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8686 Coral Reef Way, Panama City Beach, FL, 32413

$443,900

Home List Price

$5,271*

Closing Credit

2 Bedrooms
2 Full Baths
1,315 SqFt
$338/SqFt
Townhouse

Location

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8686 Coral Reef Way, Panama City Beach$443,900

Buyer Closing Credits

$5,271*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAdditional Parking, Attached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2023
HeatingCentral, Electric, Heat Pump
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
MLS #764050
StatusActive

About 8686 Coral Reef Way

Gorgeous Highly upgraded Camellia Cottage in sought after Latitude Margaritaville Watersound! This beautiful 55+ Active Adult community sits along the Intracoastal Watersound offering residents an unparalleled lifestyle. The Gulf of Mexico, pristine sugar white beaches are just 7 miles away! This home is highly upgraded with so many quality finishes. An oversized exterior lot with large front yard, offering lots of privacy. Step in to the covered screened porch and enjoy morning coffee and spectacular sunset views. The spacious family room has a vaulted, beamed ceiling, open to a large cooks kitchen, seller replaced the builder grade range with a highly upgraded electric range, 42'' cabinets with pull-outs/soft close cabinets, quartz countertops and large island. Kitchen with crown-molding. Separate dining room with a custom shiplap wall, wonderful for dinner parties and more! Master bedroom with a custom shiplap wall, recessed lighting with reader lights, a large walk-in closet, tiled shower, seamless shower door, double vanities. Upgraded, Laminate Revwood by Mohawk floors throughout, tile floors baths and laundry. 8 ft doors throughout, all windows have custom Plantation Wood Shutters with split-tilt, upper and lower can function separately. Upgraded facets throughout home. Insulated garage package, Polyurea finish on garage floors and patio. Interior paint professionally painted with custom colors and high quality Sherwin Williams Emerald paint. Seller will consider selling home fully furnished for additional cost outside of the contract. Latitude Margaritaville Watersound amenities offer a 2 story full service restaurant, resort style outdoor pool both overlooking the Intracoastal Waterway, A state of the art fitness center with an indoor lap pool and spa, fitness classes, water aerobics and more. Pickleball and tennis courts, a bandshell with a dance floor and music every Friday and Saturday night / activities year round. Kayak launch, game lawn with bocce ball, cornhole and ping pong. A theater, pet grooming, workshop and ceramics shop is currently being built. A future public marina and commercial area are planned with grocery store, shopping and dining. Home has a builders Master Care warranty in place 2 years from the original build date and a 2/10 year structural warranty from the original build/close date. All lawn care is maintained by the HOA, exterior paint and roof replacement on a maintenance schedule are done by the HOA. Easy, carefree living! Must see this incredible home and community! The lifestyle of this beautiful coastal Florida town awaits you!

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 2023
  • Living Area: 1,315 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Plumbed For Ice Maker
  • Interior: Beamed Ceilings, Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Pantry, Split Bedrooms, Shutters, Smart Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch, Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Additional Parking, Attached, Garage, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump

Other

Directions Information:

  • Directions: Hwy 79 North, to left on West Bay Parkway, follow to 2nd gated entrance on left, to Coral Reef Way, to left on Cheeseburger Dr. - Home on left and faces Cheeseburger - 8686 Coral Reef Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $443,900
  • Price Per SqFt: $338/SqFt

HOA Fees:

  • Amount: $316
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

Med. Sold Price

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

8686 Coral Reef Way vs Panama City Beach

30 DAYS ON ROCKET

-74 Days

$443,900

-$20.8K Less

$338/SqFt

+$9 More

KEY TAKEAWAY

This property is $20.8K less than the Median Sold Price and $9/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #764050

Listing Office:

  • Office Name: Coldwell Banker Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,599

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,397

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-255173
7
/10
  • West Bay Elementary School

  • 14813 School Dr

  • 2.01 miles

  • Public District Grades KG-5

school-card-donut-255174
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 8.30 miles

  • Public District Grades KG-5

school-card-donut-255175
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 11.89 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,720. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8686 Coral Reef Way

What is the listing price of this property?

The listing price of 8686 Coral Reef Way property is $443,900.

What type of property is this?

The property 8686 Coral Reef Way is a townhouse located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 8686 Coral Reef Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8686 Coral Reef Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8686 Coral Reef Way is 1,315 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8686 Coral Reef Way is 2023.

Rocket HomesFloridaBay CountyPanama City Beach324138686 Coral Reef Way

This home is located at 8686 Coral Reef Way in Panama City Beach, FL and zip code 32413. This 1,315 square foot home was built in 2023. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $443,900.

Panama City Beach, FL housing market in October 2024 saw over 5 listings sold above listed price, more than 25 sold at listed price and over 99 sold below. The number of homes for sale in Panama City Beach, FL increased by 0.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $464,783, while the average time on the real estate market was 104 days.

From Rocket Homes Real Estate and based on county public records data.

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