Cove Terrace 3rd Add Real Estate, Homes, Condos for Sale in Panama City, FL

This home is in the desirable neighborhood of ''The Cove'' the home was rebuilt after Hurrican Michael, but still has items to be completed and the seller is not in a position to do them. We will have a OPEN HOUSE on August 2 to have an afternoon of one day showings only. one of the AC units does not work, Gas needs to be vented. This is a fixer upper! New Roof 2019

808 E 3rd Street, Panama City

$505,000

3 Beds ⋅ 2 Baths ⋅ 786203 MLS

Full remodel to include - plumbing, HVAC inside and outside w duct work, all new electrical, added master suite with bath, new windows, new doors, updated top to bottom

204 S Cove Terrace Drive, Panama City

$153,000

3 Beds ⋅ 1 Baths ⋅ 785607 MLS

Opportunity property with value-add potential in Panama City. This 3-bedroom, 1-bath home offers 900 square feet on an oversized 0.309-acre lot inside city limits. The roof was replaced in 2019, providing a key structural update already completed. The single-story layout includes vinyl plank flooring, a functional living and dining area, built-in bedroom storage, and a dedicated laundry space. A screened front porch adds covered outdoor space, while the detached one-car garage is connected by a covered breezeway for convenient access. The fenced backyard offers, generous depth, and room for future improvements or expansion. With no HOA restrictions and a large lot size, the property provides flexibility for renovation and long-term upside. Located near Downtown Panama City and St. Andrews Bay, this home offers convenient access to shopping, dining, parks, and waterfront amenities within Bay County. A strong opportunity in an established residential setting. Conveniently located near everyday amenities, the property is approximately 1.2 miles from Downtown Panama City and about 1.1 miles from St. Andrews Bay access. Grocery options including Publix Super Market at Millville are approximately 0.8 miles away, with additional shopping and dining along 15th Street within roughly 1 to 1.5 miles. Oakland Terrace Park is approximately 0.6 miles away for outdoor recreation. Nearby schools include Cherry Street Elementary approximately 0.9 miles away, Rosenwald High School approximately 0.7 miles away, Jinks Middle School approximately 1.3 miles away, and Bay High School approximately 1.5 miles away.

1010 E 2nd Place, Panama City

$310,000

3 Beds ⋅ 2 Baths ⋅ 775476 MLS

Welcome to 228 N MacArthur Avenue, nestled in the heart of The Cove, one of Panama City's most sought-after neighborhoods. This 3-bedroom, 2-bathroom home sits on a spacious corner lot just a short distance from the water, blending coastal charm with everyday comfort. Inside, you'll find an open-concept layout perfect for entertaining, with the primary bedroom conveniently located on the first floor. The attached 2-car garage adds ease and functionality, while the fenced-in backyard offers a private retreat complete with a covered patio, ideal for enjoying the Florida sunshine or hosting friends and family. Don't miss the opportunity to live in this beautiful and established neighborhood, just minutes from downtown, marinas, and all the charm the Cove has to offer.

228 N Macarthur Avenue, Panama City

$238,000

3 Beds ⋅ 1 Baths ⋅ 762786 MLS

PRICE REDUCED! New to the Market! A charming home in the Cove with tons of updates. Brand new kitchen cabinets and a stainless steel appliance package. Butcher block counters. Life proof luxury vinyl plank throughout entire home. New 2024 Hvac. Home has 3 bedrooms plus two additional bonus rooms that could be additional bedrooms, entertainment rooms, etc. New insulation in attic. Ready to call Home. One of the most sought after locations in all of Bay County. Golf cart friendly neighborhood with great proximity to downtown Panama City, which has great local eateries and seasonal events and farmers markets.

127 Harris Ave N, Panama City

$245,000

2 Beds ⋅ 2 Baths ⋅ 745232 MLS

Cozy Cove home with 2 bedrooms and 2 bathrooms and attached garage. Both bathrooms are newly remodeled and updated. All new air conditioner/heating and duct systems professionally replaced. Upgraded electric and hot water heater in 2022. Brand new front deck. A large front yard with a fenced in backyard. Roof is only five years old. This home is a must see if you are looking for a Cove home.

203 N Bonita Avenue, Panama City

$265,000

3 Beds ⋅ 1 Baths ⋅ 755656 MLS

Charming Large Brick home at the Cove with New Kitchen, Flooring home been rehabbed the roof and window installed after the Hurricane Michael. Feature New hardwood floors and tile in the kitchen . This could easily be converted to 4 bedroom and 3 bathroom. Owner currently has a floor plan already approve from the city. 1 car garage, Large backyard plenty room to put a pool. Close to downtown Panama City and boat launch. Call for you private showing today.

904 E 3rd Street, Panama City

$385,000

4 Beds ⋅ 2 Baths ⋅ 756642 MLS

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' The perfect mix of old cove charm with modern upgrades. This cute brick home has everything you need to make the family feel right at home. When you walk into the home you are greeted with bright natural light reflecting off the hardwood floors. The renovated kitchen boasts stainless steel Whirlpool appliances, a spacious island, as well as exposed brick and wooden shelves that perfectly tie the room together. The kitchen flows directly into the living room with a white brick fireplace and wood mantle. The primary bedroom is very large with many windows wrapping around the room. There is a walk-in closet, laundry room (washer & dryer do not convey), and bathroom all connected to the primary. The ensuite bathroom has dual vanity with a stylish backsplash. The other 3 bedrooms are located down the hall by the other full bathroom. All are comfortable sizes for bedrooms, office, play room, etc! This house features original and newer hardwood flooring, as well as LVP in the primary bedroom and tile in the bathrooms. The door in the living room leads you to the covered screened in porch that is perfect to relax with a cup of coffee, listen to the birds, and wave to neighbors as they walk by. The porch directly leads to the carport that accommodates 2 vehicles. The entire back yard is fenced in, with two large sheds for all of your belongings. There is a large gate that will allow you to park your boat, camper, etc inside the fence. Centrally located in the Cove, this is the perfect location for people searching for a neighborhood that you can take your golf cart to beach drive, a bike ride to downtown Panama City, and much more. Come see this house today!

1005 E 2nd Court, Panama City

$210,000

4 Beds ⋅ 2 Baths ⋅ 781354 MLS

*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* Beautiful home in the heart of the Cove! This 4-bedroom, 2-bath home features refinished original hardwood floors and a kitchen with butcher block countertops and stainless steel appliances. All windows were replaced (2022), along with a new roof (2022) and HVAC (2022). Plumbing and electrical have also been updated. Move-in ready and full of the Cove charm you'll love! The floor plan offers natural light and a comfortable flow between living spaces, ideal for both everyday living and hosting guests. Enjoy being just minutes from downtown Panama City, with easy access to public boat ramps, restaurants, and shopping. This home is ready for you to call it yours!

208 N Macarthur Avenue, Panama City

$279,000

3 Beds ⋅ 1 Baths ⋅ 780686 MLS

Charming Home in the Highly Sought-After Bunkers Cove Area! A house with all the Florida charm and character unique to this area. If you're looking for a well-maintained residence in the beautiful Cove neighborhood, look no further! This lovely property features a cozy breakfast nook off the living area — the perfect spot to enjoy your morning coffee while admiring the lush greenery and stunning palm trees in the yard. Designed for those who want just the right amount of space to live comfortably without spending all their free time on upkeep, this home is ideal for individuals or families alike. Located close to Watson Bayou, St Andrew Marina, the exciting new downtown shops, restaurants, salons, and hospital — you'll love the convenience of this central location. Still only 20 minutes to the white sandy beaches of Panama City Beach. Additional highlights include: Newer metal roof (2019) Flood Zone X (not a flood zone) — no flood insurance required. Garage (20' x 12'7'') with plumbing, electric, and central heating and air — easily convertible to an extra room or workshop Buyer to verify all measurements and lot size if important.

900 E 3rd Street, Panama City

$215,000

2 Beds ⋅ 1 Baths ⋅ 763384 MLS

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Cozy Cove Cottage Welcome to 1103 E 2nd Court, Panama City, FL 32401, nestled in the sought-after Cove community. This delightful home is positioned on a generous lot and boasts a newer roof, hot water heater, and a variety of recent updates, including a refreshed kitchen, ensuring peace of mind for years ahead. As you step inside, you'll be greeted by beautiful original hardwood floors and an abundance of natural light, which together create a warm and welcoming atmosphere. Bask in the refreshing breeze from the breezeway, enhancing the outdoor charm while providing easy access to the carport. Ideally located near downtown Panama City, you'll enjoy effortless access to outstanding dining, shopping, and recreational opportunities. Don't miss your chance to make this cozy Cove cottage your own! Schedule a showing today.

1103 E 2nd Court, Panama City

$176,000

3 Beds ⋅ 2 Baths ⋅ 767522 MLS

3 beds and 2 baths handyman. Excellent fix and flip or rental.

902 E 2nd Plaza, Panama City

$329,900

3 Beds ⋅ 2 Baths ⋅ 777943 MLS

Live in the highly coveted Cove neighborhood! This 3/1.5 Florida Cottage has evolved since it was originally built in 1958 to the extent that the Bay County Property Assessor's Office reports the effective year built is 2018!! Enter into the open concept living area where Living Room, sunken Family Room and upgraded Kitchen are all connected for outstanding entertaining opportunities where people can easily interact. Three bedrooms are conveniently located, and this floor plan just makes good practical sense. The interior paint is crisp, warm and in great taste. Too many updates, upgrades and enhancements to list but here are just a few: New Roof in 2019. All new Interior Paint in 2023 along with a New Deck. Dishwasher and Interior Lights replaced in 2024. In 2025: New LVP Flooring throughout; Baseboards, Kitchen upgrade with Granite Countertops, Backsplash, Cabinets, Paint; Half-bath update and New Sewer Line connected to the City sewer line. The back yard is nicely fenced -in and there is an 8'x16' storage building with plenty of room. This is a spacious quarter acre lot (145'x75') and the deck in back is awesome for enjoying a morning cup of coffee with privacy. Convenient to virtually everything in downtown Panama City and only minutes to one of the world's top ten beaches on the Gulf of America! Reach out to your favorite Realtor and set up a showing today!

109 N Palo Alto Avenue, Panama City