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8654 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 980043)

8654 Coral Reef Way, Panama City Beach, FL 32413

$432,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,315 Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $432,900 List Date: 7/02/2025 Last Modified: 5/23/2026

Description

Cocktails by the Paradise Pool, live music echoing from the pavilion, and a fully upgraded cottage where every detail invites you to exhale - welcome to 8654 Coral Reef Way, where Latitude living begins the moment you arrive. Skip the wait to build and step directly into the Camellia floor plan, thoughtfully curated as part of the Conch Cottage Collection in Latitude Margaritaville Watersound. Enhanced by nearly $55,000 in carefully crafted upgrades, this home is a seamless blend of style, function, and the easy, breezy rhythm of coastal resort livin

Supplements: Inside, the mood is unmistakably relaxed. Coastal-inspired tones pair effortlessly with luxury vinyl plank flooring, setting the stage for sunny mornings, impromptu happy hours, and everything in between. The open-concept layout flows naturally from room to room, with the heart of the home - the gourmet kitchen - anchored by 42-inch upgraded cabinetry, a custom extended quartz island, and Whirlpool® stainless appliances ready to support everything from quiet breakfasts to cocktails with friends. When the day winds down, retreat to the primary suite, where peaceful design and practical luxury meet. You will find a frameless glass walk-in shower, dual vanities, and elevated finishes that make even your morning routine feel indulgent. A second bedroom offers flexibility, perfect for guests, hobbies, or a home office that does not feel like an afterthought. The upgrades extend beyond what meets the eye. An epoxy-coated garage, upgraded door hardware, lighting, and thoughtful tech touches bring convenience and refinement to everyday living. For ultimate peace of mind, this home includes impact-rated windows and doors, Low-E glass, a Rinnai® tankless water heater, and Carrier® HVAC. It is all situated in an X Flood Zone with no CDD fees. Step outside to the screened-in porch, where salty breezes and morning light invite you to slow down and savor the moment. Whether you are entertaining or unwinding, this space becomes an effortless extension of your lifestyle. Beyond your doorstep, Latitude Margaritaville Watersound delivers the vibrant resort lifestyle it is famous for. Spend your days lounging in a cabana by the Paradise Pool, catching a live concert at the music pavilion, taking a class at the Fins Up! Fitness Center, or dining with friends just steps from home. With a dog park and pet spa, pickleball courts, walking trails, and a full calendar of clubs and events, every day offers something to look forward to. And with landscaping and exterior maintenance included in your HOA, you will spend less time on chores and more time living. 8654 Coral Reef Way is not just a move-in ready Camellia. It is your front-row seat to the lifestyle you have worked for, dreamed of, and finally found. Come see what it means to truly live in Latitude.

More Information MLS# 980043

General Property Info

Sub-Type: Attached Single Unit Design: Florida Cottage SqFt Source: Building Plan Immediate Occupancy: Yes Garage: Yes Carport: No Assigned Spaces: 1 Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1315 Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 # Stories: 1 Year Built: 2023 Garage Spaces: 2 Acreage: 0.09

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 329.2 List Date: 2025-07-01 Current Price: $432,900 List Price: $432,900

Location, Tax and Legal

Sub Area: 2711 - Bay North - West Bay Elementary School: Southport Middle School: Surfside High School: Arnold Legal Description: LATITUDE AT WATERSOUND AREA 1 PHASE 4A LOT 4240 ORB 4688 P 311

Listing Info, Tax & Legal

Homestead: Yes Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 340.82 Annual Assessment Amount: 4089.84 Assessment Paid: Monthly New Buyer Fee: Yes New Buyer Fee Amt: 600 New Buyer Fee Paid: $ Last Taxes: 3042.66 Last Tax Year: 2025 Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner. As Is: Yes

Remarks & Misc

Remarks: Cocktails by the Paradise Pool, live music echoing from the pavilion, and a fully upgraded cottage where every detail invites you to exhale - welcome to 8654 Coral Reef Way, where Latitude living begins the moment you arrive. Skip the wait to build and step directly into the Camellia floor plan, thoughtfully curated as part of the Conch Cottage Collection in Latitude Margaritaville Watersound. Enhanced by nearly $55,000 in carefully crafted upgrades, this home is a seamless blend of style, function, and the easy, breezy rhythm of coastal resort livin

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1 Guest: 1

Lot/Parcel Access

Controlled Access: 1 Paved Road: 1

Lot Features

Covenants: 1 Interior: 1 Level: 1 Restrictions: 1 Sidewalk: 1 Storm Sewer: 1

Project Facilities

Community Room: 1 Dock: 1 Exercise Room: 1 Gated Community: 1 Marina: 1 Pets Allowed: 1 Pickle Ball: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 Waterfront: 1

Construction/Siding

Concrete: 1 Frame: 1 Roof Dimensional Shg: 1 Roof Pitched: 1 Siding CmntFbrHrdBrd: 1

Utilities

Electric: 1 Gas - Natural: 1 Public Sewer: 1 Public Water: 1

Zoning

Resid Single Family: 1

Exterior

Patio Enclosed: 1 Sprinkler System: 1

Interior

Ceiling Cathedral: 1 Ceiling Crwn Molding: 1 Floor Tile: 1 Furnished - None: 1 Kitchen Island: 1 Lighting Recessed: 1 Pantry: 1 Plantation Shutters: 1 Shelving: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1 Woodwork Painted: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Auto Garage Door Opn: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Refrigerator W/IceMk: 1 Security System: 1 Smoke Detector: 1 Stove/Oven Gas: 1 Washer: 1

Energy

AC - Central Elect: 1 AC - High Efficiency: 1 Heat Cntrl Electric: 1 Heat High Efficiency: 1 Heat Pump Air To Air: 1 Storm Doors: 1 Storm Windows: 1 Water Heater - Gas: 1 Water Heater - Tnkls: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Shower Only: 1 MBath Tile: 1 MBed First Floor: 1 MBed Walk-in Closet: 1

Master Bedroom

First: 1

Bedroom

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Dining Area: 1 Garage: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Management: 1 Master Association: 1 Recreational Faclty: 1 Security: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 27 - Bay County Street #: 8654 Street Name: Coral Reef Street Suffix: Way State: FL Zip Code: 32413 County: Bay Project Name/Subdivision: Latitude at Watersound Parcel ID: 32503-350-480

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Interior; Level; Restrictions; Sidewalk; Storm Sewer Zoning: Resid Single Family Parking Features: Garage Attached; Guest Project Facilities: Community Room; Dock; Exercise Room; Gated Community; Marina; Pets Allowed; Pickle Ball; Pool; Short Term Rental - Allowed; Tennis; Waterfront Exterior: Patio Enclosed; Sprinkler System Interior: Ceiling Cathedral; Ceiling Crwn Molding; Floor Tile; Furnished - None; Kitchen Island; Lighting Recessed; Pantry; Plantation Shutters; Shelving; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Freezer; Microwave; Refrigerator W/IceMk; Security System; Smoke Detector; Stove/Oven Gas; Washer Utilities: Electric; Gas - Natural; Public Sewer; Public Water Energy: AC - Central Elect; AC - High Efficiency; Heat Cntrl Electric; Heat High Efficiency; Heat Pump Air To Air; Storm Doors; Storm Windows; Water Heater - Gas; Water Heater - Tnkls Master Bedroom: First Bedroom: First Living Room: First Rooms: Bedroom; Dining Area; Garage; Living Room; Master Bedroom Financing: Conventional; FHA; VA Fees Include: Accounting; Ground Keeping; Management; Master Association; Recreational Faclty; Security

Room Information

Master Bedroom Level: First Dimensions: 12.1 x 12.2 Length: 12.10 Width: 12.20 Dimensions: 12.1 x 12.2 Bedroom Level: First Dimensions: 12.9 x 11.2 Length: 12.90 Width: 11.20 Dimensions: 12.9 x 11.2 Living Room Level: First Dimensions: 16.2 x 14.1 Length: 16.20 Width: 14.10 Dimensions: 16.2 x 14.1 Dining Area Level: First Dimensions: 12.6 x 11 Length: 12.60 Width: 11.00 Dimensions: 12.6 x 11 Garage Level: First Dimensions: 20.6 x 20 Length: 20.60 Width: 20.00 Dimensions: 20.6 x 20
Listing Office: Live 30A Real Estate LLC
Listing Agent: Peter McLellan
Last Updated: May - 23 - 2026
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