8944 Coral Reef Way, Panama City Beach, FL 32413 (MLS# 1000857)

Description

Step into the best of low-maintenance, resort-style living in this barely lived-in Aloha Cottage! Perfectly situated in Phase 5 near the golf cart underpass, 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

Supplements: 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!

General Property Info

Sub-Type: Attached Single Unit Design: Florida Cottage SqFt Source: County PA Records Garage: Yes Carport: No Assigned Spaces: 1 Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1472 Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 # Stories: 1 Year Built: 2023 Garage Spaces: 2

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 283.29 List Date: 2026-04-17 Current Price: $417,000 List Price: $417,000

Location, Tax and Legal

Sub Area: 2711 - Bay North - West Bay Elementary School: West Bay Middle School: Surfside High School: Arnold Legal Description: Latitude At Watersound Area 1 Phase 4B Lot 4405 Orb 4792 P 991

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 340.82 Annual Assessment Amount: 4089.84 Assessment Paid: Monthly New Buyer Fee: Yes New Buyer Fee Amt: 600 New Buyer Fee Paid: $ Last Taxes: 4780.64 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Step into the best of low-maintenance, resort-style living in this barely lived-in Aloha Cottage! Perfectly situated in Phase 5 near the golf cart underpass, 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

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Sidewalk: 1 Survey Available: 1

Project Facilities

Community Room: 1 Exercise Room: 1 Gated Community: 1

Construction/Siding

Siding CmntFbrHrdBrd: 1

Utilities

Public Sewer: 1 Public Water: 1 Underground: 1

Zoning

Resid Single Family: 1

Exterior

Patio Covered: 1

Interior

Breakfast Bar: 1 Ceiling Vaulted: 1 Floor Tile: 1 Floor Vinyl: 1 Lighting Recessed: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1

Energy

AC - Central Elect: 1 Heat Cntrl Electric: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Shower Only: 1

Master Bedroom

First: 1

Bedroom

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Security: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 27 - Bay County Street #: 8944 Street Name: Coral Reef Street Suffix: Way State: FL Zip Code: 32413 County: Bay Project Name/Subdivision: Latitude Margaritaville Parcel ID: 32503-400-176

Property Features

Construction Status: Construction Complete Lot Features: Sidewalk; Survey Available Zoning: Resid Single Family Parking Features: Garage Attached Project Facilities: Community Room; Exercise Room; Gated Community Exterior: Patio Covered Interior: Breakfast Bar; Ceiling Vaulted; Floor Tile; Floor Vinyl; Lighting Recessed Appliances: Dishwasher; Disposal; Microwave; Refrigerator Utilities: Public Sewer; Public Water; Underground Energy: AC - Central Elect; Heat Cntrl Electric Master Bedroom: First Bedroom: First Living Room: First Rooms: Bedroom; Living Room; Master Bedroom Financing: Conventional; FHA; VA Fees Include: Accounting; Ground Keeping; Security

Room Information

Master Bedroom Level: First Dimensions: 13.5 x 14.2 Length: 13.50 Width: 14.20 Dimensions: 13.5 x 14.2 Bedroom Level: First Dimensions: 10.11 x 10.4 Length: 10.11 Width: 10.40 Dimensions: 10.11 x 10.4 Bedroom Level: First Dimensions: 11.2 x 14.7 Length: 11.20 Width: 14.70 Dimensions: 11.2 x 14.7 Living Room Level: First Dimensions: 18.7 x 16.6 Length: 18.70 Width: 16.60 Dimensions: 18.7 x 16.6