NOT LISTED FOR SALE

8822 Coral Reef Way Inlet Beach, FL 32413

Latitude Margaritaville Neighborhood

Estimated Value: $597,184 - $703,000

3 Beds
3 Baths
2,161 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $625,000 $289 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,536/month

102 Days on Market

Highlights

  • Senior Community
  • Vaulted Ceiling
  • Community Pool
  • Gated Community
  • Great Room
  • Covered Patio or Porch

About This Home

As of May 2024

CURRENTLY Under Contract - ACCEPTING Back-Up OffersOne of the most desired single family floorplans in the 55+ community of Latitude Margaritaville (Breeze Bay) is now ready for your unique personal touch. A 3 bedroom and 3 full bathroom conversion is just what your extended family and friends have been begging for. No need for air mattresses in the den! The spacious kitchen island is the focal point in this open floorplan as you entertain your guests and enjoy indoor/outdoor living at its best all in one area. The oh-so-popular grey cabinets are consistent throughout the home including the laundry room. After all the guests have gone home, retreat to enjoy your luxurious sanctuary in the elegant Master Bedroom Suite.Walk, don't run to the most sought after 55+ community in the country right now with unmatched amenities including a private restaurant with 3 bars, resort pool, live music daily, pickleball, bocce ball, cornhole, Fins Up Fitness Center, indoor lap pool & whirlpool and a full lifestyle staff who dedicate their days to ensuring your fun! The retail has also begun with the golf cart store in full swing, a bank has just broke ground and anticipating the grocery store, restaurants and other boutique shopping soon as well as Public Marina...all through St Joe!2 Year Transferrable Warranty in place until 09/25

Last Agent to Sell the Property

Terri Snyder

Bob Hodges And Sons Realty License #3510851 Listed on: 01/09/2024

Last Buyer's Agent

Alisa Walley

Coldwell Banker Realty License #3587466

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 58x129
  • Sprinkler System

HOA Fees

  • $301 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • 2,161 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • High Speed Internet

Community Details

Overview

  • Senior Community
  • Association fees include management, clubhouse, ground maintenance, pool(s)
  • First Service Reside Association
  • Latitude At Watersound Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$301 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Detached
  • Lot Size Acres: 0.17
  • Lot Size: 58x129
  • Road Surface Type: Paved
  • Subdivision Name: Latitude at Watersound
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Tankless Water Heater
  • Interior Amenities: High Ceilings, Kitchen Island, Recessed Lighting, Vaulted Ceiling(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2161.0
  • Dining Room Type: Bedroom, Dining Room, Garage, Great Room, Primary Bedroom
  • Stories: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Community
  • Waterfront: No
  • Construction Type: Frame, HardiPlank Type, Wood Frame
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Security Features: Gated Community, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 300.82
  • Community Features: Fitness Center, Other, Pool, Shopping, See Remarks, Short Term Rental Allowed, Gated
  • Senior Community: Yes
  • Amenities: Gated
  • Association Fee Frequency: Monthly
  • Association Name: First Service Reside
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Maintenance Grounds, Pool(s)

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
May 17, 2024
Sold by
Burkett Ronald Eugene and Burkett Mary Christine
Bought by
Sharp Gary H and Sharp Cherie R
Seller's Agent
Terri Snyder
Bob Hodges And Sons Realty
Buyer's Agent
Alisa Walley
Coldwell Banker Realty
List Price
$669,000
Sold Price
$625,000
Premium/Discount to List
-$44,000
-6.58%
Views
55
Current Estimated Value
$657,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,796
Avg. Annual Appreciation
4.04%
Original Mortgage
$505,000
Outstanding Balance
$498,840
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
$158,956

Purchase Details

Closed on
Sep 21, 2023
Sold by
Lmws Llc
Bought by
Burkett Ronald Eugene and Burkett Mary Christine
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
Sharp Gary H $625,000 None Listed On Document
Burkett Ronald Eugene $497,000 Watersound Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Gary H $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $625,000 -4.9% $289 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $657,500 -1.7% $304 / Sq Ft
01/12/2024 01/12/24 For Sale $669,000 -- $310 / Sq Ft
Source: Central Panhandle 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 -- $422,053 $40,000 $382,053
2023 -- $1,834 $1,834 --
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Terri Snyder

    Bob Hodges And Sons Realty

    (717) 649-3191

    28 in this area

    64 Total Sales

    Terri Snyder
    Section Image

  • A

    Buyer's Agent in 2024

    Alisa Walley

    Coldwell Banker Realty

    (225) 791-1919

    5 in this area

    23 Total Sales

    Alisa Walley
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 751257

Central Panhandle Association of REALTORS®

APN: 32503-400-318

Florida Bay County Inlet Beach 32413 Latitude Margaritaville

8822 Coral Reef Way, Inlet Beach, FL

This home is located at 8822 Coral Reef Way, Inlet Beach, FL 32413 since 09 January 2024 and is currently estimated at $657,796, approximately $304 per square foot. This property was built in 2023. 8822 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.

Central Panhandle Association of REALTORS® 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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