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$785,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • Updated 3 days ago
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Under contract; Welcoming Acceptable Backup Offers Perfectly positioned on a $90K premium west-facing water view lot, this Cabana Bay model captures sweeping sunsets over a tranquil pond and preserve. Thoughtfully designed with three bedrooms, two-and-a-half baths, a dedicated custom office, and an extended, enclosed lanai, this home is enhanced by $180K in carefully curated upgrades. It appraised for $877K in October 2024. Surfboards, Televisions, Washer & Dryer, and Ceiling Fixture in Office do not convey. The kitchen showcases top-tier appliances, a decorative range hood, pull-out drawers, and a walk-in pantry. A vaulted beamed ceiling, built-in gas fireplace, designer grasscloth wallpaper, and custom woven blinds infuse the space with refined coastal charm. The primary suite is a serene retreat featuring a spa-inspired shower with frameless glass, custom cabinetry, and discreetly integrated safety rails. Additional highlights include a whole-home generator, tankless water heater, lighted medicine cabinets, upgraded bamboo shelving, epoxy-coated garage floor, and front yard landscape uplighting. In the gated ''55 and Better'' Latitude Margaritaville Watersound, residents enjoy a resort-style pool, state-of-the-art fitness center, pickle ball courts, theater, on-site restaurant, dog park, amphitheater, live daily music and much more. Miles of walking and golf cart trails connect the community's phases and Town Center. Northwest Florida Beaches International Airport, Pier Park entertainment district, a planned public marina, FSU Health Hospital, and a planned lifestyle shopping center offer close proximity to modern conveniences.

Full Property Details for 8799 Coral Reef Wy

General

  • Sold For: $785,000
  • Taxes: $6,853 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 777668
  • Added to Site: 280 day(s) ago

Interior

  • Number of Rooms: 3
  • Appliances: ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, 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
  • Pool Description: Community

Exterior

  • Exterior Features: Patio
  • Porch/Patio/Deck: Enclosed, Patio

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Bay
  • Subdivision: Latitude at Watersound
  • Driving Directions: Hwy 79 to Latitude Margaritaville Watersound entrance (West Bay Pkwy). Take 2nd Left onto Coral Reef Way, continue on Coral Reef Way to 8799 Coral Reef Way on your right

School Information

  • Elementary School: West Bay
  • Middle School: Breakfast Point
  • 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
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available, Underground Utilities

Structural Information

  • Architectural Style: Coastal
  • Construction: HardiPlank Type
  • Stories/Levels: 1
  • Sq. Ft. Source: Appraiser
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,187
  • Lot Size: .17
  • Lot Dimensions: 53 x 137
  • Lot Features: Sprinkler System, Paved

Water Features

  • Water Front: Yes
  • Water Front Desc.: Other
  • Water Front View: Other

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Tax Amount: $6,853
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4130
  • Property ID: 32503-350-260

Listed by Compass Florida, LLC
Sold by Non-Member Office

Listing agent

— 8799 Coral Reef Wy —

  • Compass Florida, LLC

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 8799 Coral Reef Wy

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-52.2 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.6 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-128.4 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 8799 Coral Reef Wy

Date
Details
Price
Change
Source
5/18/2026
Sold
$785,000
-1.75%
MLS
8/01/2025
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.

Listed by Compass Florida, LLC
Sold by Non-Member Office

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8799 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 777668) is a Single Family property that was sold at $785,000 on May 18, 2026. Want to learn more about 8799 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.