#768530, Listing Office: Coldwell Banker Realty
8686 Coral Reef Way Panama City Beach, FL 32413
Property details
About 8686 Coral Reef Way
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Incredible Price Improvement, huge lot with lots of privacy!! Gorgeous Highly upgraded Camellia Cottage in sought after Latitude Margaritaville Watersound! This beautiful 55+ Active Adult community sits along the Intracoastal Waterway offering residents an unparalleled lifestyle. The Gulf of Mexico, pristine sugar white beaches are just 7 miles away! This home is highly upgraded with so many quality finishes. An oversized exterior lot with large front yard, offering lots of privacy. Step in to the covered screened porch and enjoy morning coffee and spectacular sunset views. The spacious family room has a vaulted, beamed ceiling, open to a large cooks kitchen, electric range, 42'' cabinets with pull-outs/soft close cabinets, quartz countertops and large island. Kitchen with crown-molding. Separate dining room with a custom shiplap wall, wonderful for dinner parties and more! Master bedroom with a custom shiplap wall, recessed lighting with reader lights, a large walk-in closet, tiled shower, seamless shower door, double vanities. Upgraded, Laminate Revwood by Mohawk floors throughout, tile floors baths and laundry. 8 ft doors throughout, all windows have custom Plantation Wood Shutters with split-tilt, upper and lower can function separately. Upgraded facets throughout home. Insulated garage package, Polyurea finish on garage floors and patio. Interior paint professionally painted with custom colors and high quality Sherwin Williams Emerald paint. Seller will consider selling home fully furnished for additional cost outside of the contract. Latitude Margaritaville Watersound amenities offer a 2 story full service restaurant, resort style outdoor pool both overlooking the Intracoastal Waterway, A state of the art fitness center with an indoor lap pool and spa, fitness classes, water aerobics and more. Pickleball and tennis courts, a bandshell with a dance floor and music every Friday and Saturday night / activities year round. Kayak launch, game lawn with bocce ball, cornhole and ping pong. A theater, pet grooming, workshop and ceramics shop is currently being built. A future public marina and commercial area are planned with grocery store, shopping and dining. Home has a builders Master Care warranty in place 2 years from the original build date and a 2/10 year structural warranty from the original build/close date. All lawn care is maintained by the HOA, exterior paint and roof replacement on a maintenance schedule are done by the HOA. Easy, carefree living! Must see this incredible home and community! The lifestyle of this beautiful coastal Florida town awaits you!
Highlights
(Active Under Contract)
Summary
- MLS Number: 764050
- MLS Name: BCAR
- Office Name: Coldwell Banker Realty
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$429,900
8686 Coral Reef Way
$5,105
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 24, 2023 | Home Sold | $327,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $30,231 | $378 |
2022 | $1,820 | $21 |
History based on county public records data.
Nearby schools
5
West Bay Elementary School
Public District KG-5
2.0 mi
•14813 School Dr
7
Hutchison Beach Elementary School
Public District KG-5
8.3 mi
•12900 Hutchison Blvd
7
Patronis Elementary School
Public District KG-5
11.9 mi
•7400 Patronis Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,720. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 8686 Coral Reef Way
This home is located at 8686 Coral Reef Way in Panama City Beach, FL and zip code 32413. This 1,315 square foot home was built in 2023. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $429,900.
In February 2025, from all listings sold in Panama City Beach, FL there were more than 0 sold above asking price, over 75 sold below and more than 11 were sold right at the asked price. Between January and February 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 8.1%. The median list price of listings available in February 2025 was $449,377, while the average time on the real estate market was 120 days.