8799 Coral Reef Way
Panama City Beach, FL 32413
2394 sqft | 3 beds | 2.5 baths | 0.17 acres | #777668
Description
Perfectly positioned on a $90K premium west-facing water view lot, this Cabana Bay model captures sweeping sunsets over a tranquil pond and preserve. Thoughtfully designed with three bedrooms, two-and-a-half baths, a dedicated custom office, and an extended, enclosed lanai, this home is enhanced by $180K in carefully curated upgrades. It appraised for $877K in October 2024. Surfboards, Televisions, Washer & Dryer, and Ceiling Fixture in Office do not convey.The kitchen showcases top-tier appliances, a decorative range hood, pull-out drawers, and a walk-in pantry. A vaulted beamed ceiling, built-in gas fireplace, designer grasscloth wallpaper, and custom woven blinds infuse the space with refined coastal charm.The primary suite is a serene retreat featuring a spa-inspired shower with frameless glass, custom cabinetry, and discreetly integrated safety rails. Additional highlights include a whole-home generator, tankless water heater, lighted medicine cabinets, upgraded bamboo shelving, epoxy-coated garage floor, and front yard landscape uplighting. In the gated ''55 and Better'' Latitude Margaritaville Watersound, residents enjoy a resort-style pool, state-of-the-art fitness center, pickle ball courts, theater, on-site restaurant, dog park, amphitheater, live daily music and much more. Miles of walking and golf cart trails connect the community's phases and Town Center.Northwest Florida Beaches International Airport, Pier Park entertainment district, a planned public marina, FSU Health Hospital, and a planned lifestyle shopping center offer close proximity to modern conveniences.
Property Details
- InteriorBeamed Ceilings, Bookcases, Fireplace, High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Vaulted Ceilings, Window Treatm
- Utility FeaturesHigh Speed Internet Available, Underground Utilities
- Lot DescriptionLandscaped, Subdivision, Waterfront
- Exterior MaterialsSprinkler Irrigation, Patio
- Sewer InformationPublic Sewer, Storm Sewer
- SubdivisionLatitude at Watersound
- Pool FeaturesCommunity, Pool
- Middle SchoolBreakfast Point
- Property TypePurchase
- Elementary SchoolWest Bay
- Original List Price$799,000
- Property SubtypeDetached
- StyleCoastal
- High SchoolArnold
- Taxes Annual$6,853
- MLS #777668
- Cost799000
- MLS #777668
- Acres0.17
- Square Feet2394
- Year Built2023
- FoundationSlab
- Bathrooms2.5
- CountyBay
- Hoa Fees324
- Bedrooms3
- Full Baths2
- Half Baths1
- Stories1
- Pool1
- Parking Spaces2
- Days on Market (Cumulative)1
Location
Legal
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Last Updated:Â . Source: CPAR
Listing Courtesy
Listing Agent: Laura A Calhoun (#B7620)
Listing Office: Compass Florida, LLC (#CPSFL2)
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