$1,200,000
Panama City, FL 32401
MLS# 714270
Status: Sold
6 beds | 7 baths | 5299 sqft

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Property Description
Reigning as one of the most sought-after locations in the panhandle, this iconic Bunkers Cove waterfront estate affords breathtaking views of St. Andrews Bay and is embodied with rich history of the Sudduth family and the vision of developer, H.L. Sudduth, that is still being carried out to this day. Built by the Sudduth Family as their primary residence in 1932, this prominent and historic home sits on 1.36 ACRES and 3 homesites. The value of this land is incredible! Leader of the family, H.L. Sudduth, is credited for the development of the Cove neighborhood from inception over 100 years ago and chose this specific homesite for his own private residence.
Details
Maps
Contract Info
Status: Sold
List Date: 2021-07-07
List Price: $1,395,000
List Price/SqFt: 263.26
Current Price: $1,200,000
Location
Area: 02 - Bay County - Central
Street #: 500
Street Name: Bunkers Cove
Street Suffix: Road
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 - Bay - Central SW
Subdivision: Sudduths 3rd Add
Community/Resort: Bunkers Cove
Waterfront: Yes
Parcel ID: 21041-000-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From 23rd Street, go north on Cove Boulevard. Turn left onto Bunkers Cove Road.
Legal Description: SUDDUTHS 3RD ADD LOTS 9,10,11 BLK 71 ORB 2006 P 550 MAP 106B1&B2
General Property Info
Sub-Type: Detached Single Family
Design: Traditional
Apx SqFt(Htd/Cooled): 5299
SqFt Source: Prop App Site
Bedrooms: 6
Full Baths: 7
Total Baths: 7
Year Built: 1926
Immediate Occupancy: No
Pre-Const Flip: No
Construction Status: Construction Complete
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 5
Lot Dimensions: 106x166x308x120x325
Acreage: 1.36
Lot Size (SqFt): 59242
Beach Frontage: 90
Status Change Info
Under Contract Date: 2021-09-19
Sold Date: 2021-09-30
Sold Price: $1,200,000
Sold Price/SqFt: 226.46
Sold Price/Acre: 882352.94
Waterfront Feature
Waterfront Feet: 90
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Microwave; Oven - Electric; Refrigerator; Water Heater - Electric
Bedroom: First; Second
Cooling: Central Air
Exterior: Patio Open; Pool; Separate Bldg Rent
Financing: Cash; Construction Perm
Furnished: Unfurnished
Interior: Bonus Room
Living Room: First
Lot Features: Waterfront
Lot Access: City Street; Paved Road
Dining Room: First
Pool Features: Fenced; Inground; Spa/ Hot Tub
Parking Features: Additional Parking; Boat; Garage; Garage Attached; Guest; Paved; RV; RV Access/Parking
Other Structures: Garage(s); Guest House
Rooms: Bedroom; Dining Room; Kitchen; Living Room
Sale Type: As Is
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Waterfront Type: Bay/Harbor
Waterfront Feature: Shore - Beach
Waterview: Bay
Present Zoning: Resid Single Family
Supplements
An incredibly rare opportunity is available to revive, restore and preserve a piece of Cove history with this beautiful, architecturally striking Bayfront manor.
Views of the shimmering water immediately attract attention as you travel through the foyer and into the main living area. Beamed ceilings and custom windows surround while thoughtfully-designed arched openings provide the perfect flow to the stunning dining room with exquisite natural lighting and French doors to the patio. A Chef's kitchen is ideal for family baking on the sprawling island and considerate in design for overflow onto the patio, connecting the outdoors to both the main home and the bonus room ensuite. Integrated with flagstone patio and walkways, this area is excellent to create your own high-end Summer kitchen and outdoor seating area. Positioned with entertaining of utmost importance, the pool and spa are designed for maximum enjoyment of the entire property. With 90' Bay frontage and 180 degree views, this home gives you the desirable deep water access for your Sportfish or center console boat. A short boat ride to Shell Island and only minutes from the open Gulf of Mexico, this is a Fishermans dream.
The main home offers 5 bedrooms with 5 bathrooms is complete with a bonus room ensuite off of the vaulted mudroom breezeway to the 2-car garage. A carriage guest house overlooking the famed Bunkers Cove Road offers space for a charming guest suite with a sizable living area and full kitchen connectivity. Great for rental potential or to hosts your guests. Deep water with pure views of the bay and a 6-8' draft year-round ideal for those who desire to live on the open Bay.
This one-of-a-kind Bunkers Cove home is ready for a detailed and authentic restoration, one that will preserve its history and elegance as has been told for many generations before us. This home still has a story to tell. Inquire today and start living the coastal lifestyle you deserve.
The home has been through remediation after Hurricane Michael and is being sold AS-IS. To help visualize the potential of this incredible waterfront renovation, virtual renderings are shown. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
Room Information
Room Name | Level | Dimensions | Length | Width | Dimensions |
Bedroom | First | 0 x 0 | 0.00 | 0.00 | 0 x 0 |
Bedroom | First | 0 x 0 | 0.00 | 0.00 | 0 x 0 |
Dining Room | First | 0 x 0 | 0.00 | 0.00 | 0 x 0 |
Living Room | First | 0 x 0 | 0.00 | 0.00 | 0 x 0 |
Bedroom | Second | 0 x 0 | 0.00 | 0.00 | 0 x 0 |
Kitchen | 0 x 0 | 0.00 | 0.00 | 0 x 0 |
Listing Office: Corcoran Reverie
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.