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Harrison Lilly Team

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

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8688 Coral Reef Way , Panama City Beach, FL 32413
$470,000
Est. Payment: $2,596.68/mo
2 Bed
2 Bath
1368 Sqft
0.09 Acres
Status: Pending | Days on site: 91
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Harrison Lilly Team
Owner/Operator

House Description

PRICE REDUCED. SELLER IS READY TO SELL. This isn't just a home--it's your opportunity to enjoy the ultimate resort lifestyle at Latitude Margaritaville Watersound, one of Florida's premier 55+ active adult communities. Located just 10 miles south of Panama City Beach, you'll be minutes from the Gulf Coast's sugar-white sand beaches and emerald-green waters, with more than 150 public beach access points nearby. Enjoy low HOA fees and an incredible collection of resort-style amenities designed for recreation, relaxation, and social living. The vibrant Town Square features FINtastic dining, live entertainment, clubs, events, fitness facilities, pools, pickleball, and more--all conveniently accessible by golf cart. Ideally situated just off the Scenic Highway 30A corridor, this community offers easy access to approximately 20 miles of some of the world's most beautiful coastline, along with shopping, dining, golf, fishing, and outdoor recreation. Whether you're looking for a full-time residence or the perfect place to enjoy your next chapter, Latitude Margaritaville Watersound offers the ''License to Chill'' lifestyle you've been dreaming of. A future marina is also planned, adding even more to this exceptional coastal community. This Dreamsicle cottage has a distinct Tropical Vibe and boasts many upgrades and all-new appliances.

Highlights

Listed by Pat T Fisher , 850-865-8589 Pat T. Fisher Broker , 850-865-8589. Bay County Association of REALTORS

Property Type

Condo/Townhome

Lot/Acreage
0.09

HOA Fee

340.62 Monthly

Year Built

2023

County

Bay

Area

04 - Bay County - North

Neighborhood

Latitude at Watersound

Listing ID

792233

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Cooktop, Electric Oven, Gas Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Main Level Primary, Shower Only, Walk-In Closet(s), Home Theater

Exterior Features

Lot:Sprinkler System
Lot Dimensions:35.0 ft x 110.0 ft
Zoning:Resid Multi-Family
Roof:Composition,Shingle
Sewer:Public Sewer,Sewer Tap Paid
Parking Features:Garage,Garage Door Opener,Paved
Principal Interest
$2,597
Taxes
$300
HOA
$341

Home Price

$470,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$94,000
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:
$2,596.68

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,596.68 $299.63 $340.62 $3,236.93
Yearly $31,160.19 $3,595.50 $4,087.44 $38,843.13
Total $934,805.63 $107,865.00 $122,623.20 $1,165,293.83

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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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: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS