200 S Cove Terrace Drive, Panama City, FL 32401

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Sold Price
$515,000
List Price
$520,000
Closing Date
May 08, 2026
MLS#
786856
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
4
Bathrooms
3
Lot Size
13,068
Neighborhood
Bay - Central SW

Property Description

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS - Welcome to 200 S Cove Terrace, located in the highly sought-after Cove neighborhood of Panama City. Known for its charm, golf-cart-friendly streets, and close-knit community feel, The Cove offers an unbeatable location just minutes from the bay, downtown Panama City, local dining, parks, and marinas. Positioned on a desirable corner lot, this property combines convenience with the character that makes this neighborhood so special. *Solar Panels Paid off at Closing* Inside, the home features a comfortable living space anchored by a cozy wood-burning fireplace. The kitchen was refreshed in 2024 with updated appliances, cabinets, and countertops, offering a modern touch while maintaining the home's inviting feel. Step outside to enjoy the saltwater pool, perfect for relaxing or entertaining. Major pool updates include a pool pump replaced in 2019 and a brand-new pool liner installed in 2026. Additional improvements provide peace of mind, including AC replaced in 2019, water heater in 2021, gutters installed in 2020, and exterior painting completed in 2020. With its prime Cove location, corner lot setting, valuable updates, and easy access to both the bay and downtown Panama City, this property offers a great opportunity to enjoy one of the area's most beloved neighborhoods.

Additional Information

Acres
0.30
Appliances
Electric Range, Wine Cooler
Elementary School
Cherry Street
Exterior Features
Patio
High School
Bay
Lot Dimensions
Irregular
Lot Features
Paved
Middle School
Jinks
Neighborhood
Bay - Central SW
Project Facilities
Short Term Rental Allowed
Subdivision
Cove Terrace
Utilities
Electricity Available
Year Built
1949
Zoning
Resid Single Family

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Think Real Estate. Selling Office: Emerald Coast Realty Group.