227 S Cove Terrace Drive, Panama City, FL 32401 (MLS# 771520)

Homestead: Yes

HOA Fee: No

New Buyer Fee: No

Last Taxes: 5076

Last Tax Year: 2024

Brokerage Interest: No Interest

As Is: Yes

List Price/SqFt: 427.54

Status: Sold

List Date: 2025-04-05

List Price: $1,475,000

Current Price: $1,350,000

Sub Area: 0203 - Bay - Central SW

Community/Resort: Bunkers Cove

Waterfront: Yes

Gulf Access: Yes

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.

Area: 02 - Bay County - Central

Street #: 227

Street Direction: S

Street Name: Cove Terrace

Street Suffix: Drive

State: FL

Zip Code: 32401

County: Bay

Subdivision: Cove Terrace

Parcel ID: 21639-000-000

Legal Description: COVE TERRACE LOT 19 BLK 82 ORB 3615 P 2086

Acreage: 0.33

Design: Traditional

Lot Size (SqFt): 14201

Apx SqFt(Htd/Cooled): 3450

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Owner Measured

# of Stories in Building: 2

Lot Dimensions: 90 x 158

New Construction: No

Garage Y/N: Yes

Garage Spaces: 1

Covered Spaces: 1

Driveway Spaces: 2

Pool: Yes

Pool Type: Private

Sub-Type: Detached Single Family

Bedrooms: 4

Full Baths: 4

Total Baths: 4

Year Built: 1950

Remarks: 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!

Sold Price/SqFt: 391.3

Sold Price/Acre: 4090909.09

Under Contract Date: 2025-07-24

Sold Date: 2025-08-11

Sold Price: $1,350,000

First: 1

First: 1

Basement: 1

First: 1

First: 1

Heated - Gas: 1

Inground: 1

Pool/Spa Combo: 1

Cooktop - Gas: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Ice Maker: 1

Oven - Electric: 1

Range Hood: 1

Refrigerator: 1

Washer: 1

Washer/Dryer Stacked: 1

Water Heater - Gas: 1

Water Heater - Tankless: 1

Ceiling - Raised: 1

Fireplace: 1

Floor - Tile: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Lighting - Recessed: 1

Split Bedroom: 1

Stairs: 1

Block: 1

Brick: 1

Foundation - Off Grade: 1

Foundation - Slab on Grade: 1

Roof - Dimensional Shg: 1

Siding - Wood: 1

Trim - Wood: 1

Deck Open: 1

Fenced Back Yard: 1

Fenced Lot-All: 1

Sprinkler System: 1

Boat Slip: 1

Boatlift: 1

Dock: 1

Bulkhead/Seawall: 1

Waterfront Feet: 90

Boat House: 1

Cash: 1

Conventional: 1

VA: 1

Unfurnished: 1

Bunk Room: 1

First: 1

First: 1

Landscaped: 1

Subdivision - Recorded: 1

Sidewalk: 1

Waterfront: 1

City Street: 1

Paved Road: 1

Carport Attached: 1

Driveway: 1

Garage Attached: 1

MBath Double Vanity: 1

MBath Walk-In Closet: 1

MBed First Floor: 1

MBed Waterfront: 1

MBath Shower/Tub Combo: 1

Resid Single Family: 1

Bedroom: 1

Dining Room: 1

Foyer: 1

Full Bathroom: 1

Kitchen: 1

Laundry: 1

Living Room: 1

Master Bathroom: 1

Master Bedroom: 1

Office: 1

Electricity - Connected: 1

Garbage: 1

Natural Gas - Connected: 1

Private Well: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Bay: 1

Bayou: 1

As Is: 1

Basement: 1

First: 1

Bayou w/ Gulf Access: 1

First: 1

Basement: 1

Central Air: 1

Electric: 1

Mini-Split/Ductless: 1

Multi Units: 1

Central: 1

Electric: 1

Fireplace - Wood Burning: 1

Mini-Split/Ductless: 1