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.