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$330,000
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Property Description
Seller is MOTIVATED!!! This is an EXECUTIVE LEVEL opportunity with unbelievable terms. The front office has structured a deal you can't refuse: SELLER FINANCING at a phenomenal 5% INTEREST RATE-a power play that instantly saves you money! With only 20% DOWN and a 30-year amortized schedule (8-year balloon), the path to ownership is clear. THIS IS THE MOMENT. ACT NOW! Welcome to the highly sought-after, non-rental Cove Condominiums, where this impeccably renovated two-bedroom, two-bath unit is ready to make its debut. Tired of the rigorous maintenance of a single-family home? Transition seamlessly into a life defined by luxury and leisure. The breathtaking, full-span bay views are the defining feature, stretching from the expansive living room to the serene master suite, both offering direct balcony access. The interior is a masterclass in modern design, featuring premium finishes like granite, stainless steel, new tile and carpet, and a show-stopping marble walk-in shower in the master bath. Ample storage-including a generous kitchen pantry, walk-in closet, and three hallway storage rooms-ensures a clutter-free environment. Complete the experience with easy access to the private community pool and dock. This is more than a home; it's a CHAMPIONSHIP LIFESTYLE. Don't wait for the final whistle-this listing won't last!
Full Property Details
Full Property Details for 100 Cherry St #503
General
- Price: $330,000
- Taxes: $5,227 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 780462
- Updated: 1/11/2026
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: ENERGY STAR Qualified Appliances, Electric Cooktop, Electric Oven, Electric Range
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, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Security Fence, Security Lights, Fire Alarm, Smoke Detector(s)
Exterior
- Exterior Features: Dock
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Additional Parking, No Garage, Paved, Parking Lot
Location
- County: Bay
- Subdivision: Cove Condominium
- Driving Directions: Hwy 77 south until Cherry Street. Right on Cherry and the complex will be on the left at the corner of Cherry and Beach Dr
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
- Heating Type: Central, Electric, ENERGY STAR Qualified Equipment
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available
Structural Information
- Architectural Style: Mid Rise
- Windows: Double Pane Windows
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 1975
Lot Features
- Property View: Bay
- Lot Dimensions: 0 x 0
- Frontage: City Street
- Lot Features: Paved
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay Access, Seawall
- Water Front View: Bay Access, Seawall
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Tax Amount: $5,227
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: COVE CONDOMINUIMS UNIT 503 TYPE A INTERIOR UNIT ORB 4540 P 1375 2BR 2B 1250 H&C
- Property ID: 25678-503-000
Listed by Beachy Beach Real Estate
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Schools
Schools serving 100 Cherry St #503
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 0.7 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.8 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.8 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 100 Cherry St #503
Date
Details
Price
Change
Source
10/16/2025
Listed
$330,000
6.45%
MLS
3/21/2022
Sold
$310,000
—
Public Record
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
Tax History for 100 Cherry St #503
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,227
5%
$320,238
14%
2023
$4,983
47%
$280,458
45%
2022
$3,386
42%
$193,800
18%
2021
$2,379
7%
$164,730
20%
2019
$2,219
-12%
$137,275
-17%
2018
$2,510
7%
$165,750
6%
2017
$2,350
-1%
$156,825
-3%
2016
$2,376
—
$161,500
18%
2015
$2,384
—
$136,488
10%
2014
$2,386
36%
$124,080
10%
2013
$1,758
—
$112,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 100 Cherry St #503
100 Cherry Street #503, Panama City, FL 32401 (MLS# 780462) is a Condo property with 2 bedrooms and 2 full bathrooms. 100 Cherry Street #503 is currently listed for $330,000 and was received on October 16, 2025. Want to learn more about 100 Cherry Street #503? 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.

