#775676, Listing office: Coldwell Banker Realty
8948 Coral Reef Way Panama City Beach, FL 32413
Property details
About 8948 Coral Reef Way
Step into your own Coastal Retreat on a premium outside, oversized lot in phase 4! This beautiful Florida Cottage is nestled in sought after Latitude Margaritaville Watersound a 55+ Active Adult community perched along the Intracoastal Waterway, offering residents an unparalleled lifestyle. This CAMELLIA Cottage floorplan is nicely upgraded with and just 7 miles from the pristine white sands of Panama City BEACH! Phase 4 cottages are a quick golfcart or bike ride to the amenities and trails. Enter the covered screened porch with epoxy floor coating. A wonderful spot for relaxing and viewing the spectacular sunsets! The spacious family room has a vaulted ceiling, open to a large cooks kitchen, with a large island, 42'' cabinets with custom pull-outs/soft close cabinets & pantry, quartz countertops and tile backsplash. Separate spacious dining room, wonderful for entertaining and more! Master bedroom with a a large walk-in closet, master bath boast a tiled shower & floor and double vanities with undermount sinks and quartz countertops. 2nd bedroom is light and bright and adjacent to the 2nd bath with tile floors, tile bath walls and quartz countertops. Upgraded, Laminate Revwood by Mohawk floors throughout, tile floors baths and laundry. Blinds and curtains throughout the home. All custom light fixtures and fans. No detail was spared! Garage floor with epoxy coating. Home comes out-fitted with a refrigerator and washer/dryer. The amenities at Latitude Margaritaville Watersound 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. This home has a builders Master Care 2 year Warranty until Dec. 2025 and a Builders 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! This home sits on a premium lot with no cottage or home directly in front of it. Also has a little peek of the pond across the street and of course the daily sunsets! Must see this gorgeous home and community! The carefree lifestyle of Latitude Margaritaville Watersound awaits you!
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Tankless Water Heater, Washer
- Interior: High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Smart Thermostat
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Additional Parking, Attached, Garage, Garage Door Opener
- Exterior: Sprinkler/Irrigation, Porch, Rain Gutters
- Architectural Style: Florida
- Heating: Central, Electric, Forced Air, Heat Pump
- Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
- List Price: $415,900
- Price/SqFt: $316
- HOA Amount: $322 Monthly
- Annual Tax Amount: $22
- Tax Year: 2023
- Lot: Landscaped
- Directions: Hwy 79 North to left on West Bay Parkway, follow to 2nd gated entrance on Coral Reef Way, follow to 2nd left on Cheeseburger Blvd, home on the left.
- Year Built: 2023
- Living Area: 1,315 SqFt
- MLS Number: 773816
- 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: 7/24/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 12, 2023 | Home Sold | $369,400 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,834 | $22 |
History based on county public records data.
Nearby schools
5
West Bay Elementary School
Public District KG-5
2.3 mi
•14813 School Dr
7
Hutchison Beach Elementary School
Public District KG-5
8.6 mi
•12900 Hutchison Blvd
7
Patronis Elementary School
Public District KG-5
12.1 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 majority of Panama City Beach, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 8948 Coral Reef Way
The listing price of 8948 Coral Reef Way property is $415,900.
The property 8948 Coral Reef Way is a townhouse located in Panama City Beach, Florida, 32413.
Active Listing: 8948 Coral Reef Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8948 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 $22 (source: MLS/based on county public records data).
The last sale was on December 12, 2023 for $369,400 (source: MLS/tax record).
The property at 8948 Coral Reef Way has 2 bedrooms and 2 bathrooms.
The property 8948 Coral Reef Way is 1,315 SqFt (source: MLS/tax record).
The year of construction for 8948 Coral Reef Way is 2023.
This home is located at 8948 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 June 27, 2025 and is currently priced at $415,900.
In June 2025, from all listings sold in Panama City Beach, FL there were more than 1 sold above asking price, over 119 sold below and more than 21 were sold right at the asked price. The inventory of homes for sale in Panama City Beach, FL between May and June 2025 increased by 1.2%. In June 2025, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $435,000.