306 Bunkers Cove Road, Panama City, FL 32401

$825,000
Property Type: Residential Land Lot Size (sq. ft.): 35,066 Status: Sold
Current Price: $950,000 List Date: 8/29/2025 Last Modified: 10/13/2025

Description

A once-in-a-lifetime waterfront opportunity awaits in the highly coveted Cove neighborhood of Panama City! This 0.8 acre double-lot with 70 ft of deep access waterfront adjacent to the St. Andrew’s Bay Yacht Club offers the perfect canvas to build your dream home or make a savvy investment with no HOA restrictions. Enjoy unparalleled panoramic southwesterly views across St. Andrew’s Bay, with direct access to the pass and the Gulf of Mexico. A federal preserve in the distance across the bay gives you an uncluttered view of nature. Step right from your backyard into a lifestyle filled with fishing, boating, kayaking, and soaking in the purest of sunset bay views. The Cove is known for its quaint charm, golf-cart friendly streets, and year-round community activities. Just minutes from downtown Panama City, you’ll find a vibrant mix of medical facilities, professional offices, boutique shopping, fine dining, and cultural events. Waterfront parcels in The Cove rarely become available—especially ones of this size and location. Don’t miss your chance to create your coastal masterpiece in one of the most desirable neighborhoods on Florida’s Gulf Coast.

Supplements: The lots are build-ready. Lot 304 is smaller and has utility connections nearer the street. Lot 306 is larger and has its connection nearer the center of the lot.

More Information MLS# 778321

Contract Info

List Price/Acre: 1172839.51 Status: Sold List Date: 2025-08-28 List Price: $950,000 Current Price: $825,000

Location

Sub Area: 0203 – Bay – Central SW Community/Resort: Bunkers Cove Waterfront: No Elementary School: Cherry Street Middle School: Jinks High School: Bay Directions: Starting at Ascension Sacred Heart Hospital, drive south on Cove Blvd. Turn left at Bunkers Cove. 306 Bunkers Cove is roughly .2 miles ahead on the right, just past Corto Street. Street #: 306 Street Name: Bunkers Cove Street Suffix: Road Area: 02 – Bay County – Central State: FL Zip Code: 32401 County: Bay Subdivision: Cove Parcel ID: 20896-000-000 Legal Description: SUDDUTHS 2ND. ADD. LOTS 3 & 4 BLK 32 ORB 4467 P 2020 MAP 105C3

General Property Info

Acreage: 0.81 Lot Size (SqFt): 35066 Lot Dimensions: 70×150 Beach Frontage: 70 Sub-Type: Residential Lots

Listing Info, Tax & Legal

HOA Fee: No Last Taxes: 7865 Last Tax Year: 2024 As Is: Yes Lot: Sudduths 2nd Ad Block: 32 Section: 9 Township: 4S Range: 14W

Remarks & Misc

Remarks: A once-in-a-lifetime waterfront opportunity awaits in the highly coveted Cove neighborhood of Panama City! This 0.8 acre double-lot with 70 ft of deep access waterfront adjacent to the St. Andrew’s Bay Yacht Club offers the perfect canvas to build your dream home or make a savvy investment with no HOA restrictions. Enjoy unparalleled panoramic southwesterly views across St. Andrew’s Bay, with direct access to the pass and the Gulf of Mexico. A federal preserve in the distance across the bay gives you an uncluttered view of nature. Step right from your backyard into a lifestyle filled with fishing, boating, kayaking, and soaking in the purest of sunset bay views. The Cove is known for its quaint charm, golf-cart friendly streets, and year-round community activities. Just minutes from downtown Panama City, you’ll find a vibrant mix of medical facilities, professional offices, boutique shopping, fine dining, and cultural events. Waterfront parcels in The Cove rarely become available—especially ones of this size and location. Don’t miss your chance to create your coastal masterpiece in one of the most desirable neighborhoods on Florida’s Gulf Coast.

Status Change Info

Sold Price/Acre: 1018518.52 Under Contract Date: 2025-09-19 Sold Date: 2025-10-10 Sold Price: $825,000

Assumable Mtg Typ

None: 1

Financing

Cash: 1 Conventional: 1 None: 1

Lot Features

Cleared: 1 Coastal Setback: 1 Graded: 1 Sloping: 1 Waterfront: 1

Waterfront Feature

Shore – Natural: 1 Waterfront Feet: 70

Lot Access

City Street: 1

Present Zoning

Resid Single Family: 1

Utilities

All Utilities: 1

Waterview

Bay: 1 Gulf/Pass: 1

Sale Type

As Is: 1

Property Features

Assumable Mtg Typ: None Financing: Cash; Conventional; None Lot Access: City Street Lot Features: Cleared; Coastal Setback; Graded; Sloping; Waterfront Sale Type: As Is Utilities: All Utilities Waterfront Feature: Shore – Natural Waterview: Bay; Gulf/Pass Present Zoning: Resid Single Family
Listing Office: HomeCoin.com
Last Updated: October – 13 – 2025
Information deemed reliable but not guaranteed.