8470 Coral Reef Way, Panama City Beach, FL, 32413
About This Home
Welcome a beautiful Breeze floor plan in Latitude Margaritaville Watersound, perfectly positioned on the pond with peaceful water views. Located in highly desirable Phase 2, one of the closest phases to the amazing Town Square, this 2-bedroom, 2.5-bath home offers a bright, easy-living layout with the ideal blend of fresh updates to make it your own. Recently refreshed with interior paint, new tile, updated lighting, disposal in 2026. The living room is accented with a beam, this home already has a clean, stylish foundation ready for your personal design style. The open-concept living and dining spaces flow beautifully, creating a comfortable setting for everyday living, entertaining, and relaxing after a day enjoying the resort-style amenities. Step outside and enjoy the calm pond view, where mornings feel peaceful and evenings invite you to unwind. Enjoy the signature lifestyle just moments from Town Square with golf cart rides, friendly neighbors, live music, fitness, pickleball, pools, dining, social clubs, and the laid-back energy that makes every day feel like a vacation. Fresh, inviting, and full of potential, this home is ready for you to bring your vision and start living your best beach life whether you are dreaming of a full-time coastal lifestyle, a low-maintenance second home, or your next chapter in one of the area's most loved 55+ communities, this Breeze offers a wonderful opportunity inside Latitude Margaritaville Watersound
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2021
Materials
- Foundation: Slab
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Electric Oven,Electric Range,Tankless Water Heater
Bedroom
- Level: First
- Dimensions: 13 x 11
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Den
- Level: First
- Dimensions: 18 x 11
Features
- Double Vanity,Separate Shower,Walk-In Closet(s),Home Theater
Great Room
- Level: First
- Dimensions: 24 x 18
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,072
- Total interior livable area: 2,072 sqft
Property
Details
- Parcel number: 32503200236
Features
- Pool features: Community
- Patio & porch: Covered,Porch
- On waterfront: Yes
- Waterfront features: Lake,Lake Front
Lot
- Lot size: 7,840 sqft
- Features: Sprinkler System
- Lot size dimensions: 133 x 48 x 130 x 67
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Strong Wind
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,983 | $35,796 |
| Home Insurance * | $691 | $8,292 |
| Property Taxes | $563 | $6,756 |
| Electricity | $208 | $2,502 |
| Total | $4,445 | $53,340 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $590,000 |
| 2026-07-16 | Listing removed | $590,000 |
| 2026-06-30 | Listed for sale | $590,000 |
| 2021-12-14 | Sold | $430,700 |
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