8926 Coral Reef Way, Panama City Beach, FL 32413

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Sold Price
$540,000
List Price
$530,000
Closing Date
Jun 23, 2026
MLS#
784867
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
2
Bathrooms
2
Lot Size
9,148
Neighborhood
Bay North - West Bay

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!

Additional Information

Acres
0.21
Appliances
Electric Oven, Tankless Water Heater
Elementary School
West Bay
High School
Arnold
Interior Features
Double Vanity, Main Level Primary, Walk-In Closet(s), Home Theater
Lot Dimensions
70x131
Lot Features
Sprinkler System, Paved
Middle School
Surfside
Neighborhood
Bay North - West Bay
Project Facilities
Basketball Court, Business Center, Fitness Center, Media Room, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Stories
1
Subdivision
Latitude at Watersound
Year Built
2023

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Foundation Real Estate Agency LLC. Selling Office: Coldwell Banker Realty.