1175 Cove Pointe Drive, Panama City, FL 32401

New Listing
$249,000
Property Type: Residential Land Lot Size (sq. ft.): 20,952 Status: Active
Current Price: $249,000 List Date: 6/24/2026 Last Modified: 6/24/2026

Overview

Description

Rare opportunity to own a premier homesite with beautiful Watson Bayou views in the highly desirable Cove Pointe community. This spacious 0.48-acre lot offers the perfect setting to build your custom dream home, with ample room for outdoor living and entertaining. Residents of Cove Pointe enjoy access to a public park, conservation area and a community day dock with navigable water leading to the bay and Gulf, making it an ideal location for boating enthusiasts and those seeking the coastal lifestyle. Architectural guidelines help preserve the neighborhood's charming coastal character and enhance the appeal of this exclusive community. Cove Pointe is nestled within the historic Cove area of Panama City, known for its majestic oak-lined streets, waterfront properties, and scenic views. Located on a quiet cul-de-sac, 1175 Cove Pointe Drive provides both privacy and convenience, just minutes from downtown Panama City's revitalized waterfront district featuring unique shops, marinas,

Listing Details MLS# 791777

Contract Info

List Price/Acre
518750

Location

Street #
1175
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
21267-112-000
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay
Directions
South on Cove Blvd, left on Business US 98, right on E. 4th Street, left onto Mercedes Ave. left on E Third ST, left into Cove Pointe Subdivision, take the 1st right on the roundabout onto Cove Pointe Drive and the property is located on the North right side of the cul-de-sac.
Legal Description
Lot 12, COVE POINTE, according to the plat thereof, recorded in Plat Book 22, Page(s) 23 through 31, of the Public Records of Bay County, Florida.

General Property Info

Sub-Type
Residential Lots
Lot Dimensions
85.35'x168.14'x141.29'x137.09'x141.22'
Acreage
0.48
Lot Size (SqFt)
20952

Listing Info, Tax & Legal

HOA Fee
Yes
HOA Amount
776
HOA Frequency
Annually
HOA Annual Amount
776
New Buyer Fee
Yes
New Buyer Fee Amt
776
Last Taxes
2229.11
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes
Lot
12
Section
9
Township
4S
Range
14W

Remarks & Misc

Remarks
Rare opportunity to own a premier homesite with beautiful Watson Bayou views in the highly desirable Cove Pointe community. This spacious 0.48-acre lot offers the perfect setting to build your custom dream home, with ample room for outdoor living and entertaining. Residents of Cove Pointe enjoy access to a public park, conservation area and a community day dock with navigable water leading to the bay and Gulf, making it an ideal location for boating enthusiasts and those seeking the coastal lifestyle. Architectural guidelines help preserve the neighborhood's charming coastal character and enhance the appeal of this exclusive community. Cove Pointe is nestled within the historic Cove area of Panama City, known for its majestic oak-lined streets, waterfront properties, and scenic views. Located on a quiet cul-de-sac, 1175 Cove Pointe Drive provides both privacy and convenience, just minutes from downtown Panama City's revitalized waterfront district featuring unique shops, marinas, art galleries, restaurants, and live entertainment venues. Enjoy easy access to local shopping, schools, healthcare facilities, and all the amenities the area has to offer. Don't miss this exceptional opportunity to create your own coastal retreat in one of Panama City's most sought-after neighborhoods. Make Cove Pointe your coastal paradise.

Association Fees Include

Accounting
Yes
Dock
Yes
Legal
Yes
Management
Yes

More Information

Financing

Conventional
Yes

Lot Features

Covenants
Yes
Cul-De-Sac
Yes
Subdivision – Recorded
Yes
Restrictions
Yes
Survey Available
Yes
Within 1/2 Mile to Water
Yes

Lot Access

City Street
Yes
Paved Road
Yes

Present Zoning

Resid Single Family
Yes

Utilities

All Utilities
Yes

Waterview

Bayou
Yes

Sale Type

As Is
Yes

Property Features

Financing: Conventional Lot Access: City Street; Paved Road Lot Features: Covenants; Cul-De-Sac; Subdivision – Recorded; Restrictions; Survey Available; Within 1/2 Mile to Water Sale Type: As Is Utilities: All Utilities Waterview: Bayou Present Zoning: Resid Single Family
Listing Office: Paradise Realty
Last Updated: June – 24 – 2026
Information deemed reliable but not guaranteed.