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$620,000
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Property Description
MOTIVATED SELLER -- One-Year Home Warranty Included AND $5,500 LENDER CREDIT offered! Experience privacy, luxury, and resort-style living in this highly upgraded Breeze Bay home located in Phase 4 of Latitude Margaritaville Watersound. Situated on a rare oversized homesite with no neighbor to the left and peaceful preserve views, this property offers exceptional privacy and a tranquil natural setting. 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 combine both style and functionality. Luxury vinyl plank flooring runs through the main living areas, while tile flooring in all bathrooms provides durability and easy maintenance. Expansive sliding glass doors lead to a fully extended paved lanai--perfect for relaxing or entertaining while enjoying the serene preserve backdrop. Conveniently located just a short golf cart ride from the vibrant Town Center and upcoming retail complex, this home provides easy access to everything Latitude Margaritaville has to offer. Residents enjoy an exceptional 55+ resort lifestyle with 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, plus daily live entertainment and social events. Impeccably maintained, extensively upgraded, and offering rare privacy, this home presents an outstanding opportunity in Latitude Margaritaville Watersound. Priced to sell--bring your offer and start living the Margaritaville lifestyle today. 🏝️🌴
Full Property Details
Full Property Details for 8891 Coral Reef Wy
General
- Sold For: $620,000
- Taxes: $5,885 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 785284
- Added to Site: 151 day(s) ago
Interior
- Number of Rooms: 2
- Interior Features: Double Vanity, Main Level Primary, Sitting Area in Primary, Walk-In Closet(s), Home Theater
- Appliances: Gas Range, Gas Water Heater
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
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Schools
Schools serving 8891 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 | 2.3 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 8.5 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 8891 Coral Reef Wy
Date
Details
Price
Change
Source
6/17/2026
Sold
$620,000
-4.47%
MLS
4/25/2026
Price Reduced
$649,000
-1.52%
MLS
3/12/2026
Price Reduced
$659,000
-4.35%
MLS
2/14/2026
Listed
$689,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8891 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 785284) is a Single Family property that was sold at $620,000 on June 17, 2026. This property was 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.


