1. Florida
2. Panama City Beach
3. 8799 Coral Reef Way

8799 Coral Reef Way, Panama City Beach, FL 32413

• 3 beds |
• 3 baths |
• 2,394 sqft

Property Description

Perfectly positioned on a $90K premium west-facing water view lot, this Cabana Bay model captures sweeping sunsets over a tranquil pond and preserve. Thoughtfully designed with three bedrooms, two-and-a-half baths, a dedicated custom office, and an extended, enclosed lanai, this home is enhanced by $180K in carefully curated upgrades. It appraised for $877K in October 2024. Surfboards, Televisions, Washer & Dryer, and Ceiling Fixture in Office do not convey.The kitchen showcases top-tier appliances, a decorative range hood, pull-out drawers, and a walk-in pantry. A vaulted beamed ceiling, built-in gas fireplace, designer grasscloth wallpaper, and custom woven blinds infuse the space with refined coastal charm.The primary suite is a serene retreat featuring a spa-inspired shower with frameless glass, custom cabinetry, and discreetly integrated safety rails. Additional highlights include a whole-home generator, tankless water heater, lighted medicine cabinets, upgraded bamboo shelving, epoxy-coated garage floor, and front yard landscape uplighting. In the gated ''55 and Better'' Latitude Margaritaville Watersound, residents enjoy a resort-style pool, state-of-the-art fitness center, pickle ball courts, theater, on-site restaurant, dog park, amphitheater, live daily music and much more. Miles of walking and golf cart trails connect the community's phases and Town Center.Northwest Florida Beaches International Airport, Pier Park entertainment district, a planned public marina, FSU Health Hospital, and a planned lifestyle shopping center offer close proximity to modern conveniences.

Listing Status:

Active

Date Added:

August 1, 2025 at 05:00AM

Listing Office:

Compass Florida, LLC : (850) 296-9769

MLS ID:

777668

Interior

• General: Beamed CeilingsBookcasesFireplaceHigh CeilingsKitchen IslandPantryRecessed LightingVaulted Ceiling(s)Window Treatments
• Appliances: DishwasherENERGY STAR Qualified AppliancesElectric OvenElectric RangeGas CooktopDisposalGas Water HeaterMicrowaveRefrigeratorRange HoodTankless Water Heater
• Flooring: Luxury Vinyl Plank
• A/C: Central AirElectric
• Heating: CentralElectric
• Fireplace: Fireplace
• Disability Feature: Accessible Washer/DryerAccessible Full BathAccessible BedroomCommon AreaStandby GeneratorGrip-Accessible FeaturesAccessible KitchenCentral Living AreaAccessible DoorsAccessible Entrance
• Eco/Green Feature: Appliances

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Compass Florida, LLC