8 months on rocket

724 Bunkers Cove Rd, Panama City, FL, 32401

$987,000

1.10 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
WaterfrontBay
ViewBay
MLS #930378
Lot Size1.10 Acres
StatusActive

About 724 Bunkers Cove Rd

A rare WATERFRONT opportunity with NO HOA is now available to build your dream home in the highly coveted Cove neighborhood! Adorned with hundred year old, mature oak trees and 175 water frontage, this is an idyllic setting featuring unparalleled views of the open Bay. This vacant lot, ready to build, presents an exceptional canvas for your dream waterfront retreat. This lot boasts an incredible 1.1 acres and is situated across from a neighborhood park. Youll enjoy the highest level of privacy on this estate-sized homesite that is so rare. The lot provides access to newly ran city water and sewer lines at the road along with natural gas. Dont miss your chance to own this PRIME waterfront homesite on Bunkers Cove Road with stunning panoramic views of the Bay. This lot is located just 6 miles by boat to the open Gulf of Mexico. Live your best WATERFRONT life fishing, boating, kayaking, and enjoy the purest of Bay views from your backyard. The seller has begun preliminary home plans for a 2,751 SF single level home offering three bedrooms, three bathrooms, office, bonus room above the three car garage and a remarkable outdoor living area. The plans will convey to buyer but are not engineered or build-ready. The buyer may choose to continue on with the plans at their discretion and cost. Renderings show the home on the lot for visual purposes only. The Cove is a quaint neighborhood that features highly desirable waterfront homesites, charming community parks, golf cart-friendly streets and activities year-round! Just minutes from booming downtown Panama City, youll be just a few miles from farmers markets, a brewery, arcade, fabulous dining, boutique shopping and tons of activities. A waterfront opportunity like this doesnt come available often. This is your chance to build your dream home!

Property Details

Property Features

Listing Office:

  • Office Name: Corcoran Reverie SRB
  • Office Email: hilary.ff@corcorangroup.com
  • Listing Agent: Carly K Sostheim

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay
  • View: Bay

Lot Features

Lot Information:

  • Lot: Within 1/2 Mile to Water
  • Lot Size: 1.10 Acres

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Jinks Middle School, Public District Grades 6-8
  • Merriam Cherry Street Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Heading east on Hwy 98, turn right onto Frankford Avenue, road becomes Beach Drive. Follow Beach Drive until road becomes Cherry Street. Turn right onto Bunkers Cove Road. Follow road until 724 Bunkers Cove Road is on the right. Lot is located across from community park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $987,000
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

724 Bunkers Cove Rd vs Panama City

255 DAYS ON ROCKET

+173 Days

$987,000

+$639.8K More

KEY TAKEAWAY

This property is $639.8K more than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #930378

Listing Office:

  • Office Name: Corcoran Reverie SRB
  • Office Email: hilary.ff@corcorangroup.com
  • Listing Agent: Carly K Sostheim

IDX 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:20:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,994

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,026

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4098216
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.91 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4098217
4
/10

  • Jinks Middle School

  • 600 W 11th St

  • 2.97 miles

  • Public District Grades 6-8

High School

school-card-donut-4098218
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 2.69 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,385. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 724 Bunkers Cove Rd

What is the listing price of this property?

The listing price of 724 Bunkers Cove Rd property is $987,000.

What type of property is this?

The property 724 Bunkers Cove Rd is land located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 724 Bunkers Cove Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 724 Bunkers Cove Rd are:
Merriam Cherry Street Elementary School: GreatSchools Rating 1/10
Jinks Middle School: GreatSchools Rating 4/10
Bay High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 724 Bunkers Cove Rd is 1.10 acres.
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Rocket Homes›Florida›Bay County›Panama City›32401›724 Bunkers Cove Rd

This home is located at 724 Bunkers Cove Rd in Panama City, FL and zip code 32401 in the Cove Park neighborhood. This home sits on a 1.10 acre lot. It has been listed on Rocket Homes since August 19, 2023 and is currently priced at $987,000.

Over 13 listings were sold over their listed price in March 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 63 listings were sold for the listed price. The inventory of homes for sale in Panama City, FL between February 2024 and March 2024 increased by 3.2%. In March 2024 median list price was $347,126 and the average listing age was 82 days.

From Rocket Homes Real Estate and based on county public records data.

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