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$475,000 Just Listed

  • For Sale
  • Active
  • Condo / Townhouse
  • 2 Beds
  • 2 Full Baths
  • Updated 5 days ago
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This isn't just a home--it's your opportunity to enjoy the ultimate resort lifestyle at Latitude Margaritaville Watersound, one of Florida's premier 55+ active adult communities. Located just 10 miles south of Panama City Beach, you'll be minutes from the Gulf Coast's sugar-white sand beaches and emerald-green waters, with more than 150 public beach access points nearby. Enjoy low HOA fees and an incredible collection of resort-style amenities designed for recreation, relaxation, and social living. The vibrant Town Square features FINtastic dining, live entertainment, clubs, events, fitness facilities, pools, pickleball, and more--all conveniently accessible by golf cart. Ideally situated just off the Scenic Highway 30A corridor, this community offers easy access to approximately 20 miles of some of the world's most beautiful coastline, along with shopping, dining, golf, fishing, and outdoor recreation. Whether you're looking for a full-time residence or the perfect place to enjoy your next chapter, Latitude Margaritaville Watersound offers the ''License to Chill'' lifestyle you've been dreaming of. A future marina is also planned, adding even more to this exceptional coastal community. This Dreamsicle cottage has a distinct Tropical Vibe and boasts many upgrades and all-new appliances.

Full Property Details for 8688 Coral Reef Wy

General

  • Price: $475,000
  • Taxes: (2025)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Bay_County
  • MLS ID: 792233
  • Updated: 7/5/2026
  • Added to Site: 5 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Main Level Primary, Shower Only, Walk-In Closet(s), Home Theater
  • Appliances: Electric Cooktop, Electric Oven, Gas Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Business Center, Gated, Gazebo, Picnic Area, Spa/Hot Tub
  • Pool: Yes
  • Pool Description: Community
  • Spa Description: Community
  • Tennis: Yes
  • Security/Safety: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)

Exterior

  • Porch/Patio/Deck: Covered, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Paved

Location

  • County: Bay
  • Subdivision: Latitude at Watersound
  • Driving Directions: From Hwy 98 go north on Hwy 79 west about 11 miles and you will see Latitude sign on the left. There's a traffic light. You will also see the ''new'' Publix under construction!

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)
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer, Sewer Tap Paid
  • Utility Description: Electricity Available

Structural Information

  • Architectural Style: Coastal
  • Construction: HardiPlank Type, Vinyl Siding
  • Roof: Composition, Shingle
  • Windows: Double Pane Windows
  • Stories/Levels: 1
  • Sq. Ft. Source: Appraiser
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920
  • Lot Size: .09
  • Lot Dimensions: 35.0 ft x 110.0 ft
  • Lot Features: Sprinkler System
  • Zoning: Resid Multi-Family

Financial Considerations

  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4253 ORB 4692 P 1100
  • Property ID: 32503-350-506

Listed by Pat T. Fisher Broker

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Listing agent

— 8688 Coral Reef Wy —

  • Pat T. Fisher Broker

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8688 Coral Reef Wy

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-52 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.5 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-128.2 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 8688 Coral Reef Wy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/05/2026
Listed
$475,000
4.3%
MLS
4/17/2025
Sold
$455,400
—
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 8688 Coral Reef Wy

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,717
—
$263,467
3%
2024
$2,717
617%
$256,042
747%
2023
$379
1705%
$30,231
1561%
2022
$21
—
$1,820
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 8688 Coral Reef Wy

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Pat T. Fisher Broker

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8688 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 792233) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 8688 Coral Reef Way is currently listed for $475,000 and was received on July 06, 2026. Want to learn more about 8688 Coral Reef Way? Do you have questions about finding other Condo / Townhouse 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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