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$429,000
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Property Description
NEW PRICE + BUYER INCENTIVES AVAILABLE!Seller is offering generous buyer concessions toward closing costs, plus furnishings convey for a turnkey, move-in-ready opportunity. Competitive value within the community--schedule your showing today.Living on the Emerald Coast may be closer than you think!Welcome to Coral Reef Way, where resort-style living meets refined coastal elegance. Premium Upgrades. 2-bedroom | 2-bath Camellia Cottage is available for purchase. Offering every detail you've been searching for, from its prime location near to world-class amenities.The interior has been thoughtfully refreshed with updated decor.. Step inside to discover an open-concept floor plan adorned with luxury plank flooring throughout and anchored by a stunning quartz extended kitchen i The epoxy-finished garage adds both function and polish. Outside your door, Latitude at Watersound Margaritaville offers a lifestyle like no other. Multiple Resort pools, pickleball, fitness centers, waterfront restaurant, live entertainment, planned activities, and so much more. Future amenities include a marina on the Intracoastal Waterway ensuring endless ways to embrace the coastal lifestyle. Plus, you're just a short drive from the sugar-white sands and turquoise waters of the Emerald Coast. This is more than just a home. It is a luxury community experience that blends relaxation, recreation, and connection.
Full Property Details
Full Property Details for 8980 Coral Reef Wy
General
- Price: $429,000
- Taxes: $4,042 (2024)
- Status: Active
- Type: Townhouse
- Source: Emerald_Coast
- MLS ID: 986505
- Updated: 1/22/2026
- Added to Site: 187 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Living Room
- Interior Features: Furnished - None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: Gated Community, Pickle Ball, Pool, Tennis
- Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Latitude at Watersound Margaritaville
- Driving Directions: Intersection of Hwy 79 and 388. Head west. Coral Reef Way will be on your left.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Heating & Cooling
- Heating/Cooling: AC - High Efficiency
Utilities
- Utility Description: Electric, Private Well, Public Water
Structural Information
- Architectural Style: Beach House
- Stories/Levels: 1
- Square Feet: 1,315
- Sq. Ft. Source: County PA Records
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.09
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Multi-Family
Financial Considerations
- Assessment Amount: $388
- Assmt Payment Freq: Monthly
- Tax Amount: $4,042
- Tax Year: 2024
Disclosures and Reports
- Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4B LOT 4387 ORB 4748 P 613
- Assessment: Yes
- APN: 32503-400-140
Listed by Anchor Realty Florida
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Schools
Schools serving 8980 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 | 7.8 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 8980 Coral Reef Wy
Date
Details
Price
Change
Source
1/22/2026
Price Reduced
$429,000
-2.28%
MLS
12/01/2025
Price Reduced
$439,000
-6.4%
MLS
9/30/2025
Listed
$469,000
24.83%
MLS
11/08/2023
Sold
$375,700
—
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 8980 Coral Reef Wy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,181
3%
$337,925
4%
2024
$4,042
17474%
$324,084
17571%
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 8980 Coral Reef Wy
8980 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 986505) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 8980 Coral Reef Way is currently listed for $429,000 and was received on September 30, 2025. Want to learn more about 8980 Coral Reef Way? Do you have questions about finding other Townhouse 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.

