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8475 Coral Reef Way, Panama City Beach, FL 32413

Panama City Beach, FL 32413
  • 2 Beds
  • 3 Baths
  • 2,072 Sq Ft
  • 2021 Built
  • MLS 790824

About this home

Welcοme tο 8475 Cοrаl Reеf Waу, where exceptional upgradеs, breathtаking preserve views, and an active coastal lifestyle come together in one remarkable home. This beautifully maintained 2 bedroom, 2.5 bathroom with bonus room, single-family residence offers the perfect balance of luxury, comfort, and convenience in one of Panama City Beach's most desirable gated communities. Designed for both everyday living and entertaining, the open-concept floor plan features spacious living areas, abundant natural light, upgraded appliances, whole-house plantation shutters, and thoughtfully selected finishes throughout. The well-appointed kitchen flows seamlessly into the dining and living spaces, creating an inviting atmosphere for gatherings with family and friends. The private owner's suite provides a peaceful retreat, while additional guest accommodations offer comfort and flexibility for visitors. Step outside to enjoy tranquil preserve views, creating a picturesque setting for morning coffee, evening cocktails, or simply relaxing and enjoying Florida's natural beauty. Residents enjoy access to an impressive collection of resort-inspired amenities, including an on-site restaurant overlooking the Intracoastal Waterway, a bandshell hosting live music and community events, a fitness center, resort-style pool, pickleball courts, tennis courts, bocce ball courts, walking trails, and a dedicated dog park. The community is both golf-cart friendly and dog friendly, making it easy to enjoy the neighborhood, visit friends, attend events, or take your four-legged companion out for a stroll. The recreational amenities are just a 10-minute walk or a 2-minute golf cart ride from the home. Everyday convenience continues to improve with a new Publix grocery store planned at the entrance to the community, along with additional retail shops, dining options, and service businesses that will further enhance the neighborhood lifestyle. Current shopping, dining, and entertainment destinations, including Pier Park, are approximately 8 miles away. Medical facilities, including major healthcare providers and specialty services, are within approximately 10 miles, while Northwest Florida Beaches International Airport is approximately 12 miles away, making travel convenient for both residents and guests. Whether you're seeking a primary residence, seasonal retreat, or the next chapter of an active Florida lifestyle, 8475 Coral Reef Way offers an outstanding opportunity to enjoy beautiful surroundings, premium upgrades, a welcoming neighborhood atmosphere, and easy access to everything Panama City Beach has to offer. Seller will consider lease to buy option.

Property details

Property typeSingleFamilyResidence
StatusActive
Area04 - Bay County - North
SubdivisionLatitude at Watersound
CityPanama City Beach
CountyBay
Zip32413
StyleFlorida
Taxes$5,783
Tax year2025
HOAYes
HOA fee$389/mo
Special conditionsListedAsIs

Interior

Total rooms6
Full baths2
Half baths1
AppliancesEnergyStarQualifiedAppliances,ElectricWaterHeater,GasRange
CoolingCentralAir,CeilingFans
HeatingElectric,ForcedAir
Interior featuresDoubleVanity,MainLevelPrimary,SmartHome,SmartThermostat,WalkInClosets,HomeTheater

Exterior & lot

Lot size0.16 acres
Lot dimensions49 x 131
RoofAsphalt
PoolCommunity
GarageYes
Exterior featuresPorch, Rain Gutters

Schools

ElementaryWest Bay
MiddleSurfside
HighArnold

Community

Community featuresBasketball Court, Business Center, Fitness Center, Media Room, Pool, Tennis Courts, Gated
DirectionsFrom Panama City Beach Parkway, turn North onto 79, go over the Intercoastal Bridge. At the 2nd traffic light, make a left onto Westbay Parkway, make your first left onto Margaritavile Blvd. After entering through security gate, make you first left onto Coral Reef Way. The home is 3rd house on the right.

Data source: Central Panhandle Association of REALTORS®

Location

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