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Sold for $1,350,000 on 08/11/25
  • $1,350,000

    227 S Cove Terrace Dr, Panama City, FL 32401

    4beds
    3,450sqft
    Single Family Residence
    Built in 1950
    0.33 Acres Lot
    $1,356,700 Zestimate®
    $391/sqft
    $3,049 Estimated rent

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    $8,533/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: December 02, 2025 at 03:49am

    Listed by:

    The Hughes Group 904-689-6883,

    Counts Real Estate Group

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 771520MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Level: First
    • Dimensions: 15 x 16
    Bedroom
    • Level: Basement
    • Dimensions: 16 x 12
    Bedroom
    • Level: Basement
    • Dimensions: 12 x 13
    Bedroom
    • Level: Basement
    • Dimensions: 24 x 11
    Primary bathroom
    • Description: includes laundry area
    • Level: First
    • Dimensions: 12 x 15
    Dining room
    • Level: First
    • Dimensions: 13 x 17
    Foyer
    • Level: First
    • Dimensions: 5 x 13
    Other
    • Level: First
    • Dimensions: 8 x 5
    Other
    • Level: Basement
    • Dimensions: 8 x 7
    Other
    • Level: Basement
    • Dimensions: 8 x 5
    Kitchen
    • Level: First
    • Dimensions: 26 x 13
    Laundry
    • Description: includes storage area
    • Level: Basement
    • Dimensions: 4 x 13
    Living room
    • Level: First
    • Dimensions: 24 x 21
    Office
    • Level: First
    • Dimensions: 12 x 13
    Heating
    • Central, Ductless, Electric, Fireplace(s)
    Cooling
    • Central Air, Ductless, Multi Units
    Appliances
    • Included: Washer/Dryer Stacked, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Tankless Water Heater
    • Laundry: Stacked
    Features
    • Interior Steps, Entrance Foyer
    • Flooring: Luxury Vinyl Plank
    Interior area
    • Total structure area: 3,450
    • Total interior livable area: 3,450 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Boat Lift, Boat Slip, Deck, Dock
    • Pool features: Gas Heat, In Ground
    • Fencing: Full,Fenced
    • Has view: Yes
    • View description: Bay, Bayou
    • Has water view: Yes
    • Water view: Bay,Bayou
    • Waterfront features: Bayou, Seawall
    • Frontage length: 90
    Lot
    • Size: 0.33 Acres
    • Dimensions: 90 x 158
    • Features: Sprinkler System, Paved
    Details
    • Additional structures: Boat House
    • Parcel number: 21639000000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & neighborhood

    Community
    • Community features: Short Term Rental Allowed
    Location
    • Region: Panama City
    • Subdivision: Cove Terrace
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,356,700
    2% more+$27,134
    With Zillow Showcase(estimated)$1,383,834