Back 1112 Cove Pointe Dr
Off Market

1112 Cove Pointe Dr

Panama City FL 32401

15681.6 sq. ft.
Land
Last sold for $140,000
Kurt FaddenKurt Fadden, last sold this property on 24 July 2026 after 500 days on market.

Overview

Build your dream home on this exceptional 0.365-acre waterfront homesite in the highly sought-after Cove Pointe community of Panama City. Nestled along the shores of Watson Bayou, this beautiful lot offers access to a navigable waterway leading directly to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico, making it an ideal location for boating enthusiasts. Known for its mature hardwood trees, elevated topography, and charming waterfront setting, Cove Pointe is one of Panama City's most desirable neighborhoods in Panama City. Residents enjoy a peaceful coastal lifestyle while being just minutes from downtown Panama City, marinas, dining, shopping, medical facilities, and the St. Andrews Bay Yacht Club. Whether you're planning a custom primary residence, vacation home, or waterfront retreat, this rare homesite presents an outstanding opportunity to build in an established community that perfectly blends natural beauty, convenience, and access to some of the area's best boating and waterfront amenities.

Features

15681.6 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Panama City over the last 12 months, the estimated median property value of 1112 Cove Pointe Dr is $42k.

Median value
$42k
Estimated value range
$8.5k - $825k
Median days on market
26
Estimated value trend
40%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1112 Cove Pointe Dr

2026
Sold
$140,000
24 Jul 2026 by Kurt Fadden, of Legacy Premier Agency LLC
2023
Sold
$100,000
04 Aug 2023 by Tom Neubauer, of ERA Neubauer Real Estate Inc

Happy sellers in Panama City

89%
89% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Panama City over the last 12 months.

Local market activity for land plots in Panama City

In the last 12 months, 53 land plots similar to 1112 Cove Pointe Dr, have been sold.

This represents a 34% increase in land plots sales when compared to the previous 12 months.

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