8799 Coral Reef Way, Panama City Beach

$799,000

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

Under Contract; Accepting Backup Offers.
On a $90K premium, west-facing, waterview lot, this Cabana Bay captures sunsets over a pond and preserve. With $180K in upgrades, it offers 3 bedrooms, 2.5 baths, custom office, extended enclosed lanai, vaulted beamed ceiling, gas fireplace, and coastal finishes. The kitchen has top-tier appliances, range hood, pull-out drawers and upgraded bamboo pantry shelves. Primary suite has a spa-inspired shower and upgraded cabinetry. Full home generator, epoxy garage, and landscape uplighting included. Latitude Margaritaville Watersound features resort-style pools, trails, Town Center, dining, daily live music and more - near NWFL Beaches International Airport, Pier Park, public beaches, planned FSU Health Hospital public marina w/slips/lifts/renta

Essential Information
MLS® #983178
Price$799,000
Sold Price$785,000
Date Sold$2026-05-18
Bedrooms3
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage2,394
Acres0.17
Year Built2023
TypeResidential
Sub-TypeDetached Single Family
StyleFlorida Cottage
StatusSold
Community Information
Address8799 Coral Reef Way
Area27 - Bay County
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Subdivision

Latitude Margaritaville at Watersound

Amenities
ParkingGarage Door Opener
# of Garages2
ViewIntracoastal Waterwy
Utilities

Electric, Public Sewer, TV Cable

Interior
HeatingHeat Pump
FireplaceYes
FireplacesFireplace Gas
# of Stories1
Interior Features

Bookcases, Vaulted Ceiling(s), Handicap Provisions, Recessed Lighting, Pantry, Shelving, Wallpaper, Washer/Dryer Hookup

Appliances

Disposal, Microwave, Range Hood, Tankless Water Heater

Exterior
Exterior FeaturesSprinkler System
Lot DescriptionLevel
ConstructionSiding CmntFbrHrdBrd
Windows

Double Pane Windows, Window Treatments

School Information
ElementaryWest Bay
MiddleBreakfast Point
HighArnold
Additional Information
Days on Website426
ZoningResid Single Family
Listing Details
OfficeCompass
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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 15th, 2026 at 4:52pm CDT.