4 months on rocket

1102 Cove Pointe Dr, Panama City, FL, 32401

$1,389,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
2,898 SqFt
$479/SqFt
House

Location

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1102 Cove Pointe Dr, Panama City$1,389,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year Built2023
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontBay, Bayou, Natural Shoreline
FireplaceGas Fireplace
ViewBayou
MLS #953069
Lot Size0.40 Acres
StatusActive

About 1102 Cove Pointe Dr

**Exquisite 4-Bedroom Waterfront Home in the Historic Cove** This stunning 2023 new construction offers 147 of waterfront on Watson Bayou. It is the perfect blend of modern luxury and coastal living. Situated on nearly 0.5 acres in a quiet cul-de-sac, this 4-bedroom, 4.5-bathroom home features over 1,000 square feet of covered outdoor living space, ideal for taking in the breathtaking water views. Every bedroom comes with its own en-suite bathroom, ensuring privacy and comfort. The home also includes a dedicated office, making it perfect for remote work or study. The custom chefs kitchen is a culinary dream, featuring a 48 gas range, panel-enclosed fridge and freezer, and a wet bar designed for seamless entertaining. High-end finishes are found throughout, including Mohawk rev wood flooring, marble-surround showers and tubs, and 8-foot doors with ceilings ranging from 10 to 16 feet, giving the home an expansive feel. Two AC units and spray foam insulation ensure energy efficiency, while two gas tankless hot water heaters offer endless comfort. The homes design seamlessly integrates indoor and outdoor living, with 16-foot sliders opening to a 1,000 sq ft covered porch. Surround sound throughout make this home an entertainers dream. Below, theres an additional 1,000 sq ft of storage for all your holiday decorations and boating essentials. Rest easy knowing the property is monitored by six exterior surveillance cameras. The property includes a brand-new boat dock with a 10,000lb lift and a cozy fire pit by the waters edge. Hurricane impact glass in windows and doors adds an extra layer of security and peace of mind. Located in the historic Cove, youre just a short walk, bike ride, or golf cart trip away from downtown Panama Citys shops, restaurants, and vibrant events. Dont miss out on this rare opportunity to enjoy luxurious waterfront living in the heart of the Cove!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Stories: 1
  • Living Area: 2,898 SqFt

Listing Office:

  • Office Name: Think Real Estate
  • Office Email: zsanchez92@gmail.com
  • Listing Agent: James M Griffitts

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Freezer, Double Oven, Range Hood, Refrigerator, Security System, Electric Oven
  • Flooring Type: Hardwood
  • Interior: Breakfast Bar, Beamed Ceilings, Raised Ceiling, Kitchen Island, Recessed Lighting, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookups
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay, Bayou, Natural Shoreline
  • View: Bayou
  • Exterior: Deck Covered, Deck Open, Fenced Lot-All, Fireplace, Patio Covered, Sprinkler System

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Flood Insurance Required, Within 1/2 Mile to Water
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: South on Hwy 77, Left on 4th Street, Right on Mercedes, Left on 3rd Street, Left on Cove pointe Drive. Home at end of Cul de sac

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,389,000
  • Price Per SqFt: $479/SqFt

Tax Information:

  • Annual Amount: $2,384
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

1102 Cove Pointe Dr vs Panama City

148 DAYS ON ROCKET

+71 Days

$1,389,000

+$1.0M More

$479/SqFt

+$277 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $277/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #953069

Listing Office:

  • Office Name: Think Real Estate
  • Office Email: zsanchez92@gmail.com
  • Listing Agent: James M Griffitts

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,384$139,784
2018$2,116$139,784
2017$2,095$139,784

History based on county public records data.

Payment Calculator

$7,000

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,231

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1009346
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-1009347
1
/10
  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 1.86 miles

  • Public District Grades PK-5

school-card-donut-1009348
6
/10
  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 2.13 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,803. The majority of Panama City, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1102 Cove Pointe Dr

What is the listing price of this property?

The listing price of 1102 Cove Pointe Dr property is $1,389,000.

What type of property is this?

The property 1102 Cove Pointe Dr is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 1102 Cove Pointe Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,384 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1102 Cove Pointe Dr has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1102 Cove Pointe Dr is 2,898 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1102 Cove Pointe Dr is 2023.

Rocket HomesFloridaBay CountyPanama City324011102 Cove Pointe Dr

This home is located at 1102 Cove Pointe Dr in Panama City, FL and zip code 32401 in the Cove Pointe neighborhood. This 2,898 square foot home, which was built in 2023, sits on a 0.40 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $1,389,000.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. In October 2024 median list price was $339,477 and the average listing age was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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