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$620,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • Updated 7 days ago
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Privacy, water views and an especially convenient location come together in this popular Parrot floor plan in Phase 2 of Latitude Margaritaville Watersound. Set on a premium homesite, the property overlooks a wide grassy backyard, peaceful pond and wooded preserve beyond, creating a private backdrop with no homes directly behind you. The screened lanai makes the most of the setting, with plenty of room to relax, dine outdoors and enjoy the view. Inside, the home features two bedrooms plus a versatile den that can easily function as a third bedroom, office or additional living space. Luxury vinyl plank flooring runs throughout the home, complemented by quartz countertops, soft-close cabinetry, a custom tile backsplash and upgraded lighting and finishes. The kitchen is also equipped with a gas connection for those who prefer a gas range. The spacious primary suite is positioned to take advantage of the view, with an expansive bay window and sitting area overlooking the water. Dual closets provide generous storage, while the primary bath features a large vanity, oversized shower, upgraded tile and upgraded countertops. The large laundry room adds useful workspace and storage, with granite countertops and a Speed Queen washer and dryer set. A full two-car garage and private driveway add to the home's everyday functionality. Its location near the neighborhood entrance also makes getting in and out of the community especially convenient, while the Publix and additional retail planned nearby will put groceries, shopping and everyday essentials just minutes from home. With its waterfront and preserve views, flexible floor plan, thoughtful upgrades and easy-access location, this home offers a particularly appealing combination of privacy and convenience within Latitude Margaritaville Watersound. Latitude Margaritaville Watersound offers an active 55+ lifestyle centered around an impressive collection of amenities, including the Latitude Town Square with live entertainment, resort-style Paradise Pool, fitness center, pickleball and tennis courts, Barkaritaville dog park, walking and biking trails, and on-site dining. With a full calendar of activities, clubs and events, the community makes it easy to be as social, active or relaxed as you choose, all within a short drive of the beaches, dining and recreation of Panama City Beach and the surrounding area.

Full Property Details for 8439 Coral Reef Wy

General

  • Price: $620,000
  • HOA FEE: $324/month
  • Taxes: $4,735 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 794258
  • Updated: 8/18/2026
  • Added to Site: 8 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Double Vanity, Main Level Primary, Smart Thermostat, Walk-In Closet(s), Home Theater
  • Appliances: ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, Ice Maker, Tankless Water Heater, Wine Cooler

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Dock, Gated, Gazebo
  • Pool: Yes
  • Pool Description: Community
  • Tennis: Yes
  • Security/Safety: Gated Community, Security Gate, Smoke Detector(s)

Exterior

  • Exterior Features: Porch, Rain Gutters
  • Porch/Patio/Deck: Covered, Patio, Porch, Screened

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Gated

Location

  • County: Bay
  • Subdivision: Latitude at Watersound
  • Driving Directions: From the intersection of US Hwy 98 and Hwy 79, head north on Hwy 79. Turn left onto Latitude Boulevard, then right onto Margaritaville Boulevard and proceed through the gate. Take the second right onto Coral Reef Way. 8439 Coral Reef Way will be on the right at the curve.

School Information

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

Community

  • Community Name: 04 - Bay County - North
  • Association: Yes
  • Assoc. Fees Include: Association Management, Clubhouse, Fitness Facility, Fishing Rights, Legal/Accounting, Maintenance Grounds, Pool(s), Recreation Facilities
  • Adult Community: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available, Natural Gas Available, High Speed Internet Available

Structural Information

  • Architectural Style: Florida
  • Construction: HardiPlank Type, Wood Frame
  • Roof: Composition, Shingle
  • Stories/Levels: 1
  • Sq. Ft. Source: Appraiser
  • Year Built: 2022

Lot Features

  • Property View: Lake, Water
  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,970
  • Lot Size: .16
  • Lot Dimensions: 47.0 ft x 131.0 ft x 65.95 ft
  • Frontage: Private Road
  • Lot Features: Sprinkler System, Paved
  • Land Lease Avail: Yes
  • Zoning: Resid Single Family

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake, Lake Front
  • Water Front View: Lake, Lake Front
  • Lake Front: Yes
  • Boat Dock Slip: Yes

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Association Fee: $324
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,735.19
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 2 LOT 142 ORB 4557 P 1215
  • Property ID: 32503-200-284

Listed by The Premier Property Group

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Listing agent

— 8439 Coral Reef Wy —

  • The Premier Property Group

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 8439 Coral Reef Wy

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-51.9 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.4 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-128 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8439 Coral Reef Wy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/18/2026
Listed
$620,000
46.64%
MLS
4/29/2022
Sold
$422,800
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8439 Coral Reef Wy

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,558
—
$379,444
4%
2024
$4,558
-1%
$365,846
1%
2023
$4,585
65400%
$362,956
61210%
2021
$7
-98%
$592
-98%
2022
$312
—
$27,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by The Premier Property Group

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8439 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 794258) is a Single Family property with 2 bedrooms and 2 full bathrooms. 8439 Coral Reef Way is currently listed for $620,000 and was received on August 18, 2026. Want to learn more about 8439 Coral Reef Way? Do you have questions about finding other Single Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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