RateMyAgentGo to search
Back 8944 Coral Reef Way
Off Market

8944 Coral Reef Way

Panama City Beach FL 32413

2
2
2
1472 sq. ft.
Townhouse
Last sold for $400,000
Tyler S SmithTyler S Smith, last sold this property on 06 August 2026 after 110 days on market.

Overview

Step into the best of low-maintenance, resort-style living in this barely lived-in Aloha Cottage! Perfectly situated in Phase 5 near the golf cart underpass, you're just minutes from the vibrant Town Square amenities of Latitude Margaritaville Watersound -- one of Northwest Florida's premier 55+ active adult communities. Nestled on a fabulous oversized corner lot, this charming 2-bedroom, 2-bath Florida cottage with a versatile flex room delivers 1,472 square feet of thoughtfully designed living space -- complete with upgrades galore, including granite countertops, elevated cabinetry, and beautiful laminate flooring throughout. The spacious kitchen flows seamlessly into the dining and family rooms, while a large laundry room and a lovely screened-in porch add everyday comfort and coastal charm. Just 7 miles from pristine Gulf beaches and situated within a golf-cart-friendly community, you'll enjoy world-class amenities set along the Intracoastal Waterway -- including a resort-style pool, two-story waterfront restaurant, state-of-the-art fitness center with indoor pool and spa, tennis and pickleball courts, and a lively bandshell for concerts and outdoor events. With two garage spaces, furnishings negotiable, and a brand-new Publix coming soon nearby, this turnkey cottage is ready to become your perfect primary retreat or sun-soaked second home. Live where others vacation -- your coastal dream starts here!

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1472 sq. ft. floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Panama City Beach over the last 12 months, the estimated median property value of 8944 Coral Reef Way is $548.74k.

Median value
$548.74k
Estimated value range
$245k - $1.96m
Median days on market
84
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Panama City Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8944 Coral Reef Way

2026
Sold
$400,000
06 Aug 2026 by Tyler S Smith, of Legacy Premier Agency LLC
2024
Sold
$440,000
15 Apr 2024 by Sheryl Lewis, of Coldwell Banker Realty

Happy sellers in Panama City Beach

79%
79% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Panama City Beach over the last 12 months.

Local market activity for 2 bedroom townhouses in Panama City Beach

In the last 12 months, 43 two-bedroom townhouses similar to 8944 Coral Reef Way, have been sold.

This represents a 62% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Panama City Beach

placeholder
Beth Mulvey

Sellers who recommend Beth Mulvey have praised them for being local expert, responsive, clear communication, supportive, detail-oriented, friendly, and dedicated

  •   5   (122 reviews)
  •  5 Reviews in Panama City Beach
  •  3 Sales in Panama City Beach
View profile
placeholder
Britta Kepple

Britta Kepple is a recommended agent for Panama City Beach.  They have collected 5 local reviews across the last 12 months.

  •   5   (27 reviews)
  •  5 Reviews in Panama City Beach
View profile
placeholder
Matthew Jones

Matthew Jones is a recommended agent for Panama City Beach.  They have 15 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (25 reviews)
  •  4 Reviews in Panama City Beach
  •  15 Sales in Panama City Beach
View profile
placeholder
Michele Bailey

Michele Bailey is an award winning recommended agent for Panama City Beach.  They have 6 local sales and collected 4 local reviews across the last 12 months.

  •   5   (21 reviews)
  •  4 Reviews in Panama City Beach
  •  6 Sales in Panama City Beach
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap