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$189,000 Just Listed

  • For Sale
  • Active
  • Vacant Land
  • 0.36 Acres
  • Updated 17 hours ago
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Build your dream home on this exceptional 0.365-acre waterfront homesite in the highly sought-after Cove Pointe community of Panama City. Nestled along the shores of Watson Bayou, this beautiful lot offers access to a navigable waterway leading directly to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico, making it an ideal location for boating enthusiasts. Known for its mature hardwood trees, elevated topography, and charming waterfront setting, Cove Pointe is one of Panama City's most desirable neighborhoods in Panama City. Residents enjoy a peaceful coastal lifestyle while being just minutes from downtown Panama City, marinas, dining, shopping, medical facilities, and the St. Andrews Bay Yacht Club. Whether you're planning a custom primary residence, vacation home, or waterfront retreat, this rare homesite presents an outstanding opportunity to build in an established community that perfectly blends natural beauty, convenience, and access to some of the area's best boating and waterfront amenities.

Full Property Details for 1112 Cove Pointe Dr

General

  • Price: $189,000
  • Taxes: $1,466 (2025)
  • Status: Active
  • Type: Vacant Land
  • Source: Emerald_Coast
  • MLS ID: 1005764
  • Updated: 6/18/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Waterfront

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Cove Pointe
  • Driving Directions: Heading east from the Hathaway Bridge in Panama City, taking 98 BUS E, turn right on E 4th St, slight left onto Mercedes Ave, turn left on E 3rd Ct. At the traffic circle, take the 3rd exit onto Cove Pointe Dr, destination will be on the left.

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Master Association

Utilities

  • Utility Description: Electric, Public Water, Sewer Available

Lot Features

  • Property View: Bayou
  • Lot Size (Acres): 0.36
  • Lot Size (Sq. Ft.): 15,681.6
  • Lot Dimensions: 80 x 185 x 81 x 171
  • Frontage: City Road
  • Street/Road Desc.: Paved Road
  • Lot Features: Cleared, Covenants, Easements
  • Zoning: City, Deed Restrictions

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bayou, Shore - Natural

Financial Considerations

  • Price Per Acre: $525,000
  • Assessment Amount: $1,000
  • Tax Amount: $1,466.65
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Cove Pointe Lot 52 4718 P 282
  • APN: 21267-152-000
  • Property ID: 21267-152-000

Listed by Legacy Premier Agency LLC

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Listing agents

— 1112 Cove Pointe Dr —

  • Legacy Premier Agency LLC

  • Legacy Premier Agency LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1112 Cove Pointe Dr

School District:Bay County School District
NameGradesDistance
Merriam Cherry Street Elementary School
1125 Cherry Street, Panama City, FL 32401
PK-50.5 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
9-121.5 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 1112 Cove Pointe Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/18/2026
Listed
$189,000
89%
MLS
8/04/2023
Sold
$100,000
—
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 1112 Cove Pointe Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,379
—
$91,311
6%
2024
$1,379
-23%
$85,911
-13%
2023
$1,780
3%
$99,170
-5%
2022
$1,723
7%
$104,579
10%
2021
$1,617
—
$94,900
16%
2021
$1,617
32%
$82,088
8%
2019
$1,225
7%
$75,774
—
2018
$1,147
1%
$75,774
—
2017
$1,136
-2%
$75,774
—
2016
$1,162
2%
$75,774
5%
2015
$1,140
1%
$72,270
—
2014
$1,130
19%
$72,270
10%
2013
$952
—
$65,777
—
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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Listed by Legacy Premier Agency LLC

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1112 Cove Pointe Drive, Panama City, FL 32401 (MLS# 1005764) is a Vacant Land property with a lot size of 0.36 acres. 1112 Cove Pointe Drive is currently listed for $189,000 and was received on June 18, 2026. Want to learn more about 1112 Cove Pointe Drive? Do you have questions about finding other Vacant Land 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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