227 S Cove Terrace Drive, Panama City, FL 32401
$1,350,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
3,450
Lot Size (sq. ft.):
14,201
Status:
Sold
Current Price:
$1,475,000
List Date:
7/09/2025
Last Modified:
8/12/2025
Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS..........Welcome to your dream waterfront retreat! This stunning 3,450 sq. ft. home offers 4 bedrooms, 4 bathrooms, and breathtaking views of the bay from every angle. Nestled in The Cove, enjoy a waterfront park, two pocket parks, ball field and a multi-use path. Not to mention walk, bike, or golf cart to Downtown!
Step inside to find a brand-new remodeled kitchen with high-end finishes, perfect for the home chef. The expansive family room features a stone fireplace, creating a warm and inviting atmosphere. Working from home is effortless with a dedicated office space that offers tranquility and inspiration.
Outdoor living is unmatched with over 2,000 sq. ft. of backyard decking, a pool, and a luxurious 8-seater hot tub, making it the perfect space for entertaining. Relax on your private front porch or take advantage of the double boat dock with a platform deck, boat lift, and direct access to the bay for endless days on the water. Only 15 minutes to Shell Island.
This home is also equipped with a full-house generator, ensuring comfort and security year-round. Whether you're looking for a serene escape or the ultimate entertainment destination, this property delivers it all.
Don't miss the opportunity to own this incredible waterfront home - schedule your private tour today!
More Information MLS# 771520
Listing Info, Tax and Legal
Homestead: Yes
HOA Fee: No
New Buyer Fee: No
Last Taxes: 5076
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes
Contract Info
List Price/SqFt: 427.54
Status: Sold
List Date: 2025-04-05
List Price: $1,475,000
Current Price: $1,350,000
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: Bunkers Cove
Waterfront: Yes
Gulf Access: Yes
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: South on Cove Blvd to Cherry St. Turn Left on Cherry to Cove Terrace. Turn right and follow down to 227.
Area: 02 - Bay County - Central
Street #: 227
Street Direction: S
Street Name: Cove Terrace
Street Suffix: Drive
State: FL
Zip Code: 32401
County: Bay
Subdivision: Cove Terrace
Parcel ID: 21639-000-000
Legal Description: COVE TERRACE LOT 19 BLK 82 ORB 3615 P 2086
General Property Info
Acreage: 0.33
Design: Traditional
Lot Size (SqFt): 14201
Apx SqFt(Htd/Cooled): 3450
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Owner Measured
# of Stories in Building: 2
Lot Dimensions: 90 x 158
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Covered Spaces: 1
Driveway Spaces: 2
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 4
Total Baths: 4
Year Built: 1950
Remarks & Misc
Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS..........Welcome to your dream waterfront retreat! This stunning 3,450 sq. ft. home offers 4 bedrooms, 4 bathrooms, and breathtaking views of the bay from every angle. Nestled in The Cove, enjoy a waterfront park, two pocket parks, ball field and a multi-use path. Not to mention walk, bike, or golf cart to Downtown!
Step inside to find a brand-new remodeled kitchen with high-end finishes, perfect for the home chef. The expansive family room features a stone fireplace, creating a warm and inviting atmosphere. Working from home is effortless with a dedicated office space that offers tranquility and inspiration.
Outdoor living is unmatched with over 2,000 sq. ft. of backyard decking, a pool, and a luxurious 8-seater hot tub, making it the perfect space for entertaining. Relax on your private front porch or take advantage of the double boat dock with a platform deck, boat lift, and direct access to the bay for endless days on the water. Only 15 minutes to Shell Island.
This home is also equipped with a full-house generator, ensuring comfort and security year-round. Whether you're looking for a serene escape or the ultimate entertainment destination, this property delivers it all.
Don't miss the opportunity to own this incredible waterfront home - schedule your private tour today!
Status Change Info
Sold Price/SqFt: 391.3
Sold Price/Acre: 4090909.09
Under Contract Date: 2025-07-24
Sold Date: 2025-08-11
Sold Price: $1,350,000
Dining Room
First: 1
Foyer
First: 1
Laundry
Basement: 1
Master Bathroom
First: 1
Office
First: 1
Pool Features
Heated - Gas: 1
Inground: 1
Pool/Spa Combo: 1
Appliances
Cooktop - Gas: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Ice Maker: 1
Oven - Electric: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Washer/Dryer Stacked: 1
Water Heater - Gas: 1
Water Heater - Tankless: 1
Interior Features
Ceiling - Raised: 1
Fireplace: 1
Floor - Tile: 1
Floor - Vinyl Plank: 1
Kitchen Island: 1
Lighting - Recessed: 1
Split Bedroom: 1
Stairs: 1
Construction/Siding
Block: 1
Brick: 1
Foundation - Off Grade: 1
Foundation - Slab on Grade: 1
Roof - Dimensional Shg: 1
Siding - Wood: 1
Trim - Wood: 1
Exterior
Deck Open: 1
Fenced Back Yard: 1
Fenced Lot-All: 1
Sprinkler System: 1
Waterfront Feature
Boat Slip: 1
Boatlift: 1
Dock: 1
Bulkhead/Seawall: 1
Waterfront Feet: 90
Other Structures
Boat House: 1
Financing
Cash: 1
Conventional: 1
VA: 1
Furnished
Unfurnished: 1
Interior
Bunk Room: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Landscaped: 1
Subdivision - Recorded: 1
Sidewalk: 1
Waterfront: 1
Lot Access
City Street: 1
Paved Road: 1
Parking Features
Carport Attached: 1
Driveway: 1
Garage Attached: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Walk-In Closet: 1
MBed First Floor: 1
MBed Waterfront: 1
MBath Shower/Tub Combo: 1
Present Zoning
Resid Single Family: 1
Rooms
Bedroom: 1
Dining Room: 1
Foyer: 1
Full Bathroom: 1
Kitchen: 1
Laundry: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Office: 1
Utilities
Electricity - Connected: 1
Garbage: 1
Natural Gas - Connected: 1
Private Well: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Bay: 1
Bayou: 1
Sale Type
As Is: 1
Full Bathroom
Basement: 1
First: 1
Waterfront Type
Bayou w/ Gulf Access: 1
Master Bedroom
First: 1
Bedroom
Basement: 1
Cooling
Central Air: 1
Electric: 1
Mini-Split/Ductless: 1
Multi Units: 1
Heating
Central: 1
Electric: 1
Fireplace - Wood Burning: 1
Mini-Split/Ductless: 1
Property Features
Appliances: Cooktop - Gas; Dishwasher; Disposal; Dryer; Ice Maker; Oven - Electric; Range Hood; Refrigerator; Washer; Washer/Dryer Stacked; Water Heater - Gas; Water Heater - Tankless
Full Bathroom: Basement; First
Master Bedroom: First
Bedroom: Basement
Cooling: Central Air; Electric; Mini-Split/Ductless; Multi Units
Heating: Central; Electric; Fireplace - Wood Burning; Mini-Split/Ductless
Exterior: Deck Open; Fenced Back Yard; Fenced Lot-All; Sprinkler System
Financing: Cash; Conventional; VA
Furnished: Unfurnished
Interior: Bunk Room
Kitchen: First
Living Room: First
Lot Features: Landscaped; Sidewalk; Subdivision - Recorded; Waterfront
Lot Access: City Street; Paved Road
Master Bathroom: First
Dining Room: First
Foyer: First
Laundry: Basement
Office: First
Pool Features: Heated - Gas; Inground; Pool/Spa Combo
Parking Features: Carport Attached; Driveway; Garage Attached
Other Structures: Boat House
Rooms: Bedroom; Dining Room; Foyer; Full Bathroom; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom; Office
Sale Type: As Is
Utilities: Electricity - Connected; Garbage; Natural Gas - Connected; Private Well; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Bayou w/ Gulf Access
Waterfront Feature: Boat Slip; Boatlift; Bulkhead/Seawall; Dock; Bulkhead/Seawall
Waterview: Bay; Bayou
Present Zoning: Resid Single Family
Room Information
Living Room
Level: First
Dimensions: 24 x 21
Length: 24.00
Width: 21.00
Dimensions: 24 x 21
Kitchen
Level: First
Dimensions: 26 x 13
Length: 26.00
Width: 13.00
Dimensions: 26 x 13
Dining Room
Level: First
Dimensions: 13 x 17
Length: 13.00
Width: 17.00
Dimensions: 13 x 17
Office
Level: First
Dimensions: 12 x 13
Length: 12.00
Width: 13.00
Dimensions: 12 x 13
Foyer
Level: First
Dimensions: 5 x 13
Length: 5.00
Width: 13.00
Dimensions: 5 x 13
Full Bathroom
Level: First
Dimensions: 8 x 5
Length: 8.00
Width: 5.00
Dimensions: 8 x 5
Master Bedroom
Level: First
Dimensions: 15 x 16
Length: 15.00
Width: 16.00
Dimensions: 15 x 16
Master Bathroom
Level: First
Dimensions: 12 x 15
Length: 12.00
Width: 15.00
Dimensions: 12 x 15
Remarks: includes laundry area
Bedroom
Level: Basement
Dimensions: 16 x 12
Length: 16.00
Width: 12.00
Dimensions: 16 x 12
Full Bathroom
Level: Basement
Dimensions: 8 x 7
Length: 8.00
Width: 7.00
Dimensions: 8 x 7
Bedroom
Level: Basement
Dimensions: 12 x 13
Length: 12.00
Width: 13.00
Dimensions: 12 x 13
Full Bathroom
Level: Basement
Dimensions: 8 x 5
Length: 8.00
Width: 5.00
Dimensions: 8 x 5
Bedroom
Level: Basement
Dimensions: 24 x 11
Length: 24.00
Width: 11.00
Dimensions: 24 x 11
Laundry
Level: Basement
Dimensions: 4 x 13
Length: 4.00
Width: 13.00
Dimensions: 4 x 13
Remarks: includes storage area
Listing Office:
Counts Real Estate Group
Last Updated: August - 12 - 2025
Information deemed reliable but not guaranteed.