A rating for the building relative to other buildings of the same type throughout the country.Learn more
50Units
7Stories
1970Year Built
$248K - $992KValue Range
Available Units
For Sale
For Rent
No Units Available
Highlights
Boat Dock
Intracoastal View
Building Security
In Ground Pool
Fishing
Waterfront
A waterfront retreat in the heart of Panama City
The Cove, constructed in 1970, stands as a prominent 7-story condominium complex overlooking St. Andrews Bay in Panama City, Florida. This mid-rise building houses 50 units, offering residents a blend of urban convenience and coastal living. The structure's straightforward design features symmetrical facades with balconies on each floor, maximizing the panoramic views of the bay and surrounding area. Situated at the corner of Cherry Street and Beach Drive, The Cove provides easy access to the newly revitalized downtown area while maintaining a serene waterfront setting.
Spacious layouts with stunning bay views
The Cove offers a variety of floor plans ranging from cozy one-bedroom units to expansive three-bedroom residences. One-bedroom layouts span 1,090 to 1,091 square feet, featuring one bathroom and selling from $294,900 to $325,000. These units often include updated kitchens with granite countertops and stainless steel appliances, as well as spacious balconies perfect for enjoying the waterfront views.
Two-bedroom units vary from 1,105 to 1,800 square feet, with one to two bathrooms, and are priced between $358,000 and $387,508. Many of these residences boast open floor plans, with the living area, dining room, and kitchen all showcasing spectacular bay views. Some units feature wood-burning fireplaces, adding a cozy touch to the living space.
The largest offerings are the three-bedroom units, ranging from 1,550 to 2,410 square feet with two to three bathrooms. These premium residences, priced around $430,000, often come with wrap-around balconies, providing panoramic views from multiple rooms. Master suites in these units typically include walk-in closets and en-suite bathrooms with walk-in showers.
Throughout The Cove, residents can expect features such as floor-to-ceiling windows, ample storage space, and in many cases, recent renovations including new flooring, paint, and updated fixtures. Some units boast cathedral ceilings, adding to the sense of spaciousness. Stackable washers and dryers are included in most units for added convenience.
Monthly HOA fees range from $700 to $800, covering services such as legal/accounting, sewer, trash, and water. This fee structure helps maintain the building's amenities and ensures a comfortable living experience for all residents.
Waterfront amenities for an active lifestyle
The Cove offers an array of amenities designed to enhance the coastal living experience. The centerpiece is a large outdoor pool, perfect for cooling off on warm Florida days. Adjacent to the pool, residents can enjoy a covered pavilion and a newly renovated clubhouse complete with a kitchen and bathrooms, ideal for community gatherings and private events.
For water enthusiasts, the complex features a fishing and boat mooring dock with a fish cleaning station. The dock is equipped with power and water hookups, allowing residents to easily enjoy recreational boating and fishing. A unique offering is the on-site hot tub, providing a relaxing spot to unwind while taking in the bay views.
Fitness-minded residents will appreciate the on-site fitness center, while those who prefer outdoor activities can make use of the dedicated dog walking area and secured back yards. The complex also offers practical amenities such as a car washing station and overflow guest parking for added convenience.
The Cove prioritizes security and convenience with features like secure building access, a lobby with a sitting area, and elevator access to all floors. Each unit comes with a reserved parking space, and many include additional storage rooms located near the stairs or at the end of breezeways.
For those who enjoy outdoor entertaining, the complex provides an outdoor patio area equipped with grills and tables. The combination of these amenities creates a resort-like atmosphere, allowing residents to fully embrace the Florida lifestyle without leaving the comfort of their home.
A revitalized downtown at your doorstep
The Cove is ideally situated in a vibrant area of Panama City, offering residents easy access to a mix of urban amenities and natural attractions. The condominium's location at the corner of Cherry Street and Beach Drive places it just steps away from the newly renovated and revitalized Downtown Panama City, where residents can immerse themselves in the local culture and entertainment scene.
One of the neighborhood's highlights is McKenzie Park, a charming public space featuring paved walkways, a fountain, and mature oak trees. It's an ideal spot for a leisurely stroll or a peaceful afternoon, located less than a mile from The Cove. For those seeking more recreational options, the Bay County Parks & Recreation Division offers additional outdoor spaces and activities within a mile of the complex.
The area boasts a diverse culinary scene. Mosey's Downtown, a hopping pub known for its housemade pizza, craft beers, and regular live music, is about a mile away. For those craving Mexican cuisine, Maddie's La Casita offers familiar favorites like tamales, fajitas, and chimichangas, also within a mile's distance.
Art enthusiasts will appreciate the proximity to the Panama City Center for the Arts, which showcases local and regional talent. The nearby Tarpon Dock seafood market is perfect for residents looking to prepare fresh, local seafood at home.
For everyday needs, the Cove Shopping Center provides convenient access to various retail outlets. The neighborhood's mix of historic charm and modern development creates a unique atmosphere that appeals to a wide range of residents, from young professionals to retirees.
Education options in the area include Bay High School and Jinks Middle School, both about a 5-minute drive from The Cove. For younger children, Merriam Cherry Street Elementary School is less than a mile away.
The combination of waterfront living, urban conveniences, and a strong sense of community make The Cove's neighborhood an attractive destination for those seeking a balance between city life and coastal relaxation.
Convenient access to local and regional transportation
While The Cove's location primarily caters to those with personal vehicles, the area does offer some public transportation options. The nearest bus stop, Government St. & Marina Civic Center, is about a 15-minute walk from the complex. This stop services the Panama City Mall & Panama City Marina line, providing access to key areas of the city.
For those needing to travel further afield, Northwest Florida Beaches International Airport is approximately 24 miles away, or about a 40-minute drive. This proximity allows for relatively easy access to regional and national flights.
The area's layout and infrastructure are more conducive to car travel, with most daily necessities and attractions within a short drive. Many residents find that having a personal vehicle is the most convenient way to navigate the area, especially for reaching nearby beaches or exploring the wider Bay County region.
While biking is possible in some areas, the neighborhood's infrastructure is not extensively developed for cyclists. However, short trips to nearby attractions like McKenzie Park or local restaurants can be manageable on foot or by bike for those who prefer alternative modes of transportation.
The Cove's location near downtown Panama City means that many amenities, dining options, and entertainment venues are within a reasonable driving distance, typically less than 10 minutes away. This central position allows residents to enjoy the benefits of urban living while still maintaining the relaxed atmosphere of a coastal community.
For those who work in downtown Panama City or frequent the area, The Cove's location minimizes commute times and enhances overall accessibility. The balance of waterfront living with proximity to urban amenities makes The Cove an attractive option for those seeking convenience without sacrificing the appeal of a coastal lifestyle.
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Quantarium
Current List Price
Sold Price
Area Factors
Somewhat Bikeable
Bike Score®
34/ 100
Car-Dependent
Walk Score®
32/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
McKenzie Park
14 min walk
Bay Co Parks & Recreation Division
2 min drive
Asbell Park
3 min drive
Panama City Garden Club Walking Park
4 min drive
Al Helms Dog Park
5 min drive
Tommy Oliver Stadium
6 min drive
Millville Waterfront Park
6 min drive
Oakland Terrace Park
7 min drive
Panama City Mall Playground
8 min drive
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
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