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1150 Cove Pointe Drive

Panama City, FL 32401
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Acres0.20

Acre(Lot)

High and Dry, Flood Zone X, water, sewer, and power at the road. Survey in hand. 1150 Cove Pointe Dr is ready to build on! This .199-acre homesite sits on a quiet interior street in Cove Pointe, a small single-family community on Watson Bayou. Owners share a private day dock -- from there you're into St. Andrews Bay and out to the Gulf with no overhead obstructions along the way. There's real history on this ground. It was Cove Gardens, built in the early 1940s as the only military housing in Bay County. When the Air Force released it, an act of Congress routed the sale through the City so the proceeds would go back to Tyndall, and the City wrote the development rules itself, low density, protect the trees. That's why the oaks are still standing. The developer removed all 133 units, restored the site, and put in new roads, utilities, drainage, and the community dock. Fifty-eight lots in all, completed in 2006. HOA dues are $700 a year. Minimum build is 1,800 heated and cooled square feet, with a two-car garage and architectural review. In-ground pools are permitted. Short-term rentals are not, so this is a neighborhood people live in. A community park, named for one of the original partners, is planned and not yet built. Downtown Panama City's waterfront district is minutes by car or golf cart. Restaurants, Marinas, St. Andrews Bay Yacht Club, and Bay Medical are all close. Survey, covenants, and design guidelines available on request. Schedule your showing today!

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Detail Ic Property Details

Property Type : Land

Price : $100,000

AD Id : 91287901

MLS Id : 795489

Lot Size : 0.20 Acre(Lot)

Tax Amount : $999.70

County : Bay

Subdivision: Coral Way Hgts

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Feature Features

  • Lot Information

    Lot Dimensions: Irregular Main Square Feet: 0.2 Lot Size Acres: 0.2 Lot Size Square Feet: 8,712 Lot Description: Paved

    Property Information

    Subdivision: Cove Pointe Source Property Type: Land MLS Area Minor: 0203 - Bay - Central SW Zoning Description: Resid Single Family Property SubType: Residential

  • Listing Price Information

    Listing Price: $100000

  • Tax Information

    Parcel Number: 21267-157-000 Tax Year: 2025 Annual Tax: $999.7 Tax Legal Desc: COVE POINTE LOT 57 ORB 4737 P 2357

  • Homeowners Association Information

    Has Association: Yes
    HOA: $700.00
    Association Amenities: Dock

  • School Information

    Elementary School: Cherry Street Junior High School: Jinks Senior High School: Bay
  • Location Information

    Direction: Heading South on N Cove Blvd. turn left on E 3rd Street. Cove Pointe will be on the left and this is the first lot on the right on the corner. Sign in yard
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Nearby Home Value

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ByOwner last updated this listing 09/21/2026 @ 01:58

MLS: 795489 LISTED BY: Zachary Murzyn, Secure Real Estate 850-481-5322 SOURCE: CPAR

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