8822 Coral Reef Way

Panama City Beach, FL 32413

Coastal

Panama City Beach, FL 32413

8822 Coral Reef Way

$629,900

MLS#: 794606

Status: Active

Listing provided by: Coldwell Banker Realty

Listing agent phone: None

Last update: 9 days ago

On site: a month ago

Latitude at Watersound - Residential

About

Major Price Improvement! Sellers are ready to sell! Welcome to paradise in Latitude Margaritaville Watersound! This stunning 3-bedroom, 3-bathroom Breeze Bay floor plan spans 2,161 square feet of luxurious active-adult living. The heart of the home is a chef's kitchen featuring premium quartz countertops and an oversized island that comfortably seats six. Transition effortlessly to outdoor living via a massive 4-panel sliding glass door that opens to a fully screened porch--complete with powered full-length sunscreens for ultimate comfort. The primary suite is a private retreat boasting individual his-and-hers closets, dual quartz vanities, a walk-in shower, and ample storage. Each guest bedroom offers privacy with dedicated or adjacent full baths. Notable upgrades include large-format interior wooden window coverings, a dedicated laundry room , a pristine epoxy-coated 2-car garage. Experience resort-style community amenities just minutes from Panama City Beach!

Property

Beds

3

Full Baths

3

1/2 Baths

None

Year Built

2023

Sq.Footage

2,170

Features

Features & Amenities

Interior

  • Other Interior Features

    Double Vanity, Walk-In Closet(s)

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Natural Gas, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    HardiPlank Type, Vinyl Siding, Frame

  • Parking

    Garage, Garage Door Opener

  • Patio and Porch Features

    Porch, Screened

  • Pool

    Yes

  • Pool Features

    Community

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    0.18

  • Lot Size(square feet)

    7,841

  • Property Type

    Residential

  • Property Sub Type

    SingleFamilyResidence

  • Architectural Style

    Coastal

Price

  • Sales Price

    $629,900

  • Tax Amount

    $5,956.34

  • Zoning

    Resid Single Family

  • Sq. Footage

    2,170

  • Price/SqFt

    $290

HOA

  • Association

    YES

  • Association Fee

    $336.84

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • New Construction

    NO

  • Association Amenities

    Management, Pool, Clubhouse, Recreation Facilities

  • Foundation Details

    Slab

  • Senior Community YN

    YES

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Bay

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Listing Courtesy of Alisa Walley, Coldwell Banker Realty

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Charming Victorian at the Beach - 
Step into this unique Victorian-style home situated on a very large corner lot just blocks from the beach. With its classic wrap-around porch and timeless details, this home is filled with warmth, character, and plenty of space for making memories.
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Step outside to enjoy a 316 sq. ft. wrap-around porch and a 144 sq. ft. deck, perfect for morning coffee, breezes, and sunset gatherings.
This is also a prime investment / short-term rental location. Blocks from the beach and just 10 minutes from Pier Park with its endless shopping, dining, and entertainment, and only 5 minutes to scenic 30A and South Walton's upscale dining, boutique shopping, and nightlife, you'll be at the center of everything the coast has to offer.
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New on site 3 days ago
This home is where thoughtful upgrades, everyday comfort, and the unbeatable Breakfast Point community come together. This highly upgraded home backs up to a private preserve with no neighbors behind you or in front of you, giving you peaceful views and room to breathe right in the heart of one of Panama City Beach's most sought-after neighborhoods.

Step inside and you'll feel the difference immediately. Single level, 3-car garage, 5 bedrooms or utilize it for 4 bedrooms and a flex room, 3 baths, screened-in porch and a papered patio with hot tub. Nine-foot ceilings rise to ten feet at the tray ceilings, and oversized eight-foot doors add a sense of openness throughout. Custom shiplap walls, faux wood beams, and decorative millwork throughout.

The kitchen is the heart of the home and a dream for anyone who loves to cook. It features a gas cooktop with pot filler, a stainless gourmet appliance package, a French door refrigerator, quartz countertops, and an apron-front sink. Cabinets reach all the way to the ceiling with crown molding, soft-close doors and drawers, and a beautifully finished island where everyone naturally gathers. A glass pantry door adds a stylish touch, and a custom drop zone with cubbies keeps backpacks, shoes, and beach bags organized.

The primary suite is your private retreat, with shiplap walls and faux wood beams overhead on the tray ceiling. Its spa-inspired bath has a frameless glass shower with a ceiling-mounted rainshower head and fully tiled surround. Just outside the primary suite and off the living area, outdoor living is where this home shines. A three-panel pocket sliding door stacks neatly and opens the living space to a screened lanai and pavered patio. Sink into the hot tub after a long day, fire up the grill with a built-in gas line, and enjoy the quiet of the preserve behind you. The three-car garage has epoxy floors to match the porch, along with an electronic attic ladder that comes down with a push of a button for easy storage access.

Two additional guest bedrooms and a guest bath with a custom barn door gives privacy on the left side of the house for your guests while two additional guest bedrooms and a guest bath is located at the front of the house for easy access. The fifth bedroom is currently being used as an office and gives you a flexible space for a home office, playroom, gym, or guest room. 

This home has been recently painted on the exterior making it effortless and move-in ready while low-VOC performance paint on the interior, custom blinds and shades throughout, and a washer and dryer that convey make this home feel like home on day one. Peace of mind is built in. The home features impact-resistant, low-E windows and GAF Timberline lifetime shingles. It sits in the X flood zone, has a termite bond, and includes a separate irrigation meter for sprinklers. Best of all, the solar panels will be paid off at closing, giving the next owner lower electric bills from the day you move in.

Life in Breakfast Point is all about community. Hop in the golf cart and cruise the neighborhood, stop by the parks and playgrounds, or catch up with neighbors on an evening ride. Breakfast Point Academy is right in the neighborhood, and Arnold High School is just around the corner. Publix and Home Depot are minutes away for quick errands, and when the weekend comes, the beach is just a short drive down the road.

This is the home, the location, and the lifestyle you've been waiting for.
#796310

Panama City Beach

307 Breakfast Point Boulevard

5 Beds

3 Baths

2,133 Sq.Ft.

$629,000

MLS#: 796310

New on site 3 days ago
Picture this: it's 7 a.m., coffee in hand, and you're strolling across the street to watch the sun come up over the Grand Lagoon. Your boat is in the water from the public ramp one block away before the charter crowd wakes up. By lunch you're toes-in-the-sand at Gulf beach access #11, about half a mile from your door. By sunset you're on the deck at Schooners, about 1.5 miles away. And while you're living the dream, two homes are quietly working for you.

That's what 3707 Mystic Street is: a beach lifestyle that pays its own way. This duplex lives like two separate homes, with two private entries, two separate parking areas and each unit's own patio, so neighbors and guests never feel like they're sharing. Mystic Surf (Unit A) is the guest favorite, with three king bedrooms plus a twin and trundle that sleep eight, surf murals in every bedroom, a kitchen big enough for the whole crew, a cozy electric fireplace and a storage shed for the kayaks and paddleboards. Mystic Sun (Unit B) is the hideaway, with two king suites, a full kitchen, a real wood-burning fireplace for those cool December nights and its own shed.

For the second-home buyer, this is the beach house that doesn't sit empty. Keep one side as your private getaway, with its own entry, parking and patio. Rent the other side to guests and let them help cover your costs. Come down whenever you want, lock the door when you leave, and let the income keep rolling in.

For the investor, this is two income streams on one turnkey property that's already operating as a vacation rental. There's no HOA and nothing to fix, short-term rentals are allowed, and you have the flexibility to run each unit however the market tells you to.

For the buyer hunting for multifamily close to the beach, this is the one that's hard to find. Small multifamily properties this close to both the Gulf and the lagoon rarely come up, especially with true separation between units, a corner lot and room to grow. There's space for boat parking, so your boat lives right at home one block from the ramp. There's also room to add a hot tub, the kind of upgrade guests search for and happily pay more for.

Everything worth doing is close. The Grand Lagoon marinas and charter fleets are 1 to 2 miles away. The trails and snorkeling at St. Andrews State Park are about 2 miles away. A cold one at Buster's Beer & Bait is an easy walk, and Pier Park is roughly 9 miles away.

Now let's talk numbers. Both units have produced 2026 - $74,996 Gross and 2025 - $73,356 Gross

There's no HOA fee eating into your returns, and both units are already up and running, so there's no setup period and no waiting for your first booking. Keep both on the short-term market for maximum income, or put one side on a mid- or long-term lease for steady, predictable cash flow. Adding a hot tub or capturing boat-friendly guests could push those numbers even higher.
#796274

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3707 Mystic Street A-B

5 Beds

2 Baths

2,269 Sq.Ft.

$599,900

MLS#: 796274

New on site 4 days ago
This home is designed for those who love to entertain, host overnight guests and enjoy the Florida lifestyle without spending every weekend maintaining a large backyard. This well maintained David Weekley home in Breakfast Point offers an exceptional combination of indoor-outdoor living, privacy and convenience. The heart of the home is its bright, open-concept kitchen, dining and living area, thoughtfully designed to bring people together. A dramatic 4-panel sliding glass door opens the living space to an impressive 28' x 22' screened patio, essentially creating an additional outdoor living room. Whether hosting friends for dinner, watching your favorite sports team, enjoying cocktails in the evening or simply relaxing with your morning coffee, this is a home made for gathering. Best of all, the patio overlooks protected conservation with no rear neighbors, providing a peaceful, private backdrop without the upkeep of an oversized yard. Inside, the spacious kitchen features abundant cabinetry, generous counter space and a large breakfast bar with plenty of room for guests to gather. The split-bedroom floor plan provides added privacy when company stays over, including a secondary bedroom with its own private bath--ideal for visiting family and friends. Adding even more versatility is a separate flex room that can easily adapt to your lifestyle. Create a comfortable den or TV room, adult beverage lounge, a dedicated home office, workout space, hobby room or playroom. The choice is yours. This additional room gives you valuable space away from the main living area without sacrificing a bedroom. The primary suite is tucked away as a comfortable private retreat and features a spacious bedroom, oversized tiled shower and expansive walk-in closet.
Storage is another standout feature. The 3-car garage provides plenty of room for vehicles, beach gear, bicycles, a golf cart or workshop space, while additional attic decking above the garage adds valuable storage rarely found in homes of this size.
And when you're ready to get outside, Breakfast Point makes it easy to enjoy the neighborhood and the best of Panama City Beach. Beach Access 41 is less than 2 miles away and you can drive the golf cart to the beach! Spend the morning walking or biking the neighborhood, hop on the golf cart for an evening community drive, enjoy the neighborhood parks and fishing ponds, or connect to Gayle's Trails for even more miles of outdoor recreation. Sidewalks throughout the community make it easy to get outside and enjoy the Florida sunshine. Located in the established Breakfast Point community, everyday conveniences are remarkably close. Publix, Starbucks, restaurants, shopping, two emergency clinics, and other services are just outside the neighborhood, while the white-sand beaches of Panama City Beach, Pier Park and Frank Brown Park are only minutes away. If you're looking for a home where the living space is where you'll actually use it--an expansive screened patio, open entertaining areas, flexible guest spaces, abundant storage and a 3-car garage--without the weekend commitment of maintaining a large backyard, this home delivers.
Spend less time on yard work and more time at the beach, entertaining friends, traveling, walking or biking the trails, cruising the neighborhood by golf cart, fishing the community ponds or simply relaxing on your screened patio overlooking conservation land. This is the easy Florida lifestyle you've been looking for.  All measurements and dimensions are approximate and should be verified by the buyer if deemed important. Some pictures are virtually staged. Built ins shown in the study are virtually staged.
#796258

Panama City Beach

316 Johnson Bayou Drive

4 Beds

3 Baths

2,517 Sq.Ft.

$594,999

MLS#: 796258

Major Price Improvement! Sellers are ready to sell!  
Welcome to paradise in Latitude Margaritaville Watersound! This stunning 3-bedroom, 3-bathroom Breeze Bay floor plan spans 2,161 square feet of luxurious active-adult living. The heart of the home is a chef's kitchen featuring premium quartz countertops and an oversized island that comfortably seats six. Transition effortlessly to outdoor living via a massive 4-panel sliding glass door that opens to a fully screened porch--complete with powered full-length sunscreens for ultimate comfort. The primary suite is a private retreat boasting individual his-and-hers closets, dual quartz vanities, a walk-in shower, and ample storage. Each guest bedroom offers privacy with dedicated or adjacent full baths. Notable upgrades include large-format interior wooden window coverings, a dedicated laundry room , a pristine epoxy-coated 2-car garage. Experience resort-style community amenities just minutes from Panama City Beach!

8822 Coral Reef Way

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