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8737 Coral Reef Way, 
Panama City Beach, FL 32413

$645,000


2

Beds


3

Baths


2,393

Sq Ft


Single Family

Active

Listed by

Sheryl Lewis

Last updated:

October 23, 2025, 03:46 AM

MLS#

780748

Source:

FL BCMLS

Company Logo

About This Home

8737 Coral Reef Way

Phase 4 | Cabana Beach Collection | Pond Views! Welcome to luxury coastal living in this highly upgraded Cabana Beach Collection home perfectly situated with peaceful pond views in sought-after Phase 4 of Latitude Margaritaville Watersound. Step inside to a chef's kitchen featuring a gas cooktop, upgraded Colada designer cabinetry with vent hood, walk-in pantry, quartz countertops and backsplash, and rich oiled bronze hardware. The large kitchen island and breakfast room flow seamlessly into the open-concept great room, perfect for entertaining or relaxing in style with a wall of glass sliders opening to an inviting lanai space for extended outdoor living and tranquil pond views. The oversized primary suite showcases a stunning bayed window with pond views, plush carpet, and custom-designed dual closets. The spa-inspired primary bath offers a luxurious soaking tub, frameless shower enclosure with tile shower seat, dual vanities, and elegant finishes. An inviting office, a media room, and a formal dining room—featuring a show-stopping crystal chandelier—add flexibility and sophistication. The dining space can also serve as a bar, game, or craft room to fit your lifestyle. Upgrades abound throughout the home, including ''wood-look'' tile floors in the entry, great room, and dining room. Designer paint, crown molding, plantation shutters, and upgraded lighting and ceiling fans. A whole house GENERAC GENERATOR (cost$13k), art accent lighting, designer laundry storage closet, garage with epoxy floor, utility sink, and custom workshop area reflect thoughtful attention to every detail. HOA dues includes all lawn care and world class amenities. This home has a Structural Warranty that is transferrable to the buyer for 10 years from the original build date. (approx. 7 years left) Enjoy Florida living at its finest on the extended screened lanai with sealed pavers, the perfect spot for morning coffee or sunsets overlooking the serene pond. About Latitude Margaritaville Watersound - This 55+ active adult coastal community is inspired by the lifestyle of fun, freedom, and relaxation. Nestled between the sugar-white sands of the Emerald Coast and the natural beauty of the Florida Panhandle, residents enjoy resort-style amenities including: The lively Town Center with a two story coastal themed restaurant overlooking the Intracoastal Waterway, live music, and entertainment. A resort-style pool with tiki huts and cabanas. Fitness and wellness center, pickleball, tennis, and bocce courts. Walking and biking trails, and golf-cart-friendly pathways with underpasses for easy and safe access throughout the community. Dog park/pet grooming center, woodworking and ceramic workshops, theater and planned community events that make every day feel like a vacation. Commercial space to include Publix Grocery store, bank, dining and shopping. A planned public marina on site as well. Latitude Margaritaville Watersound isn't just a place to live—it's a way of life where neighbors become friends and every sunset is a celebration.

Home Facts

Single Family

3 Baths

2 Bedrooms

Built in 2023

Price Summary

645,000

$269 per Sq. Ft.

MLS #:

780748

Last Updated:

October 23, 2025, 03:46 AM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,393 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,393 Sq. Ft.

Year Built:

2023


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$645,000

Price per Sq. Ft:

$269 per Sq. Ft.

8737 Coral Reef Way
Source:FL BCMLS
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Central Panhandle Association Of REALTORS®. All rights reserved.

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