NOT LISTED FOR SALE

The Cove 100 Cherry St Unit 702 Panama City, FL 32401

South Panama City Neighborhood

Estimated Value: $298,000 - $320,390

2 Beds
2 Baths
1,250 Sq Ft
1975 Built

Sale Details

Date Sold: December 10, 2025

Last sale price $300,000 $240 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,056 / mo

247 Days on Market

Highlights

  • Community Boat Dock
  • Intracoastal View
  • In Ground Pool
  • Access To Intracoastal Waterway
  • Building Security
  • Waterfront

About This Home

As of December 2025

Experience coastal living perfectly situated along the shimmering waters of St Andrews Bay in the heart of Panama City. This waterfront condo offers breathtaking views of the bay, best enjoyed from the expansive and inviting balcony, also a perfect spot to watch the dazzling Fourth of July fireworks or the enchanting annual Christmas boat parade. Inside you'll find a layout featuring 2 bedrooms, each with its own bathroom. The kitchen comes fully equipped with appliances included. Just a short stroll away, you'll find the charm of historic downtown Panama City where restaurants, boutique shopping, a farmers market, coffee shops, and more await.

Last Agent to Sell the Property

Yvette Colona

Coldwell Banker Realty License #SL3405102 Listed on: 02/13/2025

Coldwell Banker Realty

Last Buyer's Agent

Yvette Colona

Coldwell Banker Realty License #SL3405102 Listed on: 02/13/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,135

Year Built

  • Built in 1975

Property Views

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Additional Parking
  • Parking Lot

Outdoor Features

  • Access To Intracoastal Waterway
  • Balcony

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Additional Features

  • Central Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • Cove Condominium Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Boat Dock

Security

  • Building Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,135

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Subdivision Name: Cove Condominium
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Kitchen, Living Room

Exterior Features

  • Pool Features: In Ground, Community
  • View: Bay, Intercoastal
  • View: Yes
  • Waterfront Features: Bayfront, Intracoastal Access
  • Waterfront: Yes
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Additional Parking, Parking Lot
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Security Features: Building Security
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Dock, Pool, Community Pool
  • Amenities: Dock, Barbecue
  • Association: Yes

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 5135.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Dec 8, 2025
Sold by
Elke M Mccoy Trust and Mccoy Elke M
Bought by
Price Justin L
Seller's Agent
Yvette Colona
Coldwell Banker Realty
Buyer's Agent
Yvette Colona
Coldwell Banker Realty
List Price
$380,000
Sold Price
$300,000
Premium/Discount to List
-$80,000
-21.05%
Views
3894
Current Estimated Value
$305,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,848
Avg. Annual Appreciation
5.51%
Original Mortgage
$200,000
Outstanding Balance
$199,617
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$106,231

Purchase Details

Closed on
Jun 19, 2023
Sold by
Ware Living Trust
Bought by
Elke M Mccoy Trust

Purchase Details

Closed on
Mar 15, 2019
Sold by
Larson George M and Larson Dorothy
Bought by
Ware Charles E and Ware Adelaide

Purchase Details

Closed on
Jan 25, 2019
Sold by
Larson George M and Larson Dorothy
Bought by
The Ware Living Trust

Purchase Details

Closed on
Nov 6, 2007
Sold by
Hall Gary L
Bought by
Larson George M and Larson Dorothy

Purchase Details

Closed on
Oct 10, 2005
Sold by
Mills John D and Seo Deuk Nam
Bought by
Hall Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2001
Sold by
Sherman John Henry
Bought by
Mills John D and Seo Deuk Nam
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Price Justin L $300,000 Sunbelt Title
Elke M Mccoy Trust $373,500 Diamond Title
Ware Charles E -- Cornerstone Title Agency Inc
The Ware Living Trust $242,300 Cornerstone Title Agency Inc
Larson George M $257,000 Diamond Title Agency Inc
Hall Gary L $317,000 Diamond Title Agency Inc
Mills John D $215,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Justin L $200,000
Previous Owner Hall Gary L $253,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2025 12/10/25 Sold $300,000 -2.9% $240 / Sq Ft
10/18/2025 10/18/25 Pending -- -- --
07/10/2025 07/10/25 Price Changed $309,000 -8.8% $247 / Sq Ft
04/09/2025 04/09/25 Price Changed $339,000 -4.0% $271 / Sq Ft
03/10/2025 03/10/25 Price Changed $353,000 -7.1% $282 / Sq Ft
01/24/2025 01/24/25 For Sale $380,000 -- $304 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,350 $290,663 -- $290,663
2024 $4,279 $320,238 -- $320,238
2023 $4,279 $213,180 $0 $280,458
2022 $3,435 $193,800 $0 $193,800
2021 $3,499 $193,800 $0 $193,800
2020 $3,451 $193,800 $0 $193,800
2019 $1,559 $137,275 $0 $137,275
2018 $0 $165,750 $0 $0
2017 $0 $156,825 $0 $0
2016 -- $150,137 $0 $0
2015 -- $136,488 $0 $0
2014 -- $124,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yvette Colona

    Seller's Agent in 2025

    Yvette Colona

    Coldwell Banker Realty

    (850) 832-6893

    1 in this area

    29 Total Sales

    Yvette Colona
    Section Image
See All Agents

About The Cove

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 767696

Central Panhandle Association of REALTORS®

APN: 25678-702-000

Florida Bay County Panama City 32401 South Panama City

100 Cherry St Unit 702, Panama City, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.