8794 Coral Reef Way Panama City Beach, FL 32413
Latitude Margaritaville NeighborhoodEstimated payment $4,633/month
Highlights
- Very Popular Property
- Screened Pool
- Gated Parking
- Waterfront Community
- Active Adult
- Gated Community
About This Home
Latitude Margaritaville Watersound, a 55+ Active Adult Coastal Community.
Welcome to paradise in the highly sought-after Seashell Beach Collection (formerly The Hammock) a beautifully appointed pool home offering 3 bedrooms, a den with French doors, and 2.5 baths. Step inside this open-concept coastal retreat where the gorgeous chef's kitchen boasts a gas cooktop, quartz countertops and backsplash, upgraded 42'' cabinetry, and a walk-in pantry with custom shelving. The kitchen flows seamlessly into the great room, featuring a vaulted ceiling, custom built-in bookcase with electric fireplace, and an entire wall of sliding glass doors that open to your private outdoor oasis, complete with a freeform saltwater pool and paver lanai.
The primary ensuite is a serene retreat with a bay window overlooking the pool, and a spa-inspired bath featuring an oversized tiled shower with frameless glass enclosure and dual vanities with quartz countertops. Bedrooms two and three share a beautifully upgraded full bath, while the den/office includes convenient access to a half bath.
Additional highlights include: 8' interior doors throughout Plantation shutters, blinds, and shades, Crown molding and designer lighting Recessed lighting and ceiling fans in every room, Laminate Revwood by Mohawk flooring
throughout, tile in baths and laundry
Laundry room with cabinets and a Utility sink in garage. Lush landscaping surrounding this private backyard retreat
Enjoy the Latitude Margaritaville Watersound lifestyle, where every day feels like a vacation, surrounded by resort-style amenities, pools, tiki huts, and friendly neighbors who love where they live. This home has a 10 year structural warranty from the original
buyers close date and pool warranty.
Living in Latitude Margaritaville Watersound means embracing a true resort-style, active adult 55+ community, coastal lifestyle designed for fun and relaxation. At the heart of it all is the Town Square where live entertainment fills the air on a daily basis and every Fri/Sat. night! The Resort-style pools, perfect for lounging in the Florida sunshine or enjoying a swim with friends. State-of-the-art fitness center & group classes - including yoga, spin classes and lap pool and spa, water aerobics to name a few. Walking, biking, and golf cart trails that wind through the community with easy access to all amenities and a underpasses for safe and convenient access throughout the neighborhood. Sports courts - including pickleball, tennis, and bocce, basketball encouraging friendly competition and active living. Kayak launch for adventure seekers, Last Mango Theater for shows and events, ceramics and wood working shops, pet grooming and a dedicated dog park. Beyond the amenities, Latitude Margaritaville Watersound offers a low-maintenance lifestyle—with lawn care included in HOA dues, giving residents more time to enjoy the beach, boating, or exploring nearby Panama City Beach and 30A. Whether it's a sunset golf cart ride, cocktails by the pool, or mingling with neighbors at one of the many social groups, this is a place where every day feels like a vacation. From mornings spent on the lanai overlooking the preserve to afternoons by your private pool and evenings gathering with neighbors, every detail of this property invites you to live life like it's always vacation. This home captures the very essence of coastal living at its finest.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,042
Year Built
- Built in 2023
Lot Details
- 8,668 Sq Ft Lot
- Lot Dimensions are 67x137
- Landscaped
- Sprinkler System
Parking
- 2 Car Attached Garage
- Gated Parking
Home Design
- Aluminum Siding
- Vinyl Siding
- HardiePlank Type
Interior Spaces
- 1-Story Property
- Bookcases
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Electric Fireplace
- Double Pane Windows
- Plantation Shutters
- Great Room
- Breakfast Room
- Den
Kitchen
- Walk-In Pantry
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Gate
- Smart Thermostat
- Fire and Smoke Detector
Pool
- Screened Pool
- Heated In Ground Pool
- Gunite Pool
- Saltwater Pool
Outdoor Features
- Screened Patio
- Porch
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Underground Utilities
- High Speed Internet
Community Details
Overview
- Active Adult
- Property has a Home Owners Association
- Association fees include management, fitness facility, legal/accounting, ground maintenance, recreation facilities, tennis courts
- Latitude At Watersound Subdivision
Recreation
- Waterfront Community
- Tennis Courts
- Community Basketball Court
- Community Pool
- Community Spa
Additional Features
- Business Center
- 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 | $566,974 | $40,000 | $526,974 |
| 2023 | $379 | $30,231 | $30,231 | $0 |
| 2022 | -- | $1,820 | $1,820 | -- |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | For Sale | $772,900 | -- | $366 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $663,200 | Watersound Title |
Source: Central Panhandle Association of REALTORS®
MLS Number: 780389
APN: 32503-350-274
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