This beautifully updated 3-story townhome in the gated Waterhaven community offers just the right mix of style, comfort, and TONS of storage--with over $50,000 in upgrades and a bonus in-law suite over the garage. Inside, you'll find a comfortable and charming living space with gas fireplace. The main kitchen is a dream for anyone who loves to cook (or just entertain), featuring an extended island, new countertops, added cabinets and shelving and top-notch appliances--including a Viking range and Subzero fridge. There's even a beverage fridge and ice maker at the wet bar for easy entertaining. The laundry room also has room for an office and additional pantry space. French doors off the dining room lead to a cozy private courtyardgreat for relaxing with a book or hosting friends on warm evenings. Upstairs on the second floor you'll find the master suite with newly remodeled ensuite bathroom and private balcony. The guest room with ensuite bathroom is across the hall with its own balcony overlooking the courtyard below. The third floor boasts another guest room with ensuite bathroom and even more climate controlled storage closets! The real bonus? A private carriage house above the two-car garage with its own full kitchen, bathroom, and sitting area. It's perfect for guests, family, or even a quiet home office. Furnishings in carriage house are negotiable.
As a Waterhaven resident, you'll also have access to a ton of resort-style amenities: a bay front pool, huge private pier, private boat slips, clubhouse with theater and fitness center, outdoor grilling stations, and a spacious gathering room for events. This community truly is a gem on the emerald coast and you're sure to feel right at home.
For sale
$649,900
4139 Cobalt Cir #R025, Panama City, FL 32408
4beds
2,860sqft
Est.:
Condominium
Built in 2007
-- sqft lot
$-- Zestimate®
$227/sqft
$1,459/mo HOA
What's special
Gas fireplacePrivate balconyExtended islandCozy private courtyardBalcony overlooking the courtyardTons of storageWet bar
- 20 days
- on Zillow |
- 413 |
- 12 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 06:10am
Listed by:
Heather B Cramer 850-830-1065,
Newman Dailey Resort Properties
Source: ECAOR,MLS#: 981359
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Kitchen
- Level: First
Living room
- Level: First
Cooling
- Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Ice Maker, Microwave, Range Hood, Refrigerator, Gas Range, Wine Refrigerator
Features
- Bookcases, Guest Quarters, Kitchen Island, Renovated, Wet Bar, Bedroom, Dining Room, Kitchen, Living Room, Master Bedroom
- Flooring: Hardwood
- Windows: Plantation Shutters, Window Treatments
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,860
- Total interior livable area: 2,860 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 3
- Exterior features: BBQ Pit/Grill, Dock
- Pool features: Community
- Waterfront features: Beach, Waterfront
Details
- Parcel number: 40000050079
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Construction Complete
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Community Room, Fitness Center, Fishing, Gated, Pool
- Subdivision: Waterhaven
HOA
- Has HOA: Yes
- HOA fee: $4,378 quarterly
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $227/sqft
- Date on market: 7/21/2025
- Electric utility on property: Yes
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