306 Bunkers Cove Rd Panama City, FL 32401
Estimated payment $5,792/month
Total Views
545
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Bed
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Bath
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Sq Ft
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Price per Sq Ft
About This Home
A once-in-a-lifetime waterfront opportunity awaits in the highly coveted Cove neighborhood of Panama City! This 0.8 acre double-lot with 70 ft of deep access waterfront adjacent to the St. Andrew's Bay Yacht Club offers the perfect canvas to build your dream home or make a savvy investment with no HOA restrictions. Enjoy unparalleled panoramic southwesterly views across St. Andrew's Bay, with direct access to the pass and the Gulf of Mexico. A federal preserve in the distance across the bay gives you an uncluttered view of nature. Step right from your backyard into a lifestyle filled with fishing, boating, kayaking, and soaking in the purest of sunset bay views. The Cove is known for its quaint charm, golf-cart friendly streets, and year-round community activities. Just minutes from downtown Panama City, you'll find a vibrant mix of medical facilities, professional offices, boutique shopping, fine dining, and cultural events. Waterfront parcels in The Cove rarely become available—especially ones of this size and location. Don't miss your chance to create your coastal masterpiece in one of the most desirable neighborhoods on Florida's Gulf Coast. The lots are build-ready. Lot 304 is smaller and has utility connections nearer the street. Lot 306 is larger and has its connection nearer the center of the lot.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,865
Lot Details
- 0.81 Acre Lot
- Lot Dimensions are 70x150
- Property fronts gulf or ocean
- Sloped Lot
- Cleared Lot
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Community Details
- No Home Owners Association
- Cove Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $7,611 | $418,288 | -- | -- |
| 2023 | $7,611 | $626,461 | $626,461 | $0 |
| 2022 | $5,381 | $345,693 | $345,693 | $0 |
| 2021 | $5,234 | $326,741 | $326,741 | $0 |
| 2020 | $5,283 | $325,224 | $325,224 | $0 |
| 2019 | $5,257 | $325,224 | $325,224 | $0 |
| 2018 | $5,725 | $378,110 | $0 | $0 |
| 2017 | $6,854 | $457,348 | $0 | $0 |
| 2016 | $3,345 | $257,562 | $0 | $0 |
| 2015 | $3,417 | $255,772 | $0 | $0 |
| 2014 | $3,358 | $253,742 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $950,000 | -- | -- |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Attorney |
Source: Public Records
Similar Homes in Panama City, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 778321
APN: 20896-000-000
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