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$689,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,170 Sq. Ft.
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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 lanaiperfect 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 sellerbring your offer and start living the Margaritaville lifestyle today.

Full Property Details for 8891 Coral Reef Wy

General

  • Price: $689,000
  • Taxes: $5,884 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 995392
  • Updated: 2/15/2026
  • Added to Site: 49 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Den, Great Room
  • Interior Features: Ceiling Cathedral, Floor Tile, Floor Vinyl, Kitchen Island
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Oven Gas

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Great Room: Great Room
  • Den: Yes

Additional Information

  • Shared Amenities: BBQ Pit/Grill, Community Room, Exercise Room, Fishing, Game Room, Gated Community, Minimum Rental Prd, Pavillion/Gazebo, Pickle Ball, Picnic Area, Pool, Short Term Rental - Not Allowed, Tennis, Waterfront
  • Pool: Yes

Exterior

  • Exterior Features: Porch Screened

Parking

  • Garage: Yes
  • Parking: Garage Attached

Location

  • Area: 27 - Bay County
  • 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

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Tnkls

Utilities

  • Utility Description: Electric, Gas - Natural, Public Sewer, Public Water

Structural Information

  • Architectural Style: Beach House
  • Stories/Levels: 1
  • Square Feet: 2,170
  • Sq. Ft. Source: County PA Records
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 50 x 131
  • Lot Features: Covenants, Restrictions
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $334
  • Assmt Payment Freq: Monthly
  • Tax Amount: $5,884
  • Tax Year: 2025
  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4B LOT 4456 ORB 4756 P 1376
  • Assessment: Yes
  • APN: 32503-400-278
Buyer's Brokerage Compensation: Contact Listing Agent
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— 8891 Coral Reef Wy —

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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 ATTOM Data Solutions 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
2/15/2026
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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8891 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 995392) 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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