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$299,000
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Property Description
A STUNNING NEW ADDITION HAS ARRIVED: THE COVE CONDOMINIUM 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 storageincluding a generous kitchen pantry, walk-in closet, and three hallway storage roomsensures 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 whistlethis listing won't last!
Full Property Details
Full Property Details for 100 Cherry St #APT 503
General
- Sold For: $299,000
- Taxes: $5,227 (2024)
- Status: Closed
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 988055
- Added to Site: 231 day(s) ago
Rental Information
- Complex Features: Dock, Pool
Interior
- Number of Rooms: 4
- Interior Features: Elevator, Split Bedroom
- Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Security System, Smoke Detector, Stove/Oven Electric
- Furnishings: Furnished - None
- Flooring: Floor Tile, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: None
- 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
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Internet Service, Management, Water, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Phone, Public Water, TV Cable
Structural Information
- Construction: Block, Stucco
- Exterior Const.: Block, Stucco
- Square Feet: 1,250
- Sq. Ft. Source: County PA Records
- Year Built: 1975
Water Features
- Water Front: Yes
- Water Front Type: Unit Waterfront, Bay, Harbor
Financial Considerations
- Assessment Amount: $2,709
- Tax Amount: $5,227.1
- Tax Year: 2024
Disclosures and Reports
- Legal Description: COVE CONDOMINUIMS UNIT 503 TYPE A INTERIOR UNIT ORB 4540 P 1375 2BR 2B 1250 H&C
- APN: 25678-503-000
- Property ID: 25678-503-000
Listed by Beachy Beach Real Estate
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Schools
Schools serving 100 Cherry St #APT 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 #APT 503
Date
Details
Price
Change
Source
4/17/2026
Sold
$299,000
—
MLS
4/13/2026
Price Reduced
$299,000
-1.97%
MLS
2/17/2026
Price Reduced
$305,000
-3.17%
MLS
1/22/2026
Price Reduced
$315,000
-1.56%
MLS
1/21/2026
Price Reduced
$320,000
-3.03%
MLS
10/22/2025
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 #APT 503, Panama City, FL 32401 (MLS# 988055) is a Condo property that was sold at $299,000 on April 17, 2026. Want to learn more about 100 Cherry Street #APT 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.

