tomo logo

$1,575,000

Beds
4
Baths
4.0
sq ft
3,450

227 S Cove Terrace Dr, Panama City, FL 32401

227 S Cove Terrace Dr

Panama City, FL 32401

  • 2 days on market
Welcome to your dream waterfront retreat! This stunning 3,450 sq. ft. home offers 4 bedrooms, 4 bathrooms, and breathtaking views of the bay from every angle. Nestled in The Cove, enjoy a waterfront park, two pocket parks, ball field and a multi-use path. Not to mention walk, bike, or golf cart to Downtown!Step inside to find a brand-new remodeled kitchen with high-end finishes, perfect for the home chef. The expansive family room features a stone fireplace, creating a warm and inviting atmosphere. Working from home is effortless with a dedicated office space that offers tranquility and inspiration.Outdoor living is unmatched with over 2,000 sq. ft. of backyard decking, a pool, and a luxurious 8-seater hot tub, making it the perfect space for entertaining. Relax on your private front porch or take advantage of the double boat dock with a platform deck, boat lift, and direct access to the bay for endless days on the water. Only 15 minutes to Shell Island.This home is also equipped with a full-house generator, ensuring comfort and security year-round. Whether you're looking for a serene escape or the ultimate entertainment destination, this property delivers it all.Don't miss the opportunity to own this incredible waterfront home - schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$628,288

Lot size

0.33 acres

Price per sq ft

$457

Year built

1950

Annual property taxes

$5,076

HOA

No

Price History

04/05/2025
CentralPanhandle

CentralPanhandle #771520

Listed
$1,575,000
+343.66%
06/12/2014
CentralPanhandle

CentralPanhandle #620029

Sold
$355,000

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

Smartbank

Loan start date

February 2021

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

2.79%

Loan type

Credit Line (Revolving)

Seller

Daniel Steven Haligas and Jenna Flint Haligas

Lender

Smartbank

Loan start date

December 2020

Original loan amount

$510,400

Est. remaining balance

$461,232

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Daniel Steven Haligas and Jenna Flint Haligas

Lender

Freedom Mortgage Corp

Loan start date

June 2015

Original loan amount

$275,000

Est. remaining balance

$215,415

Interest rate

3.67%

Loan type

New Conventional, 30 year

Seller

Daniel Steven Haligas and Jenna Flint Haligas

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?

Status: Active

Tomo last checked: 04/08/2025 at 3:30 PM

Listing updated: 04/06/2025 at 8:50 PM

Listed by: The Hughes Group, Counts Real Estate Group Phone #: (850) 248-3615

MLS: CentralPanhandle #771520

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