NOT LISTED FOR SALE

8745 Coral Reef Way Panama City Beach, FL 32413

Latitude Margaritaville Neighborhood

Estimated Value: $706,636 - $825,000

3 Beds
3 Baths
2,161 Sq Ft
$346/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $687,000 $318 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,298/month

19 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Corner Lot
  • J.R. Arnold High School Rated A-
  • Florida Architecture
  • Great Room

About This Home

As of October 2023

The wait is over! Welcome home to a stunning, brand new home in Latitude Margaritaville Watersound....
This beautiful Breeze Bay, with 3rd bedroom/3rd full bath is located a short golf cart ride to the incredible amenities that are now open and ready to enjoy. It's a detached home on a corner lot with an unobstructed lake view. No yard work needed as the neighborhood takes care of it all!
Benefit from the many upgrades and the attention to detail. Screened in lanai with extended patio for star gazing or barbequing. quartz countertops throughout, soft close cabinets, Whirlpool washer/dryer, refrigerator, gas stove, oven/microwave, and window coverings. See the full list of upgrades throughout the house. Latitude Margaritaville Watersound.... A 55+ Active Adult, gated community with amenities galore. Socialize at the neighborhood restaurant and bars overlooking the Intracoastal Waterway, or cool off in the resort style pool and indoor lap pool. Stay fit at the well-appointed gym with yoga, spin classes, a massage room, and more. Want to meet your neighbors? There are clubs for every interest, or start your own. This is the lifestyle you've been waiting for and deserve!

Last Agent to Sell the Property

Laura Varga

Compass License #3495596 Listed on: 08/01/2023

Compass

Last Buyer's Agent

Laura Varga

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $379

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 131x70x175x71
  • Corner Lot

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • 2,161 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Plantation Shutters
  • Great Room
  • Dining Room
  • Den
  • Tile Flooring
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Covered Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 32503-350-192

Community Details

Overview

  • Association fees include ground keeping, management, master, recreational faclty
  • Latitude Margaritaville Watersound Subdivision
  • The community has rules related to covenants

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$379

Year Built

Built in 2023

Lot Details

0

HOA Fees

$282 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 131x70x175x71
  • Road Surface Type: Paved
  • Subdivision Name: Latitude Margaritaville Watersound
  • Directions: Hwy 79 north to 388 entrance of Margaritaville Welcome Center, go west. Take left onto Margaritaville Blvd and once thru gate, go to Coral Reef Way and go right.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2023
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Rooms:Great Room: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Den: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Beamed, Ceiling Raised, Floor Tile, Kitchen Island, Plantation Shutters, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions
  • Pool Features: Pool Type
  • Construction Type: Roof Shingle/Shake, Siding CmntFbrHrdBrd
  • Exterior Features: Deck Covered, Patio Covered, Patio Enclosed
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Lot Features:Corner: Yes
  • Exterior:Patio Enclosed: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Gated Community, Minimum Rental Prd, Pool, Tennis, TV Cable
  • Association #2 Fee: 844.98
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Master Association, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 32503-350-192
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Glorioso Lillian Sherryl
Bought by
Glorioso Lillian Sherryl and Ezell David Ty
Current Estimated Value
$747,659

Purchase Details

Listed on
Aug 1, 2023
Closed on
Oct 10, 2023
Sold by
Mcdonald Michael James and Mcdonald Stephanie Anne
Bought by
Glorioso Lillian Sherryl
Seller's Agent
Laura Varga
Compass
Buyer's Agent
Laura Varga
Berkshire Hathaway HomeServices
List Price
$687,000
Sold Price
$687,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Jul 31, 2023
Sold by
Lmws Llc
Bought by
Mcdonald Michael James and Mcdonald Stephanie Anne
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
Glorioso Lillian Sherryl $100 None Listed On Document
Glorioso Lillian Sherryl $687,000 Watersound Title
Mcdonald Michael James $553,100 Watersound Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2023 11/12/23 Off Market $687,000 -- --
10/10/2023 10/10/23 Sold $687,000 0.0% $318 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $687,000 -- $318 / 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 $585,117 $40,000 $545,117
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 2023

    Laura Varga

    Compass

    (281) 236-9441

    1 in this area

    7 Total Sales

    Laura Varga
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 928920

Emerald Coast Association of REALTORS®

APN: 32503-350-192

Florida Bay County Panama City Beach 32413 Latitude Margaritaville

8745 Coral Reef Way, Panama City Beach, FL

This home is located at 8745 Coral Reef Way, Panama City Beach, FL 32413 since 01 August 2023 and is currently estimated at $747,659, approximately $345 per square foot. This property was built in 2023. 8745 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.

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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