YOUR COASTAL PARADISE awaits with a stunning view of the intracoastal waterway, pond and nature preserve on this one-of-a-kind premium lot. Enjoy your covered lanai with private a pool within a fully enclosed screen system. Discover your perfect retreat and relish your private oasis with a dedicated large green space area directly behind the property just before the golf cart bridge over Tiller Creek. Your lanai provides the picture-perfect setting where you can enjoy a sunshiny day or take in the thunderstorms during summer afternoons or simply enjoy the dazzling sunsets.This gorgeous Cabana floorplan provides a 3-bedroom, 2.5-bath home that also features a spacious den with interior double doors ideal for a home office or hobby space, and a formal dining room (currently used as a retreat). The house has been significantly upgraded, including premium Sherwin Williams satin paint (alabaster color) for the entire interior, and Mohawk laminate Rustic Virtue Ashlar flooring throughout (no carpeting). The great room has LED recessed lighting, a brass floor electrical outlet receptable, and a high and low TV jack dual media outlet. The significantly upgraded kitchen boasts a double wall oven with an electric cooktop and microwave, a large pantry, upgraded cabinets including crown molding, pullout pots and pans drawers, along with base cabinet pullout shelves. There is under cabinet lighting with a dimmer switch, and dove tail cushion close doors and drawers. The granite countertops are Luna Pearl, with 3''x6'' tile backsplash with full height installation, along with a single-bowl undermount stainless steel sink, and best of all--a built-in wine cooler.Upgrades in the master bath include a corner shower ledge, upgraded cabinets with a Luna Pearl granite countertop, 15''x15'' tile flooring, 12''x12'' shower wall tile extending to the ceiling, and a seamless shower brushed nickel enclosure. Bath 2 upgrades include tub and 12''x12'' tile walls, upgraded cabinets with Luna Pearl granite countertop, 15''x15'' tile flooring.The generous 2-car garage includes an insulation package involving the ceiling and walls, providing plenty of storage for your beach essentials and including attic storage with pull-down stairs, a Wi-Fi capable garage door opener, and a dedicated 20-amp outlet for charging a golf cart.The spectacular pool package includes a 9400-gallon saltwater system pool, spa, heat pump, paver deck and screened enclosure. Please be aware that the community pool now requires advance reservations for your guests Friday thru Sunday.Don't miss this rare opportunity to own one of the finest homes in the community! Latitude Margaritaville features astonishing recreation, dining and entertainment opportunities for daily fun and fitness including an amenity center with a resort-style pool, social gathering areas, tiki huts and the poolside Bar & Chill restaurant. The outdoor athletic facilities include tennis and pickleball courts, along with an indoor lap pool and amazing fitness center. The Town Square overlooks the Intracoastal Waterway adjacent to the planned public marina which will include both dry storage and wet slips with convenient access to West Bay, Choctawhatchee Bay, and the Gulf of Margaritaville--where every day feels like a vacation. Don't miss out on this amazing opportunity to embrace coastal living at its finest!
For sale
Price cut: $30K (8/10)
$799,000
8835 Coral Reef Way, Panama City Beach, FL 32413
3beds
2,394sqft
Est.:
Single Family Residence
Built in 2023
6,969.6 Square Feet Lot
$804,300 Zestimate®
$334/sqft
$308/mo HOA
What's special
Spectacular pool packageLarge pantrySaltwater system poolPaver deckScreened enclosureCabana floorplanUpgraded cabinets
- 55 days
- on Zillow |
- 988 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: 17 hours ago
Listed by:
Cherissa Cabahug 504-289-5400,
1 Percent Lists Florida Coast
Source: CPAR,MLS#: 774987
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Den, Great Room, Primary Bedroom
Primary bedroom
- Description: MB
- Area: 308.06
- Dimensions: 14.6 x 21.1
Den
- Description: Den
- Level: First
- Area: 163.83
- Dimensions: 12.9 x 12.7
Great room
- Description: Living
- Level: First
- Area: 236.4
- Dimensions: 12 x 19.7
Interior area
- Total interior livable area: 2,394 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Has private pool: Yes
- Pool features: Pool, Private
Lot
- Size: 6,969.6 Square Feet
- Dimensions: .16
Details
- Parcel number: 32503400306
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 2023
Community & HOA
Community
- Subdivision: Latitude at Watersound
HOA
- Has HOA: Yes
- Amenities included: Picnic Area
- Services included: Clubhouse, Legal/Accounting, Maintenance Grounds, Playground, Pool(s), Security, Tennis Courts
- HOA fee: $308 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $590,795
- Date on market: 5/28/2025
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