8894 Coral Reef Way Panama City Beach, FL 32413
Estimated payment $4,737/month
Highlights
- Marina
- Lake Front
- Fishing
- J.R. Arnold High School Rated A-
- Heated In Ground Pool
- Gated Community
About This Home
Experience the pinnacle of 55+ resort-style living in this stunning Breeze Bay floorplan, perfectly situated on a premium waterfront lot with sweeping lake views. Located in the highly sought-after Latitude Margaritaville, this beautifully upgraded home offers the ideal blend of luxury, comfort, and low-maintenance living. Step inside to discover two spacious bedrooms, two and a half bathrooms, and a large two-car garage with professional epoxy-finished flooring. Every detail has been thoughtfully curated—from impact-resistant glass windows and doors to remote-controlled privacy shades and elegant Palmetto shutters on all windows. The luxurious fully screened in outdoor retreat boasts an extended lanai and features an in-ground private pool with both a heater and chiller, with a three-year warranty on all pool equipment. Inside, you'll find beautiful upgraded engineered wood floors with upgraded baseboards and crown molding. The kitchen is a chef's dream with upgraded granite countertops, 42'' soft-close cabinets, oversized pot drawers, stylish upgraded backsplash, and a pantry with built-in sliding drawers. A custom barn door leads to a private office complete with built-in cabinetry and granite counter space—ideal for work or hobbies. The large laundry room offers custom cabinetry, tile backsplash, granite countertop with a sink, and risers for the front loading washer and dryer. Retreat to the luxurious master suite with custom wood shelving in both walk-in closets and a spa-inspired oversized shower. Every inch of this home has been thoughtfully upgraded and meticulously maintained to create a luxurious and low-maintenance lifestyle. Enjoy the best of waterfront living with resort-style amenities in one of the most vibrant 55+ communities around. Latitude Margaritaville features extraordinary recreation, dining and entertainment in the Town Square. Endless opportunities for daily fun and fitness including an amenity center with a resort-style pool, social gathering areas, tiki huts & a poolside bar and grill. The indoor & outdoor athletic facilities include tennis and pickleball courts. The Town Square overlooks the Intracoastal Waterway adjacent to the planned public marina which will include both dry storage and wet slips with convenient access to West Bay, Choctawhatachee Bay, and the Gulf of Mexico. Live the Margaritaville lifestyle—where every day feels like a vacation. Don't miss this rare opportunity to own one of the finest waterfront homes in the community!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,442
Year Built
- Built in 2023
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 131 x 50
- Lake Front
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- HardiePlank Type
Interior Spaces
- 1-Story Property
- Crown Molding
- Ceiling Fan
- Living Room
- Dining Room
- Den
- Lake Views
- Laundry Room
Kitchen
- Electric Oven
- Gas Cooktop
- ENERGY STAR Qualified Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
Home Security
- Security Gate
- Storm Windows
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- ENERGY STAR Qualified Equipment
Outdoor Features
- Heated In Ground Pool
- Enclosed Patio or Porch
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Humidity Control
- Central Heating and Cooling System
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
- High Speed Internet
Community Details
Overview
- Property has a Home Owners Association
- Latitude At Watersound Subdivision
Recreation
- Marina
- Tennis Courts
- Community Basketball Court
- Community Pool
- Fishing
Security
- Security Service
- 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 | -- | $599,359 | $40,000 | $559,359 |
| 2023 | -- | $1,834 | $1,834 | -- |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | Price Changed | $785,000 | -3.7% | $362 / Sq Ft |
| 10/14/2025 10/14/25 | Price Changed | $814,985 | -0.2% | $376 / Sq Ft |
| 09/23/2025 09/23/25 | Price Changed | $817,000 | -1.4% | $376 / Sq Ft |
| 07/16/2025 07/16/25 | For Sale | $829,000 | -- | $382 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Special Warranty Deed | $707,400 | Watersound Title Agency | |
| Special Warranty Deed | $707,400 | Watersound Title Agency |
Source: Central Panhandle Association of REALTORS®
MLS Number: 776882
APN: 32503-400-348
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 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.
- 8724 Lime Dr
- 8728 Lime Dr
- 8736 Lime Dr
- 8675 Mermaid Ct
- 8980 Coral Reef Way
- 8794 Coral Reef Way
- 8780 Cheeseburger Dr
- 8799 Coral Reef Way
- 8670 Tropics Ave
- 8680 Tropics Ave
- 8627 Shell Sink Dr
- 8912 Parrot Place
- 8674 Tropics Ave
- 9358 Cool Breeze Dr
- 8613 Shell Sink Dr
- 8660 Weekend Dr
- 8661 Tropics Ave
- 8737 Coral Reef Way
- 8725 Coral Reef Way
- 8654 Coral Reef Way
- 8666 Shell Sink Dr
- 8656 Weekend Dr
- 8645 Weekend Dr
- 9337 Cool Breeze Dr
- 8634 Sand Dollar Dr
- 9235 Paradise Dr
- 8501 Dreams Float Ct
- 8734 Sand Dollar Dr
- 9037 Parrot Place
- 9431 Paradise Dr
- 8694 Conch Shell Ct
- 8570 Island Breeze Ave
- 8529 Lost Shaker Way
- 8913 Gypsy Palace Ct
- 8917 Gypsy Palace Ct
- 8255 Landshark Blvd
- 8515 Hammock Ln
- 959 Camp Fire Cir
- 263 Breakwater Blvd
- 459 Melrose Way