4113 Cobalt Circle PO75, Panama City Beach, FL 32408
$1,100,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
3,983
Status:
Sold
Current Price:
$1,394,000
List Date:
5/05/2025
Last Modified:
7/21/2025
Description
Experience the pinnacle of waterfront luxury in this extraordinary penthouse condo, boasting nearly 4,000 square feet of elevated living space with breathtaking panoramic views of St. Andrews Bay. Tucked within the exclusive gated enclave of Waterhaven on the east end of Panama City Beach, this residence redefines coastal elegance with a private 15×35′ boat slip equipped with water, electric, and a 10,000 lb lift—perfect for the avid boater seeking seamless access to the Gulf. Thoughtfully designed for refined entertaining, the open floor plan features a chef’s dream kitchen complete with a Sub-Zero refrigerator, professional-grade Viking six-burner gas stove with double oven, prep kitchen, serving bar, and an expansive granite island—all flowing effortlessly into the dining and living spaces with rich hardwood floors and uninterrupted bayfront views.
From sunrise coffees on your private master balcony to sunset soirees on the spacious wraparound decks, every moment here is curated for luxury and leisure. The grand foyer impresses with a winding staircase and elevator, leading to a bonus en suite ideal for multi-generational living or a private guest retreat. Soaring ceilings, custom crown molding, tongue-and-groove accents, Hardy board details, and new skylights bathe the interior in natural light. Recent high-end upgrades include oak floors, paint, ceilings, a tankless water heater, and three new HVAC systems (2020). Residents enjoy access to resort-style amenities: a bayfront pool, outdoor kitchen, clubhouse with theater, fitness center, event space, and an extended dock perfect for fishing or relaxing. This is a rare opportunity to own a true hidden gem in one of Panama City Beach’s most treasured communities offering the lifestyle you deserve, with the views to match.
More Information MLS# 772988
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 5498
HOA Frequency: Quarterly
HOA Annual Amount: 21992
New Buyer Fee: No
Last Taxes: 4481
Last Tax Year: 2024
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 349.99
Status: Sold
List Date: 2025-05-04
List Price: $1,394,000
Current Price: $1,100,000
Location
Unit #: PO75
Sub Area: 0319 – Beach – East
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Heading West over Hathaway Bridge, Turn South (Left) on Thomas Dr. (approx 2.1 mi) Turn Left onto Magnolia Beach Rd., (approx 1.1 mi) Road will start to curve– turning road name to Delwood Beach Rd., and just after that curve, take a Left to get back on Magnolia Beach Rd. (Keep Right). (,6 mi) Turn Left onto Mystic Lane, Turn Left onto Cobalt Cir, & Bldg is on your Left–Penthouse on 3rd floor.
Area: 03 – Bay County – Beach
Street #: 4113
Street Name: Cobalt
Street Suffix: Circle
State: FL
Zip Code: 32408
County: Bay
Subdivision: Waterhaven
Parcel ID: 40000-050-053
Legal Description: WATERHAVEN UNIT P075 TYPE F1 3BR 4.5B ORB 2904 P 186 W/LOFT 3216 SF ORB 4342 P 2201 **PENTHOUSE*
General Property Info
Design: Southern
Apx SqFt(Htd/Cooled): 3983
Construction Status: Construction Complete
SqFt Source: Owner Measured
Half Baths: 1
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Attached Single Unit
Bedrooms: 4
Full Baths: 4
Total Baths: 5
Year Built: 2007
Remarks & Misc
Remarks: Experience the pinnacle of waterfront luxury in this extraordinary penthouse condo, boasting nearly 4,000 square feet of elevated living space with breathtaking panoramic views of St. Andrews Bay. Tucked within the exclusive gated enclave of Waterhaven on the east end of Panama City Beach, this residence redefines coastal elegance with a private 15×35′ boat slip equipped with water, electric, and a 10,000 lb lift—perfect for the avid boater seeking seamless access to the Gulf. Thoughtfully designed for refined entertaining, the open floor plan features a chef’s dream kitchen complete with a Sub-Zero refrigerator, professional-grade Viking six-burner gas stove with double oven, prep kitchen, serving bar, and an expansive granite island—all flowing effortlessly into the dining and living spaces with rich hardwood floors and uninterrupted bayfront views.
From sunrise coffees on your private master balcony to sunset soirees on the spacious wraparound decks, every moment here is curated for luxury and leisure. The grand foyer impresses with a winding staircase and elevator, leading to a bonus en suite ideal for multi-generational living or a private guest retreat. Soaring ceilings, custom crown molding, tongue-and-groove accents, Hardy board details, and new skylights bathe the interior in natural light. Recent high-end upgrades include oak floors, paint, ceilings, a tankless water heater, and three new HVAC systems (2020). Residents enjoy access to resort-style amenities: a bayfront pool, outdoor kitchen, clubhouse with theater, fitness center, event space, and an extended dock perfect for fishing or relaxing. This is a rare opportunity to own a true hidden gem in one of Panama City Beach’s most treasured communities offering the lifestyle you deserve, with the views to match.
Status Change Info
Sold Price/SqFt: 276.17
Under Contract Date: 2025-06-15
Sold Date: 2025-07-16
Sold Price: $1,100,000
Dining Room
First: 1
Pool Features
Fenced: 1
Inground: 1
Appliances
Bar Fridge: 1
Cooktop – Gas: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Ice Maker: 1
Microwave: 1
Oven – Double: 1
Oven – Gas: 1
Refrigerator: 1
Washer: 1
Wine Refrigerator: 1
Interior Features
Bookcases: 1
Ceiling – Crwn Molding: 1
Ceiling – Vaulted: 1
Elevator: 1
Floor – Hardwood: 1
Floor – Tile: 1
Kitchen Island: 1
Lighting – Recessed: 1
Pantry: 1
Skylight(s): 1
Stairs: 1
Wet Bar: 1
Construction/Siding
Foundation – Slab on Grade: 1
Roof – Metal: 1
Siding – Hardie Board: 1
Exterior
Balcony: 1
Fenced Lot-Part: 1
Patio Covered: 1
Storm Windows: 1
Waterfront Feature
Boat Slip: 1
Dock: 1
Association Fees Include
Accounting: 1
Community Room: 1
Dock: 1
Dumpster: 1
Exercise Room: 1
Gated Community: 1
Ground Keeping: 1
Insurance: 1
Management: 1
Pest Control: 1
Pool: 1
Recreational Faclty: 1
Security: 1
Sewer: 1
Theater: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Financing
Cash: 1
Conventional: 1
VA: 1
Furnished
Unfurnished: 1
Interior
Bonus Room: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Close to Clubhouse: 1
Landscaped: 1
Subdivision – Recorded: 1
Waterfront: 1
Lot Access
Gated Access: 1
County Road: 1
Paved Road: 1
Parking Features
Gated: 1
Paved: 1
Mstr Bath / Mstr Bdrm
MBed First Floor: 1
Present Zoning
Resid Single Family: 1
Association Amenities
Boardwalk: 1
Community Room: 1
Dock: 1
Exercise Room: 1
Fishing: 1
Game Room: 1
Gated Community: 1
Picnic Area: 1
Pool: 1
Recreation Facilities: 1
Rooms
Dining Room: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Utilities
Natural Gas – Connected: 1
Other – See Remarks: 1
Waterview
Bay: 1
Unobstructed: 1
Sale Type
As Is: 1
Waterfront Type
Bay/Harbor: 1
Master Bedroom
First: 1
Heating
Electric: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Gated Community: 1
Security Fence: 1
Security Lights: 1
Smoke Detector(s): 1
Property Features
Appliances: Bar Fridge; Cooktop – Gas; Dishwasher; Disposal; Dryer; Freezer; Ice Maker; Microwave; Oven – Double; Oven – Gas; Refrigerator; Washer; Wine Refrigerator
Master Bedroom: First
Heating: Electric
Exterior: Balcony; Fenced Lot-Part; Patio Covered; Storm Windows
Association Fees Include: Accounting; TV Cable; Community Room; Dock; Dumpster; Exercise Room; Gated Community; Insurance; Ground Keeping; Management; Pest Control; Pool; Recreational Faclty; Security; Sewer; Theater; Trash Disposal; Water
Financing: Cash; Conventional; VA
Furnished: Unfurnished
Interior: Bonus Room
Kitchen: First
Living Room: First
Lot Features: Close to Clubhouse; Landscaped; Subdivision – Recorded; Waterfront
Lot Access: County Road; Gated Access; Paved Road
Dining Room: First
Pool Features: Fenced; Inground
Security Features: Fire Alarm; Fire Sprinkler System; Gated Community; Security Fence; Security Lights; Smoke Detector(s)
Parking Features: Gated; Paved
Association Amenities: Boardwalk; Community Room; Dock; Fishing; Exercise Room; Game Room; Gated Community; Picnic Area; Pool; Recreation Facilities
Rooms: Dining Room; Kitchen; Living Room; Master Bedroom
Sale Type: As Is
Utilities: Natural Gas – Connected; Other – See Remarks
Waterfront Type: Bay/Harbor
Waterfront Feature: Boat Slip; Dock
Waterview: Bay; Unobstructed
Present Zoning: Resid Single Family
Room Information
Master Bedroom
Level: First
Dimensions: 41.6 x 15.5
Length: 41.60
Width: 15.50
Dimensions: 41.6 x 15.5
Remarks: Length runs parallel to water front views
Kitchen
Level: First
Dimensions: 15 x 14
Length: 15.00
Width: 14.00
Dimensions: 15 x 14
Living Room
Level: First
Dimensions: 28 x 19
Length: 28.00
Width: 19.00
Dimensions: 28 x 19
Remarks: Can be combined with formal space to double in size
Dining Room
Level: First
Dimensions: 14 x 12
Length: 14.00
Width: 12.00
Dimensions: 14 x 12
Listing Office:
Gillman Group Realty
Last Updated: July – 21 – 2025
Information deemed reliable but not guaranteed.