StatusAccepting Backup Offers (Active Under Contract)
About 1107 Cove Pointe Dr
CURRENTLY UNDER CONTRACT - SELLER ACCEPTING BACK UP OFFERS. An incredible WATERFRONT opportunity to DESIGN AND BUILD YOUR OWN DREAM HOME in the highly desirable historic Cove neighborhood! Located on a cul-de-sac in Cove Pointe on beautiful Watson Bayou, this .69-acre homesite gives pure views and the ability to get from the waters of St. Andrews Bay to the open Gulf of Mexico from your back yard! With over 90' water-frontage on Watson Bayou, you'll enjoy bay breezes and privacy on your dream lot. DEP HAS GIVEN DOCK APPROVAL AND DOCK PLANS ARE INCLUDED IN THE SALE! Build your OWN DREAM HOME on this incredible waterfront lot!Imagine yourself living waterfront in this picturesque community filled with hundred year oak trees lined with sidewalks and just minutes from the booming downtown Panama City area. The Cove neighborhood provides golf cart-friendly streets, many city-maintained parks, and is home to the St. Andrews Bay Yacht Club. Downtown Panama City is easily accessible within 1 mile and you'll enjoy dining such as Ferrucci Italian Ristorante, Trigo San Francisco Deli and Tom's Hot Dogs. Take a stroll down the sidewalks of Downtown and stop at History Class Brewing Company or The Press Coffee Shop! All paths lead to the waters edge down the oak-tree lined streets of Harrison Avenue where you'll end at Harrison's Kitchen & Bar and the new Hotel Indigo! Downtown is booming and the place to be is THE COVE!Seller also has engineered building plans available for an ADDITIONAL FEE for a home that is 2,572 SF with a 2-car garage, waterfront primary suite on the main level and a grand two-story living room. The home includes 3 bedrooms, 4 baths and an unfinished bonus room providing an additional opportunity of 300 sf more living space. Buyer to verify all information.
Property Details
Property Features
Listing Office:
Office Name: Corcoran Reverie
Exterior Features
Exterior Information:
Waterfront: Bayou, Waterfront
View: Bayou
Lot Features
Lot Information:
Lot: Cul-De-Sac, Waterfront
Lot Size: 0.69 Acres
Other
Directions Information:
Directions: Go south on N Cove Blvd from Hwy 77 intersection. Turn left onto E 4th Street. Turn right onto N Palo Alto Avenue. Turn left onto E 3rd Street. Enter the roundabout at the Cove Pointe subdivision and take the third exit onto Cove Pointe Drive. The property is at the end of the cul-de-sac.
Price Information
Listing Price Info
Price Summary:
List Price: $350,000
HOA Fees:
Amount: $650
Frequency: Annually
Tax Information:
Annual Amount: $2,808
Tax Year: 2020
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Merriam Cherry Street Elementary School
1125 Cherry St
Distance between this listing and this school0.52 miles
Public District Grades PK-5
1
/10
Cedar Grove Elementary School
2826 E 15th St
Distance between this listing and this school1.88 miles
Public District Grades PK-5
6
/10
Palm Bay Elementary School
1104 Balboa Ave
Distance between this listing and this school2.19 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school1.84 miles
Public District Grades 6-8
7
/10
Bay Haven Charter Middle School
2501 Hawks Landing Blvd
Distance between this listing and this school4.22 miles
Public Charter Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school4.40 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Rosenwald High School
924 Bay Ave
Distance between this listing and this school0.81 miles
Public District Grades 6-12
4
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school1.51 miles
Public District Grades 9-12
2
/10
Rutherford High School
1000 School Ave
Distance between this listing and this school1.83 miles
The neighbors living near this home have an average income of $45,803. Most Panama City, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1107 Cove Pointe Dr
What is the listing price of this property?
The listing price of 1107 Cove Pointe Dr property is $350,000.
What type of property is this?
The property 1107 Cove Pointe Dr is land located in Panama City, Florida, 32401.
Is this property for sale now?
Accepting Backup Offers: 1107 Cove Pointe Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,808 (source: MLS/based on county public records data).
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This home is located at 1107 Cove Pointe Dr in Panama City, FL and zip code 32401 in the Cove Pointe neighborhood. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $350,000.
In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were sold below. The number of listings in Panama City, FL decreased by 1.7% between September 2024 and October 2024. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.
From Rocket Homes Real Estate and based on county public records data.