724 Bunkers Cove Road, Panama City, FL 32401

$847,000
Property Type: Residential Land Lot Size (sq. ft.): 47,960 Status: Sold
Current Price: $957,000 List Date: 2/09/2024 Last Modified: 10/03/2024

Description

A rare WATERFRONT opportunity with NO HOA is now available to build your dream home in the highly coveted Cove neighborhood! Adorned with hundred year old, mature oak trees and 175′ water frontage, this is an idyllic setting featuring unparalleled views of the open Bay. This vacant lot, ready to build, presents an exceptional canvas for your dream waterfront retreat. This lot boasts an incredible 1.1 acres and is situated across from a neighborhood park. You’ll enjoy the highest level of privacy on this estate-sized homesite that is so rare. The lot provides access to newly ran city water and sewer lines at the road along with natural gas. Don’t miss your chance to own this PRIME waterfront homesite on Bunkers Cove Road with stunning panoramic views of the Bay, located just 6 miles by boat to the open Gulf of Mexico. Live your best WATERFRONT life fishing, boating, kayaking, and enjoy the purest of Bay views from your backyard. The seller has begun preliminary home plans for a 2,751 SF single level home offering three bedrooms, three bathrooms, office, bonus room above the three car garage and a remarkable outdoor living area. The plans will convey to buyer but are not engineered or build-ready. The buyer may choose to continue on with the plans at their discretion and cost. Renderings show the home on the lot for visual purposes only. The Cove is a quaint neighborhood that features highly desirable waterfront homesites, charming community parks, golf cart-friendly streets and activities year-round! Just minutes from booming downtown Panama City, you’ll be just a few miles from farmers markets, a brewery, arcade, fabulous dining, boutique shopping and tons of activities. A waterfront opportunity like this doesn’t come available often. This is your chance to build your dream home!

More Information MLS# 745452

Contract Info

List Price/Acre: 870000 Status: Sold List Date: 2023-08-19 List Price: $957,000 Current Price: $847,000

Location

Sub Area: 0203 – Bay – Central SW Community/Resort: Bunkers Cove Waterfront: Yes Elementary School: Cherry Street Middle School: Jinks High School: Bay Directions: Heading east on Hwy 98, turn right onto Frankford Avenue, road becomes Beach Drive. Follow Beach Drive until road becomes Cherry Street. Turn right onto Bunkers Cove Road. Follow road until 724 Bunkers Cove Road is on the right. Lot is located across from community park. Street #: 724 Street Name: Bunkers Cove Street Suffix: Road Area: 02 – Bay County – Central State: FL Zip Code: 32401 County: Bay Subdivision: Cove Park Add (Bunkers Cove) Parcel ID: 25649-000-100 Legal Description: COVE PARK ADD LOT 3 LESS PCL TO MOODY, LOT 4 ALSO A TRI STRIP OFF S SIDE LOT 5 BLK 2 ORB 4259 P 785

General Property Info

Acreage: 1.1 Lot Size (SqFt): 47960 Lot Dimensions: 69′ x 74′ x 175′ x 86′ Sub-Type: Residential Lots

Listing Info, Tax & Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 0 Last Tax Year: 2022 As Is: Yes

Remarks & Misc

Remarks: A rare WATERFRONT opportunity with NO HOA is now available to build your dream home in the highly coveted Cove neighborhood! Adorned with hundred year old, mature oak trees and 175′ water frontage, this is an idyllic setting featuring unparalleled views of the open Bay. This vacant lot, ready to build, presents an exceptional canvas for your dream waterfront retreat. This lot boasts an incredible 1.1 acres and is situated across from a neighborhood park. You’ll enjoy the highest level of privacy on this estate-sized homesite that is so rare. The lot provides access to newly ran city water and sewer lines at the road along with natural gas. Don’t miss your chance to own this PRIME waterfront homesite on Bunkers Cove Road with stunning panoramic views of the Bay, located just 6 miles by boat to the open Gulf of Mexico. Live your best WATERFRONT life fishing, boating, kayaking, and enjoy the purest of Bay views from your backyard. The seller has begun preliminary home plans for a 2,751 SF single level home offering three bedrooms, three bathrooms, office, bonus room above the three car garage and a remarkable outdoor living area. The plans will convey to buyer but are not engineered or build-ready. The buyer may choose to continue on with the plans at their discretion and cost. Renderings show the home on the lot for visual purposes only. The Cove is a quaint neighborhood that features highly desirable waterfront homesites, charming community parks, golf cart-friendly streets and activities year-round! Just minutes from booming downtown Panama City, you’ll be just a few miles from farmers markets, a brewery, arcade, fabulous dining, boutique shopping and tons of activities. A waterfront opportunity like this doesn’t come available often. This is your chance to build your dream home!

Status Change Info

Sold Price/Acre: 770000 Under Contract Date: 2024-05-13 Sold Date: 2024-06-17 Sold Price: $847,000

Financing

Cash: 1 Construction Perm: 1

Lot Features

Survey Available: 1 Waterfront: 1 Within 1/2 Mile to Water: 1

Waterfront Feature

Shore – Natural: 1 Waterfront Feet: 175

Lot Access

City Street: 1

Present Zoning

Resid Single Family: 1

Association Amenities

Waterfront: 1

Utilities

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

Waterview

Bay: 1

Sale Type

As Is: 1

Waterfront Type

Bay/Harbor: 1

Property Features

Financing: Cash; Construction Perm Lot Access: City Street Lot Features: Survey Available; Waterfront; Within 1/2 Mile to Water Sale Type: As Is Utilities: Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Water Connected Waterfront Type: Bay/Harbor Waterfront Feature: Shore – Natural Waterview: Bay Present Zoning: Resid Single Family
Listing Office: Corcoran Reverie
Last Updated: October – 03 – 2024
Information deemed reliable but not guaranteed.