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$680,000
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Property Description
Motivated seller!! Welcome to your ouwn slice of paradise in Latitude Margaritaville Watersound! Built in 2023, this stunning Breeze Bay plan offers 3 bedrooms, 3 full bathrooms, and the perfect blend of luxury, comfort, and resort-style living. Ideally situated on one of the most beautiful views pond and preserve looking out provides . This provides such a peaceful view your from screended in lanai, creating the perfect space to enjoy your morning coffee, entertain friends, or unwind while taking in Florida's beautiful sunsets. Inside, you'll find a spacious, open-concept design that seamlessly connects the living, dining, and kitchen areas, making everday and entertaining effortless. The floorplan offers generous bedrooms, well appointed bathrooms, and flexible living spaces that accomodate guests while maintaing privacy and comfort. Life at Latitude Margaritaville Watersound is about so much more than the home- it's about embracing and incredible lifestyle. Residents enjoy world-class ammenities, including a spectacular Town Square, resort style pool, state-of the-art fitness center, pickleball and tennis courts, walking and biking trails, dog park, Latitude Bar& Chill restaurant, live entertainment, social clubs, and an endless calendar of activities designed for active adults. Conveniently located near the white-sand beaches of the Emerald Coast, scenic Highway 30A, shopping, dining, entertainment, and Northwest Florida Beaches International Airport, you'll enjoy access to everything that makes the Pana!ma City Beach area such a desireable place to call home. Whether you're searching for a full-time residence or the ultimate Florida retreat, this exceptional home views, and the award-winning Latitude Margaritaville lifestyle. Come see why every day truly feels like a vacation
Full Property Details
Full Property Details for 8827 Coral Reef Wy
General
- Price: $680,000
- HOA FEE: $353/month
- Taxes: $6,175 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 793741
- Updated: 10/1/2026
- Added to Site: 63 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Main Level Primary, Shower Only, Walk-In Closet(s)
- Appliances: Electric Cooktop, Electric Oven, Electric Range
- Flooring: Plank, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Gated, Gazebo, Barbecue, Picnic Area
- Pool: Yes
- Pool Description: Community
- Tennis: Yes
- Security/Safety: Gated Community, Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Covered, Patio, Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Garage Door Opener, Gated
Location
- County: Bay
- Subdivision: Latitude at Watersound
- Driving Directions: From 79 Hwy turn onto Margaritaville Blvd. Continue straight turn left onto Coral Reef Way 8827 will be on your right.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 04 - Bay County - North
- Association: Yes
- Assoc. Fees Include: Clubhouse, Fitness Facility, Maintenance Grounds, Pool(s), Recreation Facilities, Tennis Courts
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
Structural Information
- Construction: HardiPlank Type
- Roof: Shingle
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 2023
Lot Features
- Property View: Water
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,534
- Lot Size: .16
- Lot Dimensions: 49.0 ft x 131.0 ft
- Lot Features: Paved
- Zoning: Resid Single Family
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $353
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,175.77
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4B LOT 4472 ORB 4746 P 99
- Property ID: 32503-400-310
Listed by LPT Realty LLC
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Schools
Schools serving 8827 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 | 7.7 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 8827 Coral Reef Wy
Date
Details
Price
Change
Source
10/01/2026
Price Reduced
$680,000
-1.45%
MLS
9/27/2026
Price Reduced
$690,000
-0.72%
MLS
8/07/2026
Listed
$695,000
22.75%
MLS
11/02/2023
Sold
$566,200
—
Public Record
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
Tax History for 8827 Coral Reef Wy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,950
—
$495,865
4%
2024
$5,950
25770%
$478,583
25995%
2023
$23
—
$1,834
—
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
Estimate the Cost for 8827 Coral Reef Wy
8827 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 793741) is a Single Family property with 3 bedrooms and 3 full bathrooms. 8827 Coral Reef Way is currently listed for $680,000 and was received on August 07, 2026. Want to learn more about 8827 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.

