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200 S Cove Terrace Drive, Panama City, FL 32401

$520,000
  • 200 S Cove Terrace Drive, Panama City, FL 32401 Main Photo

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Active Under Contract
BEDS4 BATHS2 full 1 partial SQUARE FEET2,625 MLS#786856
STATUSActive Under Contract PROPERTY TYPEResidential - Single Family SUBDIVISIONCove Terrace

Property Description

Welcome to 200 S Cove Terrace, located in the highly sought-after Cove neighborhood of Panama City. Known for its charm, golf-cart-friendly streets, and close-knit community feel, The Cove offers an unbeatable location just minutes from the bay, downtown Panama City, local dining, parks, and marinas. Positioned on a desirable corner lot, this property combines convenience with the character that makes this neighborhood so special. *Solar Panels Paid off at Closing* Inside, the home features a comfortable living space anchored by a cozy wood-burning fireplace. The kitchen was refreshed in 2024 with updated appliances, cabinets, and countertops, offering a modern touch while maintaining the home's inviting feel. Step outside to enjoy the saltwater pool, perfect for relaxing or entertaining. Major pool updates include a pool pump replaced in 2019 and a brand-new pool liner installed in 2026. Additional improvements provide peace of mind, including AC replaced in 2019, water heater in 2021, gutters installed in 2020, and exterior painting completed in 2020. With its prime Cove location, corner lot setting, valuable updates, and easy access to both the bay and downtown Panama City, this property offers a great opportunity to enjoy one of the area's most beloved neighborhoods.

200 S Cove Terrace Drive | MLS# 786856

This single family home located at 200 S Cove Terrace Drive, Panama City, FL 32401 is currently listed for sale with an asking price of $520,000. This property was built in 1949 and has 4 bedrooms and 2 full and 1 partial baths with 2625 sq. ft. S Cove Terrace Drive is located in the Cove Terrace subdivision. Search Cove Terrace real estate on www.realtymarkllc.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2
Heating: Central, Electric, Fireplace(s)
Home Style: Traditional
Lot Size: 0.30 Acres
Roof Type: Shingle
Taxes: $4,540
Year Built: 1949

Amenities

Patio

Feature Descriptions

Appliances: Electric Range, Wine Cooler
Community Features: Short Term Rental Allowed
Days on Site: 32
Exterior: Brick
Fencing: Privacy
Lot: Paved
Parcel#: 21651-000-000
Patio/Porch: Balcony, Patio, Covered, Porch
Pool: In Ground, Salt Water, Private
Sewer: Public Sewer
Swimming Pool: Yes
Utilities: Electricity Available

Room Sizes

Bedroom: 13 X 11 Level - First
Bedroom: 12 X 10 Level - First
Bedroom: 12 X 10 Level - First
Primary Bedroom: 23 X 14 Level - Second

Local Schools

High School: Bay
Middle School: Jinks
Elementary School: Cherry Street

Listed By / Shown By

Listed By

Agency Name: Think Real Estate

Shown By

Agency Title: RealtyMark
Agency Phone: 888-240-0600

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Estimated Payment

$ 1,687.29 per month $1,157.29 Principal & Interest $378.33 Property Tax $151.67 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:54:33 AM EST) or Stellar MLS (last updated Fri 04/17/2026 12:44:11 AM EST) or GSMLS (last updated Fri 04/17/2026 12:24:10 AM EST) or Emerald Coast MLS (last updated Fri 04/17/2026 12:05:32 AM EST) or Central Panhandle Association of Realtors (last updated Fri 04/17/2026 12:47:19 AM EST) or Beaches MLS (last updated Fri 04/17/2026 12:47:20 AM EST) or Naples MLS (last updated Thu 04/16/2026 11:41:16 PM EST) or Bright MLS (last updated Thu 04/16/2026 7:53:33 PM EST) or OneKey MLS (last updated Fri 04/17/2026 12:49:37 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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