8827 Coral Reef Way

Panama City Beach, FL 32413

8827 Coral Reef Way

$680,000

MLS#: 793741

Status: Active

Listing provided by: LPT Realty LLC

Listing agent phone: None

Last update: 7 days ago 2026-10-01

On site: 2 months ago 2026-08-07

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Motivated seller!! Welcome to your ouwn slice of paradise in Latitude Margaritaville Watersound! Built in 2023, this stunning Breeze Bay plan offers 3 bedrooms, 3 full bathrooms, and the perfect blend of luxury, comfort, and resort-style living. Ideally situated on one of the most beautiful views pond and preserve looking out provides . This provides such a peaceful view your from screended in lanai, creating the perfect space to enjoy your morning coffee, entertain friends, or unwind while taking in Florida's beautiful sunsets. Inside, you'll find a spacious, open-concept design that seamlessly connects the living, dining, and kitchen areas, making everday and entertaining effortless. The floorplan offers generous bedrooms, well appointed bathrooms, and flexible living spaces that accomodate guests while maintaing privacy and comfort. Life at Latitude Margaritaville Watersound is about so much more than the home- it's about embracing and incredible lifestyle. Residents enjoy world-class ammenities, including a spectacular Town Square, resort style pool, state-of the-art fitness center, pickleball and tennis courts, walking and biking trails, dog park, Latitude Bar& Chill restaurant, live entertainment, social clubs, and an endless calendar of activities designed for active adults. Conveniently located near the white-sand beaches of the Emerald Coast, scenic Highway 30A, shopping, dining, entertainment, and Northwest Florida Beaches International Airport, you'll enjoy access to everything that makes the Pana!ma City Beach area such a desireable place to call home. Whether you're searching for a full-time residence or the ultimate Florida retreat, this exceptional home views, and the award-winning Latitude Margaritaville lifestyle. Come see why every day truly feels like a vacation

Property

Beds

Full Baths

1/2 Baths

None

Year Built

2023

Sq.Footage

2,170

Features

Features & Amenities

Interior

Other Interior Features

Walk-In Closet(s)
Total Bedrooms

3
Bathrooms

3
Cooling YN

YES
Cooling

Central Air
Pet friendly

N/A

Exterior

Garage

Yes
Garage spaces

2
Construction Materials

HardiPlank Type
Parking

Garage, Garage Door Opener, Gated
Patio and Porch Features

Porch, Covered, Patio, Screened
Pool

Yes
Pool Features

Community
Waterfront YN

NO
View

Water

Area & Lot

Lot Features

Paved
Lot Size(acres)

0.16
Lot Size(square feet)

6,534
Property Type

Residential
Property Sub Type

SingleFamilyResidence

Price

Sales Price

$680,000
Tax Amount

$6,175.77
Zoning

Resid Single Family
Sq. Footage

2,170
Price/SqFt

$313

HOA

Association

YES
Association Fee

$352.89
Association Fee Frequency

Monthly
Association Fee Includes

N/A

School District

Elementary School

West Bay
Middle School

Surfside
High School

Arnold

Property Features

Stories

1
New Construction

NO
Accessibility Features

Central Living Area
Association Amenities

Pool, Gated, Barbecue, Picnic Area, Clubhouse, Maintenance Grounds, Recreation Facilities, Tennis Court(s)
Senior Community YN

YES
Sewer

Public Sewer

Schedule

Schedule a Showing

Showing scheduled successfully.

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Location

County

Bay
Elementary School

West Bay
Middle School

Surfside
High School

Arnold

Listing Courtesy of Teresa K Stryker, LPT Realty LLC

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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.

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3707 Mystic Street A-B

5 Beds

2 Baths

2,269 Sq.Ft.

$599,900

MLS#: 796274

Motivated seller!! Welcome to your ouwn slice of paradise in Latitude Margaritaville Watersound!
Built in 2023, this stunning Breeze Bay plan offers 3 bedrooms, 3 full bathrooms, and the perfect blend of luxury, comfort, and resort-style living. Ideally situated on one of the most beautiful views pond and preserve looking out provides . This provides such a peaceful view your from screended in lanai, creating the perfect space to enjoy your morning coffee, entertain friends, or unwind while taking in Florida's beautiful sunsets.
Inside, you'll find a spacious, open-concept design that seamlessly connects the living, dining, and kitchen areas, making everday and entertaining effortless. The floorplan offers generous bedrooms, well appointed bathrooms, and flexible living spaces that accomodate guests while maintaing privacy and comfort.
Life at Latitude Margaritaville Watersound is about so much more than the home- it's about embracing and incredible lifestyle. Residents enjoy world-class ammenities, including a spectacular Town Square, resort style pool, state-of the-art fitness center, pickleball and tennis courts, walking and biking trails, dog park, Latitude Bar& Chill restaurant, live entertainment, social clubs, and an endless calendar of activities designed for active adults. Conveniently located near the white-sand beaches of the Emerald Coast, scenic Highway 30A, shopping, dining, entertainment, and Northwest Florida Beaches International Airport, you'll enjoy access to everything that makes the Pana!ma City Beach area such a desireable place to call home.
Whether you're searching for a full-time residence or the ultimate Florida retreat, this exceptional home views, and the award-winning Latitude Margaritaville lifestyle. Come see why every day truly feels like a vacation

8827 Coral Reef Way

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8827 Coral Reef Way