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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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8475 Coral Reef Way , Panama City Beach, FL 32413
$644,900
Est. Payment: $3,270.47/mo
2 Bed
3 Bath
2072 Sqft
Status: active | Days on site: 66
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Welcome to 8475 Coral Reef Way, where exceptional upgrades, breathtaking preserve views, and an active coastal lifestyle come together in one remarkable home. This beautifully maintained 2 bedroom, 2.5 bathroom with bonus room, single-family residence offers the perfect balance of luxury, comfort, and convenience in one of Panama City Beach's most desirable gated communities. Designed for both everyday living and entertaining, the open-concept floor plan features spacious living areas, abundant natural light, upgraded appliances, whole-house plantation shutters, and thoughtfully selected finishes throughout. The well-appointed kitchen flows seamlessly into the dining and living spaces, creating an inviting atmosphere for gatherings with family and friends. The private owner's suite provides a peaceful retreat, while additional guest accommodations offer comfort and flexibility for visitors. Step outside to enjoy tranquil preserve views, creating a picturesque setting for morning coffee, evening cocktails, or simply relaxing and enjoying Florida's natural beauty. Residents enjoy access to an impressive collection of resort-inspired amenities, including an on-site restaurant overlooking the Intracoastal Waterway, a bandshell hosting live music and community events, a fitness center, resort-style pool, pickleball courts, tennis courts, bocce ball courts, walking trails, and a dedicated dog park. The community is both golf-cart friendly and dog friendly, making it easy to enjoy the neighborhood, visit friends, attend events, or take your four-legged companion out for a stroll. The recreational amenities are just a 10-minute walk or a 2-minute golf cart ride from the home. Everyday convenience continues to improve with a new Publix grocery store planned at the entrance to the community, along with additional retail shops, dining options, and service businesses that will further enhance the neighborhood lifestyle. Current shopping, dining, and entertainment destinations, including Pier Park, are approximately 8 miles away. Medical facilities, including major healthcare providers and specialty services, are within approximately 10 miles, while Northwest Florida Beaches International Airport is approximately 12 miles away, making travel convenient for both residents and guests. Whether you're seeking a primary residence, seasonal retreat, or the next chapter of an active Florida lifestyle, 8475 Coral Reef Way offers an outstanding opportunity to enjoy beautiful surroundings, premium upgrades, a welcoming neighborhood atmosphere, and easy access to everything Panama City Beach has to offer. Seller will consider lease to buy option.

Highlights

Listed by Nancy A Sickles , 850-775-0184 Palms to Pines Real Estate LLC , 850-866-2837. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.16

HOA Fee

388.7 Monthly

Year Built

2021

County

Bay

Area

04 - Bay County - North

Neighborhood

Latitude at Watersound

Listing ID

790824

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:ENERGY STAR Qualified Appliances, Electric Water Heater, Gas Range
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Double Vanity, Main Level Primary, Smart Home, Smart Thermostat, Walk-In Closet(s), Home Theater

Exterior Features

Lot:Cul-De-Sac,Sprinkler System
Lot Dimensions:49 x 131
Zoning:Resid Single Family
Roof:Asphalt
Others:
  • Additional:Porch, Rain Gutters
Sewer:Public Sewer
Principal Interest
$3,270
Taxes
$482
HOA
$389

Home Price

$644,900

Loan Details

30 yrs
6.528%

Down Payment

20%
$128,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,270.47

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,270.47 $481.92 $388.70 $4,141.09
Yearly $39,245.66 $5,783.00 $4,664.40 $49,693.06
Total $1,177,369.71 $173,490.00 $139,932.00 $1,490,791.71

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS