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$310,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • Updated 2 hours ago
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Experience coastal living at its finest along the shimmering waters of St Andrews Bay in the heart of Panama City. This waterfront condo offers magnificent bay views, best enjoyed from the expensive balcony. It's an ideal spot to watch the dazzling Fourth of July fireworks, the enchanting annual Christmas boat parade, or simply relax and watch boats drift by as marine life moves along the shoreline. Inside you'll find a comfortable two-bedroom, two-bath layout, with each bedroom offering its own private bathroom. Enjoy the stunning bay views from both the living room and primary bedroom, both of which open directly onto the balcony. The building offers secured access for added privacy and convenience. Cove Condominium has an in-ground pool, community room and fishing dock available to residents. Just a short stroll away, discover the charm of historic Panama City where local restaurants, boutique shopping, a farmers market, coffees shops, and more await.

Full Property Details for 100 Cherry St #501

General

  • Price: $310,000
  • HOA FEE: $930/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $4,425 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 795123
  • Updated: Today (10/7/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 4
  • Appliances: Electric Cooktop

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Dock
  • Pool: Yes
  • Pool Description: In Ground, Community
  • Security/Safety: Building Security

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Parking Lot

Location

  • County: Bay
  • Subdivision: Cove Condominium
  • Driving Directions: East Beach Drive, over Massalina Bridge, curve left on Cherry Street. Practically at corner of East Beach Drive and Cherry Street.

School Information

  • Elementary School: Cherry Street
  • Middle School: Jinks
  • High School: Bay

Community

  • Community Name: 02 - Bay County - Central
  • Association: Yes
  • Assoc. Fees Include: Clubhouse, Pool(s), Sewer, Water

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Electricity Available, Sewer Available

Structural Information

  • Architectural Style: High Rise
  • Stories/Levels: 8
  • Sq. Ft. Source: Appraiser
  • Year Built: 1975

Lot Features

  • Property View: Bay, Intercoastal
  • Lot Dimensions: 0 x 0

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Bayfront, Intracoastal Access
  • Water Front View: Bayfront, Intracoastal Access
  • Boat Dock Slip: Yes

Financial Considerations

  • Association Fee: $2,790
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $4,425.91
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: COVE CONDOMINIUMS UNIT 501 TYPE D END UNIT W/ ORB 4075 P 748 2BR 2B 1250
  • Property ID: 25678-501-000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 100 Cherry St #501 —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 100 Cherry St #501

School District:Bay County School District
NameGradesDistance
Merriam Cherry Street Elementary School
1125 Cherry Street, Panama City, FL 32401
PK-50.7 mi
Jinks Middle School
600 West 11th Street, Panama City, FL 32401
6-81.8 mi
Bay High School
1200 Harrison Avenue, Panama City, FL 32401
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 100 Cherry St #501 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/07/2026
Listed
$310,000
150%
MLS
3/27/1998
Sold
$124,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 100 Cherry St #501

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,126
-5%
$292,063
-10%
2024
$4,350
4%
$323,000
13%
2023
$4,180
51%
$284,750
89%
2021
$2,770
-14%
$151,002
-18%
2022
$3,223
45%
$184,450
34%
2019
$2,219
120%
$137,275
23%
2018
$1,009
4%
$112,006
2%
2017
$971
1%
$109,702
2%
2016
$958
-2%
$107,446
1%
2015
$980
2%
$106,699
1%
2014
$959
10%
$105,852
1%
2013
$875
—
$104,288
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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100 Cherry Street #501, Panama City, FL 32401 (MLS# 795123) is a Condo property with 2 bedrooms and 2 full bathrooms. 100 Cherry Street #501 is currently listed for $310,000 and was received on October 07, 2026. This property is listed by Yvette Colona from our Panama City Beach - Thomas Dr. Office.Want to learn more about 100 Cherry Street #501? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

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