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8944 Coral Reef Way
Panama City Beach, FL 32413

$425,000 - Status: Active
Bed Icon Beds: 2
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 1,472
MLS Icon MLS# 788506

Step into the best of low-maintenance, resort-style living in this barely lived-in Aloha Cottage! Perfectly situated in Phase 4. You're just minutes from the vibrant Town Square amenities of Latitude Margaritaville Watersound -- one of Northwest Florida's premier 55+ active adult communities. Nestled on a fabulous oversized corner lot, this charming 2-bedroom, 2-bath Florida cottage with a versatile flex room delivers 1,472 square feet of thoughtfully designed living space -- complete with upgrades galore, including granite countertops, elevated cabinetry, and beautiful laminate flooring throughout. The spacious kitchen flows seamlessly into the dining and family rooms, while a large laundry room and a lovely screened-in porch add everyday comfort and coastal charm. Just 7 miles from pristine Gulf beaches and situated within a golf-cart-friendly community, you'll enjoy world-class amenities set along the Intracoastal Waterway -- including a resort-style pool, two-story waterfront restaurant, state-of-the-art fitness center with indoor pool and spa, tennis and pickleball courts, and a lively bandshell for concerts and outdoor events. With two garage spaces, furnishings negotiable, and a brand-new Publix coming soon nearby, this turnkey cottage is ready to become your perfect primary retreat or sun-soaked second home. Live where others vacation -- your coastal dream starts here!

Property Features

MLS#: 788506
Zip: 32413
Subdivision: Latitude At Watersound
Development: 0411 - Bay North - West Bay
Property Type: Residential
Cooling: Central Air
Garage: 2
Heating: Central, Electric
Home Style: Florida
Roof Type: Composition, Shingle
Taxes: $4,781
Year Built: 2023
SQFT (H&C): 1,472

Feature Descriptions

Appliances: Electric Oven, Electric Range, Tankless Water Heater
Association Amenities: Business Center, Gated
Community Features: Business Center, Clubhouse, Fitness Center, Gated, Pool
Exterior: HardiPlank Type
Exterior Features: Porch
Flooring: Luxury Vinyl Plank
Interior Features: Coffered Ceiling(s)
Lot Description: Paved
Parcel#: 32503-400-176
Parking: Gated
Parking Notes: Gated
Patio/Porch: Covered, Porch, Screened
Pool: Community
Security: Carbon Monoxide Detector(s), Fire Alarm, Security Gate, Smoke Detector(s), Security Service
Sewer: Public Sewer
Swimming Pool: Yes
Utilities: Electricity Available, Underground Utilities

Room Sizes

Living Room: 18.7 X 16.6 Level - First
Dining Room: 12.7 X 12.1 Level - First
Bedroom: 11.2 X 14.7 Level - First
Bedroom: 10.11 X 10.4 Level - First
Primary Bedroom: 13.5 X 14.2 Level - First

Local Schools

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

8944 Coral Reef Way | MLS# 788506

This home located at 8944 Coral Reef Way, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $425,000. This property was built in 2023 and has 2 bedrooms and 2 full baths with 1472 sq. ft. Coral Reef Way is located in the Latitude at Watersound subdivision. Search Latitude At Watersound real estate on jwoodward.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Legacy Premier Agency

Shown By

Agent Name: Julie Woodward
Agent Phone: (850) 874-9100
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 04/17/2026. The listing information on this page last changed on 04/17/2026. 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 Fri 04/17/2026 5:20:18 AM EST) or Emerald Coast MLS (last updated Fri 04/17/2026 12:05:32 AM EST) or Central Panhandle Association of Realtors (last updated Fri 04/17/2026 1:17:19 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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