100 Cherry Street 604, Panama City, FL 32401 (MLS# 784711)

100 Cherry Street 604, Panama City, FL 32401

$399,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,701 Status: Active

Current Price: $399,000 List Date: 2/04/2026 Last Modified: 9/16/2026

Overview

Description

MOTIVATED SELLER! Now offered with a $96,000 price reduction, this rare double-unit waterfront residence at The Cove presents an exceptional opportunity for both luxury living and investment potential. Originally Units 604 and 605, this expansive 2,701 sq. ft. bayfront residence was thoughtfully combined into one remarkable home. For buyers seeking flexibility, the property offers the unique possibility of being converted back into two separate condominium units, creating the potential for increased rental income, resale opportunities, or multigenerational living. Framed by sweeping views of St. Andrews Bay and Shell Island, this mid-century-inspired residence features full-height sliders spanning the length of the home, opening to two spacious balconies and creating a seamless connection to the waterfront. Automated hurricane shutters and remote-controlled sunshades provide comfort, convenience, and peace of mind. Recent updates include refreshed parquet flooring, designer light … (Read more) MOTIVATED SELLER! Now offered with a $96,000 price reduction, this rare double-unit waterfront residence at The Cove presents an exceptional opportunity for both luxury living and investment potential. Originally Units 604 and 605, this expansive 2,701 sq. ft. bayfront residence was thoughtfully combined into one remarkable home. For buyers seeking flexibility, the property offers the unique possibility of being converted back into two separate condominium units, creating the potential for increased rental income, resale opportunities, or multigenerational living. Framed by sweeping views of St. Andrews Bay and Shell Island, this mid-century-inspired residence features full-height sliders spanning the length of the home, opening to two spacious balconies and creating a seamless connection to the waterfront. Automated hurricane shutters and remote-controlled sunshades provide comfort, convenience, and peace of mind. Recent updates include refreshed parquet flooring, designer lighting, and freshly painted interiors. The chef’s kitchen is equipped with a Wolf cooktop, Maytag oven, and built-in JennAir microwave. Three private bedroom suites each feature their own full bath, while the owner’s suite offers balcony access, panoramic bay views, and dual custom walk-in closets. A bayfront office with built-ins creates an inspiring workspace overlooking the water. Additional highlights include two recently replaced HVAC systems, two private storage units, and two dedicated parking spaces conveniently located near the elevator. Residents enjoy access to The Cove’s waterfront pool, clubhouse, and private dock, all just minutes from Historic Downtown Panama City’s thriving arts, dining, and entertainment district. This is a truly rare opportunity to own one of the largest and most distinctive waterfront residences in the area while also benefiting from the flexibility and value of what was originally two separate condominium units. Whether you’re looking for an exceptional primary residence, second home, or investment opportunity, this property offers possibilities that are difficult to find on the Gulf Coast.

Listing Details MLS# 784711

Contract Info

List Price/SqFt: 147.72

Location

Area: 02 – Bay County – Central
Street #: 100
Street Name: Cherry
Street Suffix: Street
Unit #: 604
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: 25678-604-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From Downtown Panama City, head east on E 3rd Street, which turns into Cherry Street. Continue straight, following Cherry Street as it curves left around the Massalina Bayou. 100 Cherry Street will be on your left, located just before the waterfront in the heart of the Cove neighborhood.
Legal Description: COVE CONDOMINIUMS UNIT 604 TYPE B & 605 TYPE C 4BR 3B 2701 H&C ORB 3616 P 1967

General Property Info

Sub-Type: Condominium
Floor Number: 6
Design: Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled): 2701
SqFt Source: Prop App Site
Full Baths: 3
Total Baths: 3
# of Stories in Building: 7
# of Units in Bldg: 50
Units Above Ground: 50
Accessory Dwelling Unit: Yes
ud_i_08: 2701
Year Built: 1975
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Assigned Spaces: 2
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

Homestead: Yes
HOA Fee: Yes
HOA Amount: 4930
HOA Frequency: Quarterly
HOA Annual Amount: 19720
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 10267
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes

Remarks & Misc

Remarks: MOTIVATED SELLER! Now offered with a $96,000 price reduction, this rare double-unit waterfront residence at The Cove presents an exceptional opportunity for both luxury living and investment potential. Originally Units 604 and 605, this expansive 2,701 sq. ft. bayfront residence was thoughtfully combined into one remarkable home. For buyers seeking flexibility, the property offers the unique possibility of being converted back into two separate condominium units, creating the potential for increased rental income, resale opportunities, or multigenerational living. Framed by sweeping views of St. Andrews Bay and Shell Island, this mid-century-inspired residence features full-height sliders spanning the length of the home, opening to two spacious balconies and creating a seamless connection to the waterfront. Automated hurricane shutters and remote-controlled sunshades provide comfort, convenience, and peace of mind. Recent updates include refreshed parquet flooring, designer lighting, and freshly painted interiors. The chef's kitchen is equipped with a Wolf cooktop, Maytag oven, and built-in JennAir microwave. Three private bedroom suites each feature their own full bath, while the owner's suite offers balcony access, panoramic bay views, and dual custom walk-in closets. A bayfront office with built-ins creates an inspiring workspace overlooking the water. Additional highlights include two recently replaced HVAC systems, two private storage units, and two dedicated parking spaces conveniently located near the elevator. Residents enjoy access to The Cove's waterfront pool, clubhouse, and private dock, all just minutes from Historic Downtown Panama City's thriving arts, dining, and entertainment district. This is a truly rare opportunity to own one of the largest and most distinctive waterfront residences in the area while also benefiting from the flexibility and value of what was originally two separate condominium units. Whether you're looking for an exceptional primary residence, second home, or investment opportunity, this property offers possibilities that are difficult to find on the Gulf Coast.

Pool Features

Inground: Yes

More Information

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Oven – Convection: Yes
Oven – Electric: Yes
Refrigerator: Yes
Water Heater – Electric: Yes

Interior Features

Floor – Parquet: Yes
Floor – Tile: Yes
Lighting – Recessed: Yes

Construction/Siding

Concrete: Yes
Roof – Clay/Concrete: Yes

Exterior

Balcony: Yes

Waterfront Feature

Dock: Yes
Shore – Seawall: Yes

Other Structures

Pool House: Yes

Association Fees Include

Community Room: Yes
Conference Center: Yes
Dock: Yes
Dumpster: Yes
Ground Keeping: Yes
Picnic Area: Yes
Pool: Yes
Recreational Faclty: Yes
Repairs/Maintenance: Yes
Separate Storage: Yes
Trash Disposal: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Unfurnished: Yes

Lot Access

Paved Road: Yes

Parking Features

Additional Parking: Yes
Assigned: Yes
Parking Lot: Yes
Paved: Yes

Present Zoning

Resid Multi-Family: Yes

Association Amenities

Conference Center: Yes
Dock: Yes
Dumpster: Yes
Elevators: Yes
Picnic Area: Yes
Pool: Yes
Separate Storage: Yes
Waterfront: Yes
Dog Park: Yes
Recreation Facilities: Yes
Sidewalks: Yes

Rooms

Bedroom: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Phone – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Bay: Yes

Sale Type

As Is: Yes

Waterfront Type

Bay/Harbor: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes
Multi Units: Yes

Heating

Central: Yes

Accessory Dwelling Unit

Separate Entrance: Yes

Primary Bdrm/Primary Bath

MBath Double Vanity: Yes
MBed Balcony: Yes
MBed Walk-in Closet: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Security Features

Carbon Monoxide Detector: Yes
Fire Alarm: Yes
Smoke Detector(s): Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Microwave; Oven – Convection; Oven – Electric; Refrigerator; Water Heater – Electric Primary Bedroom: First Bedroom: First Cooling: Central Air; Multi Units Heating: Central Exterior: Balcony Association Fees Include: Community Room; Dock; Dumpster; Ground Keeping; Repairs/Maintenance; Conference Center; Picnic Area; Pool; Recreational Faclty; Separate Storage; Trash Disposal Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Lot Access: Paved Road Accessory Dwelling Unit: Separate Entrance Pool Features: Inground Security Features: Carbon Monoxide Detector; Fire Alarm; Smoke Detector(s) Parking Features: Additional Parking; Assigned; Parking Lot; Paved Other Structures: Pool House Association Amenities: Dock; Dog Park; Dumpster; Elevators; Conference Center; Picnic Area; Pool; Recreation Facilities; Separate Storage; Sidewalks; Waterfront Rooms: Bedroom; Primary Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Phone – Connected; Public Sewer – Connected; Public Water – Connected Waterfront Type: Bay/Harbor Waterfront Feature: Dock; Shore – Seawall Waterview: Bay Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width
Primary Bedroom	First	16 x 12	16.00	12.00
Bedroom	First	14 x 12	14.00	12.00
Bedroom	First	12 x 11	12.00	11.00

Listing Office: Corcoran Reverie

Last Updated: September – 16 – 2026

Information deemed reliable but not guaranteed.