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$785,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • Updated 12 days ago
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Welcome to your slice of paradise in Latitude Margaritaville Panama City Beach! This stunning Luxury Home perfectly blends relaxed coastal living with upscale comfort. All the necessities are wrapped into this Parrot Model. Step inside to find an oversized foyer that opens into a bright, open-concept living area featuring tile flooring throughout, beamed cathedral ceilings, and a seamless flow that's ideal for entertaining or quiet evenings at home. The gourmet kitchen boasts a large center island, stainless steel appliances, and a gas range that's sure to delight the home chef. The spacious master suite offers tray ceilings, his and her closets, and a luxurious en-suite bath with a large walk-in tiled shower, double vanity, and soaking tub. The home also includes a dedicated office and bonus room, giving you plenty of flexible space for guests, hobbies, or relaxation. Step outside to your own backyard oasis featuring a heated pool and jetted hot tub, all overlooking peaceful waterfront views. Whether you're hosting friends or enjoying a quiet sunset, this space is pure bliss. Ideally located near the main clubhouse and resort-style amenities, and just a short distance from the upcoming marina, this home offers the perfect mix of luxury, convenience, and coastal charm. Your Margaritaville lifestyle awaits-schedule your private showing today!

Full Property Details for 8725 Coral Reef Wy

General

  • Price: $785,000
  • Taxes: $6,883 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 780531
  • Updated: 1/6/2026
  • Added to Site: 93 day(s) ago

Interior

  • Number of Rooms: 12
  • Interior Features: Entrance Foyer
  • Appliances: Gas Cooktop, Gas Water Heater, Ice Maker, Tankless Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Business Center, Gated, Picnic Area
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Gas Heat, In Ground, Community, Private
  • Spa Description: Community
  • Tennis: Yes
  • Security/Safety: Gated Community, Security Gate, Security Service

Exterior

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

Parking

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

Location

  • County: Bay
  • Subdivision: Latitude at Watersound
  • Driving Directions: From the intersection of Hwy 79 and West Bay Parkway, take West Bay Parkway West to Margaritaville Blvd on Left. Take Margaritaville Blvd. to Coral Reef Way on Right. Take Coral Reef Way to Home on Left.

School Information

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

Community

  • Community Name: 04 - Bay County - North
  • Association: Yes

Heating & Cooling

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

Utilities

  • Utility Description: Electricity Available, High Speed Internet Available, Sewer Available

Structural Information

  • Architectural Style: Florida
  • Construction: HardiPlank Type, Wood Frame
  • Windows: Storm Window(s)
  • Sq. Ft. Source: Appraiser
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,538
  • Lot Size: .2
  • Lot Dimensions: 58 x 131 x 68 x 131
  • Lot Features: Paved
  • Zoning: Resid Single Family

Financial Considerations

  • Tax Amount: $6,883
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4075 ORB 4719 P 1621
  • Property ID: 32503-350-150

Listed by Performance Realty

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Listing agents

— 8725 Coral Reef Wy —

  • Performance Realty

  • Performance Realty

Get Pre-Approved Today

Be ready to buy your new home!

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 8725 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8725 Coral Reef Wy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/10/2025
Price Reduced
$785,000
-1.75%
MLS
10/17/2025
Listed
$799,000
13%
MLS
8/11/2023
Sold
$707,100
—
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 8725 Coral Reef Wy

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,882
1716%
$593,342
1863%
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.

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8725 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 780531) is a Single Family property with 2 bedrooms and 2 full bathrooms. 8725 Coral Reef Way is currently listed for $785,000 and was received on October 17, 2025. Want to learn more about 8725 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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