For sale Home

Listed Oct 28, 2026

$799,000 Est. $5,285/mo

8728 Coral Reef Way

  • 3

    Beds

  • 3

    Baths

  • 2,170

    Sq ft

The story

  • Pool

STUNNING BREEZE BAY WITH CUSTOM SALTWATER POOL & SPA | FULLY FURNISHED WITH GOLF CART | HIGHLY UPGRADED | PRIME PHASE 4 LOCATION! Welcome to resort-style living at its finest in the highly sought-after Latitude Margaritaville Watersound, a premier 55+ active adult community! Located in desirable, close-in Phase 4, this spectacular Breeze Bay floor plan offers an exceptional combination of luxury, comfort, and convenience. Offered fully furnished with a few exclusions AND a golf cart, this beautifully customized home is truly move-in ready! Step inside to discover an impressive open-concept floor plan featuring a soaring vaulted great room, designer finishes, and a extraordinary $21k CUSTOM BUILT-IN BAR complete with a wine cooler! A wall of sliding glass doors seamlessly connects the indoor living space to your private outdoor oasis, creating the perfect setting for entertaining or simply enjoying the Florida lifestyle. Built-in surround sound in both the great room and lanai enhances the experience! YOUR OWN PRIVATE BACKYARD PARADISE! Enjoy a spectacular custom heated saltwater pool and spa, complete with a beautiful spa waterfall cascading into the pool! Whether relaxing in the spa, lounging poolside, or hosting friends and family, this outdoor retreat offers the ultimate in Florida living. The covered lanai also features a convenient exterior gas drop, perfect for a future outdoor kitchen or gas grill. GOURMET KITCHEN: Beautifully appointed with upgraded Colada cabinetry, a contrasting Burlap-finish island, quartz countertops, designer tile backsplash, under-cabinet lighting, upgraded refrigerator, gas cooktop with range hood, and built-in wall oven/microwave combination. This thoughtfully designed kitchen offers both functionality and sophisticated coastal style! LUXURIOUS PRIMARY RETREAT: Overlooking the beautiful pool and spa, the spacious primary suite provides a peaceful escape. The upgraded ensuite bath features custom tile, an upgraded shower, and TWO custom walk-in closets! DESIRABLE 3-BEDROOM BREEZE BAY OPTION! This upgraded floor plan features TWO additional guest bedrooms and TWO full guest bathrooms, providing exceptional privacy and comfort for visiting family and friends. A highly desirable layout offering flexibility for guests, hobbies, or additional living space! EXTENSIVE CUSTOM UPGRADES THROUGHOUT! No detail has been overlooked in this beautifully appointed home! Features include: Stunning custom built-in bar with wine cooler, RevWood by Mohawk laminate flooring throughout, Custom designer lighting and ceiling fans throughout, Beautiful custom foyer wall treatment and custom key drop, Designer paint throughout Built-in surround sound system in the great room and lanai, Planet Secure security system, WiFi booster for enhanced connectivity, Spacious laundry room with built-in utility sink and custom tile Garage with epoxy-finished floors Upgraded garage door opener with remote app capability, Pull-down attic stairs for convenient access, Exterior gas drop on the lanai, Heated saltwater pool and spa with cascading waterfall, fully furnished with limited exclusions GOLF CART INCLUDED! LOCATION, LOCATION, situated in highly desirable Phase 4, this home enjoys a fantastic close-in location with convenient access to the incredible amenities that make Latitude Margaritaville Watersound such a special place to call home! Residents enjoy an extraordinary array of resort-inspired amenities, including a spectacular resort-style pool, fitness center, pickleball and tennis courts, walking and biking trails, live entertainment, social gatherings, dining opportunities, and an abundance of clubs and activities. Enjoy the vibrant Town Square atmosphere, live music, and endless opportunities to connect with neighbors. All just approximately 7 miles from the beautiful white-sand beaches of the Emerald Coast! Exciting growth with an adjacent Publix anchored shopping center and new medical campus

Facts & features

Home type

Home

Year built

2023

Floors

1

Price per sq ft

$368

HOA

$337 / monthly

Parking

2-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fans, Heat Pump

  • Heating

    Central, Electric, Forced Air, Heat Pump

  • Appliances

    Electric Cooktop, Electric Oven, Gas Water Heater, Tankless Water Heater, Wine Cooler

  • Roof

    Shingle

  • Lot Information

    Sprinkler System, Paved

  • Exterior

    Porch, Rain Gutters

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$5,285 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,253
  • Property tax $799
  • Insurance $233

Includes principal, interest, taxes & insurance.

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Listing Broker

Coldwell Banker Realty

Broker Name

Coldwell Banker Realty

Agent

Sheryl Lewis

Location

Panama City Beach FL 32408