Cove Terrace Real Estate

Welcome to Cove Terrace, a hidden gem nestled in the heart of Panama City, Florida. This charming subdivision offers a perfect blend of tranquility and convenience, making it an ideal choice for families, retirees, and anyone seeking a serene lifestyle near the beautiful Gulf Coast.

Cove Terrace boasts a picturesque setting with lush, mature trees and well-maintained landscaping that invites you to explore its peaceful streets. The community is known for its friendly atmosphere, where neighbors become friends and everyone feels right at home. With a variety of beautiful single-family homes, Cove Terrace caters to diverse tastes and lifestyles, ensuring that you'll find the perfect place to call your own.

Living in Cove Terrace means you’re just a stone’s throw away from the stunning beaches of Panama City, where you can soak up the sun, enjoy water sports, or take leisurely strolls along the shoreline. The vibrant downtown area is also within easy reach, offering an array of dining, shopping, and entertainment options to suit every preference.

Families will appreciate the proximity to highly-rated schools and recreational facilities, while nature enthusiasts can explore nearby parks and nature reserves, perfect for hiking, biking, and outdoor activities. With its ideal location, friendly community, and beautiful surroundings, Cove Terrace offers an exceptional quality of life in Bay County.

Discover your dream home in Cove Terrace today, and experience the charm and warmth of this delightful Panama City neighborhood!

Newest Listings in Cove Terrace

$300,000

4 Beds ⋅ 2 Baths ⋅ 794623 MLS

Welcome to this beautifully updated 4-bedroom, 2-bathroom home situated on an oversized lot with an abundance of outdoor space! Completely remodeled in 2019, the home features a desirable split-bedroom floor plan, spacious bedrooms, luxury vinyl plank flooring throughout, and a beautifully appointed kitchen with butcher block countertops and stainless steel appliances. Enjoy outdoor living from the covered front porch or unwind on the open back porch overlooking the expansive backyard with convenient alley access. With plenty of room to entertain, garden, play, or simply enjoy the outdoors, the backyard is a standout feature of this property. Located in Panama City's desirable Cove neighborhood, this home is just a short walk or golf cart ride to St. Andrews Bay Yacht Club, Downtown Panama City, local restaurants, shopping, and entertainment. Take an evening golf cart ride to Beach Drive and enjoy some of Panama City's most beautiful waterfront sunsets along St. Andrews Bay. This home offers a wonderful combination of space, updates, location, and classic Cove charm!

107 N Claire Drive, Panama City

Listing courtesy of ERA Neubauer Real Estate Inc.

$425,000

4 Beds ⋅ 2 Baths ⋅ 794455 MLS

Beautifully remodeled home in Panama City's highly sought-after Cove neighborhood! From the moment you enter, you will appreciate the spacious open floor plan, vaulted ceiling, recessed lighting, and luxury vinyl plank flooring throughout. The modern kitchen is designed for everyday living and entertaining, featuring an impressive 9-foot island, pantry, refrigerator with water and ice dispenser, and a self-cleaning glass-top range that even has a bread-proofing feature. The island has a hidden power bank. Both bathrooms feature double vanities and attractive tilework. The hallway bath has a tub/shower and the master ensuite has a tiled stand up shower. The owner has added a large back deck, creating a wonderful space for morning coffee, evening relaxation, and entertaining. A backyard shed provides additional storage, and the home also features a concrete driveway. The backyard is now completely privacy fenced with a double gate to allow alley access. Located just half a block from Sudduth Park, residents can easily enjoy the baseball diamond and playground. Cherry Street Elementary is within walking distance, and downtown Panama City is accessible by bicycle or golf cart for the Saturday farmers market, festivals, shops, live music, dining, and community events. Along the way, enjoy the scenic Beach Drive area, where the Cove Events Committee hosts its Fourth of July celebration. The neighborhood also embraces its golf-cart lifestyle with festive parades for Christmas, Halloween, and the Fourth of July. This updated Cove home offers a wonderful combination of modern comfort, outdoor living, and a convenient neighborhood location! Information is deemed reliable but not guaranteed. All measurements and property details are approximate and should be verified by buyer.

112 N Gayle Avenue, Panama City

Listing courtesy of Foundation Real Estate Agency LLC.

$214,900

3 Beds ⋅ 1 Baths ⋅ 793910 MLS

901 E 2nd Pl offers a spacious 3-bedroom, 1-bath home with approximately 1,557 square feet and plenty of potential to make it your own. The home features a functional layout with generously sized living spaces, updated flooring throughout much of the interior, and an abundance of natural light from multiple windows. Major systems have already seen important updates, with the roof and HVAC both approximately 7 years old, helping take some of the bigger-ticket items off the list. The property also offers a large bonus/flex space that could serve as a second living area, home office, game room, hobby space, or additional storage depending on your needs. Outside, the home sits on a spacious lot with a large backyard surrounded by mature trees and vegetation, providing plenty of room for outdoor entertaining, pets, gardening, or future improvements. An attached utility/workshop area adds even more usable space. With its solid square footage, flexible floor plan, updated major systems, and convenient Panama City location, this home presents an excellent opportunity for an owner-occupant looking to personalize a home or a buyer searching for a property with value-add potential. |3 Bedrooms | 1 Bathroom | Approx. 1,557 SF | Roof Approx. 7 Years Old | HVAC Approx. 7 Years Old | Spacious Lot | Bonus/Flex Space Schedule your showing and see the possibilities this Panama City home has to offer. Property is being sold as-is no repairs to be made. Buyer and buyer's agent to verify all measurements, system ages, condition, and information deemed important.

901 E 2nd Place, Panama City

Listing courtesy of Joseph Walter Realty LLC.

$279,000

3 Beds ⋅ 1 Baths ⋅ 791192 MLS

RARE 2.99% ASSUMABLE VA LOAN available to qualified buyers. Welcome to this classic brick home in the Cove, filled with natural light, hardwood floors, and the timeless appeal that makes this neighborhood so special. - Classic brick home - Hardwood floors - Large lot, partially fenced - Rear alley access for convenient boat parking and storage - Single car garage with additional storage - No HOA - Bright, airy interior filled with natural light - Minutes from historic downtown Panama City with dining, shopping and local events With its blend of space, location, and timeless appeal, this Cove home offers a rare opportunity to enjoy one of Panama City's most desirable neighborhoods.

111 N Marie Drive, Panama City

Listing courtesy of Barbee Beach House Realty.

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