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$1,350,000

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • Updated 12 days ago
See This Home
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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS..........Welcome to your dream waterfront retreat! This stunning 3,450 sq. ft. home offers 4 bedrooms, 4 bathrooms, and breathtaking views of the bay from every angle. Nestled in The Cove, enjoy a waterfront park, two pocket parks, ball field and a multi-use path. Not to mention walk, bike, or golf cart to Downtown! Step inside to find a brand-new remodeled kitchen with high-end finishes, perfect for the home chef. The expansive family room features a stone fireplace, creating a warm and inviting atmosphere. Working from home is effortless with a dedicated office space that offers tranquility and inspiration. Outdoor living is unmatched with over 2,000 sq. ft. of backyard decking, a pool, and a luxurious 8-seater hot tub, making it the perfect space for entertaining. Relax on your private front porch or take advantage of the double boat dock with a platform deck, boat lift, and direct access to the bay for endless days on the water. Only 15 minutes to Shell Island. This home is also equipped with a full-house generator, ensuring comfort and security year-round. Whether you're looking for a serene escape or the ultimate entertainment destination, this property delivers it all. Don't miss the opportunity to own this incredible waterfront home - schedule your private tour today!

Full Property Details for 227 S Cove Terrace Dr

General

  • Sold For: $1,350,000
  • Taxes: $5,076 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 771520
  • Added to Site: 193 day(s) ago

Interior

  • Number of Rooms: 14
  • Interior Features: Interior Steps, Entrance Foyer
  • Appliances: Washer/Dryer Stacked, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Tankless Water Heater
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Stacked

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Gas Heat, In Ground, Private

Exterior

  • Exterior Features: Boat Lift, Boat Slip, Deck, Dock
  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1

Location

  • County: Bay
  • Subdivision: Cove Terrace
  • Driving Directions: South on Cove Blvd to Cherry St. Turn Left on Cherry to Cove Terrace. Turn right and follow down to 227.

School Information

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

Community

  • Community Name: 02 - Bay County - Central

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ductless, Multi Units
  • Heating Type: Central, Ductless, Electric, Fireplace(s)

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available

Structural Information

  • Architectural Style: Traditional
  • Construction: Brick
  • Stories/Levels: 2
  • Sq. Ft. Source: Owner
  • Year Built: 1950

Additional Structures

  • Other Structures: Boat House

Lot Features

  • Property View: Bay, Bayou
  • Lot Size (Acres): 0.33
  • Lot Size (Sq. Ft.): 14,201
  • Lot Size: .33
  • Lot Dimensions: 90 x 158
  • Frontage: City Street
  • Lot Features: Sprinkler System, Paved
  • Zoning: Resid Single Family
  • Fencing (Description): Full, Fenced

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Bayou, Seawall
  • Water Front View: Bayou, Seawall

Financial Considerations

  • Tax Amount: $5,076
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: COVE TERRACE LOT 19 BLK 82 ORB 3615 P 2086
  • Property ID: 21639-000-000

Listed by Counts Real Estate Group
Sold by Non-Member Office

Listing agent

— 227 S Cove Terrace Dr —

  • Counts Real Estate Group

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 227 S Cove Terrace 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
6-82.6 mi
Bay High School
1200 Harrison Avenue, Panama City, FL 32401
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 227 S Cove Terrace Dr

Date
Details
Price
Change
Source
8/11/2025
Sold
$1,350,000
-8.47%
MLS
5/05/2025
Price Reduced
$1,475,000
-6.35%
MLS
4/05/2025
Listed
$1,575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Counts Real Estate Group
Sold by Non-Member Office

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227 S Cove Terrace Drive, Panama City, FL 32401 (MLS# 771520) is a Single Family property that was sold at $1,350,000 on August 11, 2025. Want to learn more about 227 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.