200 S Cove Terrace Drive, Panama City, FL 32401 (MLS# 786856)

HOA Fee: No

New Buyer Fee: No

Last Taxes: 4540

Last Tax Year: 2025

Brokerage Interest: No Interest

List Price/SqFt: 198.1

Status: Under Contract - Taking Backups

List Date: 2026-03-16

List Price: $520,000

Current Price: $520,000

Sub Area: 0203 - Bay - Central SW

Community/Resort: Bunkers Cove

Waterfront: No

Elementary School: Cherry Street

Middle School: Jinks

High School: Bay

Directions: Traveling east on Hathaway Bridge - turn right onto Frankford Ave. Merge left onto Beach Dr. Turn left onto W 6th St. Turn right onto Cove Blvd. Turn left onto Cherry St. Turn right onto N Cove Blvd, home will be on the left.

Area: 02 - Bay County - Central

Street #: 200

Street Direction: S

Street Name: Cove Terrace

Street Suffix: Drive

State: FL

Zip Code: 32401

County: Bay

Subdivision: Cove Terrace

Parcel ID: 21651-000-000

Legal Description: COVE TERRACE LOT 1 BLK 84 ORB 3468 P 1109

Acreage: 0.3

Design: Traditional

Lot Size (SqFt): 13068

Apx SqFt(Htd/Cooled): 2625

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 1

Lot Dimensions: Irregular

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Pool: Yes

Pool Type: Private

Sub-Type: Detached Single Family

Bedrooms: 4

Full Baths: 2

Total Baths: 3

Year Built: 1949

Remarks: CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS - Welcome to 200 S Cove Terrace, located in the highly sought-after Cove neighborhood of Panama City. Known for its charm, golf-cart-friendly streets, and close-knit community feel, The Cove offers an unbeatable location just minutes from the bay, downtown Panama City, local dining, parks, and marinas. Positioned on a desirable corner lot, this property combines convenience with the character that makes this neighborhood so special. *Solar Panels Paid off at Closing* Inside, the home features a comfortable living space anchored by a cozy wood-burning fireplace. The kitchen was refreshed in 2024 with updated appliances, cabinets, and countertops, offering a modern touch while maintaining the home's inviting feel. Step outside to enjoy the saltwater pool, perfect for relaxing or entertaining. Major pool updates include a pool pump replaced in 2019 and a brand-new pool liner installed in 2026. Additional improvements provide peace of mind, including AC replaced in 2019, water heater in 2021, gutters installed in 2020, and exterior painting completed in 2020. With its prime Cove location, corner lot setting, valuable updates, and easy access to both the bay and downtown Panama City, this property offers a great opportunity to enjoy one of the area's most beloved neighborhoods.

Inground: 1

Saltwater: 1

Dishwasher: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Wine Cooler: 1

Breakfast Bar: 1

Fireplace: 1

Floor - Hardwood: 1

Floor - Laminate: 1

Kitchen Island: 1

Wet Bar: 1

Brick: 1

Roof - Dimensional Shg: 1

Roof - Solar Panel: 1

Balcony: 1

Fenced Privacy: 1

Patio Open: 1

Porch Covered: 1

Shed(s): 1

Unfurnished: 1

Corner Lot: 1

Within 1/2 Mile to Water: 1

City Street: 1

Paved Road: 1

Driveway: 1

Garage Attached: 1

MBed Balcony: 1

Resid Single Family: 1

Bedroom: 1

Master Bedroom: 1

ShowingTime: 1

Cable - Available: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Solar: 1

As Is: 1

Second: 1

First: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Fireplace - Wood Burning: 1

Under Contract Date: 2026-03-25