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8745 Coral Reef Way

Panama City Beach, FL 32413
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Bed 3

Bed

Bath 3

Bath

Acres0.21

Acre(Lot)

HUGE PRICE IMPROVEMENT - Incredible Value in Margaritaville!! Experience effortless resort-style living in this exceptionally well-maintained, highly sought-after Breeze Bay floorplan on a premium corner lot. This 3-bedroom, 3-bath home features beautiful vinyl plank flooring throughout, creating a seamless, stylish flow. The chef's kitchen is a standout, offering quartz countertops, tile backsplash, gas cooktop, wall oven and microwave, a wine cooler, and an oversized island that opens to the dining and great room--perfect for entertaining. A full wall of glass sliders leads to a screened lanai with tranquil pond views, ideal for relaxing or hosting guests. The primary suite overlooks the backyard and includes a luxurious en-suite with his and her closets, a stunning walk-in shower and dual quartz vanities. Two additional bedrooms provide comfort and privacy, including one with its own en-suite--perfect for visitors. This home is packed with upgrades and peace-of-mind features, including a whole-house generator, epoxy-coated garage floor and lanai, custom blinds, and all appliances conveying, including washer and dryer. Enjoy a vibrant 55+ lifestyle with resort-style pools, fitness center, pickleball and tennis courts, dining, entertainment, and a convenient golf-cart underpass. HOA covers lawn care, amenities, and year-round activities. With exciting growth nearby--including a new Publix, shopping, dining, and a future hospital--this is an unbeatable opportunity at an improved price. Don't miss your chance to own a slice of Margaritaville paradise!

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Detail Ic Property Details

Property Type : Residential

Price : $720,000

AD Id : 74929306

MLS Id : 784506

Beds : 3

Lot Size : 0.21 Acre

Year Built : 2023

Garage : 2

County : Bay

Subdivision: Sun N Lakes - Lake Placid

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 6

    Roofing Information

    Composition, Shingle
  • Interior Features

    DoubleVanity, MainLevelPrimary, WalkInClosets, HomeTheater
    Roof: Composition, Shingle
    Appliances: ElectricOven, GasCooktop, GasWaterHeater, TanklessWaterHeater
    Window Features: StormWindows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, ForcedAir Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2023
    Building Area Total: 2170
    Construction Materials: AluminumSiding, HardiplankType, VinylSiding, WoodFrame
    Stories: 1
    Patio And Porch Features: Covered, Porch, Screened
    Pool Features: Community
    Private Pool: No
  • Exterior Features

    Exterior Features: Porch

  • Lot Information

    Lot Dimensions: 67 x 136 Main Square Feet: 0.21 Lot Size Acres: 0.21 Lot Size Square Feet: 9,112 Lot Description: Paved

    Property 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

  • Listing Price Information

    Listing Price: $720000
    Original Price: $775000

  • Tax Information

    Parcel Number: 32503-350-192 Tax Year: 2025 Annual Tax: $7000 Tax Legal Desc: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4096 OEB 4738 P 1956

  • Parking Information

    Gated

    Garage Information

    Has Garage: Yes Garage Space: 2

    Homeowners Association Information

    Has Association: Yes
    Association Amenities: Gated, PicnicArea
    Community Features: Clubhouse, ConferenceMeetingRoom, FitnessCenter, MediaRoom, Park, Pool, TennisCourts, CommunityPool, Gated, ShortTermRentalAllowed

  • School Information

    Elementary School: West Bay Junior High School: Surfside Senior High School: Arnold
  • Utility Information

    ElectricityAvailable, UndergroundUtilities
  • Location Information

    Direction: From Hwy 98, turn north onto Hwy 79. In approximately 7 miles, turn left onto West Bay Parkway. Take the second left onto Margaritaville Blvd. In .3 miles, turn right onto Coral Reef Way. The home is .6 miles on the left. Security Features: GatedCommunity,SecurityGate
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ByOwner last updated this listing 06/19/2026 @ 00:26

MLS: 784506 LISTED BY: Kay Blanchard, Beachy Beach Real Estate 850-233-4351 SOURCE: CPAR

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