8835 Coral Reef Way, Panama City Beach

$799,000

3 Beds
3 Baths
2,394 Sqft
.16 Acre
2 Garages

YOUR COASTAL PARADISE awaits with a stunning view of the intracoastal waterway, pond and nature preserve on this one-of-a-kind premium lot. Enjoy your covered lanai with private a pool within a fully enclosed screen system. Discover your perfect retreat and relish your private oasis with a dedicated large green space area directly behind the property just before the golf cart bridge over Tiller Creek. Your lanai provides the picture-perfect setting where you can enjoy a sunshiny day or take in the thunderstorms during summer afternoons or simply enjoy the dazzling sunsets. This gorgeous Cabana floorplan provides a 3-bedroom, 2.5-bath home that also features a spacious den with interior double doors ideal for a home office or hobby space, and a formal dining room (currently used as a re The house has been significantly upgraded, including premium Sherwin Williams satin paint (alabaster color) for the entire interior, and Mohawk laminate Rustic Virtue Ashlar flooring throughout (no carpeting). The great room has LED recessed lighting, a brass floor electrical outlet receptable, and a high and low TV jack dual media outlet. The significantly upgraded kitchen boasts a double wall oven with an electric cooktop and microwave, a large pantry, upgraded cabinets including crown molding, pullout pots and pans drawers, along with base cabinet pullout shelves. There is under cabinet lighting with a dimmer switch, and dove tail cushion close doors and drawers. The granite countertops are Luna Pearl, with 3''x6'' tile backsplash with full height installation, along with a single-bowl undermount stainless steel sink, and best of all a built-in wine cooler.
Upgrades in the master bath include a corner shower ledge, upgraded cabinets with a Luna Pearl granite countertop, 15''x15'' tile flooring, 12''x12'' shower wall tile extending to the ceiling, and a seamless shower brushed nickel enclosure. Bath 2 upgrades include tub and 12''x12'' tile walls, upgraded cabinets with Luna Pearl granite countertop, 15''x15'' tile flooring.
The generous 2-car garage includes an insulation package involving the ceiling and walls, providing plenty of storage for your beach essentials and including attic storage with pull-down stairs, a Wi-Fi capable garage door opener, and a dedicated 20-amp outlet for charging a golf cart.
The spectacular pool package includes a 9400-gallon saltwater system pool, spa, heat pump, paver deck and screened enclosure. Please be aware that the community pool now requires advance reservations for your guests Friday thru Sunday.
Don't miss this rare opportunity to own one of the finest homes in the community! Latitude Margaritaville features astonishing recreation, dining and entertainment opportunities for daily fun and fitness including an amenity center with a resort-style pool, social gathering areas, tiki huts and the poolside Bar & Chill restaurant. The outdoor athletic facilities include tennis and pickleball courts, along with an indoor lap pool and amazing fitness center. The Town Square overlooks the Intracoastal Waterway adjacent to the planned public marina which will include both dry storage and wet slips with convenient access to West Bay, Choctawhatchee Bay, and the Gulf of Margaritaville where every day feels like a vacation. Don't miss out on this amazing opportunity to embrace coastal living at its finest!

Essential Information
MLS® #977339
Price$799,000
Sold Price$750,000
Date Sold$2025-11-13
Bedrooms3
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage2,394
Acres0.16
Year Built2023
TypeResidential
Sub-TypeDetached Single Family
StyleCaribbean
StatusSold
Community Information
Address8835 Coral Reef Way
Area27 - Bay County
SubdivisionLatitude Margaritaville
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
UtilitiesPublic Sewer, Public Water
ParkingGarage Door Opener
# of Garages2
ViewIntracoastal Waterwy
Has PoolYes
PoolHeated, In Ground
Amenities

BBQ Pit/Grill, Community Room, Dock, Exercise Room, Fishing, Gated Community, Minimum Rental Prd, Picnic Area, Pool, Tennis, Waterfront, Pets Allowed, Pickle Ball

Interior
Interior FeaturesVaulted Ceiling(s)
HeatingNatural Gas
CoolingCentral Air
# of Stories1
Appliances

Cooktop, Dishwasher, Disposal, Microwave, Refrigerator

Exterior
WindowsWindow Treatments
RoofComposite Shngl
ConstructionSiding CmntFbrHrdBrd
FoundationFoundation On Piling
Exterior Features

Pool - Enclosed, Sprinkler System

Lot Description

Survey Available, Within 1/2 Mile to Water

School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
Days on Website508
ZoningResid Single Family
HOA Fees308
HOA Fees Freq.Monthly
Listing Details
Office1 Percent Lists Florida Coast
Property History
Price Reduced from $829,000 to $799,000
Price Reduced from $849,000 to $829,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 16th, 2026 at 11:37pm CDT.