Price adjustment! Nice 40' x 101.6' lot in Sanctuary Beach. This gated neighborhood is ideally located for privacy yet close to every imaginable amenity! Low association dues and community pool. Adjacent to Bay Point's incredible offerings of golf, tennis, spa, restaurants, hotel and new marina. This lot offers extra privacy because it backs up to property owned by the Bay Point Property Association. See why this neighborhood is so popular.
Property Details
Property Features
Listing Office:
Office Name: Beachy Beach Real Estate
Lot Features
Lot Information:
Lot: Interior Lot, Subdivision
Lot Size: 0.09 Acres
Other
Directions Information:
Directions: From Thomas Drive turn onto Magnolia Beach Road, stay right on Delwood Beach Road, turn right onto Delwood Drive, follow to gated entrance into Sanctuary Beach, Through gate and to the right. 3516 Cottage Cove Ln is on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $134,900
HOA Fees:
Amount: $684
Frequency: Quarterly
Tax Information:
Annual Amount: $534
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$969
Per Month
Principal & Interest
$674
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$228
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$471
Powered By
Advertisement
NMLS#3030
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
St. Andrew School at Oakland Terrace
2010 W 12th St
Distance between this listing and this school2.40 miles
Public District Grades PK-5
3
/10
Lucille Moore Elementary School
1900 Michigan Ave
Distance between this listing and this school2.80 miles
Public District Grades PK-5
6
/10
Palm Bay Elementary School
1104 Balboa Ave
Distance between this listing and this school3.04 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school3.35 miles
Public District Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school4.84 miles
Public Charter Grades KG-8
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school6.84 miles
Public District Grades KG-8
Nearby Schools
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school2.72 miles
Public Charter Grades KG-12
5
/10
Palm Bay Preparatory Academy 6-12
1104 Balboa Ave
Distance between this listing and this school3.07 miles
Public Charter Grades 6-12
5
/10
Bay Virtual Instruction Program (District Provided)
1311 Balboa Ave
Distance between this listing and this school3.13 miles
The neighbors living near this home have an average income of $117,120. The most common annual income of people living in Panama City, FL is between $100k-200k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3516 Cottage Cove Ln
What is the listing price of this property?
The listing price of 3516 Cottage Cove Ln property is $134,900.
What type of property is this?
The property 3516 Cottage Cove Ln is land located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 3516 Cottage Cove Ln 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 $534 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 20, 2010 for $1,504,300. (source: MLS/tax record).
How much acreage is this property?
The property 3516 Cottage Cove Ln is 0.09 acres.
Interested in 3516 Cottage Cove Ln? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3516 Cottage Cove Ln in Panama City Beach, FL and zip code 32408 in the Sanctuary Beach neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since January 19, 2023 and is currently priced at $134,900.
In November 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 33 were sold right at the asked price. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Best Buy
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information