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!
Sold for $1,350,000 on 08/11/25
$1,350,000
227 S Cove Terrace Dr, Panama City, FL 32401
4beds
3,450sqft
Single Family Residence
Built in 1950
0.33 Acres Lot
$1,349,700 Zestimate®
$391/sqft
$3,402 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 07:14pm
Listed by:
The Hughes Group 904-689-6883,
Counts Real Estate Group
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 771520
Originating MLS: Central Panhandle Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
- Area: 240
- Dimensions: 15 x 16
Bedroom
- Level: Other
- Area: 192
- Dimensions: 16 x 12
Bedroom
- Level: Other
- Area: 264
- Dimensions: 24 x 11
Bedroom
- Level: Other
- Area: 156
- Dimensions: 12 x 13
Primary bathroom
- Description: includes laundry area
- Level: First
- Area: 180
- Dimensions: 12 x 15
Dining room
- Level: First
- Area: 221
- Dimensions: 13 x 17
Foyer
- Level: First
- Area: 65
- Dimensions: 5 x 13
Other
- Level: Other
- Area: 56
- Dimensions: 8 x 7
Other
- Level: Other
- Area: 40
- Dimensions: 8 x 5
Other
- Level: First
- Area: 40
- Dimensions: 8 x 5
Kitchen
- Level: First
- Area: 338
- Dimensions: 26 x 13
Laundry
- Description: includes storage area
- Level: Other
- Area: 52
- Dimensions: 4 x 13
Living room
- Level: First
- Area: 504
- Dimensions: 24 x 21
Office
- Level: First
- Area: 156
- Dimensions: 12 x 13
Heating
- Central, Electric, Fireplace(s)
Cooling
- Central Air, Ductless, Electric, Multi Units
Appliances
- Included: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Refrigerator, Range Hood, Tankless Water Heater, Washer
- Laundry: Stacked
Features
- Fireplace, High Ceilings, Kitchen Island, Recessed Lighting, Split Bedrooms, Entrance Foyer
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,450 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Carport, Driveway, Garage
- Attached garage spaces: 1
- Has carport: Yes
- Has uncovered spaces: Yes
- Details: Driveway Spaces:2.00
Features
- Exterior features: Sprinkler/Irrigation
- Has private pool: Yes
- Pool features: Gas Heat, In Ground, Pool, Private, Pool/Spa Combo
- Fencing: Fenced,Full
- Has view: Yes
- View description: Bay, Bayou
- Has water view: Yes
- Water view: Bay,Bayou
- Waterfront features: Boat Dock/Slip, Bayou, Boat Ramp/Lift Access, Dock Access, Seawall, Waterfront
- Frontage length: 90
Lot
- Size: 0.33 Acres
- Dimensions: 90 x 158
- Features: Landscaped, Waterfront
Details
- Additional structures: Boat House
- Parcel number: 21639000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Block, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1950
Utilities & green energy
- Water: Well
- Utilities for property: Trash Collection, Water Available
Community & neighborhood
Community
- Community features: Short Term Rental Allowed, Sidewalks
Location
- Region: Panama City
- Subdivision: Cove Terrace
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved