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$560,000
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Property Description
Here is your GOLDEN opportunity to purchase close-in phase 2 on a pond with incredible sunset views! Discover this gorgeous Parrot/Beach Collection home on a premium, pond lot in beautiful Latitude Margaritaville Watersound, a premier 55+ & better Community nestled along the Intracoastal Waterway just 7 miles from the Gulf of Mexico. Step in to an inviting open-concept living space, with an abundance of natural light and incredible sunset, pond views from the extended lanai. The kitchen overlooks the main living area and boasts quartz countertops and backsplash, beautiful crisp white cabinets with pull-out shelves, soft-close, crown molding on cabinets and upgraded/custom light fixtures, large island, and a stainless steel appliance package. Wonderful breakfast nook area with lots of windows. Formal dining room, perfect for dinner parties and holiday gatherings. Laminate flooring and custom interior designer paint throughout the home. A separate den/office with French doors. The owners suite offers a tranquil retreat with walk-in closets and an ensuite with dual vanity sinks, quartz countertops, and a over-sized, custom tile shower. Spacious guest bedroom, a full bathroom with a tub-shower combo, tile flooring, and wall tile. Two-car garage featuring epoxy coated floors, pull-down attic stairs with attic storage and plenty of room for 2 cars and additional storage. Plumbed for soft water loop/hookup. Extended, screened lanai with epoxy floors overlooking a peaceful pond, perfect for morning coffee, sunset cocktails or just an afternoon nap. This lot is absolutely perfect! Latitude Margaritaville Watersound offers world class amenities at the Town Square boasting a Bandshell, trex outdoor dance-floor, Barkaritaville Dog Park, and the Bar & Chill 2 story restaurant offering picturesque views of the Intracoastal Waterway. Additionally, indulge in the Resort-Style Paradise Pool, State of the Art Fitness Center with lap pool & spa, fitness classes, etc. Golfcart paths and walking trails are abundant throughout the community. The amenities include Tennis, Pickleball, basketball, bocce ball, cornhole, putting green, ping-pong, kayak launch, dog park, pet grooming center, woodworking shop, ceramic studio, theater & much more. A future Marina, grocery and commercial shopping/dining area just adjacent to the community. Health Care Campus within 5 miles to include medical offices, urgent care, outpatient surgical center and a future100 bed hospital. Phase 2 is within walking distance or short golfcart ride to all the amenities. This home includes a 10 Structural Warranty from the original close date. Come experience the Lifestyle Latitude Margaritaville Watersound has to offer!
Full Property Details
Full Property Details for 8458 Coral Reef Wy
General
- Sold For: $560,000
- Taxes: $4,011 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 776528
- Added to Site: 155 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Smart Thermostat
- Appliances: Electric Range, Gas Water Heater, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Business Center, Gated, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Carbon Monoxide Detector(s), Gated Community, Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Garage Door Opener, Gated
Location
- County: Bay
- Subdivision: Latitude at Watersound
- Driving Directions: Hwy 79 N. to left on West Bay Parkway, left at first gated entrance, follow to left on Coral Reef Way, home on left.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 04 - Bay County - North
- Association: Yes
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Heat Pump
- Heating Type: Central, Electric, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available, High Speed Internet Available, Underground Utilities
Structural Information
- Architectural Style: Ranch
- Construction: HardiPlank Type, Wood Frame
- Windows: Double Pane Windows
- Stories/Levels: 1
- Sq. Ft. Source: Plans
- Year Built: 2022
Lot Features
- Property View: Other
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: .15
- Lot Dimensions: 50 x 131
- Lot Features: Sprinkler System, Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $4,011
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 2 LOT 121 ORB 4542 P 1595
- Property ID: 32503-200-242
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Schools
Schools serving 8458 Coral Reef Wy
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 1.9 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8458 Coral Reef Wy
Date
Details
Price
Change
Source
9/19/2025
Sold
$560,000
-2.61%
MLS
7/20/2025
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8458 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 776528) is a Single Family property that was sold at $560,000 on September 19, 2025. This property was listed by Sheryl Lewis from our Panama City Beach - Thomas Dr. Office.Want to learn more about 8458 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.


