Back 1175 Cove Pointe Drive
Off Market

1175 Cove Pointe Drive

Panama City FL 32401

20952 sq. ft.
Land
Last sold for $225,000
David DeesDavid Dees, last sold this property on 31 July 2026 after 37 days on market.

Overview

Rare opportunity to own a premier homesite with beautiful Watson Bayou views in the highly desirable Cove Pointe community. This spacious 0.48-acre lot offers the perfect setting to build your custom dream home, with ample room for outdoor living and entertaining. Residents of Cove Pointe enjoy access to a public park, conservation area and a community day dock with navigable water leading to the bay and Gulf, making it an ideal location for boating enthusiasts and those seeking the coastal lifestyle. Architectural guidelines help preserve the neighborhood's charming coastal character and enhance the appeal of this exclusive community. Cove Pointe is nestled within the historic Cove area of Panama City, known for its majestic oak-lined streets, waterfront properties, and scenic views. Located on a quiet cul-de-sac, 1175 Cove Pointe Drive provides both privacy and convenience, just minutes from downtown Panama City's revitalized waterfront district featuring unique shops, marinas, art galleries, restaurants, and live entertainment venues. Enjoy easy access to local shopping, schools, healthcare facilities, and all the amenities the area has to offer. Don't miss this exceptional opportunity to create your own coastal retreat in one of Panama City's most sought-after neighborhoods. Make Cove Pointe your coastal paradise.

Features

20952 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 1175 Cove Pointe Drive is $46.5k.

Median value
$46.5k
Estimated value range
$8.5k - $825k
Median days on market
26
Estimated value trend
43%
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 1175 Cove Pointe Drive

2026
Sold
$225,000
31 Jul 2026 by David Dees, of Jean Doyle, Broker
2025
Sold
$195,000
19 Dec 2025 by Ashley Crawford, of Counts Real Estate Group
2016
Sold
$120,000
08 Jun 2016 by Ayesha Albibi, of Keller Williams Success Realty

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, 50 land plots similar to 1175 Cove Pointe Drive, have been sold.

This represents a 39% increase in land plots sales when compared to the previous 12 months.

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