8687 Coral Reef Way
Panama City Beach, FL 32413
3
Bed
2
Bath
0.15Acre(Lot)
Welcome to one of the most elegant homes you will ever see in Latitude Margaritaville Watersound! Timeless design, exceptional craftsmanship, and luxury finishes combine to create a residence that will shock your senses and surpass any and all professionally designed homes currently available. Located just minutes from Panama City Beach, Scenic Highway 30A, and the Emerald Coast's world-famous beaches, this better-than-new Coconut floor plan has been professionally curated by an accomplished interior designer and showcases a level of quality rarely found in today's new construction. From the moment you step through the elegant glass front door, you'll immediately notice the attention to detail. Extensive crown molding, custom designer lighting, decorative ceiling beams, premium hardwood
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 3 -
Interior Features
DoubleVanity, MainLevelPrimary, WalkInClosetsAppliances: ElectricCooktop, GasWaterHeater -
Heating & Cooling
Has Cooling: Yes Cooling: CentralAir, CeilingFans
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Building Information
Year Built: 2023Building Area Total: 1685Construction Materials: HardiplankType, WoodFrameStories: 1Patio And Porch Features: Covered, Patio, Porch, ScreenedPool Features: CommunityPrivate Pool: No -
Exterior Features
Exterior Features: Porch
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Lot Information
Lot Dimensions: 50.0 ft x 131.0 ft Main Square Feet: 0.15 Lot Size Acres: 0.15 Lot Size Square Feet: 6,534Property Information
Subdivision: Latitude at Watersound Source Property Type: Residential MLS Area Minor: 0411 - Bay North - West Bay Zoning Description: Resid Single Family Property SubType: Single Family Residence Levels: One Property Age: 3
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Listing Price Information
Listing Price: $575000
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Tax Information
Parcel Number: 32503-350-116 Tax Year: 2025 Tax Legal Desc: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4058 ORB 4816 P 169
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Virtual Tour
Parking Information
GatedGarage Information
Has Garage: Yes Garage Space: 2Homeowners Association Information
Has Association: YesAssociation Amenities: Gated, GazeboCommunity Features: BasketballCourt, Clubhouse, ConferenceMeetingRoom, FitnessCenter, Fishing, Pool, Shopping, TennisCourts, Waterfront, Gated
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School Information
Elementary School: West Bay Junior High School: Surfside Senior High School: Arnold -
Utility Information
CableConnected, ElectricityAvailable, UndergroundUtilities -
Location Information
Direction: Hwy 79 to Latitude Blvd. Turn right onto Margaritaville Blvd and there will be a gate to get into the community. Turn left on to Coral Reef Way and the property will be on the left. Security Features: GatedCommunity,SecurityGate
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 19914 Front Beach Road, Panama City Beach, FL, 32413 | $1,699,999 | 5 | 5 | 2,132 | 2,132 SqFt |
| 27 Gulf Drive, Panama City Beach, FL, 32413 | $370,000 | 2 | 1 | -- | |
| 6314 Turkey Cove Lane, Panama City Beach, FL, 32413 | $1,225,000 | 3 | 4 | -- | |
| 7509 Morning Marsh Trail, Panama City Beach, FL, 32413 | $1,499,000 | 3 | 3 | -- | |
| 6501 Golden Aster Trail, Panama City Beach, FL, 32413 | $1,049,000 | 3 | 4 | -- | |
| 6500 Ogeeche Trail, Panama City Beach, FL, 32413 | $1,330,000 | 4 | 4 | -- | |
| 8613 Preservation Drive, Panama City Beach, FL, 32413 | $149,500 | -- | -- | -- | |
| 6608 Button Buck Trail, Panama City Beach, FL, 32413 | $850,000 | 3 | 3 | -- | |
| 8539 Preservation Drive, Panama City Beach, FL, 32413 | $674,000 | 3 | 4 | -- | |
| 8525 Preservation Drive, Panama City Beach, FL, 32413 | $755,555 | 3 | 3 | -- |
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ByOwner last updated this listing 06/27/2026 @ 09:08
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