$429,900

8686 Coral Reef Way Panama City Beach, FL 32413

$5,105
Closing credit¹
2 beds
2 full
1,315 sqft
$327 / sqft
Townhouse

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

Home typeTownhouse
HeatingCentral, Electric, Heat Pump
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
Size1,315 sqft
Year built2023
ParkingAdditional Parking, Attached, Garage, Garage Door Opener
MLS #764050
Attached garage2 spaces

Summary

  • MLS Number: 764050
  • MLS Name: BCAR
  • Office Name: Coldwell Banker Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
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, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a lawn

$429,900

8686 Coral Reef Way

$5,105

closing credit¹

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Price information

Property sales

DateEventPrice
May 24, 2023
Home Sold
$327,900

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

30%
<35k
56%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
9%
Single, with Kids
33%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

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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.

Panama City Beach, FL housing market in February 2025 saw over 0 listings sold above listed price, more than 11 sold at listed price and over 75 sold below. 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.

From Rocket Homes Real Estate and based on county public records data.

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