8944 Coral Reef Way, Panama City Beach, FL 32413
$417,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,472
Status:
Active
Current Price:
$417,000
List Date:
4/17/2026
Last Modified:
6/02/2026
Description
Step into the best of low-maintenance, resort-style living in this barely lived-in Aloha Cottage! Perfectly situated in Phase 5 near the golf cart underpass, you're just minutes from the vibrant Town Square amenities of Latitude Margaritaville Watersound -- one of Northwest Florida's premier 55+ active adult communities. Nestled on a fabulous oversized corner lot, this charming 2-bedroom, 2-bath Florida cottage with a versatile flex room delivers 1,472 square feet of thoughtfully designed living space -- complete with upgrades galore, including granite countertops, elevated cabinetry, and beautiful laminate flooring throughout. The spacious kitchen flows seamlessly into the dining and family rooms, while a large laundry room and a lovely screened-in porch add everyday comfort and
Supplements: coastal charm. Just 7 miles from pristine Gulf beaches and situated within a golf-cart-friendly community, you'll enjoy world-class amenities set along the Intracoastal Waterway -- including a resort-style pool, two-story waterfront restaurant, state-of-the-art fitness center with indoor pool and spa, tennis and pickleball courts, and a lively bandshell for concerts and outdoor events. With two garage spaces, furnishings negotiable, and a brand-new Publix coming soon nearby, this turnkey cottage is ready to become your perfect primary retreat or sun-soaked second home. Live where others vacation -- your coastal dream starts here!
More Information MLS# 1000857
General Property Info
Sub-Type: Attached Single Unit
Design: Florida Cottage
SqFt Source: County PA Records
Garage: Yes
Carport: No
Assigned Spaces: 1
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 1472
Bedrooms: 2
Full Baths: 2
Total Bathrooms: 2
# Stories: 1
Year Built: 2023
Garage Spaces: 2
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 283.29
List Date: 2026-04-17
Current Price: $417,000
List Price: $417,000
Location, Tax and Legal
Sub Area: 2711 - Bay North - West Bay
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Legal Description: Latitude At Watersound Area 1 Phase 4B Lot 4405 Orb 4792 P 991
Listing Info, Tax & Legal
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: 4780.64
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Step into the best of low-maintenance, resort-style living in this barely lived-in Aloha Cottage! Perfectly situated in Phase 5 near the golf cart underpass, you're just minutes from the vibrant Town Square amenities of Latitude Margaritaville Watersound -- one of Northwest Florida's premier 55+ active adult communities. Nestled on a fabulous oversized corner lot, this charming 2-bedroom, 2-bath Florida cottage with a versatile flex room delivers 1,472 square feet of thoughtfully designed living space -- complete with upgrades galore, including granite countertops, elevated cabinetry, and beautiful laminate flooring throughout. The spacious kitchen flows seamlessly into the dining and family rooms, while a large laundry room and a lovely screened-in porch add everyday comfort and
Construction Status
Construction Complete: 1
Parking Features
Garage Attached: 1
Lot/Parcel Access
Paved Road: 1
Lot Features
Sidewalk: 1
Survey Available: 1
Project Facilities
Community Room: 1
Exercise Room: 1
Gated Community: 1
Construction/Siding
Siding CmntFbrHrdBrd: 1
Utilities
Public Sewer: 1
Public Water: 1
Underground: 1
Zoning
Resid Single Family: 1
Exterior
Patio Covered: 1
Interior
Breakfast Bar: 1
Ceiling Vaulted: 1
Floor Tile: 1
Floor Vinyl: 1
Lighting Recessed: 1
Financing
Conventional: 1
FHA: 1
VA: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Energy
AC - Central Elect: 1
Heat Cntrl Electric: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Shower Only: 1
Master Bedroom
First: 1
Bedroom
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Living Room: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Security: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 27 - Bay County
Street #: 8944
Street Name: Coral Reef
Street Suffix: Way
State: FL
Zip Code: 32413
County: Bay
Project Name/Subdivision: Latitude Margaritaville
Parcel ID: 32503-400-176
Property Features
Construction Status: Construction Complete
Lot Features: Sidewalk; Survey Available
Zoning: Resid Single Family
Parking Features: Garage Attached
Project Facilities: Community Room; Exercise Room; Gated Community
Exterior: Patio Covered
Interior: Breakfast Bar; Ceiling Vaulted; Floor Tile; Floor Vinyl; Lighting Recessed
Appliances: Dishwasher; Disposal; Microwave; Refrigerator
Utilities: Public Sewer; Public Water; Underground
Energy: AC - Central Elect; Heat Cntrl Electric
Master Bedroom: First
Bedroom: First
Living Room: First
Rooms: Bedroom; Living Room; Master Bedroom
Financing: Conventional; FHA; VA
Fees Include: Accounting; Ground Keeping; Security
Room Information
Master Bedroom
Level: First
Dimensions: 13.5 x 14.2
Length: 13.50
Width: 14.20
Dimensions: 13.5 x 14.2
Bedroom
Level: First
Dimensions: 10.11 x 10.4
Length: 10.11
Width: 10.40
Dimensions: 10.11 x 10.4
Bedroom
Level: First
Dimensions: 11.2 x 14.7
Length: 11.20
Width: 14.70
Dimensions: 11.2 x 14.7
Living Room
Level: First
Dimensions: 18.7 x 16.6
Length: 18.70
Width: 16.60
Dimensions: 18.7 x 16.6
Listing Office:
Legacy Premier Agency LLC
Listing Agent:
Tyler S Smith
Last Updated: June - 02 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.