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8687 Coral Reef Way
Panama City Beach, FL 32413

$575,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 1,685
MLS Icon MLS# 791927

Welcome to one of the most elegant homes you will ever see in Latitude Margaritaville Watersound! Timeless design, exceptional craftsmanship, and luxury finishes combine to create a residence that will shock your senses and surpass any and all professionally designed homes currently available. Located just minutes from Panama City Beach, Scenic Highway 30A, and the Emerald Coast's world-famous beaches, this better-than-new Coconut floor plan has been professionally curated by an accomplished interior designer and showcases a level of quality rarely found in today's new construction. From the moment you step through the elegant glass front door, you'll immediately notice the attention to detail. Extensive crown molding, custom designer lighting, decorative ceiling beams, premium hardwood flooring throughout, designer tile, and carefully selected finishes create an atmosphere that is both sophisticated and inviting. The heart of the home is a stunning chef's kitchen designed for both everyday living and effortless entertaining. Custom soft-close cabinetry, luxurious quartz countertops, designer fixtures, an elegant tile backsplash, pull-out pantry shelving, dedicated pots-and-pans storage, and thoughtfully designed cabinetry provide the perfect blend of beauty and functionality. The spacious great room offers an open, light-filled living area accented by decorative ceiling beams that add warmth and architectural character. Every space has been thoughtfully designed to flow seamlessly, creating an elegant yet comfortable home that lives beautifully. The owner's retreat is a true sanctuary featuring rich hardwood flooring that continues into the oversized walk-in closet, creating the feel of a luxury boutique hotel suite. The spa-inspired primary bath offers upgraded cabinetry with double banks of drawers, luxury quartz countertops, premium fixtures, and designer finishes that transform everyday routines into moments of relaxation. Even the details behind the walls have been considered. Additional electrical outlets have been added throughout the home for convenience, while attic pull-down stairs provide easy access to valuable storage. Premium ceiling fans, upgraded bathroom cabinetry, custom lighting, and countless designer enhancements ensure this home is every bit as functional as it is beautiful. The screened lanai provides the perfect extension of your living space, ideal for morning coffee, afternoon reading, or entertaining friends while enjoying the peaceful surroundings and gentle coastal breezes. Beyond your front door, Latitude Margaritaville Watersound offers an unmatched resort lifestyle featuring multiple restaurants and bars, a spectacular resort-style heated pool, indoor lap pool, state-of-the-art fitness center, pickleball and basketball courts, a full-size theater, Barkaritaville Dog Spa, woodworking studio, business center, countless clubs and social activities, and live entertainment nearly every day of the week. The rapidly expanding Watersound Town Center continues to add shopping, dining, banking, and future marina access, making this one of Northwest Florida's most exciting communities. This is far more than a beautiful home it's a meticulously upgraded Designer's Paradise where every finish was intentionally selected, every detail thoughtfully considered, and every space created to elevate daily living. Simply move in, relax, and enjoy the luxury all around. It's 5 O'clock somewhere so get that golf cart ready to enjoy the lifestyle you spent your whole l

Property Features

MLS#: 791927
Zip: 32413
Subdivision: Latitude At Watersound
Development: 0411 - Bay North - West Bay
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Garage: 2
Home Style: Mediterranean
Lot Size: 0.15 acres
Stories: 1.0
Year Built: 2023
SQFT (H&C): 1,685

Feature Descriptions

Appliances: Electric Cooktop, Gas Water Heater
Association Amenities: Gated, Gazebo
Community Features: Basketball Court, Clubhouse, Conference/Meeting Room, Fitness Center, Fishing, Pool, Shopping, Tennis Court(s), Waterfront, Gated
Exterior: HardiPlank Type, Wood Frame
Exterior Features: Porch
Interior Features: Double Vanity, Main Level Primary, Walk-In Closet(s)
Lot Dimensions: 50.0 ft x 131.0 ft
Parcel#: 32503-350-116
Parking: Gated
Parking Notes: Gated
Patio/Porch: Covered, Patio, Porch, Screened
Pool: Community
Security: Gated Community, Security Gate
Sewer: Public Sewer
Spa: Community
Swimming Pool: Yes
Utilities: Cable Connected, Electricity Available, Underground Utilities

Room Sizes

Bedroom: 12.6 X 11.2 Level - First
Living Room: 15.2 X 18.7 Level - First
Primary Bedroom: 13.2 X 15.1 Level - First

Local Schools

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

8687 Coral Reef Way | MLS# 791927

This single family home located at 8687 Coral Reef Way , Panama City Beach, FL 32413 is currently listed for sale with an asking price of $575,000. This property was built in 2023 and has 3 bedrooms and 2 full baths with 1685 sq. ft. Coral Reef Way is located in the Latitude at Watersound subdivision. Search Latitude At Watersound real estate on catherineanderson.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Watersound Real Estate

Shown By

Agent Name: Catherine Anderson
Agent Phone: (850) 960-3247
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 06/27/2026. The listing information on this page last changed on 06/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/27/2026 12:38:46 AM EST) or Emerald Coast MLS (last updated Sat 06/27/2026 12:05:34 AM EST) or Central Panhandle Association of Realtors (last updated Sat 06/27/2026 12:37:20 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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