Waterfront Residential Building
For Sale
$101,500
1150 Cove Pointe Drive, Panama City, FL 32401
LAND - Panama City, FL
Property SizeContact for details
Lot Size0.20 Acres
Days on Market124
Property Features for 1150 Cove Pointe Drive
General Information
Property type
Land
Property subtype
Other
Subdivision
Cove Pointe
Elementary school
Cherry Street
Middle school
Jinks
High school
Bay
Directions
Cove Blvd. to 4th Street, East on 4th, South on Mercedes, East on 3rd into subdivision. This is the first lot on the right on the corner
Standard status
Active
APN
21267-157-000
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COVE POINTE LOT 57 ORB 4737 P 2357
Tax Annual Amount
1000
HOA Fee
$700 Annually
Legal Description
COVE POINTE LOT 57 ORB 4737 P 2357
Utilities
Sewer type
Public Sewer
Listing Agency:
Think Real Estate
(850) 270-4200
Listed By:
Joshua W Wade · License #3462509
(850) 867-1391
Added: Apr 3
Changed: Jul 24
Last Checked: Aug 4 at 8:06AM
MLS# 787867
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This listing offers a residential building lot in the Cove Pointe community at 1150 Cove Pointe Drive, Panama City, FL 32401. The property is described as an interior homesite within the neighborhood, totaling approximately 0.2 acres. Cove Pointe is presented as a boutique waterfront community along Watson Bayou, with a private community day dock within a short walk of the lot.
The public remarks also note direct access to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico. Additional community context provided includes quiet, interior-lot placement and oak-lined streets. The remarks further state that the downtown Panama City waterfront district and nearby marinas, St. Andrews Bay Yacht Club, and medical facilities are minutes away by car or golf cart.
Overall, this is a waterfront-focused lot intended for construction of a custom residence within the Cove Pointe community.
The public remarks also note direct access to St. Andrews Bay, the Intracoastal Waterway, and the Gulf of Mexico. Additional community context provided includes quiet, interior-lot placement and oak-lined streets. The remarks further state that the downtown Panama City waterfront district and nearby marinas, St. Andrews Bay Yacht Club, and medical facilities are minutes away by car or golf cart.
Overall, this is a waterfront-focused lot intended for construction of a custom residence within the Cove Pointe community.
Key Highlights
- Direct access to St. Andrews Bay, Intracoastal Waterway, and the Gulf of Mexico.
- Private community day dock for paddleboarding, fishing, and water access.
- Premium .199‑acre homesite in the exclusive Cove Pointe community.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Residential homesite in the Cove Pointe community with access to Watson Bayou and a nearby private day dock.
Where is this waterfront land located?
The property is located at 1150 Cove Pointe Drive Panama City, FL.
What is the asking price?
The asking price for this property is $101,500.
What are key features of this property?
This property features: Direct access to St. Andrews Bay, Intracoastal Waterway, and the Gulf of Mexico.; Private community day dock for paddleboarding, fishing, and water access.; Premium .199‑acre homesite in the exclusive Cove Pointe community.
