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$689,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • Updated 7 hours ago
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Escape to privacy, luxury, and resort-style living in this highly upgraded Breeze Bay home located in the desirable Phase 4 of Latitude Margaritaville Watersound. Situated on a rare oversized homesite with no neighbor to the left and serene preserve views, this property offers exceptional privacy and a peaceful natural backdrop that sets it apart. Inside, coastal elegance meets modern sophistication with thoughtfully selected upgrades throughout. The chef-inspired kitchen features Montgomery Quartz countertops, a gas cooktop, and premium finishes that blend style and function. Luxury vinyl plank flooring flows through the main living areas, complemented by tile flooring in all bathrooms for durability and ease of maintenance. Expansive sliding glass doors open to a fully extended, paved lanai-perfect for relaxing or entertaining while enjoying tranquil preserve views. This home also offers convenient access to the vibrant Town Center and upcoming retail complex, just a short golf cart ride away. Residents enjoy an unmatched 55+ resort lifestyle with world-class amenities including the Latitude Town Square Bandshell, Bar & Chill Restaurant, Paradise Pool with cabanas and tiki huts, Fins Up! Fitness Center, Last Mango Theater, tennis and pickleball courts, dog park and spa, kayak launch, walking trails, and daily live entertainment and social events. Impeccably maintained, extensively upgraded, and offering rare privacy, this exceptional home is priced to sell. Motivated seller-bring your offer and start living the Margaritaville lifestyle today.

Full Property Details for 8891 Coral Reef Wy

General

  • Price: $689,000
  • Taxes: $5,885 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 785284
  • Updated: Today (2/14/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 2
  • Appliances: Gas Range, Gas Water Heater
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Gated, Gazebo, Barbecue, Picnic Area, Spa/Hot Tub
  • Pool: Yes
  • Pool Description: Community
  • Spa Description: Community
  • Tennis: Yes
  • Security/Safety: Security Gate

Exterior

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

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Bay
  • Subdivision: Latitude at Watersound
  • Driving Directions: From Highway 79, then turn east on West Bay Parkway. Turn left at 2nd gate on coral Reef Way

School Information

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

Community

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

Utilities

  • Sewer: Public Sewer
  • Utility Description: Cable Connected

Structural Information

  • Architectural Style: Coastal
  • Sq. Ft. Source: Appraiser
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Lot Size: .15
  • Lot Dimensions: 50 x 131

Financial Considerations

  • Tax Amount: $5,885
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4B LOT 4456
  • Property ID: 32503-400-278
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 8891 Coral Reef Wy —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 8891 Coral Reef Wy

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-52.3 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.8 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-128.5 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 8891 Coral Reef Wy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/14/2026
Listed
$689,000
18.3%
MLS
12/12/2023
Sold
$582,400
—
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 8891 Coral Reef Wy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,845
3%
$511,993
3%
2024
$5,700
24683%
$497,564
27030%
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.

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Listed by Sheryl Lewis

8891 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 785284) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 8891 Coral Reef Way is currently listed for $689,000 and was received on February 15, 2026. This property is listed by Michael Tomlin from our Destin / 30A Office.Want to learn more about 8891 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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