$717,700

8737 Coral Reef Way Panama City Beach, FL 32413

$8,523
Closing credit¹
2 beds
2 full, 1 partial
2,393 sqft
0.2 acres
$300 / sqft
House

Property details

About 8737 Coral Reef Way

Escape to paradise in this stunning Cabana single-family home nestled within the vibrant, Jimmy Buffett-inspired 55+ community of Latitude Margaritaville Watersound, where ''Growing Older, Not Up'' is a celebrated way of life! Located in the desirable Phase 4, just a breezy 3-minute golf cart ride from the town center and resort-style amenities, this meticulously maintained 2,393 sqft home offers the perfect blend of luxury and laid-back living. The Cabana floor plan features 2 spacious bedrooms, 2.5 beautifully appointed bathrooms, a formal dining room, a cozy breakfast nook, a versatile den, and a bonus room - providing ample space for entertaining visiting friends and family who are eager to experience the Margaritaville lifestyle. This home is brimming with exquisite and practical upgrades, adding exceptional value and convenience. Enjoy peace of mind with a whole-house Generac generator and extended Wi-Fi package. Custom-built closets in the master suite and laundry room offer exceptional organization, while plantation shutters and custom blinds on the slider doors add a touch of elegance and privacy. The epoxy-floored garage features custom cabinetry and a utility sink, creating the ultimate workshop or storage space. Step inside and be greeted by a grand sense of arrival. Stunning Level 3 wood-look tile flows seamlessly throughout the main living areas, complemented by soaring ceilings and trendy wall accent and picture lighting in the entry hall, great room, dining room, and master suite - perfect for showcasing your cherished artwork and family photos. With three flexible rooms, you can easily adapt the space to your needs. Create a formal dining area, a home office or media room, a fun lounge, or a cozy rec room for the grandkids. The possibilities are endless! The Cabana offers abundant storage, including a coveted walk-in pantry in the kitchen and a huge pantry in the laundry room. The Level 4 quartz countertops are simply breathtaking, paired with Level 3, 42-inch cabinetry throughout the home, complete with under and over-cabinet lighting to set the perfect ambiance. Step through the expansive sliders onto the extended, screened-in lanai with sealed pavers and soak in the tranquil views of the serene pond - the perfect spot for enjoying a glass of wine and unwinding after a long day. When it's time to retreat for the night, indulge in the luxurious soaking tub in your master bath, or cozy up in the sitting area within your master bedroom. Custom lighting and fans throughout the home add the final touch of elegance and sophistication, making it the perfect retreat for embracing the ''Growing Older, Not Up'' lifestyle. Don't miss this incredible opportunity to experience luxurious living in paradise! Schedule your private tour today and discover firsthand what makes this Cabana so special. Your dream lifestyle in Latitude Margaritaville Watersound awaits!Enjoy the transferrable 2-10 builders warranty for peace of mind. Latitude Margaritaville is the most sought after 55+ community in the country with unmatched amenities including a private restaurant with 3 bars, resort pool, live music daily, pickleball, bocce ball, cornhole, putting green, Fins Up Fitness Center, indoor lap pool & whirlpool and a full lifestyle staff who dedicate their days to ensuring your fun! Phase 2 of the amenities include a full size theatre for comedy and tribute bands, Barkaritaville dog spa, woodworking shop, pottery room, business center and community rooms for clubs, groups, tastings and food demonstrations. The public retail has also begun with the golf cart store in full swing, Capital City Bank has opened and we are anticipating the grocery store, restaurants and other boutique shopping soon as well as a Public Marina...all through St Joe!

Highlights

Home typeSingle Family Residence
HeatingCentral, Heat Pump
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size2,393 sqft
Lot size0.17 Acres
Year built2023
ParkingAttached, Driveway, Garage, Garage Door Opener
MLS #772050
Attached garage2 spaces

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Oven, Freezer, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater
  • Interior: High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Split Bedrooms, Shutters, Vaulted Ceiling(s)
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener
  • Exterior: Sprinkler/Irrigation, Porch, Rain Gutters
  • Heating: Central, Heat Pump
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $717,700
  • Price/SqFt: $299
  • HOA Amount: $308 Monthly
  • Annual Tax Amount: $378
  • Tax Year: 2023
  • Lot: Close to Clubhouse, Landscaped
  • Directions: Hwy 79 to Latitude Blvd, turn LEFTRIGHT onto Margaritaville BlvdLEFT onto Coral Reef WayHome is on the LEFT
  • Year Built: 2023
  • Living Area: 2,393 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 772050
  • MLS Name: BCAR
  • Office Name: Bob Hodges And Sons 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: 6/4/2025, 8:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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8737 Coral Reef Way, Panama City Beach, FL 32413 - view of front facade featuring board and batten siding, a garage, concrete driveway, a front lawn, and a shingled roof

$717,700

8737 Coral Reef Way

$8,523

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 28, 2023
Home Sold
$554,000

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 majority of Panama City Beach, FL residents have income between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

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

Similar homes for sale

Frequently asked questions

About 8737 Coral Reef Way

The listing price of 8737 Coral Reef Way property is $717,700.

The property 8737 Coral Reef Way is a house located in Panama City Beach, Florida, 32413.

Active Listing: 8737 Coral Reef Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8737 Coral Reef Way are: West Bay Elementary School (GreatSchools Rating 5/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Patronis Elementary School (GreatSchools Rating 7/10), Surfside Middle School (GreatSchools Rating 6/10), Breakfast Point Academy (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), J.R. Arnold High School (GreatSchools Rating 5/10), Deane Bozeman School (GreatSchools Rating 7/10), Rising Leaders Academy (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $378 (source: MLS/based on county public records data).

The last sale was on July 28, 2023 for $554,000 (source: MLS/tax record).

The property at 8737 Coral Reef Way has 2 bedrooms and 2 full and 1 half bathrooms.

The property 8737 Coral Reef Way is 2,393 SqFt (source: MLS/tax record).

The year of construction for 8737 Coral Reef Way is 2023.

This home is located at 8737 Coral Reef Way in Panama City Beach, FL and zip code 32413. This 2,393 square foot home, which was built in 2023, sits on a 0.17 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $717,700.

Over 2 listings were sold over their listed price in May 2025 in Panama City Beach, FL. In the same period over 111 listings were sold below the listed price and 25 listings were sold for the listed price. The inventory of homes for sale in Panama City Beach, FL between April and May 2025 increased by 6.2%. While the average time on the market in May 2025 was 95 days, the median list price was $440,000.

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

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