500 Bunkers Cove Road, Panama City, FL 32401

$1,200,000
Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 5,299 Lot Size (sq. ft.): 59,242 Status: Sold
Current Price: $1,395,000 List Date: 8/25/2021 Last Modified: 9/23/2024

Description

Reigning as one of the most sought-after locations in the panhandle, this iconic Bunkers Cove waterfront estate affords breathtaking views of St. Andrews Bay and is embodied with rich history of the Sudduth family and the vision of developer, H.L. Sudduth, that is still being carried out to this day. Built by the Sudduth Family as their primary residence in 1932, this prominent and historic home sits on 1.36 ACRES and 3 homesites. The value of this land is incredible! Leader of the family, H.L. Sudduth, is credited for the development of the Cove neighborhood from inception over 100 years ago and chose this specific homesite for his own private residence.

Supplements: An incredibly rare opportunity is available to revive, restore and preserve a piece of Cove history with this beautiful, architecturally striking Bayfront manor. Views of the shimmering water immediately attract attention as you travel through the foyer and into the main living area. Beamed ceilings and custom windows surround while thoughtfully-designed arched openings provide the perfect flow to the stunning dining room with exquisite natural lighting and French doors to the patio. A Chef’s kitchen is ideal for family baking on the sprawling island and considerate in design for overflow onto the patio, connecting the outdoors to both the main home and the bonus room ensuite. Integrated with flagstone patio and walkways, this area is excellent to create your own high-end Summer kitchen and outdoor seating area. Positioned with entertaining of utmost importance, the pool and spa are designed for maximum enjoyment of the entire property. With 90′ Bay frontage and 180 degree views, this home gives you the desirable deep water access for your Sportfish or center console boat. A short boat ride to Shell Island and only minutes from the open Gulf of Mexico, this is a Fishermans dream. The main home offers 5 bedrooms with 5 bathrooms is complete with a bonus room ensuite off of the vaulted mudroom breezeway to the 2-car garage. A carriage guest house overlooking the famed Bunkers Cove Road offers space for a charming guest suite with a sizable living area and full kitchen connectivity. Great for rental potential or to hosts your guests. Deep water with pure views of the bay and a 6-8′ draft year-round ideal for those who desire to live on the open Bay. This one-of-a-kind Bunkers Cove home is ready for a detailed and authentic restoration, one that will preserve its history and elegance as has been told for many generations before us. This home still has a story to tell. Inquire today and start living the coastal lifestyle you deserve. The home has been through remediation after Hurricane Michael and is being sold AS-IS. To help visualize the potential of this incredible waterfront renovation, virtual renderings are shown. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

More Information MLS# 714270

Listing Info, Tax and Legal

Homestead: No HOA Fee: No New Buyer Fee: No Last Taxes: 14284 Last Tax Year: 2020 Brokerage Interest: No Interest As Is: Yes

Contract Info

List Price/SqFt: 263.26 Status: Sold List Date: 2021-07-07 List Price: $1,395,000 Current Price: $1,200,000

Location

Sub Area: 0203 – Bay – Central SW Community/Resort: Bunkers Cove Waterfront: Yes Elementary School: Cherry Street Middle School: Jinks High School: Bay Directions: From 23rd Street, go north on Cove Boulevard. Turn left onto Bunkers Cove Road. Area: 02 – Bay County – Central Street #: 500 Street Name: Bunkers Cove Street Suffix: Road State: FL Zip Code: 32401 County: Bay Subdivision: Sudduths 3rd Add Parcel ID: 21041-000-000 Legal Description: SUDDUTHS 3RD ADD LOTS 9,10,11 BLK 71 ORB 2006 P 550 MAP 106B1&B2

General Property Info

Acreage: 1.36 Design: Traditional Lot Size (SqFt): 59242 Apx SqFt(Htd/Cooled): 5299 Immediate Occupancy: No Construction Status: Construction Complete SqFt Source: Prop App Site Pre-Const Flip: No Lot Dimensions: 106x166x308x120x325 Garage Y/N: Yes Garage Spaces: 2 Beach Frontage: 90 Driveway Spaces: 5 Sub-Type: Detached Single Family Bedrooms: 6 Full Baths: 7 Total Baths: 7 Year Built: 1926

Remarks & Misc

Remarks: Reigning as one of the most sought-after locations in the panhandle, this iconic Bunkers Cove waterfront estate affords breathtaking views of St. Andrews Bay and is embodied with rich history of the Sudduth family and the vision of developer, H.L. Sudduth, that is still being carried out to this day. Built by the Sudduth Family as their primary residence in 1932, this prominent and historic home sits on 1.36 ACRES and 3 homesites. The value of this land is incredible! Leader of the family, H.L. Sudduth, is credited for the development of the Cove neighborhood from inception over 100 years ago and chose this specific homesite for his own private residence.

Status Change Info

Sold Price/SqFt: 226.46 Sold Price/Acre: 882352.94 Under Contract Date: 2021-09-19 Sold Date: 2021-09-30 Sold Price: $1,200,000

Dining Room

First: 1

Pool Features

Fenced: 1 Inground: 1 Spa/ Hot Tub: 1

Appliances

Cooktop – Electric: 1 Dishwasher: 1 Disposal: 1 Microwave: 1 Oven – Electric: 1 Refrigerator: 1 Water Heater – Electric: 1

Interior Features

Breakfast Bar: 1 Ceiling – Beamed: 1 Fireplace: 1 Floor – Hardwood: 1 Guest Quarters: 1 Kitchen Island: 1 Lighting – Recessed: 1 Needs Work: 1 Window – Bay: 1

Construction/Siding

Brick: 1 Roof – Composite Shngl: 1

Exterior

Patio Open: 1 Pool: 1 Separate Bldg Rent: 1

Waterfront Feature

Shore – Beach: 1 Waterfront Feet: 90

Other Structures

Garage(s): 1 Guest House: 1

Financing

Cash: 1 Construction Perm: 1

Furnished

Unfurnished: 1

Interior

Bonus Room: 1

Living Room

First: 1

Lot Features

Waterfront: 1

Lot Access

City Street: 1 Paved Road: 1

Parking Features

Additional Parking: 1 Boat: 1 Garage: 1 Garage Attached: 1 Guest: 1 Paved: 1 RV: 1 RV Access/Parking: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed Walk-in Closet: 1 MBed Waterfront: 1

Present Zoning

Resid Single Family: 1

Rooms

Bedroom: 1 Dining Room: 1 Kitchen: 1 Living Room: 1

Utilities

Electricity – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Waterview

Bay: 1

Sale Type

As Is: 1

Waterfront Type

Bay/Harbor: 1

Bedroom

First: 1 Second: 1

Cooling

Central Air: 1

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Microwave; Oven – Electric; Refrigerator; Water Heater – Electric Bedroom: First; Second Cooling: Central Air Exterior: Patio Open; Pool; Separate Bldg Rent Financing: Cash; Construction Perm Furnished: Unfurnished Interior: Bonus Room Living Room: First Lot Features: Waterfront Lot Access: City Street; Paved Road Dining Room: First Pool Features: Fenced; Inground; Spa/ Hot Tub Parking Features: Additional Parking; Boat; Garage; Garage Attached; Guest; Paved; RV; RV Access/Parking Other Structures: Garage(s); Guest House Rooms: Bedroom; Dining Room; Kitchen; Living Room Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected Waterfront Type: Bay/Harbor Waterfront Feature: Shore – Beach Waterview: Bay Present Zoning: Resid Single Family

Room Information

Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Dining Room Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Living Room Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: Second Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Kitchen Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0
Listing Office: Corcoran Reverie
Last Updated: September – 23 – 2024
Information deemed reliable but not guaranteed.