$1,350,000
227 S Cove Terrace Drive
Panama City, FL 32401
MLS# 771520
Status: Sold
4 beds  |  4 baths  |  3450 sqft


227 S Cove Terrace Drive, Panama City, FL 32401
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227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401 227 S Cove Terrace Drive, Panama City, FL 32401

Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS..........Welcome to your dream waterfront retreat! This stunning 3,450 sq. ft. home offers 4 bedrooms, 4 bathrooms, and breathtaking views of the bay from every angle. Nestled in The Cove, enjoy a waterfront park, two pocket parks, ball field and a multi-use path. Not to mention walk, bike, or golf cart to Downtown! Step inside to find a brand-new remodeled kitchen with high-end finishes, perfect for the home chef. The expansive family room features a stone fireplace, creating a warm and inviting atmosphere. Working from home is effortless with a dedicated office space that offers tranquility and inspiration. Outdoor living is unmatched with over 2,000 sq. ft. of backyard decking, a pool, and a luxurious 8-seater hot tub, making it the perfect space for entertaining. Relax on your private front porch or take advantage of the double boat dock with a platform deck, boat lift, and direct access to the bay for endless days on the water. Only 15 minutes to Shell Island. This home is also equipped with a full-house generator, ensuring comfort and security year-round. Whether you're looking for a serene escape or the ultimate entertainment destination, this property delivers it all. Don't miss the opportunity to own this incredible waterfront home - schedule your private tour today!

Details
Maps
Contract Info
Status: Sold
List Date: 2025-04-05
List Price: $1,475,000
List Price/SqFt: 427.54
Current Price: $1,350,000
Location
Area: 02 - Bay County - Central
Street #: 227
Street Direction: S
Street Name: Cove Terrace
Street Suffix: Drive
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 - Bay - Central SW
Subdivision: Cove Terrace
Community/Resort: Bunkers Cove
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 21639-000-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: South on Cove Blvd to Cherry St. Turn Left on Cherry to Cove Terrace. Turn right and follow down to 227.
Legal Description: COVE TERRACE LOT 19 BLK 82 ORB 3615 P 2086
General Property Info
Sub-Type: Detached Single Family
Design: Traditional
Apx SqFt(Htd/Cooled): 3450
SqFt Source: Owner Measured
Bedrooms: 4
Full Baths: 4
Total Baths: 4
# of Stories in Building: 2
Year Built: 1950
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Covered Spaces: 1
Driveway Spaces: 2
Lot Dimensions: 90 x 158
Acreage: 0.33
Lot Size (SqFt): 14201
Pool: Yes
Pool Type: Private
Status Change Info
Under Contract Date: 2025-07-24
Sold Date: 2025-08-11
Sold Price: $1,350,000
Sold Price/SqFt: 391.3
Sold Price/Acre: 4090909.09
Waterfront Feature
Waterfront Feet: 90
Property Features
Appliances: Cooktop - Gas; Dishwasher; Disposal; Dryer; Ice Maker; Oven - Electric; Range Hood; Refrigerator; Washer; Washer/Dryer Stacked; Water Heater - Gas; Water Heater - Tankless
Full Bathroom: Basement; First
Master Bedroom: First
Bedroom: Basement
Cooling: Central Air; Electric; Mini-Split/Ductless; Multi Units
Heating: Central; Electric; Fireplace - Wood Burning; Mini-Split/Ductless
Exterior: Deck Open; Fenced Back Yard; Fenced Lot-All; Sprinkler System
Financing: Cash; Conventional; VA
Furnished: Unfurnished
Interior: Bunk Room
Kitchen: First
Living Room: First
Lot Features: Landscaped; Sidewalk; Subdivision - Recorded; Waterfront
Lot Access: City Street; Paved Road
Master Bathroom: First
Dining Room: First
Foyer: First
Laundry: Basement
Office: First
Pool Features: Heated - Gas; Inground; Pool/Spa Combo
Parking Features: Carport Attached; Driveway; Garage Attached
Other Structures: Boat House
Rooms: Bedroom; Dining Room; Foyer; Full Bathroom; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom; Office
Sale Type: As Is
Utilities: Electricity - Connected; Garbage; Natural Gas - Connected; Private Well; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Bayou w/ Gulf Access
Waterfront Feature: Boat Slip; Boatlift; Bulkhead/Seawall; Dock; Bulkhead/Seawall
Waterview: Bay; Bayou
Present Zoning: Resid Single Family
Room Information
Room Name Level Dimensions Length Width Dimensions Remarks
Living RoomFirst24 x 2124.0021.0024 x 21
KitchenFirst26 x 1326.0013.0026 x 13
Dining RoomFirst13 x 1713.0017.0013 x 17
OfficeFirst12 x 1312.0013.0012 x 13
FoyerFirst5 x 135.0013.005 x 13
Full BathroomFirst8 x 58.005.008 x 5
Master BedroomFirst15 x 1615.0016.0015 x 16
Master BathroomFirst12 x 1512.0015.0012 x 15includes laundry area
BedroomBasement16 x 1216.0012.0016 x 12
Full BathroomBasement8 x 78.007.008 x 7
BedroomBasement12 x 1312.0013.0012 x 13
Full BathroomBasement8 x 58.005.008 x 5
BedroomBasement24 x 1124.0011.0024 x 11
LaundryBasement4 x 134.0013.004 x 13includes storage area

Listing Office: Counts Real Estate Group

Last Updated: August - 12 - 2025

Information deemed reliable but not guaranteed.