8654 Coral Reef Way
Panama City Beach, FL 32413
2
Bed
2
Bath
0.09Acre(Lot)
EXEMPT FROM THE WAIT TO BUILD: Welcome to 8654 Coral Reef Way, a pristine, turn-key ''Camellia'' floor plan from the highly sought-after Conch Cottage Collection in Latitude Margaritaville Watersound. This masterfully curated home offers immediate occupancy and features nearly $55,000 in premium interior and structural upgrades. Positioned inside a premium 55+ active-adult community, this open-concept layout showcases seamless luxury vinyl plank flooring, soft coastal-inspired color palettes, and impact-rated windows and doors for optimal peace of mind. The gourmet kitchen is anchored by a custom extended quartz island, 42-inch upgraded cabinetry, and Whirlpool® stainless steel appliances. The primary suite delivers a spa-like retreat with dual vanities and a frameless glass walk-in shower
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 4Roofing Information
Composition, Shingle -
Interior Features
DoubleVanity, WalkInClosets, HomeTheaterRoof: Composition, ShingleAppliances: GasCooktop, GasOven, GasRange -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric, HeatPump Has Cooling: Yes Cooling: CentralAir, HeatPump
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Building Information
Year Built: 2023Building Area Total: 1308Construction Materials: HardiplankType, VinylSiding, WoodFramePatio And Porch Features: Covered, Porch, ScreenedPool Features: CommunityPrivate Pool: NoAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Porch
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Lot Information
Lot Dimensions: 42.0 ft x 100.0 ft Main Square Feet: 0.09 Lot Size Acres: 0.09 Lot Size Square Feet: 3,920 Lot Description: SprinklerSystem,PavedProperty Information
Subdivision: Latitude at Watersound Source Property Type: Residential MLS Area Minor: 0411 - Bay North - West Bay Zoning Description: Resid Single Family Property SubType: Attached Property Age: 3
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Listing Price Information
Listing Price: $399000Original Price: $39900
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Tax Information
Parcel Number: 32503-350-480 Tax Year: 2025 Annual Tax: $3169.44 Tax Legal Desc: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4240 ORB 4688 P 311
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Virtual Tour
Parking Information
GatedGarage Information
Has Garage: Yes Garage Space: 2Homeowners Association Information
Has Association: YesIncluded Fees: AssociationManagement, Clubhouse, FitnessFacility, LegalAccounting, MaintenanceGrounds, Pools, RecreationFacilities, TennisCourtsHOA: $340.82Association Amenities: BusinessCenter, Gated, SpaHotTubCommunity Features: BasketballCourt, BusinessCenter, Clubhouse, FitnessCenter, MediaRoom, Pool, TennisCourts, Gated
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School Information
Elementary School: West Bay Junior High School: Surfside Senior High School: Arnold -
Utility Information
CableConnected, ElectricityAvailable -
Location Information
Direction: Hwy 79 north to left on West Bay and left on Coral Reef Way Security Features: CarbonMonoxideDetectors,GatedCommunity,SecurityGate,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6314 Turkey Cove Lane, Panama City Beach, FL, 32413 | $1,225,000 | 3 | 4 | -- | 0.80 Acre |
| 7509 Morning Marsh Trail, Panama City Beach, FL, 32413 | $1,499,000 | 3 | 3 | -- | 0.76 Acre |
| 6501 Golden Aster Trail, Panama City Beach, FL, 32413 | $1,024,900 | 3 | 4 | -- | 0.64 Acre |
| 8500 Grass Lake Lane, Panama City Beach, FL, 32413 | $1,275,000 | 3 | 4 | -- | 1.94 Acres |
| 6500 Ogeeche Trail, Panama City Beach, FL, 32413 | $1,330,000 | 4 | 4 | -- | 1.41 Acres |
| 8613 Preservation Drive, Panama City Beach, FL, 32413 | $149,500 | -- | -- | -- | 0.66 Acre |
| 6608 Button Buck Trail, Panama City Beach, FL, 32413 | $790,000 | 3 | 3 | -- | 1.13 Acres |
| 8539 Preservation Drive, Panama City Beach, FL, 32413 | $619,000 | 3 | 4 | -- | 1.14 Acres |
| 8525 Preservation Drive, Panama City Beach, FL, 32413 | $755,555 | 3 | 3 | -- | 0.75 Acre |
| 140 Paradise Found Circ.., Panama City Beach, FL, 32413 | $572,500 | 1 | 2 | -- | -- |
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ByOwner last updated this listing 09/11/2026 @ 07:14
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