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$299,000
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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
- Sold For: $299,000
- Taxes: $5,227 (2024)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 780462
- Added to Site: 215 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
- Construction: Block, Stucco
- Roof: Metal
- 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.: Bayfront, Seawall
- Water Front View: Bayfront, 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
Sold by Beachy Beach Real Estate
Get Pre-Approved Today
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 ATTOM Data Solutions 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
4/17/2026
Sold
$299,000
—
MLS
3/16/2026
Price Reduced
$299,000
-1.97%
MLS
2/15/2026
Price Reduced
$305,000
-3.17%
MLS
1/21/2026
Price Reduced
$315,000
-4.55%
MLS
10/16/2025
Listed
$330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
100 Cherry Street #503, Panama City, FL 32401 (MLS# 780462) is a Condo property that was sold at $299,000 on April 17, 2026. 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.

