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$1,299,000

Beds
4
Baths
4.5
sq ft
2,898

1102 Cove Pointe Dr, Panama City, FL 32401

1102 Cove Pointe Dr

Panama City, FL 32401

  • 184 days on market
    • Price drop $90,000↓
**Exquisite 4-Bedroom Waterfront Home in the Historic Cove**This stunning 2023 new construction offers 147' of waterfront on Watson Bayou. It is the perfect blend of modern luxury and coastal living. Situated on nearly 0.5 acres in a quiet cul-de-sac, this 4-bedroom, 4.5-bathroom home features over 1,000 square feet of covered outdoor living space, ideal for taking in the breathtaking water views.Every bedroom comes with its own en-suite bathroom, ensuring privacy and comfort. The home also includes a dedicated office, making it perfect for remote work or study. The custom chef's kitchen is a culinary dream, featuring a 48'' gas range, panel-enclosed fridge and freezer, and a wet bar designed for seamless entertaining.High-end finishes are found throughout, including Mohawk rev wood flooring, marble-surround showers and tubs, and 8-foot doors with ceilings ranging from 10 to 16 feet, giving the home an expansive feel. Two AC units and spray foam insulation ensure energy efficiency, while two gas tankless hot water heaters offer endless comfort. The home's design seamlessly integrates indoor and outdoor living, with 16-foot sliders opening to a 1,000 sq ft covered porch. Surround sound throughout make this home an entertainers dream. Below, there's an additional 1,000 sq ft of storage for all your holiday decorations and boating essentials. Rest easy knowing the property is monitored by six exterior surveillance cameras. The property includes a brand-new boat dock with a 10,000lb lift and a cozy fire pit by the water's edge.Hurricane impact glass in windows and doors adds an extra layer of security and peace of mind. Located in the historic Cove, you're just a short walk, bike ride, or golf cart trip away from downtown Panama City's shops, restaurants, and vibrant events.Don't miss out on this rare opportunity to enjoy luxurious waterfront living in the heart of the Cove!

Details

Property type

Single Family Residence

Lot size

0.4 acres

Price per sq ft

$449

Year built

2023

Monthly HOA fee

$54.17

Price History

11/25/2024
CentralPanhandle

CentralPanhandle #759044

Price change
$1,299,000
-6.48%
11/07/2024
CentralPanhandle

CentralPanhandle #759044

Price change
$1,389,000
-0.71%
10/07/2024
CentralPanhandle

CentralPanhandle #759044

Price change
$1,399,000
-6.67%

Schools & Community

Elementary school: 

Cherry Street

Middle school: 

Jinks

High school: 

Bay

Community features: 

Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Midsouth Bank

Loan start date

September 2021

Original loan amount

$377,000

Est. remaining balance

Not provided

Interest rate

2.45%

Loan type

Building or Construction Loan

Seller

James M Griffltts and Patrice L Griffltts

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

CentralPanhandle
$1,125,000
4 bd
|
3.5 ba
|
3,329 sq ft
|
House

716 E Caroline Blvd, Panama City, FL 32401

Status: Active

Tomo last checked: 12/25/2024 at 3:55 PM

Listing updated: 11/25/2024 at 10:10 AM

Listed by: The Griffitts Group, Think Real Estate Phone #: (850) 270-4200

MLS: CentralPanhandle #759044

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