$115,000
Panama City, FL 32401
MLS# 787867

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Property Description
Build your dream coastal retreat at 1150 Cove Pointe Dr, a premium .199-acre homesite in the exclusive Cove Pointe community of Panama City, FL 32401. Perfectly positioned on a quiet interior lot, this property offers an ideal canvas for a custom residence surrounded by natural beauty and upscale coastal charm. Set within a boutique waterfront neighborhood along Watson Bayou, Cove Pointe is prized for its elevated homesites, picturesque oak-lined streets, and private community day dock just a short walk away--perfect for morning paddleboarding, sunset fishing, or simply enjoying life on the water. With direct access to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico, this is a true haven for boating and water enthusiasts. Enjoy the convenience of being just minutes--by car or golf cart--from downtown Panama City's revitalized waterfront district, where you'll find award-winning dining, live music, art galleries, and boutique shopping. Nearby marinas, the St. Andrews Bay Yacht Club, and top-rated medical facilities add to the appeal. Cove Pointe is a rare blend of tranquility, elevation, and location--making it one of Bay County's most desirable places to build. Secure this exceptional homesite and bring your vision to life in a community where coastal heritage meets modern luxury.
Details
Maps
Contract Info
List Price/Acre: 575000
Status: Active
List Date: 2026-04-03
List Price: $115,000
Current Price: $115,000
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: Cove Blvd. to 4th Street, East on 4th, South on Mercedes, East on 3rd into subdivision. This is the first lot on the right on the corner
Street #: 1150
Street Name: Cove Pointe
Street Suffix: Drive
Area: 02 - Bay County - Central
State: FL
Zip Code: 32401
County: Bay
Subdivision: Cove Pointe
Parcel ID: 21267-157-000
Legal Description: COVE POINTE LOT 57 ORB 4737 P 2357
General Property Info
Acreage: 0.2
Lot Size (SqFt): 8668
Lot Dimensions: 172 X 80.79 X 125.37 X 85+/-
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: Yes
HOA Amount: 700
HOA Frequency: Annually
HOA Annual Amount: 700
Last Taxes: 1000
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Build your dream coastal retreat at 1150 Cove Pointe Dr, a premium .199-acre homesite in the exclusive Cove Pointe community of Panama City, FL 32401. Perfectly positioned on a quiet interior lot, this property offers an ideal canvas for a custom residence surrounded by natural beauty and upscale coastal charm.
Set within a boutique waterfront neighborhood along Watson Bayou, Cove Pointe is prized for its elevated homesites, picturesque oak-lined streets, and private community day dock just a short walk away--perfect for morning paddleboarding, sunset fishing, or simply enjoying life on the water. With direct access to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico, this is a true haven for boating and water enthusiasts.
Enjoy the convenience of being just minutes--by car or golf cart--from downtown Panama City's revitalized waterfront district, where you'll find award-winning dining, live music, art galleries, and boutique shopping. Nearby marinas, the St. Andrews Bay Yacht Club, and top-rated medical facilities add to the appeal.
Cove Pointe is a rare blend of tranquility, elevation, and location--making it one of Bay County's most desirable places to build. Secure this exceptional homesite and bring your vision to life in a community where coastal heritage meets modern luxury.
Assumable Mtg Typ
Conventional: 1
Association Fees Include
Management: 1
Utilities
All Utilities: 1
Public Sewer - Connected: 1
Water Connected: 1
Property Features
Assumable Mtg Typ: Conventional
Utilities: All Utilities; Public Sewer - Connected; Water Connected
Listing Office: Think Real Estate
Last Updated: May - 15 - 2026
Information deemed reliable but not guaranteed.
