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8863 Coral Reef Way, 
Panama City Beach, FL 32413

$759,000


2

Beds


2

Baths


1,940

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Robert Mcguigan

Anthony Fox

Watersound Real Estate

Last updated:

March 8, 2026, 07:40 PM

MLS#

786295

Source:

FL BCMLS

About This Home

8863 Coral Reef Way

PARROT - Welcome to 8863 Coral Reef Way, a beautifully upgraded Parrot model in highly desirable Phase 4, where many believe you're in the sweet spot of the community. Close enough for a quick golf cart ride to Town Square, yet far enough away to enjoy peace, privacy, and that relaxed island pace of life. Set on a premium wooded 4B lot, you don't see neighbors behind you -- just natural beauty. It's the kind of backyard where you can sip something cold, listen to your favorite Buffett playlist, and feel like you've permanently escaped the mainland. And then there's the showstopper. The SWIMMING POOLl and hot tub are absolutely spectacular. This is not an afterthought pool. This is a full backyard retreat designed for sunset swims, weekend gatherings, and quiet evening soaks under the stars. If Jimmy were writing about a backyard in Watersound, this might be it. Inside, this Parrot is completely move-in ready and loaded with upgrades: • Generac whole house generator • Quartz countertops throughout • Extended kitchen counter with matching quartz backsplash • Upgraded cabinets with soft close doors, crown molding, side panels, pulls, and dual trash cans • Cabinets, counter, and sink in the laundry room • Upgraded appliances • Laminate flooring throughout most of the home • Upgraded trim throughout Both bathrooms feature upgraded tile floors and walls, frameless glass shower surrounds, upgraded shower heads, automatic exhaust timer switches, and a no curb entry in the main bath shower for a clean, seamless look. Additional highlights include: • Designer lighting over kitchen counters and table • Whole home WiFi with extender • WiFi garage door opener • Epoxy garage floor, shelving, and added attic flooring for storage • Ring cameras and Yale WiFi door locks • TV wall brackets and TV outlet plus gas line on the lanai • High performance ceiling fans • Custom shelving in the main bedroom closets Living in Latitude Margaritaville Watersound isn't just about square footage. It's about lifestyle. Resort style pool overlooking the Intracoastal Waterway, a two story full service restaurant, fitness center with indoor lap pool and spa, pickleball and tennis courts, walking trails, kayak launch, bandshell concerts, hobby rooms, and a social calendar that keeps life as full as you want it to be. And with the St. Joe Company developing the new commercial area along Highway 79, convenience and value continue to grow. This home captures what the Parrot model is all about -- open, bright, inviting -- with the added bonus of privacy, a spectacular pool, and upgrades in all the right places. If you've been waiting for your own little piece of paradise where the days move slower and the sunsets last longer, this is it.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 2023

Price Summary

759,000

$391 per Sq. Ft.

MLS #:

786295

Last Updated:

March 8, 2026, 07:40 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,940 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,940 Sq. Ft.

Year Built:

2023


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$759,000

Price per Sq. Ft:

$391 per Sq. Ft.

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®. Watersound Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Watersound Real Estate, 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 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.