8651 Coral Reef Way, Panama City Beach, FL 32413

$629,000
  • 8651 Coral Reef Way, Panama City Beach, FL 32413 Main Photo

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New to the Market Active
BEDS2 BATHS2 full SQUARE FEET1,934 MLS#1015148
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONLatitude at Watersound

Property Description

NOT ALL WATERFRONT HOMES ARE CREATED EQUAL.**8651 CORAL REEF WAY | LATITUDE MARGARITAVILLE WATERSOUND****THE LOT. THE LOCATION. THE LAYOUT. THE LUXURY. FOUR REASONS THIS HOME STANDS APART.**Some homes check the boxes. Others redefine the standard. Welcome to 8651 Coral Reef Way, an exceptionally upgraded waterfront Parrott floor plan situated on the **largest waterfront lot in Phase 4**, along one of Latitude Margaritaville Watersound's most desirable streets.**RARE LOT. RARE FLOOR PLAN. EXTRAORDINARY FINISHES.**With approximately 20 additional feet of waterfront lot width along the east side, this property offers something especially difficult to duplicate: additional space, an exceptional waterfront setting, and a coveted location. Add one of the community's most sought-after and rarely available floor plans, an unusually deep extended screened lanai, and an extensive collection of custom upgrades, and the result is a home that stands in a class of its own.**THE RENOVATION? NOTHING SHORT OF EXCEPTIONAL.**The sellers spared little expense transforming this residence into a sophisticated coastal retreat. Nearly every detail was thoughtfully considered, from the new luxury vinyl plank flooring, quartz countertops, sea-glass backsplash, updated bronze fixtures, custom window treatments, designer accent walls, and upgraded trim to the stunning shiplap fireplace wall featuring a distinctive natural live-edge wood mantel. The chef-inspired kitchen is anchored by the Parrott plan's signature oversized island and showcases upgraded gas cooking appliances, including a double oven, stylish vent hood, and beautiful custom finishes. A newly epoxied garage floor, dedicated 20-amp fireplace electrical circuit, and thoughtfully positioned lighting controls further demonstrate the exceptional attention to detail.**THE WATERFRONT EXPERIENCE IS THE SHOWSTOPPER.**A soaring vaulted great room opens to a dramatic wall of sliding glass doors, creating a seamless connection to the expansive outdoor living space. The extended screened lanai, among the deepest waterfront extensions in the community, is complemented by newly extended pavers and breathtaking water views. Whether enjoying a quiet morning or entertaining friends, this setting delivers the Florida lifestyle buyers dream about.The secluded primary suite is equally impressive, featuring an expansive waterfront-facing bay window, custom shiplap accent wall, dual closets, custom window coverings, and a beautifully appointed bathroom with a dedicated makeup vanity.**THE PARROTT PLAN. HIGHLY SOUGHT AFTER. RARELY AVAILABLE.**Offering 2 bedrooms, 2 bathrooms, and an oversized bonus room with custom built-in shelving and cabinetry, this layout combines spacious entertaining areas with everyday versatility. The bonus room offers the potential to create a third bedroom by adding a wall and closet, subject to applicable requirements, or can remain an elegant office, guest retreat, or additional living area.**AND THEN THERE'S THE LIFESTYLE.**Located in desirable Phase 4, you're a short golf cart ride from Latitude Margaritaville's celebrated Town Square and resort-style amenities, including pools, pickleball, tennis, fitness center, live music, bandshell, theater, kayak launch, woodworking shop, clay studio, Bar & Chill Restaurant, and waterfront Overlook Bar.Approximately 7 miles from the Emerald Coast's spectacular beaches, the community also offers convenient access to the developing West Bay shopping and di

8651 Coral Reef Way | MLS# 1015148

This single family home located at 8651 Coral Reef Way, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $629,000. This property was built in 2023 and has 2 bedrooms and 2 full baths with 1934 sq. ft. Coral Reef Way is located in the Latitude at Watersound subdivision. Search Latitude At Watersound real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fans, Central Air
Heating: Central
Home Style: Caribbean
Lot Size: 0.20 Acres
Stories: 1.0
Taxes: $4,974
Year Built: 2023

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Tnkls
Association Fee Includes: Accounting, Ground Keeping, Master Association, Recreational Faclty
Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Boat Launch, Community Room, Dock, Exercise Room, Gated Community, Pets Allowed, Picnic Area, Pool, Tennis, Waterfront
Exterior: Foundation Off Grade, Frame, Siding CmntFbrHrdBrd
Exterior: Sprinkler System
Flooring: Floor Vinyl
HOA: Yes
Interior: Ceiling Tray/Cofferd, Ceiling Vaulted, Kitchen Island, Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup
Lot: Cleared, Covenants, Interior, Restrictions, Sidewalk, Survey Available, Within 1/2 Mile to Water, See Remarks
Lot Dimensions: 65.0 ft x 131.0 ft
Parcel Number: 32503-350-106
Patio/Porch: Patio Enclosed, Porch Screened
Pool Features: Pool Type
Property Condition: Construction Complete
Road Frontage: Private Road
Road Surface: Paved
Rooms Total: 11
Sewer: Public Sewer
Special View Info: Pond
Sub Type: Detached Single Family
Utilities: Electric, Phone, Public Water, TV Cable, Underground
Waterfront: Pond
Window: Window Bay, Window Treatment All

Room Sizes

Primary Bedroom: 16 X 15 Level - First
Bedroom: 14 X 13 Level - First
Office: 13 X 10 Level - First
Bonus Room: 13 X 11 Level - First
Living Room: 19 X 14 Level - First
Kitchen: 23 X 11 Level - First
Primary Bedroom: 13 X 8 Level - First
Full Bathroom: 8 X 6 Level - First
Laundry: 16 X 7 Level - First
Garage: 21 X 19 Level - First
Covered Porch: 23 X 10 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty SRB

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 1,997.84 per month $1,399.88 Principal & Interest $414.50 Property Tax $183.46 Homeowner's Insurance

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