8439 Coral Reef Way, Panama City Beach

$615,000

2 Beds
2 Baths
1,940 Sqft
.16 Acre
2 Garages

SELLER OFFERING UP TO $12,000 CLOSING COST CREDIT WITH OFFERS BEFORE 10/31. Privacy, water views and an especially convenient location come together in this popular Parrot floor plan in Phase 2 of Latitude Margaritaville Watersound.

Set on a premium homesite, the property overlooks a wide grassy backyard, peaceful pond and wooded preserve beyond, creating a private backdrop with no homes directly behind you. The screened lanai makes the most of the setting, with plenty of room to relax, dine outdoors and enjoy the view.

Inside, the home features two bedrooms plus a versatile den that can easily function as a third bedroom, office or additional living space. Luxury vinyl plank flooring runs throughout the home, complemented by quartz countertops, soft-close cabinetry, a custom tile backsplash and upgraded lighting and finishes. The kitchen is also equipped with a gas connection for those who prefer a gas range.

The spacious primary suite is positioned to take advantage of the view, with an expansive bay window and sitting area overlooking the water. Dual closets provide generous storage, while the primary bath features a large vanity, oversized shower, upgraded tile and upgraded countertops. The large laundry room adds useful workspace and storage, with granite countertops and a Speed Queen washer and dryer set. A full two-car garage and private driveway add to the home's everyday functionality. Its location near the neighborhood entrance also makes getting in and out of the community especially convenient, while the Publix and additional retail planned nearby will put groceries, shopping and everyday essentials just minutes from home.

With its waterfront and preserve views, flexible floor plan, thoughtful upgrades and easy-access location, this home offers a particularly appealing combination of privacy and convenience within Latitude Margaritaville Watersound.

Latitude Margaritaville Watersound offers an active 55+ lifestyle centered around an impressive collection of amenities, including the Latitude Town Square with live entertainment, resort-style Paradise Pool, fitness center, pickleball and tennis courts, Barkaritaville dog park, walking and biking trails, and on-site dining. With a full calendar of activities, clubs and events, the community makes it easy to be as social, active or relaxed as you choose, all within a short drive of the beaches, dining and recreation of Panama City Beach and the surrounding area.

Essential Information
MLS® #1010102
Price$615,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,940
Acres0.16
Year Built2022
TypeResidential
Sub-TypeDetached Single Family
StyleFlorida Cottage
StatusActive
Community Information
Address8439 Coral Reef Way
Area27 - Bay County
SubdivisionLatitude at Watersound
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
ParkingGarage Door Opener, Garage
# of Garages2
ViewPond
Is WaterfrontYes
WaterfrontPond
Utilities

Electric, Gas - Natural, Public Sewer, Public Water, TV Cable

Interior
CoolingCentral Air
# of Stories1
Interior Features

Tray Ceiling(s), Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Pull Down Stairs, Shelving, Wallpaper, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Tankless Water Heater

Heating

Central, Heat High Efficiency, Gas - Natural

Exterior
Exterior FeaturesSprinkler System, Rain Gutters
WindowsWindow Treatments, Window Bay
RoofComposite Shngl
ConstructionSiding CmntFbrHrdBrd
FoundationSlab
Lot Description

Cul-De-Sac, Survey Available, Within 1/2 Mile to Water

School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
ZoningResid Single Family
Office

The Premier Property Group Seacrest Office

Property History
Price Reduced from $620,000 to $615,000
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 8439 Coral Reef Way, Panama City Beach, FL

Photo of Listing #1013624
New Listing

232 Wisteria Lane, Panama City Beach

$711,000 - 3 Beds, 2 Baths, 1,480 Sf

MLS® # 1013624

Photo of Listing #1013535
New Listing

251 Breakwater Boulevard, Panama City Beach

$759,900 - 3 Beds, 3 Baths, 2,548 Sf

MLS® # 1013535

Photo of Listing #1013155

117 Summer Breeze Road, West Panama City Beach

$479,000 - 3 Beds, 2 Baths, 2,160 Sf

MLS® # 1013155

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 14th, 2026 at 4:22pm CDT.