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$390,000
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Property Description
Welcome to the coveted South Cove Terrace Drive in the ever growing Cove neighborhood. This home received a complete makeover from the studs up in 2016 and has been maintained immaculately, keeping the restored but original hardwood floors throughout the renovations. The total renovation in 2016 gave this home an open floor plan, rare to find in the Cove. Roof was replaced in October of 2023. All appliances were replaced at the time of the renovation as well as HVAC, plumbing, electrical, and spray foam in the attic making this house very energy efficient. During the renovation, the window in the third bedroom was eliminated, this room can still be used as a bedroom, en suite to the master, game room, office, nursery, etc. Very large lot for the neighborhood, and irrigated throughout with a 2024 installed irrigation well. Parking for three cars in the alley with a gated fence. South Cove Terrace Drive is one of the very best roads in the entire neighborhood, offering a very wide road, sidewalks, a playground/park at the end of the road, and being the dedicated Trick or Treating road in the Cove. Please verify room measurements if important.
Full Property Details
Full Property Details for 206 S Cove Terrace Dr
General
- Sold For: $390,000
- Taxes: $3,735 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 786907
- Added to Site: 105 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Main Level Primary
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: Cove Terrace
- Driving Directions: From the intersection of Cove Blvd., and Cherry St., head East on Cherry St., then right on S. Cove Terrace Dr. Property is four houses down on the left after crossing Dewitt St. intersection.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Traditional
- Sq. Ft. Source: Appraiser
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,983
- Lot Size: .32
- Lot Dimensions: 100 x 140
Financial Considerations
- Tax Amount: $3,735.2
- Tax Year: 2025
Disclosures and Reports
- Legal Description: COVE TERRACE LOT 4 BLK 84 ORB 4724 P 277
- Property ID: 21654-000-000
Listed by Counts Real Estate Group
Sold by Think Real Estate
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Schools
Schools serving 206 S Cove Terrace Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 0.3 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.4 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.2 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 206 S Cove Terrace Dr
Date
Details
Price
Change
Source
6/25/2026
Sold
$390,000
-6.02%
MLS
3/17/2026
Listed
$415,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
206 S Cove Terrace Drive, Panama City, FL 32401 (MLS# 786907) is a Single Family property that was sold at $390,000 on June 25, 2026. Want to learn more about 206 S Cove Terrace Drive? Do you have questions about finding other Single Family 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.

