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Waterfront Residential Homesite
For Sale
$189,000

1112 Cove Pointe Dr, Panama City, FL 32401

Build on a waterfront homesite with elevated terrain and mature hardwood trees, offering access to a navigable waterway.

Property SizeContact for details
Lot Size0.37 Acres
Days on Market65

Property Features for 1112 Cove Pointe Dr

General Information

Standard status Active
Lot size 0.37 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,466
Listing Agency:
Listed By: Nathan R Lawrence · License #3107484
Source: Elliman
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 8 at 4:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nathan R Lawrence

Investment Insights

Based on property information with market context.

This 0.365-acre waterfront homesite is ready for a custom residence, situated along the shores of Watson Bayou. The property features mature hardwood trees and elevated topography, providing a natural setting for a future home design that takes advantage of the water view and coastal surroundings.

Located in the Cove Pointe community of Panama City, the homesite provides water access to a navigable route leading to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico. The area is described as established and waterfront-focused, with residents able to reach marinas, dining, shopping, medical facilities, and the St. Andrews Bay Yacht Club in a matter of minutes, along with downtown Panama City.

For buyers planning a primary residence, vacation home, or waterfront retreat, the lot’s combination of elevated terrain, mature tree cover, and direct connection to boating routes supports a lifestyle centered on water access. Its homesite configuration is suited to those looking to build within an established coastal community while keeping convenient access to everyday amenities and nearby waterfront attractions.

Key Highlights

  • 0.365‑acre waterfront homesite in the Cove Pointe community of Panama City
  • Watson Bayou shoreline with access to a navigable waterway to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico
  • Elevated topography and mature hardwood trees on the property

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Dental Office Nail Salon Auto Parts Store Restaurant Hair Salon Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

689
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Build on a waterfront homesite with elevated terrain and mature hardwood trees, offering access to a navigable waterway.
Where is this waterfront land located?
The property is located at 1112 Cove Pointe Dr Panama City, FL.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 0.365‑acre waterfront homesite in the Cove Pointe community of Panama City; Watson Bayou shoreline with access to a navigable waterway to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico; Elevated topography and mature hardwood trees on the property
More about this property
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