8799 Coral Reef Way, Panama City Beach, FL 32413

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$785,000
List Price
$799,000
Status
CLOSED
Closing Date
May 18, 2026
MLS#
777668
Subtype
Residential
Style
Coastal
Year Built
2023
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Lot Size
7,187
Acres
0.17
Subdivision
Latitude at Watersound
Neighborhood
Bay North - West Bay
MLS Area Major
Bay County - North

Property Description

Under contract; Welcoming Acceptable Backup Offers Perfectly positioned on a $90K premium west-facing water view lot, this Cabana Bay model captures sweeping sunsets over a tranquil pond and preserve. Thoughtfully designed with three bedrooms, two-and-a-half baths, a dedicated custom office, and an extended, enclosed lanai, this home is enhanced by $180K in carefully curated upgrades. It appraised for $877K in October 2024. Surfboards, Televisions, Washer & Dryer, and Ceiling Fixture in Office do not convey. The kitchen showcases top-tier appliances, a decorative range hood, pull-out drawers, and a walk-in pantry. A vaulted beamed ceiling, built-in gas fireplace, designer grasscloth wallpaper, and custom woven blinds infuse the space with refined coastal charm. The primary suite is a serene retreat featuring a spa-inspired shower with frameless glass, custom cabinetry, and discreetly integrated safety rails. Additional highlights include a whole-home generator, tankless water heater, lighted medicine cabinets, upgraded bamboo shelving, epoxy-coated garage floor, and front yard landscape uplighting. In the gated ''55 and Better'' Latitude Margaritaville Watersound, residents enjoy a resort-style pool, state-of-the-art fitness center, pickle ball courts, theater, on-site restaurant, dog park, amphitheater, live daily music and much more. Miles of walking and golf cart trails connect the community's phases and Town Center. Northwest Florida Beaches International Airport, Pier Park entertainment district, a planned public marina, FSU Health Hospital, and a planned lifestyle shopping center offer close proximity to modern conveniences.

Additional Information

Exterior Features
Patio
Property Description
Coastal
Appliances
ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, Gas Cooktop, Gas Water Heater, Tankless Water Heater
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
HardiPlank Type
Stories
1
Levels
One
Foundation
Slab
Garage Spaces
2
Elementary School
West Bay
Middle School
Breakfast Point
High School
Arnold

Listing courtesy of Compass Florida, LLC.

Selling Office: NON-MEMBER OFFICE.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks