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200 S Cove Terrace Drive
Panama City, FL 32401

$520,000 - Status: Active Under Contract

Beds: 4

Baths: 2 full 1 partial

SQFT (H&C): 2,625

MLS# 786856

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.

Property Features

MLS#: 786856

Zip: 32401

Subdivision: Cove Terrace

Development: 0203 - Bay - Central Sw

Property Type: Residential - Single Family

Cooling: Central Air

Days on Site: 24

Garage: 2

Heating: Central, Electric, Fireplace(s)

Home Style: Traditional

Lot Size: 0.30 acres

Roof Type: Shingle

Taxes: $4,540

Year Built: 1949

SQFT (H&C): 2,625

Feature Descriptions

Appliances: Electric Range, Wine Cooler

Community Features: Short Term Rental Allowed

Exterior: Brick

Exterior Features: Patio

Fencing: Privacy

Lot Description: 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

Primary Bedroom: 23 X 14 Level - Second

Local Schools

High School: Bay

Middle School: Jinks

Elementary School: Cherry Street

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 nbeninate.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Think Real Estate

Shown By

Agent Name: Nick Beninate
Agent Phone: (850) 819-7484
Agency Title: Beachy Beach Real Estate

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200 S Cove Terrace DrivePanama City, FL 32401