200 S Cove Terrace Dr

Off Market

200 S Cove Terrace Dr

Panama City FL 32401

2625 sq. ft.

13068 sq. ft.

Single-Family

Last sold for $515,000

Joshua Hoey, last sold this property on 08 May 2026 after 52 days on market.

Overview

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS - 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.

Features

4 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

2625 sq. ft. floor area

13068 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Panama City over the last 12 months, the estimated median property value of 200 S Cove Terrace Dr is $355k.

Median value

$355k

Estimated value range

$137.9k - $1.35m

Median days on market

Estimated value trend

-15%

decrease 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 200 S Cove Terrace Dr

2026

Sold

$515,000

08 May 2026 by Joshua Hoey, of Think Real Estate

Happy sellers in Panama City

90%

90% 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 8 reviews in Panama City over the last 12 months.

Local market activity for 4 bedroom single-family properties in Panama City

In the last 12 months, 40 four-bedroom single-family properties similar to 200 S Cove Terrace Dr, have been sold.

This represents a 22% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Panama City for a market analysis.

Tyler S Smith

at Legacy Premier Agency LLC

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Ashley Moran

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Nearby agents

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Tyler S Smith

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