$249,000
Panama City, FL 32401
MLS# 791777
1 / 21
Property Description
Rare opportunity to own a premier homesite with beautiful Watson Bayou views in the highly desirable Cove Pointe community. This spacious 0.48-acre lot offers the perfect setting to build your custom dream home, with ample room for outdoor living and entertaining. Residents of Cove Pointe enjoy access to a public park, conservation area and a community day dock with navigable water leading to the bay and Gulf, making it an ideal location for boating enthusiasts and those seeking the coastal lifestyle. Architectural guidelines help preserve the neighborhood's charming coastal character and enhance the appeal of this exclusive community. Cove Pointe is nestled within the historic Cove area of Panama City, known for its majestic oak-lined streets, waterfront properties, and scenic views. Located on a quiet cul-de-sac, 1175 Cove Pointe Drive provides both privacy and convenience, just minutes from downtown Panama City's revitalized waterfront district featuring unique shops, marinas, art galleries, restaurants, and live entertainment venues. Enjoy easy access to local shopping, schools, healthcare facilities, and all the amenities the area has to offer. Don't miss this exceptional opportunity to create your own coastal retreat in one of Panama City's most sought-after neighborhoods. Make Cove Pointe your coastal paradise.
Details
Maps
Contract Info
List Price/Acre: 518750
Status: Active
List Date: 2026-06-19
List Price: $249,000
Current Price: $249,000
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: South on Cove Blvd, left on Business US 98, right on E. 4th Street, left onto Mercedes Ave. left on E Third ST, left into Cove Pointe Subdivision, take the 1st right on the roundabout onto Cove Pointe Drive and the property is located on the North right side of the cul-de-sac.
Street #: 1175
Street Name: Cove Pointe
Street Suffix: Drive
Area: 02 - Bay County - Central
State: FL
Zip Code: 32401
County: Bay
Subdivision: Cove Pointe
Parcel ID: 21267-112-000
Legal Description: Lot 12, COVE POINTE, according to the plat thereof, recorded in Plat Book 22, Page(s) 23 through 31, of the Public Records of Bay County, Florida.
General Property Info
Acreage: 0.48
Lot Size (SqFt): 20952
Lot Dimensions: 85.35'x168.14'x141.29'x137.09'x141.22'
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: Yes
HOA Amount: 776
HOA Frequency: Annually
HOA Annual Amount: 776
New Buyer Fee: Yes
New Buyer Fee Amt: 776
Last Taxes: 2229.11
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Lot: 12
Section: 9
Township: 4S
Range: 14W
Remarks & Misc
Remarks: Rare opportunity to own a premier homesite with beautiful Watson Bayou views in the highly desirable Cove Pointe community. This spacious 0.48-acre lot offers the perfect setting to build your custom dream home, with ample room for outdoor living and entertaining.
Residents of Cove Pointe enjoy access to a public park, conservation area and a community day dock with navigable water leading to the bay and Gulf, making it an ideal location for boating enthusiasts and those seeking the coastal lifestyle. Architectural guidelines help preserve the neighborhood's charming coastal character and enhance the appeal of this exclusive community.
Cove Pointe is nestled within the historic Cove area of Panama City, known for its majestic oak-lined streets, waterfront properties, and scenic views. Located on a quiet cul-de-sac, 1175 Cove Pointe Drive provides both privacy and convenience, just minutes from downtown Panama City's revitalized waterfront district featuring unique shops, marinas, art galleries, restaurants, and live entertainment venues.
Enjoy easy access to local shopping, schools, healthcare facilities, and all the amenities the area has to offer. Don't miss this exceptional opportunity to create your own coastal retreat in one of Panama City's most sought-after neighborhoods.
Make Cove Pointe your coastal paradise.
Association Fees Include
Accounting: 1
Dock: 1
Legal: 1
Management: 1
Financing
Conventional: 1
Lot Features
Covenants: 1
Cul-De-Sac: 1
Subdivision - Recorded: 1
Restrictions: 1
Survey Available: 1
Within 1/2 Mile to Water: 1
Lot Access
City Street: 1
Paved Road: 1
Present Zoning
Resid Single Family: 1
Utilities
All Utilities: 1
Waterview
Bayou: 1
Sale Type
As Is: 1
Property Features
Financing: Conventional
Lot Access: City Street; Paved Road
Lot Features: Covenants; Cul-De-Sac; Subdivision - Recorded; Restrictions; Survey Available; Within 1/2 Mile to Water
Sale Type: As Is
Utilities: All Utilities
Waterview: Bayou
Present Zoning: Resid Single Family
Listing Office: Paradise Realty
Last Updated: June - 24 - 2026
Information deemed reliable but not guaranteed.