517 Cove Villa Street, Panama City Beach, FL 32407 (MLS# 790954)

List Price/SqFt: 251.14

Status: Coming Soon - No Showings

List Date: 2026-06-07

List Price: $419,900

Current Price: $419,900

Sub Area: 0321 - Beach - North Central

Community/Resort: None

Waterfront: No

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: Heading West on Hwy 98 over the Hathaway Bridge turn right on Wildwood Road. Go to Emerald Cove and turn left. Traveling East on Hwy 98 take the Thomas Drive/ Navy Base exit. Turn left at light and then stay to right. Do not go over the bridge. At next Traffic light turn left onto Wildwood Rd. Emerald Cove is on the left. Model located at 310 Emerald Cove Street PCB FL 32407.

Area: 03 - Bay County - Beach

Street #: 517

Street Name: Cove Villa

Street Suffix: Street

State: FL

Zip Code: 32407

County: Bay

Subdivision: Emerald Cove Villas

Parcel ID: 27541-500-048

Legal Description: EMERALD COVE VILLAS LOT 24 ORB 4471 P 1206

Acreage: 0.11

Design: Beach House

Lot Size (SqFt): 4966

Apx SqFt(Htd/Cooled): 1672

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 50X100X50X100

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 2021

HOA Fee: Yes

HOA Amount: 600

HOA Frequency: Annually

HOA Annual Amount: 600

New Buyer Fee: No

Last Taxes: 2775

Last Tax Year: 2025

Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.

As Is: No

Remarks: Coming Soon - No Showings. Great Primary Residence or Short-Term Rental Opportunity in Panama City Beach! This beautifully upgraded 2021 new-build 3BR/2BA home features a split floor plan with tray ceilings in the living room and master suite. Recent updates include new LVP flooring, quartz countertops throughout, tile backsplash, new refrigerator and stove, shiplap electric fireplace, fresh paint, recessed lighting throughout, upgraded plumbing fixtures, and door hardware. The home is pre-wired for two Tesla chargers and offers a small, low-maintenance yard with new Zoysia grass and palm trees out front. Additional storage is available above the garage. Short-term rentals are allowed, most furnishings are negotinable for a rental ready income producing proeprty. As a 2021 build, you'll benefit from some of the lowest insurance premiums on the beach plus peace of mind with a newer roof, AC, and major systems. The community also features one of the lowest HOA fees on the beach and includes a dog park. Located less than 1 mile from the Navy base, marina with boat slips, and sports complex/baseball fields. The nearby sports complex boosts rental demand from traveling baseball teams and tournaments. Just 3 miles from the white sandy beaches. Perfect for enjoying as your personal beach home when in town while generating strong rental income when away. Projected annual gross rental income of $42,000.

First: 1

Cooktop - Electric: 1

Dishwasher: 1

Disposal: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Ceiling - Vaulted: 1

Floor - Laminate: 1

Kitchen Island: 1

Pantry: 1

Security System: 1

Split Bedroom: 1

Roof - Composite Shngl: 1

Roof - Shingle/Shake: 1

Siding - Hardie Board: 1

Patio Covered: 1

Porch Covered: 1

Sprinkler System: 1

Other - See Remarks: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Negotiable: 1

Floor - Carpet: 1

First: 1

Subdivision - Recorded: 1

City Street: 1

Driveway: 1

Garage Attached: 1

MBath Double Vanity: 1

MBath Garden Tub: 1

MBath Separate Shwr: 1

MBed First Floor: 1

MBed Walk-in Closet: 1

Resid Single Family: 1

Other - See Remarks: 1

Bedroom: 1

Dining Room: 1

Living Room: 1

Public Sewer - Connected: 1

First: 1

Central Air: 1

Central: 1