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!
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
Owner options
What's special
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#: 771520
Originating 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