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$725,000
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS INCREDIBLE POOL HOME, CLOSE TO ALL THE AMENITIES. CLOSE-IN PHASE 4. Latitude Margaritaville Watersound, a 55+ Active Adult Coastal Community. Welcome to paradise in the highly sought-after Seashell Beach Collection (formerly The Hammock) a beautifully appointed pool home offering 3 bedrooms, a den with French doors, and 2.5 baths. Step inside this open-concept coastal retreat where the gorgeous chef's kitchen boasts a gas cooktop, quartz countertops and backsplash, upgraded 42'' cabinetry, and a walk-in pantry with custom shelving. The kitchen flows seamlessly into the great room, featuring a vaulted ceiling, custom built-in bookcase with electric fireplace, and an entire wall of sliding glass doors that open to your private outdoor oasis, complete with a freeform saltwater pool and paver lanai. The primary ensuite is a serene retreat with a bay window overlooking the pool, and a spa-inspired bath featuring an oversized tiled shower with frameless glass enclosure and dual vanities with quartz countertops. Bedrooms two and three share a beautifully upgraded full bath, while the den/office includes convenient access to a half bath. Additional highlights include: 8' interior doors throughout Plantation shutters, blinds, and shades, Crown molding and designer lighting Recessed lighting and ceiling fans in every room, Laminate Revwood by Mohawk flooring throughout, tile in baths and laundry Laundry room with cabinets and a Utility sink in garage. Lush landscaping surrounding this private backyard retreat Enjoy the Latitude Margaritaville Watersound lifestyle, where every day feels like a vacation, surrounded by resort-style amenities, pools, tiki huts, and friendly neighbors who love where they live. This home has a 10 year structural warranty from the original buyers close date and pool warranty. Living in Latitude Margaritaville Watersound means embracing a true resort-style, active adult 55+ community, coastal lifestyle designed for fun and relaxation. At the heart of it all is the Town Square where live entertainment fills the air on a daily basis and every Fri/Sat. night! The Resort-style pools, perfect for lounging in the Florida sunshine or enjoying a swim with friends. State-of-the-art fitness center & group classes - including yoga, spin classes and lap pool and spa, water aerobics to name a few. Walking, biking, and golf cart trails that wind through the community with easy access to all amenities and a underpasses for safe and convenient access throughout the neighborhood. Sports courts - including pickleball, tennis, and bocce, basketball encouraging friendly competition and active living. Kayak launch for adventure seekers, Last Mango Theater for shows and events, ceramics and wood working shops, pet grooming and a dedicated dog park. Beyond the amenities, Latitude Margaritaville Watersound offers a low-maintenance lifestyle--with lawn care included in HOA dues, giving residents more time to enjoy the beach, boating, or exploring nearby Panama City Beach and 30A. Whether it's a sunset golf cart ride, cocktails by the pool, or mingling with neighbors at one of the many social groups, this is a place where every day feels like a vacation. From mornings spent on the lanai overlooking the preserve to afternoons by your private pool and evenings gathering with neighbors, every detail of this property invites you to live life like it's always vacation. This home captures the very essence of coastal living at its finest.
Full Property Details
Full Property Details for 8794 Coral Reef Wy
General
- Sold For: $725,000
- Taxes: $7,042 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 780389
- Added to Site: 216 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Smart Thermostat, Home Theater
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Gas Cooktop, Gas Water Heater, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Business Center, Gated, Spa/Hot Tub
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Gas Heat, In Ground, Screen Enclosure, Salt Water, Community, Private
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Carbon Monoxide Detector(s), Gated Community, Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Porch, Rain Gutters
- Porch/Patio/Deck: Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Gated
Location
- County: Bay
- Subdivision: Latitude at Watersound
- Driving Directions: Hwy 98 to North on Hwy 79, left on West Bay Parkway to 2nd gated entrance, left on Coral Reef Way, follow around 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), Heat Pump
- Heating Type: Central, Electric, Forced Air, Fireplace(s), Heat Pump
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, High Speed Internet Available, Underground Utilities
Structural Information
- Architectural Style: Ranch
- Construction: Aluminum Siding, HardiPlank Type, Vinyl Siding
- Windows: Double Pane Windows
- Stories/Levels: 1
- Sq. Ft. Source: Plans
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,668
- Lot Size: .2
- Lot Dimensions: 67 x 137
- Lot Features: Sprinkler System, Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $7,042
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4137 ORB 4727 P 1922
- Property ID: 32503-350-274
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Schools
Schools serving 8794 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 | 2.2 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 8.4 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 8794 Coral Reef Wy
Date
Details
Price
Change
Source
4/13/2026
Sold
$725,000
-1.48%
MLS
2/06/2026
Price Reduced
$735,900
-2.77%
MLS
11/24/2025
Price Reduced
$756,900
-2.07%
MLS
10/14/2025
Listed
$772,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8794 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 780389) is a Single Family property that was sold at $725,000 on April 13, 2026. This property was listed by Sheryl Lewis from our Panama City Beach - Thomas Dr. Office.Want to learn more about 8794 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.


