1112 Cove Pointe Drive, Panama City, FL 32401

New Listing
$189,000
Property Type: Residential Land Lot Size (sq. ft.): 15,682 Status: Active
Current Price: $189,000 List Date: 6/18/2026 Last Modified: 6/18/2026

Overview

Description

Build your dream home on this exceptional 0.365-acre waterfront homesite in the highly sought-after Cove Pointe community of Panama City. Nestled along the shores of Watson Bayou, this beautiful lot offers access to a navigable waterway leading directly to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico, making it an ideal location for boating enthusiasts. Known for its mature hardwood trees, elevated topography, and charming waterfront setting, Cove Pointe is one of Panama City's most desirable neighborhoods in Panama City. Residents enjoy a peaceful coastal lifestyle while being just minutes from downtown Panama City, marinas, dining, shopping, medical facilities, and the St. Andrews Bay Yacht Club. Whether you're planning a custom primary residence, vacation home, or waterfront retreat, this rare homesite presents an outstanding opportunity to build in an established community that perfectly blends natural beauty, convenience, and access to some of the area's best

Listing Details MLS# 791559

Contract Info

List Price/Acre
525000

Location

Street #
1112
Street Name
Cove Pointe
Street Suffix
Drive
Area
02 – Bay County – Central
State
FL
Zip Code
32401
County
Bay
Sub Area
0203 – Bay – Central SW
Subdivision
Cove Pointe
Community/Resort
None
Waterfront
Yes
Parcel ID
21267-152-000
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay
Directions
Heading east from the Hathaway Bridge, taking 98 BUS E, turn right on E 4th St, slight left onto Mercedes Ave, turn left on E 3rd Ct. At the traffic circle, take the 3rd exit onto Cove Pointe Dr, destination will be on the left.
Legal Description
COVE POINTE LOT 52 4718 P 282

General Property Info

Sub-Type
Residential Lots
Lot Dimensions
80 x 185 x 81 x 171
Acreage
0.36
Lot Size (SqFt)
15682

Listing Info, Tax & Legal

HOA Fee
Yes
HOA Amount
1000
HOA Frequency
Annually
HOA Annual Amount
1000
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
Build your dream home on this exceptional 0.365-acre waterfront homesite in the highly sought-after Cove Pointe community of Panama City. Nestled along the shores of Watson Bayou, this beautiful lot offers access to a navigable waterway leading directly to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico, making it an ideal location for boating enthusiasts. Known for its mature hardwood trees, elevated topography, and charming waterfront setting, Cove Pointe is one of Panama City's most desirable neighborhoods in Panama City. Residents enjoy a peaceful coastal lifestyle while being just minutes from downtown Panama City, marinas, dining, shopping, medical facilities, and the St. Andrews Bay Yacht Club. Whether you're planning a custom primary residence, vacation home, or waterfront retreat, this rare homesite presents an outstanding opportunity to build in an established community that perfectly blends natural beauty, convenience, and access to some of the area's best boating and waterfront amenities.

Association Fees Include

Master Association
Yes

More Information

Financing

Cash
Yes
Conventional
Yes

Lot Features

Covenants
Yes
Interior Lot
Yes
Waterfront
Yes

Lot Access

City Street
Yes
Paved Road
Yes

Present Zoning

Deed Restrictions
Yes
Resid Single Family
Yes

Showing

ShowingTime
Yes

Utilities

Electricity – Connected
Yes
Public Sewer Available
Yes
Water Connected
Yes

Waterview

Bayou
Yes

Sale Type

As Is
Yes

Waterfront Type

Bayou w/ Gulf Access
Yes

Property Features

Financing: Cash; Conventional Lot Access: City Street; Paved Road Lot Features: Covenants; Interior Lot; Waterfront Sale Type: As Is Showing: ShowingTime Utilities: Electricity – Connected; Public Sewer Available; Water Connected Waterfront Type: Bayou w/ Gulf Access Waterview: Bayou Present Zoning: Deed Restrictions; Resid Single Family
Listing Office: Legacy Premier Agency
Last Updated: June – 18 – 2026
Information deemed reliable but not guaranteed.