Escape to paradise in this stunning Cabana single-family home nestled within the vibrant, Jimmy Buffett-inspired 55+ community of Latitude Margaritaville Watersound, where ''Growing Older, Not Up'' is a celebrated way of life! Located in the desirable Phase 4, just a breezy 3-minute golf cart ride from the town center and resort-style amenities, this meticulously maintained 2,393 sqft home offers the perfect blend of luxury and laid-back living. The Cabana floor plan features 2 spacious bedrooms, 2.5 beautifully appointed bathrooms, a formal dining room, a cozy breakfast nook, a versatile den, and a bonus room - providing ample space for entertaining visiting friends and family who are eager to experience the Margaritaville lifestyle. This home is brimming with exquisite and practical upgrades, adding exceptional value and convenience. Enjoy peace of mind with a whole-house Generac generator and extended Wi-Fi package. Custom-built closets in the master suite and laundry room offer exceptional organization, while plantation shutters and custom blinds on the slider doors add a touch of elegance and privacy. The epoxy-floored garage features custom cabinetry and a utility sink, creating the ultimate workshop or storage space. Step inside and be greeted by a grand sense of arrival. Stunning Level 3 wood-look tile flows seamlessly throughout the main living areas, complemented by soaring ceilings and trendy wall accent and picture lighting in the entry hall, great room, dining room, and master suite - perfect for showcasing your cherished artwork and family photos. With three flexible rooms, you can easily adapt the space to your needs. Create a formal dining area, a home office or media room, a fun lounge, or a cozy rec room for the grandkids. The possibilities are endless! The Cabana offers abundant storage, including a coveted walk-in pantry in the kitchen and a huge pantry in the laundry room. The Level 4 quartz countertops are simply breathtaking, paired with Level 3, 42-inch cabinetry throughout the home, complete with under and over-cabinet lighting to set the perfect ambiance. Step through the expansive sliders onto the extended, screened-in lanai with sealed pavers and soak in the tranquil views of the serene pond - the perfect spot for enjoying a glass of wine and unwinding after a long day. When it's time to retreat for the night, indulge in the luxurious soaking tub in your master bath, or cozy up in the sitting area within your master bedroom. Custom lighting and fans throughout the home add the final touch of elegance and sophistication, making it the perfect retreat for embracing the ''Growing Older, Not Up'' lifestyle. Don't miss this incredible opportunity to experience luxurious living in paradise! Schedule your private tour today and discover firsthand what makes this Cabana so special. Your dream lifestyle in Latitude Margaritaville Watersound awaits!Enjoy the transferrable 2-10 builders warranty for peace of mind. Latitude Margaritaville is the most sought after 55+ community in the country with unmatched amenities including a private restaurant with 3 bars, resort pool, live music daily, pickleball, bocce ball, cornhole, putting green, Fins Up Fitness Center, indoor lap pool & whirlpool and a full lifestyle staff who dedicate their days to ensuring your fun! Phase 2 of the amenities include a full size theatre for comedy and tribute bands, Barkaritaville dog spa, woodworking shop, pottery room, business center and community rooms for clubs, groups, tastings and food demonstrations. The public retail has also begun with the golf cart store in full swing, Capital City Bank has opened and we are anticipating the grocery store, restaurants and other boutique shopping soon as well as a Public Marina...all through St Joe!
For sale
$739,900
8737 Coral Reef Way, Panama City Beach, FL 32413
2beds
2,393sqft
Est.:
Single Family Residence
Built in 2023
7,405.2 Square Feet Lot
$714,300 Zestimate®
$309/sqft
$308/mo HOA
What's special
Epoxy-floored garageTrendy wall accentBonus roomCozy breakfast nookFlexible roomsExtended screened-in lanaiVersatile den
- 10 days
- on Zillow |
- 310 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 12:41pm
Listed by:
Terri M Snyder 717-649-3191,
Bob Hodges And Sons Realty
Source: CPAR,MLS#: 772050
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 308.06
- Dimensions: 14.6 x 21.1
Bedroom
- Level: First
- Area: 175.14
- Dimensions: 12.6 x 13.9
Bonus room
- Level: First
- Area: 141.12
- Dimensions: 12.6 x 11.2
Breakfast room nook
- Level: First
- Area: 85.68
- Dimensions: 10.2 x 8.4
Dining room
- Level: First
- Area: 139.86
- Dimensions: 12.6 x 11.1
Garage
- Level: First
- Area: 411.28
- Dimensions: 19.4 x 21.2
Great room
- Level: First
- Area: 259.58
- Dimensions: 13.11 x 19.8
Heating
- Central, Heat Pump
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Oven, Freezer, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater
Features
- High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Split Bedrooms, Shutters, Vaulted Ceiling(s)
- Windows: Plantation Shutters
Interior area
- Total interior livable area: 2,393 sqft
Video & virtual tour
Property
Parking
- Parking features: Attached, Driveway, Garage, Garage Door Opener
- Attached garage spaces: 2
- Details: Driveway Spaces:2.00
Features
- Patio & porch: Covered, Patio, Porch, Screened
- Exterior features: Sprinkler/Irrigation, Porch, Rain Gutters
- Pool features: Community
- Spa features: Community
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 57.96 x 144.66
- Features: Close to Clubhouse, Landscaped, Pond on Lot
Details
- Parcel number: 32503350156
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Wood Frame
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 2023
Utilities & green energy
- Electric: Generator
- Sewer: Storm Sewer
- Utilities for property: Cable Available, High Speed Internet Available, Trash Collection, Underground Utilities
Community & HOA
Community
- Features: Business Center, Clubhouse, Elevator, Fitness Center, Pickleball, Pool, Restaurant, Short Term Rental Allowed, Tennis Court(s), Gated
- Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
- Senior community: Yes
- Subdivision: Latitude At Watersound
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Clubhouse, Legal/Accounting, Maintenance Grounds, Pool(s), Sprinkler, Tennis Courts
- HOA fee: $308 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $309/sqft
- Annual tax amount: $5,162
- Date on market: 4/15/2025
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
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