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$1,100,000
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Property Description
Experience the pinnacle of waterfront luxury in this extraordinary penthouse condo, boasting nearly 4,000 square feet of elevated living space with breathtaking panoramic views of St. Andrews Bay. Tucked within the exclusive gated enclave of Waterhaven on the east end of Panama City Beach, this residence redefines coastal elegance with a private 15x35' boat slip equipped with water, electric, and a 10,000 lb lift-perfect for the avid boater seeking seamless access to the Gulf. Thoughtfully designed for refined entertaining, the open floor plan features a chef's dream kitchen complete with a Sub-Zero refrigerator, professional-grade Viking six-burner gas stove with double oven, prep kitchen, serving bar, and an expansive granite island-all flowing effortlessly into the dining and living spaces with rich hardwood floors and uninterrupted bayfront views. From sunrise coffees on your private master balcony to sunset soirees on the spacious wraparound decks, every moment here is curated for luxury and leisure. The grand foyer impresses with a winding staircase and elevator, leading to a bonus en suite ideal for multi-generational living or a private guest retreat. Soaring ceilings, custom crown molding, tongue-and-groove accents, Hardy board details, and new skylights bathe the interior in natural light. Recent high-end upgrades include oak floors, paint, ceilings, a tankless water heater, and three new HVAC systems (2020). Residents enjoy access to resort-style amenities: a bayfront pool, outdoor kitchen, clubhouse with theater, fitness center, event space, and an extended dock perfect for fishing or relaxing. This is a rare opportunity to own a true hidden gem in one of Panama City Beach's most treasured communities offering the lifestyle you deserve, with the views to match.
Full Property Details
Full Property Details for 4113 Cobalt Cir #PO75
General
- Sold For: $1,100,000
- Taxes: $4,481 (2024)
- Status: Closed
- Type: Condo /Townhouse
- Source: Bay_County
- MLS ID: 772988
- Added to Site: 258 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Interior Steps
- Appliances: Bar Fridge, Gas Cooktop, Gas Oven, Ice Maker
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Dock, Gated
- Pool: Yes
- Pool Description: Fenced, In Ground, Community
- Security/Safety: Fire Sprinkler System, Gated Community, Security Fence, Security Lights, Fire Alarm, Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Boat Slip, Dock
- Porch/Patio/Deck: Balcony, Covered, Patio
Parking
- Parking Features: Gated, Paved
Location
- County: Bay
- Subdivision: Waterhaven
- Driving Directions: Heading West over Hathaway Bridge, Turn South (Left) on Thomas Dr. (approx 2.1 mi) Turn Left onto Magnolia Beach Rd., (approx 1.1 mi) Road will start to curve-- turning road name to Delwood Beach Rd., and just after that curve, take a Left to get back on Magnolia Beach Rd. (Keep Right). (, 6 mi) Turn Left onto Mystic Lane, Turn Left onto Cobalt Cir, & Bldg is on your Left--Penthouse on 3rd floor.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Heating Type: Electric
Structural Information
- Construction: HardiPlank Type
- Windows: Storm Window(s)
- Sq. Ft. Source: Owner
- Year Built: 2007
Lot Features
- Property View: Bay
- Lot Dimensions: 0 x 0
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay Access
- Water Front View: Bay Access
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $4,481
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: WATERHAVEN UNIT P075 TYPE F1 3BR 4.5B ORB 2904 P 186 W/LOFT 3216 SF ORB 4342 P 2201 **PENTHOUSE*
- Property ID: 40000-050-053
Listed by Gillman Group Realty
Sold by Beachy Beach Real Estate
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Schools
Schools serving 4113 Cobalt Cir #PO75
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 2.6 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 8.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 6.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4113 Cobalt Cir #PO75
Date
Details
Price
Change
Source
7/16/2025
Sold
$1,100,000
-21.09%
MLS
6/06/2025
Price Reduced
$1,394,000
-0.07%
MLS
5/04/2025
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4113 Cobalt Circle #PO75, Panama City Beach, FL 32408 (MLS# 772988) is a Condo / Townhouse property that was sold at $1,100,000 on July 16, 2025. Want to learn more about 4113 Cobalt Circle #PO75? Do you have questions about finding other Condo / Townhouse real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

