200 S Cove Terrace Drive, Panama City, FL 32401
$515,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
2,625
Lot Size (sq. ft.):
13,068
Status:
Sold
Current Price:
$515,000
List Date:
3/16/2026
Last Modified:
5/11/2026
Overview
Description
…
(Read more)
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS – Welcome to 200 S Cove Terrace, located in the highly sought-after Cove neighborhood of Panama City. Known for its charm, golf-cart-friendly streets, and close-knit community feel, The Cove offers an unbeatable location just minutes from the bay, downtown Panama City, local dining, parks, and marinas. Positioned on a desirable corner lot, this property combines convenience with the character that makes this neighborhood so special.
*Solar Panels Paid off at Closing*
Inside, the home features a comfortable living space anchored by a cozy wood-burning fireplace. The kitchen was refreshed in 2024 with updated appliances, cabinets, and countertops, offering a modern touch while maintaining the home’s inviting feel.
Step outside to enjoy the saltwater pool, perfect for relaxing or entertaining. Major pool updates include a pool pump replaced in 2019 and a brand-new pool liner installed in 2026.
Additional improvements provide peace of mind, including AC replaced in 2019, water heater in 2021, gutters installed in 2020, and exterior painting completed in 2020.
With its prime Cove location, corner lot setting, valuable updates, and easy access to both the bay and downtown Panama City, this property offers a great opportunity to enjoy one of the area’s most beloved neighborhoods.
Listing Details MLS# 786856
Contract Info
- List Price/SqFt
- 198.1
Location
- Area
- 02 – Bay County – Central
- Street #
- 200
- Street Direction
- S
- Street Name
- Cove Terrace
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32401
- County
- Bay
- Sub Area
- 0203 – Bay – Central SW
- Subdivision
- Cove Terrace
- Community/Resort
- Bunkers Cove
- Waterfront
- No
- Parcel ID
- 21651-000-000
- Elementary School
- Cherry Street
- Middle School
- Jinks
- High School
- Bay
- Directions
- Traveling east on Hathaway Bridge – turn right onto Frankford Ave. Merge left onto Beach Dr. Turn left onto W 6th St. Turn right onto Cove Blvd. Turn left onto Cherry St. Turn right onto N Cove Blvd, home will be on the left.
- Legal Description
- COVE TERRACE LOT 1 BLK 84 ORB 3468 P 1109
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Traditional
- Apx SqFt(Htd/Cooled)
- 2625
- SqFt Source
- Prop App Site
- Full Baths
- 2
- Half Baths
- Yes
- Total Baths
- 3
- Year Built
- 1949
- Construction Status
- Construction Complete
- New Construction
- No
- Garage Y/N
- Yes
- Garage Spaces
- 2
- Lot Dimensions
- Irregular
- Acreage
- 0.3
- Lot Size (SqFt)
- 13068
- Pool
- Yes
- Pool Type
- Private
Status Change Info
- Under Contract Date
- 2026-03-25
- Sold Date
- 2026-05-08
- Sold Price/SqFt
- 196.19
- Sold Price/Acre
- 1716666.67
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 4540
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS – Welcome to 200 S Cove Terrace, located in the highly sought-after Cove neighborhood of Panama City. Known for its charm, golf-cart-friendly streets, and close-knit community feel, The Cove offers an unbeatable location just minutes from the bay, downtown Panama City, local dining, parks, and marinas. Positioned on a desirable corner lot, this property combines convenience with the character that makes this neighborhood so special. *Solar Panels Paid off at Closing* Inside, the home features a comfortable living space anchored by a cozy wood-burning fireplace. The kitchen was refreshed in 2024 with updated appliances, cabinets, and countertops, offering a modern touch while maintaining the home's inviting feel. Step outside to enjoy the saltwater pool, perfect for relaxing or entertaining. Major pool updates include a pool pump replaced in 2019 and a brand-new pool liner installed in 2026. Additional improvements provide peace of mind, including AC replaced in 2019, water heater in 2021, gutters installed in 2020, and exterior painting completed in 2020. With its prime Cove location, corner lot setting, valuable updates, and easy access to both the bay and downtown Panama City, this property offers a great opportunity to enjoy one of the area's most beloved neighborhoods.
More Information
Pool Features
- Inground
- Yes
- Saltwater
- Yes
Appliances
- Dishwasher
- Yes
- Microwave
- Yes
- Range – Electric
- Yes
- Refrigerator
- Yes
- Wine Cooler
- Yes
Interior Features
- Breakfast Bar
- Yes
- Fireplace
- Yes
- Floor – Hardwood
- Yes
- Floor – Laminate
- Yes
- Kitchen Island
- Yes
- Wet Bar
- Yes
Construction/Siding
- Brick
- Yes
- Roof – Dimensional Shg
- Yes
- Roof – Solar Panel
- Yes
Exterior
- Balcony
- Yes
- Fenced Privacy
- Yes
- Patio Open
- Yes
- Porch Covered
- Yes
Other Structures
- Shed(s)
- Yes
Furnished
- Unfurnished
- Yes
Lot Features
- Corner Lot
- Yes
- Within 1/2 Mile to Water
- Yes
Lot Access
- City Street
- Yes
- Paved Road
- Yes
Parking Features
- Driveway
- Yes
- Garage Attached
- Yes
Mstr Bath / Mstr Bdrm
- MBed Balcony
- Yes
Present Zoning
- Resid Single Family
- Yes
Rooms
- Bedroom
- Yes
- Master Bedroom
- Yes
Showing
- ShowingTime
- Yes
Utilities
- Cable – Available
- Yes
- Electricity – Connected
- Yes
- Public Sewer – Connected
- Yes
- Public Water – Connected
- Yes
- Solar
- Yes
Sale Type
- As Is
- Yes
Master Bedroom
- Second
- Yes
Bedroom
- First
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Fireplace – Wood Burning
- Yes
Property Features
Appliances:
Dishwasher; Microwave; Range – Electric; Refrigerator; Wine Cooler
Master Bedroom:
Second
Bedroom:
First
Cooling:
Central Air; Electric
Heating:
Central; Electric; Fireplace – Wood Burning
Exterior:
Balcony; Fenced Privacy; Patio Open; Porch Covered
Furnished:
Unfurnished
Lot Features:
Corner Lot; Within 1/2 Mile to Water
Lot Access:
City Street; Paved Road
Pool Features:
Inground; Saltwater
Parking Features:
Driveway; Garage Attached
Other Structures:
Shed(s)
Rooms:
Bedroom; Master Bedroom
Sale Type:
As Is
Showing:
ShowingTime
Utilities:
Cable – Available; Electricity – Connected; Public Sewer – Connected; Public Water – Connected; Solar
Present Zoning:
Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Master Bedroom | Second | 23 x 14 | 23.00 | 14.00 |
| Bedroom | First | 12 x 10 | 12.00 | 10.00 |
| Bedroom | First | 12 x 10 | 12.00 | 10.00 |
| Bedroom | First | 13 x 11 | 13.00 | 11.00 |
Listing Office:
Think Real Estate
Last Updated: May – 11 – 2026
Information deemed reliable but not guaranteed.