8948 Coral Reef Way Panama City Beach, FL 32413
Latitude Margaritaville NeighborhoodEstimated payment $2,922/month
Total Views
5,217
2
Beds
2
Baths
1,315
Sq Ft
$316
Price per Sq Ft
Highlights
- Waterfront Community
- Golf Course Community
- Gated Community
- Boat Dock
- Senior Community
- Florida Architecture
About This Home
Step into your own Coastal Retreat on a premium outside, oversized lot in phase 4! This beautiful Florida Cottage is nestled in sought after Latitude Margaritaville Watersound a 55+ Active Adult community perched along the Intracoastal Waterway, offering residents an unparalleled lifestyle. This CAMELLIA Cottage floorplan is nicely upgraded with and just 7 miles from the pristine white sands of Panama City BEACH! Phase 4 cottages are a quick golfcart or bike ride to the amenities and trails. Enter the covered screened porch with epoxy floor coating. A wonderful spot for relaxing and viewing the spectacular sunsets! The spacious family room has a vaulted ceiling, open to a large cooks kitchen, with a large island, 42'' cabinets with custom pull-outs/soft close cabinets & pantry, quartz countertops and tile backsplash. Separate spacious dining room, wonderful for entertaining and more! Master bedroom with a a large walk-in closet, master bath boast a tiled shower & floor and double vanities with undermount sinks and quartz countertops. 2nd bedroom is light and bright and adjacent to the 2nd bath with tile floors, tile bath walls and quartz countertops. Upgraded, Laminate Revwood by Mohawk floors throughout, tile floors baths and laundry. Blinds and curtains throughout the home. All custom light fixtures and fans. No detail was spared! Garage floor with epoxy coating. Home comes out-fitted with a refrigerator and washer/dryer. The amenities at Latitude Margaritaville Watersound offer a 2 story full service restaurant, resort style outdoor pool both overlooking the Intracoastal Waterway, A state of the art fitness center with an indoor lap pool and spa, fitness classes, water aerobics and more. Pickleball and tennis courts, a bandshell with a dance floor and music every Friday and Saturday night / activities year round. Kayak launch, game lawn with bocce ball, cornhole and ping pong. A theater, pet grooming, workshop and ceramics shop is currently being built. A future public marina and commercial area are planned with grocery store, shopping and dining. This home has a builders Master Care 2 year Warranty until Dec. 2025 and a Builders 2/10 year structural warranty from the original build/close date. All lawn care is maintained by the HOA, exterior paint and roof replacement on a maintenance schedule are done by the HOA. Easy, carefree living! This home sits on a premium lot with no cottage or home directly in front of it. Also has a little peek of the pond across the street and of course the daily sunsets! Must see this gorgeous home and community! The carefree lifestyle of Latitude Margaritaville Watersound awaits you!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,554
Year Built
- Built in 2023
Lot Details
- Lot Dimensions are 42x110
- Landscaped
- Sprinkler System
HOA Fees
- $322 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Additional Parking
Home Design
- Florida Architecture
- Property Attached
- Slab Foundation
- Steel Frame
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 1,315 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Family Room
- Dining Room
- Screened Porch
- Washer
Kitchen
- Electric Range
- <<microwave>>
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
- Smart Thermostat
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Firewall
Outdoor Features
- Screened Patio
- Rain Gutters
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
- High Speed Internet
Community Details
Overview
- Senior Community
- Association fees include management, legal/accounting, ground maintenance, pool(s), recreation facilities, sprinkler
- First Service Resid Association
- Latitude At Watersound Subdivision
Amenities
- Business Center
Recreation
- Boat Dock
- Waterfront Community
- Golf Course Community
- Tennis Courts
- Community Basketball Court
- Community Pool
Security
- Security Service
- Gated Community
Map
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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 | -- | $323,799 | $40,000 | $283,799 |
| 2023 | -- | $1,834 | $1,834 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Price Changed | $415,900 | -3.1% | $316 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $429,000 | -- | $326 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Similar Homes in the area
Source: Central Panhandle Association of REALTORS®
MLS Number: 773816
APN: 32503-400-172
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