100 Cherry Street 503, Panama City, FL 32401 (MLS# 780462)

100 Cherry Street 503, Panama City, FL 32401

$299,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,250 Status: Pending

Current Price: $299,000 List Date: 10/16/2025 Last Modified: 4/16/2026

Overview

Description

Seller is MOTIVATED!!! This is an EXECUTIVE LEVEL opportunity with unbelievable terms. The front office has structured a deal you can't refuse: SELLER FINANCING at a phenomenal 5% INTEREST RATE—a power play that instantly saves you money! With only 20% DOWN and a 30-year amortized schedule (8-year balloon), the path to ownership is clear. THIS IS THE MOMENT. ACT NOW! Welcome to the highly sought-after, non-rental Cove Condominiums, where this impeccably renovated two-bedroom, two-bath unit is ready to make its debut. Tired of the rigorous maintenance of a single-family home? Transition seamlessly into a life defined by luxury and leisure. The breathtaking, full-span bay views are the defining feature, stretching from the expansive living room to the serene master suite, both offering direct balcony access. The interior is a masterclass in modern design, featuring premium finishes like granite, stainless steel, new tile and carpet, and a show-stopping marble walk-in shower in t … (Read more)

Listing Details MLS# 780462

Contract Info

List Price/SqFt: 239.2

Location

Area: 02 – Bay County – Central
Street #: 100
Street Name: Cherry
Street Suffix: Street
Unit #: 503
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: Cove Condominium
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 25678-503-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: Hwy 77 south until Cherry Street. Right on Cherry and the complex will be on the left at the corner of Cherry and Beach Dr
Legal Description: COVE CONDOMINUIMS UNIT 503 TYPE A INTERIOR UNIT ORB 4540 P 1375 2BR 2B 1250 H&C

General Property Info

Sub-Type: Condominium
Floor Number: 5
Design: Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled): 1250
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
Year Built: 1975
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Status Change Info

Under Contract Date: 2026-03-25

Waterfront Feature

Waterfront Feet: 1160 ft
Dock: Yes
Bulkhead/Seawall: Yes

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 2709
HOA Frequency: Quarterly
HOA Annual Amount: 10836
New Buyer Fee: No
Last Taxes: 5227
Last Tax Year: 2024
Brokerage Interest: No Interest
Condo Doc: Yes

More Information

Remarks & Misc

Remarks: Seller is MOTIVATED!!! This is an EXECUTIVE LEVEL opportunity with unbelievable terms. The front office has structured a deal you can't refuse: SELLER FINANCING at a phenomenal 5% INTEREST RATE—a power play that instantly saves you money! With only 20% DOWN and a 30-year amortized schedule (8-year balloon), the path to ownership is clear. THIS IS THE MOMENT. ACT NOW! Welcome to the highly sought-after, non-rental Cove Condominiums, where this impeccably renovated two-bedroom, two-bath unit is ready to make its debut. Tired of the rigorous maintenance of a single-family home? Transition seamlessly into a life defined by luxury and leisure. The breathtaking, full-span bay views are the defining feature, stretching from the expansive living room to the serene master suite, both offering direct balcony access. The interior is a masterclass in modern design, featuring premium finishes like granite, stainless steel, new tile and carpet, and a show-stopping marble walk-in shower in the master bath. Ample storage—including a generous kitchen pantry, walk-in closet, and three hallway storage rooms—ensures a clutter-free environment. Complete the experience with easy access to the private community pool and dock. This is more than a home; it's a CHAMPIONSHIP LIFESTYLE. Don't wait for the final whistle—this listing won't last!

Pool Features

Inground: Yes

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
ENERGY STAR Qualified Appliances: Yes
Microwave: Yes
Oven – Electric: Yes
Range – Electric: Yes
Refrigerator: Yes

Interior Features

Elevator: Yes
Floor – Tile: Yes
Pantry: Yes
Split Bedroom: Yes
Window – Treatment All: Yes

Construction/Siding

Block: Yes
Foundation – Slab on Grade: Yes
Roof – Metal: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes
Double Pane Windows: Yes

Association Fees Include

Accounting: Yes
Dock: Yes
Dumpster: Yes
Ground Keeping: Yes
Internet Service: Yes
Management: Yes
Pool: Yes
Sewer: Yes
Trash Disposal: Yes
Water: Yes
Irrigation: Yes
Termite Bond: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
Seller Financing: Yes
VA: Yes

Furnished

Unfurnished: Yes

Interior

Floor – Carpet: Yes

Kitchen

Fifth: Yes

Living Room

Fifth: Yes

Lot Features

Covenants & Rescrictions: Yes

Lot Access

City Street: Yes
Paved Road: Yes

Parking Features

Additional Parking: Yes
Assigned: Yes
Driveway: Yes
No Garage: Yes
Parking Lot: Yes
Paved: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Shower Only: Yes
MBed Waterfront: Yes

Present Zoning

Resid Single Family: Yes

Association Amenities

Elevators: Yes
Pool: Yes
Waterfront: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Internet – Fiber Optic: Yes
Phone – Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Bay: Yes

Sale Type

As Is: Yes

Waterfront Type

Bay/Harbor: Yes

Bedroom

Fifth: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
ENERGY STAR Qualified Equipment: Yes

Heating

Central: Yes
Electric: Yes
ENERGY STAR Qualified Equipment: Yes

Security Features

Building Security: Yes
Carbon Monoxide Detector: Yes
Fire Alarm: Yes
Fire Sprinkler System: Yes
Gated Community: Yes
Security Fence: Yes
Security Lights: Yes
Smoke Detector(s): Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; ENERGY STAR Qualified Appliances; Microwave; Oven – Electric; Range – Electric; Refrigerator Bedroom: Fifth Cooling: Ceiling Fan(s); Central Air; Electric; ENERGY STAR Qualified Equipment Heating: Central; Electric; ENERGY STAR Qualified Equipment Exterior: Balcony; Double Pane Windows Association Fees Include: Accounting; Dock; Dumpster; Internet Service; Irrigation; Ground Keeping; Management; Pool; Sewer; Termite Bond; Trash Disposal; Water Financing: Cash; Conventional; FHA; Seller Financing; VA Furnished: Unfurnished Interior: Floor – Carpet Kitchen: Fifth Living Room: Fifth Lot Features: Covenants & Rescrictions Lot Access: City Street; Paved Road Pool Features: Inground Security Features: Building Security; Carbon Monoxide Detector; Fire Alarm; Fire Sprinkler System; Gated Community; Security Fence; Security Lights; Smoke Detector(s) Parking Features: Additional Parking; Assigned; Driveway; No Garage; Parking Lot; Paved Association Amenities: Elevators; Pool; Waterfront Rooms: Bedroom; Kitchen; Living Room Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Internet – Fiber Optic; Phone – Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Bay/Harbor Waterfront Feature: Bulkhead/Seawall; Dock; Bulkhead/Seawall Waterview: Bay Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	Fifth	27 x 15	27.00	15.00
Kitchen	Fifth	12 x 9	12.00	9.00
Bedroom	Fifth	14 x 12	14.00	12.00
Bedroom	Fifth	11 x 12	11.00	12.00

Listing Office: Beachy Beach Real Estate

Last Updated: April – 16 – 2026

Information deemed reliable but not guaranteed.