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$115,000 -$10,000 (-8%) Price Reduced

  • For Sale
  • Active
  • Land Residential
  • 0.2 Acres
  • Updated 6 days ago
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Build your dream coastal retreat at 1150 Cove Pointe Dr, a premium .199-acre homesite in the exclusive Cove Pointe community of Panama City, FL 32401. Perfectly positioned on a quiet interior lot, this property offers an ideal canvas for a custom residence surrounded by natural beauty and upscale coastal charm. Set within a boutique waterfront neighborhood along Watson Bayou, Cove Pointe is prized for its elevated homesites, picturesque oak-lined streets, and private community day dock just a short walk away--perfect for morning paddleboarding, sunset fishing, or simply enjoying life on the water. With direct access to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico, this is a true haven for boating and water enthusiasts. Enjoy the convenience of being just minutes--by car or golf cart--from downtown Panama City's revitalized waterfront district, where you'll find award-winning dining, live music, art galleries, and boutique shopping. Nearby marinas, the St. Andrews Bay Yacht Club, and top-rated medical facilities add to the appeal. Cove Pointe is a rare blend of tranquility, elevation, and location--making it one of Bay County's most desirable places to build. Secure this exceptional homesite and bring your vision to life in a community where coastal heritage meets modern luxury.

Full Property Details for 1150 Cove Pointe Dr

General

  • Price: $115,000
  • Taxes: $1,000 (2025)
  • Status: Active
  • Type: Land Residential
  • Source: Bay_County
  • MLS ID: 787867
  • Updated: 5/15/2026
  • Added to Site: 48 day(s) ago

Location

  • County: Bay
  • Subdivision: Cove Pointe
  • Driving Directions: Cove Blvd. to 4th Street, East on 4th, South on Mercedes, East on 3rd into subdivision. This is the first lot on the right on the corner

School Information

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

Community

  • Community Name: 02 - Bay County - Central
  • Association: Yes

Utilities

  • Sewer: Public Sewer
  • Utility Description: Sewer Available

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,668
  • Lot Size: .2
  • Lot Dimensions: 172 x 80.79 x 125.37 x 85+/-

Financial Considerations

  • Tax Amount: $1,000
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: COVE POINTE LOT 57 ORB 4737 P 2357
  • Property ID: 21267-157-000

Listed by Think Real Estate

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— 1150 Cove Pointe Dr —

  • Think Real Estate

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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 1150 Cove Pointe Dr

School District:Bay County School District
NameGradesDistance
Merriam Cherry Street Elementary School
1125 Cherry Street, Panama City, FL 32401
PK-50.3 mi
Jinks Middle School
600 West 11th Street, Panama City, FL 32401
6-81.9 mi
Bay High School
1200 Harrison Avenue, Panama City, FL 32401
9-121.7 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 1150 Cove Pointe Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/15/2026
Price Reduced
$115,000
-8%
MLS
4/03/2026
Listed
$125,000
92.31%
MLS
10/05/2023
Sold
$65,000
—
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 1150 Cove Pointe Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$903
—
$61,292
10%
2024
$903
-4%
$55,720
14%
2023
$944
14%
$48,755
16%
2022
$831
5%
$42,029
5%
2021
$795
—
$40,198
17%
2021
$795
43%
$34,311
—
2019
$555
7%
$34,311
—
2018
$520
-7%
$34,311
-8%
2017
$559
2%
$37,268
3%
2016
$548
6%
$36,019
12%
2015
$518
13%
$32,292
10%
2014
$459
-19%
$29,356
-25%
2013
$565
—
$38,999
—
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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1150 Cove Pointe Drive, Panama City, FL 32401 (MLS# 787867) is a Land Residential property with a lot size of 0.2 acres. 1150 Cove Pointe Drive is currently listed for $115,000 and was received on April 03, 2026. Want to learn more about 1150 Cove Pointe Drive? Do you have questions about finding other Land Residential 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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