1150 Cove Pointe Drive, Panama City, FL 32401
New Listing
$100,000
Property Type:
Residential Land
Lot Size (sq. ft.):
8,712
Status:
Active
Current Price:
$100,000
List Date:
9/16/2026
Last Modified:
9/16/2026
Listing Details MLS# 795489
Contract Info
- List Price/Acre
- 500000
Location
- Street #
- 1150
- 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
- No
- Parcel ID
- 21267-157-000
- Elementary School
- Cherry Street
- Middle School
- Jinks
- High School
- Bay
- Directions
- Heading South on N Cove Blvd. turn left on E 3rd Street. Cove Pointe will be on the left and this is the first lot on the right on the corner. Sign in yard
- Legal Description
- COVE POINTE LOT 57 ORB 4737 P 2357
General Property Info
- Sub-Type
- Residential Lots
- Lot Dimensions
- Irregular
- Acreage
- 0.2
- Lot Size (SqFt)
- 8712
Listing Info, Tax & Legal
- HOA Fee
- Yes
- HOA Amount
- 700
- HOA Frequency
- Annually
- HOA Annual Amount
- 700
- Last Taxes
- 999.7
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
- As Is
- Yes
Remarks & Misc
- Remarks
- High and Dry, Flood Zone X, water, sewer, and power at the road. Survey in hand. 1150 Cove Pointe Dr is ready to build on! This .199-acre homesite sits on a quiet interior street in Cove Pointe, a small single-family community on Watson Bayou. Owners share a private day dock — from there you're into St. Andrews Bay and out to the Gulf with no overhead obstructions along the way. There's real history on this ground. It was Cove Gardens, built in the early 1940s as the only military housing in Bay County. When the Air Force released it, an act of Congress routed the sale through the City so the proceeds would go back to Tyndall, and the City wrote the development rules itself, low density, protect the trees. That's why the oaks are still standing. The developer removed all 133 units, restored the site, and put in new roads, utilities, drainage, and the community dock. Fifty-eight lots in all, completed in 2006. HOA dues are $700 a year. Minimum build is 1,800 heated and cooled square feet, with a two-car garage and architectural review. In-ground pools are permitted. Short-term rentals are not, so this is a neighborhood people live in. A community park, named for one of the original partners, is planned and not yet built. Downtown Panama City's waterfront district is minutes by car or golf cart. Restaurants, Marinas, St. Andrews Bay Yacht Club, and Bay Medical are all close. Survey, covenants, and design guidelines available on request. Schedule your showing today!
Association Fees Include
- Dock
- Yes
More Information
Financing
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Corner Lot
- Yes
- Near Public Boat Ramp
- Yes
- Within 1/2 Mile to Water
- Yes
Lot Access
- Paved Road
- Yes
Present Zoning
- Resid Single Family
- Yes
Association Amenities
- Dock
- Yes
Utilities
- All Utilities
- Yes
Sale Type
- As Is
- Yes
Property Features
Financing:
Cash; Conventional
Lot Access:
Paved Road
Lot Features:
Corner Lot; Near Public Boat Ramp; Within 1/2 Mile to Water
Sale Type:
As Is
Utilities:
All Utilities
Present Zoning:
Resid Single Family
Listing Office:
Secure Real Estate
Last Updated: September – 16 – 2026
Information deemed reliable but not guaranteed.