8863 Coral Reef Way, Panama City Beach, FL 32413

$751,500
  • 8863 Coral Reef Way, Panama City Beach, FL 32413 Main Photo

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Active Price Reduced by $4,000 on April 16th, 2026
BEDS2 BATHS2 full SQUARE FEET1,940 MLS#786295
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONLatitude at Watersound

Property Description

PARROT - Welcome to 8863 Coral Reef Way, a beautifully upgraded Parrot model in highly desirable Phase 4, where many believe you're in the sweet spot of the community. Close enough for a quick golf cart ride to Town Square, yet far enough away to enjoy peace, privacy, and that relaxed island pace of life. Set on a premium wooded 4B lot, you don't see neighbors behind you -- just natural beauty. It's the kind of backyard where you can sip something cold, listen to your favorite Buffett playlist, and feel like you've permanently escaped the mainland. And then there's the showstopper. The SWIMMING POOLl and hot tub are absolutely spectacular. This is not an afterthought pool. This is a full backyard retreat designed for sunset swims, weekend gatherings, and quiet evening soaks under the stars. If Jimmy were writing about a backyard in Watersound, this might be it. Inside, this Parrot is completely move-in ready and loaded with upgrades: ? Generac whole house generator ? Quartz countertops throughout ? Extended kitchen counter with matching quartz backsplash ? Upgraded cabinets with soft close doors, crown molding, side panels, pulls, and dual trash cans ? Cabinets, counter, and sink in the laundry room ? Upgraded appliances ? Laminate flooring throughout most of the home ? Upgraded trim throughout Both bathrooms feature upgraded tile floors and walls, frameless glass shower surrounds, upgraded shower heads, automatic exhaust timer switches, and a no curb entry in the main bath shower for a clean, seamless look. Additional highlights include: ? Designer lighting over kitchen counters and table ? Whole home WiFi with extender ? WiFi garage door opener ? Epoxy garage floor, shelving, and added attic flooring for storage ? Ring cameras and Yale WiFi door locks ? TV wall brackets and TV outlet plus gas line on the lanai ? High performance ceiling fans ? Custom shelving in the main bedroom closets Living in Latitude Margaritaville Watersound isn't just about square footage. It's about lifestyle. Resort style pool overlooking the Intracoastal Waterway, a two story full service restaurant, fitness center with indoor lap pool and spa, pickleball and tennis courts, walking trails, kayak launch, bandshell concerts, hobby rooms, and a social calendar that keeps life as full as you want it to be. And with the St. Joe Company developing the new commercial area along Highway 79, convenience and value continue to grow. This home captures what the Parrot model is all about -- open, bright, inviting -- with the added bonus of privacy, a spectacular pool, and upgrades in all the right places. If you've been waiting for your own little piece of paradise where the days move slower and the sunsets last longer, this is it. Some photos have been virtually staged or digitally altered for presentation purposes

8863 Coral Reef Way | MLS# 786295

This single family home located at 8863 Coral Reef Way, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $751,500. This property was built in 2023 and has 2 bedrooms and 2 full baths with 1940 sq. ft. Coral Reef Way is located in the Latitude at Watersound subdivision. Search Latitude At Watersound real estate on knorth.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2
Heating: Electric, Heat Pump
Home Style: Traditional
Lot Size: 0.16 Acres
Taxes: $6,849
Year Built: 2023

Feature Descriptions

Association Amenities: Business Center, Picnic Area
Days on Site: 44
Lot Dimensions: 48'x131'
Parcel#: 32503-400-292
Pool: Gas Heat, In Ground, Screen Enclosure, Salt Water, Private
Sewer: Public Sewer
Swimming Pool: Yes
Utilities: Electricity Available

Room Sizes

Bedroom: 12.5 X 13.58 Level - First
Primary Bedroom: 15.17 X 16.17 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

Listed By / Shown By

Listed By

Agency Name: Watersound Real Estate

Shown By

Agent Name: Kennady North
Agent Phone: (720) 563-1324
Agency Title: Premier Property Group

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Estimated Payment

$ 2,462.45 per month $1,672.51 Principal & Interest $570.75 Property Tax $219.19 Homeowner's Insurance

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