changed | $609,900 | -3.2% | $365 / Sq Ft |
06/03/2025 06/03/25 | Price Changed | $629,900 | -1.6% | $377 / Sq Ft |
05/22/2025 05/22/25 | Price Changed | $639,900 | -1.0% | $383 / Sq Ft |
05/06/2025 05/06/25 | Price Changed | $646,500 | -0.4% | $387 / Sq Ft |
04/16/2025 04/16/25 | Price Changed | $649,000 | -0.9% | $388 / Sq Ft |
04/03/2025 04/03/25 | Price Changed | $655,000 | -1.5% | $392 / Sq Ft |
03/12/2025 03/12/25 | Price Changed | $664,900 | -1.5% | $398 / Sq Ft |
02/26/2025 02/26/25 | For Sale | $675,000 | +6.3% | $404 / Sq Ft |
06/21/2024 06/21/24 | Sold | $635,000 | -2.3% | $377 / Sq Ft |
06/11/2024 06/11/24 | Pending | -- | -- | -- |
06/07/2024 06/07/24 | For Sale | $650,000 | -- | $386 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $635,000 | Southern Coast Title Llc | |
Special Warranty Deed | $474,000 | Watersound Title |
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Source: Central Panhandle Association of REALTORS®
MLS Number: 769440

APN: 32503-350-116
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