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Property Description
*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* Welcome to this beautiful Parrot floor plan located in the highly desirable Latitude Margaritaville Watersound 55+ community. This vibrant, welcoming lifestyle is designed for those who want more than just a home. This spacious home offers 2 bedrooms, 2 bathrooms, and a versatile flex room ideal for a home office, gym, or hobby space and an extra room off of the kitchen that can be used for a formal dining area, or customize the room however you want! One of the standout features is the extended screened-in porch, expanded by an additional 10 feet to create an oversized outdoor living area--perfect for morning coffee, entertaining guests, or unwinding after a day at the beach. Inside, the home is enhanced with custom curtains throughout and remote-controlled blinds, offering both style and convenience while maximizing natural light and privacy. Enjoy a spacious primary suite featuring separate his-and-hers closets and a beautifully appointed en-suite bathroom with an oversized walk-in shower. There is also a full-house water filtration system adds everyday comfort and peace of mind, and a brand-new golf cart (conveying with the sale) makes getting around the community effortless and fun. With over $50,000 in upgrades, plus a brand-new golf cart, this home is truly move-in ready and offers exceptional value beyond standard builder features. Living in Latitude Margaritaville Watersound means enjoying a resort-style, active lifestyle with amenities that include multiple pools, including an island-style pool overlooking the Intracoastal Waterway, a state-of-the-art fitness center, pickleball and tennis courts, walking and biking trails, social clubs, and a lively Town Center with daily live music and events. HOA fees include landscaping and lawn care, allowing for low-maintenance living. Residents also enjoy a two-story full-service bar and restaurant, daily live music, a dog park, woodworking shop, ceramic studio, theater, and golf-cart-friendly streets throughout the community. A future commercial area is planned to include a Publix grocery store, dining, shopping, and a public marina, adding even more convenience and value. Ideally located near the West Bay corridor, this home is approximately 10 minutes from Northwest Florida Beaches International Airport, 7-10 miles from the white-sand beaches, and close to shopping and entertainment. The community is also near medical facilities, with a hospital currently under construction and expected to be completed in 2027. Skip the construction wait and step directly into a move-in-ready home where upgrades, comfort, and lifestyle come together. It's time to embrace the Margaritaville way of life!
Full Property Details
Full Property Details for 8926 Coral Reef Wy
General
- Sold For: $540,000
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 784867
- Added to Site: 159 day(s) ago
Interior
- Number of Rooms: 2
- Interior Features: Double Vanity, Main Level Primary, Walk-In Closet(s), Home Theater
- Appliances: Electric Oven, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Business Center, Gated, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Gated Community, Security Gate, Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Gated
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Ranch
- Construction: HardiPlank Type
- Windows: Storm Window(s)
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Lot Size: .21
- Lot Dimensions: 70 x 131
- Lot Features: Sprinkler System, Paved
Disclosures and Reports
- Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4B LOT 4499
- Property ID: 32503-400-364
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Schools
Schools serving 8926 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 8926 Coral Reef Wy
Date
Details
Price
Change
Source
6/23/2026
Sold
$540,000
1.89%
MLS
5/18/2026
Price Reduced
$530,000
-7.83%
MLS
5/01/2026
Price Reduced
$575,000
-4.01%
MLS
4/11/2026
Price Reduced
$599,000
-1.8%
MLS
2/07/2026
Listed
$610,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8926 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 784867) is a Single Family property that was sold at $540,000 on June 23, 2026. This property was sold by Sheryl Lewis from our Panama City Beach - Thomas Dr. Office.Want to learn more about 8926 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.


