213 S Cove Terrace Dr, PANAMA CITY

$1,835,000

5 Beds
5 Baths
4,893 Sqft
.53 Acres
2 Garages

Modern WATERFRONT luxurious living at it's finest! Welcome to the historic Cove neighborhood where you'll find deep waterfront, incredible sunset views and a remarkable modern-designed home spanning over 4,800 square feet. This lifestyle you've been dreaming of is now a reality! Immerse yourself in unparelled luxury. Crafted with a unique, modern neutral palette, step into 9' ceilings, wide open spaces with 5 bedrooms, 4.5 bathrooms, bonus room, pool, spa, and dock with boat house. The Chef's kitchen is a true dream. Custom gold-gilded cabinetry, a 48'' Z-line professional gas range, pellet ice maker, oversized Quartz island and a walk-in Butler's pantry stand out in this kitchen with soaring ceilings, tiled backsplash and custom coordinating hood range.Enjoy breezes from the Bay on the screened porch overlooking the pool and Bayou, just off the kitchen. Step through the oversized archway and watch as the living, kitchen and dining space become one. A stunning feature wall with shelving and custom lighting are a showpiece in the living room area giving a luxurious feel and great ambience. The living room spans wide and offers a gas stone fireplace as a focal point. Step out of the multiple French doors onto the expansive Trex deck overlooking the pool, spa, backyard and waterfront. Enjoy the best sunsets the Cove has the offer from this deck daily! The dining room features a large antique chandelier truly creating a perfect place for hosting guests and family.

The main level showcases a waterfront master suite with a seating area, electric fireplace, unique modern nightstand lighting and large walk-in closet with laundry and a stunning bathroom with a backlit modern tiled shower and Toto toilet with heated seat and bidet. This master suite offers access to the deck where you can enjoy morning coffee and watch the dolphins in the Bayou! The main level also features two large bedrooms with en suite baths complete with new bathtubs, modern tile and LED mirrors.

Thoughtfully designed just off the kitchen, you'll have access to the mud room drop zone, a powder room and direct access to the 2-car garage and backyard. This waterfront home features a walk-out lower level that offers a large family room/bonus room, two additional bedrooms, full bathroom and a storage room. The French doors off the bonus room lead to the beautiful pool and spa and gives access to the dock. Entertaining is most appealing in spaces that allow the outdoors and indoors to flow together and this house is the epitome of an entertaining dream! Imagine the cookouts, parties and holiday gatherings you'll be able to enjoy at home.

213 S Cove Terrace Drive has recently been completely renovated and no detail was overlooked in this remarkable renovation turning this gem into a modern masterpiece! The floorplan was thoughtfully redesigned to maximize bedrooms, privacy and an open concept in the main great room. Custom lighting was added throughout to create a magnificent ambience and a light LVP flooring was chosen throughout to keep a cohesive feel in this large multi-level home. A full renovation was completed in 2021 to include plumbing, electrical, roof and water heaters. This home is very unique in design as it offers a main level living, dining, kitchen area with master bedroom and two guest suites so it lives like a one-story home. With easy access via steps from the kitchen to the pool, spa, backyard and dock, you'll enjoy the most amazing views from a higher level but live like a one-story home! The lower level is easily accessed by stairs off the kitchen and is a great extension of the upper level with additional living areas, two bedrooms, a full bath and access to the outdoors.

This stunning waterfront home in the historic Cove neighborhood is ready to call home. If you've been waiting for a waterfront gem that is fully renovated in a modern design - this is the home for you!

Essential Information
MLS® #944934
Price$1,835,000
Bedrooms5
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage4,893
Acres0.53
Year Built1966
TypeResidential
Sub-TypeDetached Single Family
StyleTraditional
StatusActive
WaterfrontBayou
WaterviewBayou
Last Taxes17991.00
Last Tax Year2023
Community Information
Address213 S Cove Terrace Dr
AreaBay County
SubdivisionCOVE TERRACE
CityPANAMA CITY
CountyBAY
StateFL
Zip Code32401
Amenities
Parking Spaces2
ParkingGarage, Garage: Attached, RV
# of Garages2
Is WaterfrontYes
WaterfrontBayou
Has PoolYes
Amenities

Short Term Rental - Allowed, Waterfront

Utilities

Electric Available, Gas - Natural, Public Sewer Available, Public Water Available

Pool

Pool - In-Ground, Private, Community

Interior
HeatingHeat: Central Electric
CoolingA/C: Central Electric
FireplaceYes
# of Stories2
Interior Features

Ceiling Raised, Floor Vinyl, Lighting Recessed, Pantry, Renovated, Shelving, Washer/Dryer Hookup, Window Treatment All, Built-In Bookcases, Fireplace, Fireplace 2+, Fireplace Gas, Furnished - None, Kitchen Island

Appliances

Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Electric, Stove/Oven Gas, Washer, Ice Machine

Fireplaces

Fireplace, Fireplace 2+, Fireplace Gas

Exterior
ConstructionFrame
Exterior

Frame, Roof Dimensional Shingle, Block, Siding Brick All

Exterior Features

Balcony, Fenced Back Yard, Patio Covered, Pool - In-Ground, Porch Screened, Sprinkler System, Boathouse, Boatlift, Deck Open, Dock, Hot Tub, Porch Covered, Renovated

Roof

Roof Dimensional Shingle, Block

School Information
ElementaryCHERRY STREET
MiddleJinks
HighBAY
Additional Information
Days on Website43
ZoningResidential Single Family
HOA Fees0.00
Property History
Price Reduced from $1,889,000 to $1,835,000
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of Corcoran Reverie SRB. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on April 28th, 2024 at 9:45pm CDT.

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