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$745,000
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Property Description
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
Full Property Details for 8725 Coral Reef Wy
General
- Sold For: $745,000
- Taxes: $6,820 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 780531
- Added to Site: 185 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, Rain Gutters
- 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
- Adult Community: 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
- Roof: Shingle
- 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
Water Features
- Water Front: Yes
- Water Front Desc.: Other
- Water Front View: Other
Financial Considerations
- Tax Amount: $6,820
- Tax Year: 2025
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
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Schools
Schools serving 8725 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 | 2 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.5 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 8.2 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 8725 Coral Reef Wy
Date
Details
Price
Change
Source
4/10/2026
Sold
$745,000
-3.12%
MLS
3/06/2026
Price Reduced
$769,000
-2.04%
MLS
11/10/2025
Price Reduced
$785,000
-1.75%
MLS
10/17/2025
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8725 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 780531) is a Single Family property that was sold at $745,000 on April 10, 2026. This property was sold by Sheryl Lewis from our Panama City Beach - Thomas Dr. Office.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.


