$2,200,000
Panama City, FL 32401
MLS# 766197
Status: Sold
5 beds | 5 baths | 5344 sqft

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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Perfectly positioned on one of the most sought-after WATERFRONT streets in Panama City, Florida - this stunning .8-acre estate sits on 100' Bayfront water frontage and features a luxurious modern coastal design. This home features a zero-entry infinity edge pool, dock with boat lift and is less than 6 nautical miles by boat to the open Gulf of Mexico with no idle speed zones in between. From the minute you drive into this gorgeous estate, you're drawn in by remarkable landscaping with mature trees, a beautiful circular driveway and thoughtfully-designed pavers surrounding a care-free turf base. The exterior has been recently renovated and features a brick and stone design with a 2.5 car garage. This 2-story home has impeccable WATERFRONT views from almost every room and features 4 bedrooms, a home office, movie theater room, 3 full baths and 2 half baths. On the main level of the home, you'll enjoy a WATERFRONT primary suite, a home office off the foyer and a formal dining room. The living room features 2-story soaring ceilings maximizing the best sunset views. The kitchen, breakfast room and bar offer easy access to the back yard and pool area and is a great open concept with access to the living room. On the upper level, you'll enjoy spacious bedroom with large closets, two guest baths and an oversized laundry room. The Bay views are endless with this .8-acre estate and you'll enjoy a large backyard, private dock and deep water access. The pool area has been recently renovated to include shellstone pavers and the pool includes zero-entry, a sun shelf and infinity edge. The Cove is a highly coveted neighborhood adorned with hundred year-old oak trees filled with beautiful moss that lines the streets. This neighborhood is idyllic and is full of character and charm presenting an opportunity for pure Bay views and estate size waterfront homesites. This quaint neighborhood that features golf cart-friendly streets and activities with your neighbors year-round! Just minutes from booming downtown Panama City, you'll be just a few miles from farmers markets, a brewery, arcade, fabulous locally-owned dining establishments, boutique shopping and tons of activities. A waterfront opportunity like this doesn't come available often. This is your chance to make your dream home in the Cove!
Details
Maps
Contract Info
Status: Sold
List Date: 2024-12-13
List Price: $2,650,000
List Price/SqFt: 495.88
Current Price: $2,200,000
Location
Area: 02 - Bay County - Central
Street #: 606
Street Name: Bunkers Cove
Street Suffix: Road
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 - Bay - Central SW
Subdivision: Sudduths 10Th Add
Community/Resort: Bunkers Cove
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 21471-000-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: Heading south on N Cove Boulevard, turn left at Cherry Street. Turn right onto S Bonita Avenue. Follow the road around and veer right staying on S Bonita Avenue. Turn left onto Bunkers Cove Road. Home is on the right.
Legal Description: SUDDUTHS 10TH ADD LOT G BLK 71 ORB 4577 P 2327
General Property Info
Sub-Type: Detached Single Family
Design: Traditional
Apx SqFt(Htd/Cooled): 5344
SqFt Source: Prop App Site
Bedrooms: 5
Full Baths: 3
Half Baths: 2
Total Baths: 5
# of Stories in Building: 2
Year Built: 2006
Immediate Occupancy: No
Pre-Const Flip: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2.5
Driveway Spaces: 6
Lot Dimensions: 100 x 350
Acreage: 0.8
Lot Size (SqFt): 34848
Pool: Yes
Pool Type: Private
Status Change Info
Under Contract Date: 2025-02-11
Sold Date: 2025-02-26
Sold Price: $2,200,000
Sold Price/SqFt: 411.68
Sold Price/Acre: 2750000
Waterfront Feature
Waterfront Feet: 100
Property Features
Appliances: Dishwasher; Disposal; Microwave; Range - Gas; Refrigerator; Water Heater - Tankless
Bedroom: First; Second
Cooling: Central Air; Electric
Heating: Central; Electric; Fireplace(s)
Exterior: Fenced Back Yard; Porch Covered; Porch Open
Financing: Cash; Construction Perm; Conventional
Furnished: Unfurnished
Lot Features: Waterfront
Lot Access: City Street; Paved Road
Pool Features: Gunite Concrete; Inground
Parking Features: Additional Parking; Driveway; Circular Driveway; Garage Attached; RV Access/Parking
Rooms: Bedroom
Sale Type: As Is
Utilities: Electricity - Connected; Natural Gas - Connected; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Bay/Harbor
Waterfront Feature: Boatlift; Bulkhead/Seawall; Dock; Bulkhead/Seawall
Waterview: Bay
Present Zoning: Resid Single Family
Room Information
Room Name | Level | Dimensions | Length | Width | Dimensions |
Bedroom | First | 17.7 x 20.4 | 17.70 | 20.40 | 17.7 x 20.4 |
Bedroom | Second | 13.7 x 15.8 | 13.70 | 15.80 | 13.7 x 15.8 |
Bedroom | Second | 11.9 x 17.5 | 11.90 | 17.50 | 11.9 x 17.5 |
Bedroom | Second | 11.5 x 16.1 | 11.50 | 16.10 | 11.5 x 16.1 |
Bedroom | 12.3 x 15.11 | 12.30 | 15.11 | 12.3 x 15.11 |
Listing Office: Corcoran Reverie
Last Updated: February - 27 - 2025
Information deemed reliable but not guaranteed.