8944 Coral Reef Way, Panama City Beach

$417,000

2 Beds
2 Baths
1,472 Sqft
0 Acre
2 Garages

Step into the best of low-maintenance, resort-style living in this barely lived-in Aloha Cottage! Perfectly situated in Phase 5 near the golf cart underpass, you're just minutes from the vibrant Town Square amenities of Latitude Margaritaville Watersound -- one of Northwest Florida's premier 55+ active adult communities. Nestled on a fabulous oversized corner lot, this charming 2-bedroom, 2-bath Florida cottage with a versatile flex room delivers 1,472 square feet of thoughtfully designed living space -- complete with upgrades galore, including granite countertops, elevated cabinetry, and beautiful laminate flooring throughout. The spacious kitchen flows seamlessly into the dining and family rooms, while a large laundry room and a lovely screened-in porch add everyday comfort and coastal charm. Just 7 miles from pristine Gulf beaches and situated within a golf-cart-friendly community, you'll enjoy world-class amenities set along the Intracoastal Waterway -- including a resort-style pool, two-story waterfront restaurant, state-of-the-art fitness center with indoor pool and spa, tennis and pickleball courts, and a lively bandshell for concerts and outdoor events. With two garage spaces, furnishings negotiable, and a brand-new Publix coming soon nearby, this turnkey cottage is ready to become your perfect primary retreat or sun-soaked second home. Live where others vacation -- your coastal dream starts here!

Essential Information
MLS® #1000857
Price$417,000
Sold Price$400,000
Date Sold$2026-08-06
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,472
Year Built2023
TypeResidential
Sub-TypeTownhouse
StyleFlorida Cottage
StatusSold
Community Information
Address8944 Coral Reef Way
Area27 - Bay County
SubdivisionLatitude Margaritaville
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
# of Garages2
Utilities

Public Sewer, Public Water, Underground

Interior
HeatingCentral
CoolingCentral Air
# of Stories1
Interior Features

Breakfast Bar, Vaulted Ceiling(s), Recessed Lighting

Appliances

Dishwasher, Disposal, Microwave, Refrigerator

Exterior
Lot DescriptionSidewalk, Survey Available
ConstructionSiding CmntFbrHrdBrd
School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
Days on Website181
ZoningResid Single Family
Listing Details
OfficeLegacy Premier Agency LLC
Property History
Price Reduced from $425,000 to $417,000
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Listing information last updated on October 15th, 2026 at 11:22am CDT.