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$310,000

Experience coastal living at its finest along the shimmering waters of St Andrews Bay in the heart of Panama City. This waterfront condo offers magnificent bay views, best enjoyed from the expensive balcony. It's an ideal spot to watch the dazzling Fourth of July fireworks, the enchanting annual Christmas boat parade, or simply relax and watch boats drift by as marine life moves along the shoreline. Inside you'll find a comfortable two-bedroom, two-bath layout, with each bedroom offering its own private bathroom. Enjoy the stunning bay views from both the living room and primary bedroom, both of which open directly onto the balcony. The building offers secured access for added privacy and convenience. Cove Condominium has an in-ground pool, community room and fishing dock available to residents. Just a short stroll away, discover the charm of historic Panama City where local restaurants, boutique shopping, a farmers market, coffees shops, and more await.

2 Beds ⋅ 2 Baths ⋅ 795123 MLS

100 Cherry Street Unit 501, Panama City

$399,000

MOTIVATED SELLER! Now offered with a $96,000 price reduction, this rare double-unit waterfront residence at The Cove presents an exceptional opportunity for both luxury living and investment potential. Originally Units 604 and 605, this expansive 2,701 sq. ft. bayfront residence was thoughtfully combined into one remarkable home. For buyers seeking flexibility, the property offers the unique possibility of being converted back into two separate condominium units, creating the potential for increased rental income, resale opportunities, or multigenerational living. Framed by sweeping views of St. Andrews Bay and Shell Island, this mid-century-inspired residence features full-height sliders spanning the length of the home, opening to two spacious balconies and creating a seamless connection to the waterfront. Automated hurricane shutters and remote-controlled sunshades provide comfort, convenience, and peace of mind. Recent updates include refreshed parquet flooring, designer lighting, and freshly painted interiors. The chef's kitchen is equipped with a Wolf cooktop, Maytag oven, and built-in JennAir microwave. Three private bedroom suites each feature their own full bath, while the owner's suite offers balcony access, panoramic bay views, and dual custom walk-in closets. A bayfront office with built-ins creates an inspiring workspace overlooking the water. Additional highlights include two recently replaced HVAC systems, two private storage units, and two dedicated parking spaces conveniently located near the elevator. Residents enjoy access to The Cove's waterfront pool, clubhouse, and private dock, all just minutes from Historic Downtown Panama City's thriving arts, dining, and entertainment district. This is a truly rare opportunity to own one of the largest and most distinctive waterfront residences in the area while also benefiting from the flexibility and value of what was originally two separate condominium units. Whether you're looking for an exceptional primary residence, second home, or investment opportunity, this property offers possibilities that are difficult to find on the Gulf Coast.

3 Beds ⋅ 3 Baths ⋅ 784711 MLS

100 Cherry Street Unit 604, Panama City