4113 Cobalt Cir Unit PO75 Panama City, FL 32408
Upper Grand Lagoon Neighborhood
4
Beds
4.5
Baths
3,983
Sq Ft
$1,833/mo
HOA Fee
Highlights
- Property Fronts a Bay or Harbor
- Community Boat Launch
- In Ground Pool
- Patronis Elementary School Rated A-
- Fitness Center
- Fishing
About This Home
As of July 2025Experience the pinnacle of waterfront luxury in this extraordinary penthouse condo, boasting nearly 4,000 square feet of elevated living space with breathtaking panoramic views of St. Andrews Bay. Tucked within the exclusive gated enclave of Waterhaven on the east end of Panama City Beach, this residence redefines coastal elegance with a private 15x35' boat slip equipped with water, electric, and a 10,000 lb lift—perfect for the avid boater seeking seamless access to the Gulf. Thoughtfully designed for refined entertaining, the open floor plan features a chef's dream kitchen complete with a Sub-Zero refrigerator, professional-grade Viking six-burner gas stove with double oven, prep kitchen, serving bar, and an expansive granite island—all flowing effortlessly into the dining and living spaces with rich hardwood floors and uninterrupted bayfront views. From sunrise coffees on your private master balcony to sunset soirees on the spacious wraparound decks, every moment here is curated for luxury and leisure. The grand foyer impresses with a winding staircase and elevator, leading to a bonus en suite ideal for multi-generational living or a private guest retreat. Soaring ceilings, custom crown molding, tongue-and-groove accents, Hardy board details, and new skylights bathe the interior in natural light. Recent high-end upgrades include oak floors, paint, ceilings, a tankless water heater, and three new HVAC systems (2020). Residents enjoy access to resort-style amenities: a bayfront pool, outdoor kitchen, clubhouse with theater, fitness center, event space, and an extended dock perfect for fishing or relaxing. This is a rare opportunity to own a true hidden gem in one of Panama City Beach's most treasured communities, offering the lifestyle you deserve, with the views to match.
Last Agent to Sell the Property
Beachy Beach Real Estate Brokerage Phone: 8502334351 License #3573295 Listed on: 05/06/2025
Last Buyer's Agent
Beachy Beach Real Estate Brokerage Phone: 8502334351 License #3573295 Listed on: 05/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,414
Year Built
- Built in 2007
HOA Fees
- $1,833 Monthly HOA Fees
Home Design
- Slab Foundation
- Metal Roof
Interior Spaces
- 3,983 Sq Ft Home
- Wet Bar
- Furniture Can Be Negotiated
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Living Room
- Dining Room
- Bay Views
- Washer and Dryer Hookup
Kitchen
- Electric Oven
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Community Sewer or Septic
Additional Features
- In Ground Pool
- Property Fronts a Bay or Harbor
Listing and Financial Details
- Assessor Parcel Number 40000050053
Community Details
Overview
- Association fees include recreational facilities
- Waterhaven Subdivision
Recreation
- Community Boat Launch
- Fitness Center
- Community Pool
- Fishing
Additional Features
- Community Barbecue Grill
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2020
Closed on
Dec 4, 2020
Sold by
Kingsley Nan
Bought by
Fulcher Cheryl and Fulcher Larry
Seller's Agent
Ricky Lee Jones
The Premier Property Group
Buyer's Agent
Melissia Pennington
Coldwell Banker Realty
List Price
$749,000
Sold Price
$675,000
Premium/Discount to List
-$74,000
-9.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%
Original Mortgage
$540,000
Outstanding Balance
$485,973
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$865,079
Purchase Details
Listed on
Jul 23, 2012
Closed on
Aug 17, 2012
Sold by
Hw St Andrews Condo Llc
Bought by
Kingsley Robert G and Kingsley Nan
Seller's Agent
Rita Hansen
Counts Real Estate Group Inc
Buyer's Agent
Sandy Webb
Sea Shells Real Estate LLC
List Price
$599,900
Sold Price
$569,000
Premium/Discount to List
-$30,900
-5.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Similar Homes in Panama City, FL
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $675,000 | Provident Title | |
| Warranty Deed | $569,000 | Mti Title Ins Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Open | $540,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Sold | $1,100,000 | -21.1% | $276 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $1,395,000 | +145.2% | $350 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $569,000 | -- | -- |
| 06/20/2022 06/20/22 | Off Market | $675,000 | -- | -- |
| 12/04/2020 12/04/20 | Sold | $675,000 | -9.9% | $176 / Sq Ft |
| 09/10/2020 09/10/20 | For Sale | $749,000 | +31.6% | $196 / Sq Ft |
| 08/20/2012 08/20/12 | Sold | $569,000 | -5.2% | $149 / Sq Ft |
| 07/23/2012 07/23/12 | Pending | -- | -- | -- |
| 07/23/2012 07/23/12 | For Sale | $599,900 | -- | $157 / Sq Ft |
Source: Forgotten Coast REALTOR® Association
Tax History Compared to Growth
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 | $4,414 | $400,541 | -- | -- |
| 2023 | $4,414 | $388,875 | $0 | $388,875 |
| 2022 | $4,097 | $388,875 | $0 | $388,875 |
| 2021 | $3,633 | $299,625 | $0 | $299,625 |
| 2020 | $3,685 | $299,625 | $0 | $299,625 |
| 2019 | $3,590 | $288,128 | $0 | $288,128 |
| 2018 | $3,589 | $280,719 | $0 | $0 |
| 2017 | $3,256 | $255,199 | $0 | $0 |
| 2016 | $3,422 | $263,432 | $0 | $0 |
| 2015 | $3,560 | $266,724 | $0 | $0 |
| 2014 | $3,501 | $262,608 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Smith
Seller's Agent in 2025
Karen Smith
Beachy Beach Real Estate
(850) 233-4351
17 in this area
257 Total Sales
-
Ricky Lee Jones
Seller's Agent in 2020
Ricky Lee Jones
The Premier Property Group
(850) 290-2901
9 in this area
111 Total Sales
-
Karen Jones
Seller Co-Listing Agent in 2020
Karen Jones
The Premier Property Group
(850) 290-2908
9 in this area
190 Total Sales
-
M
Buyer's Agent in 2020
Melissia Pennington
Coldwell Banker Realty
-
M
Buyer's Agent in 2020
Melissia Pennington, LLC
World Impact Real Estate
-
Rita Hansen
Seller's Agent in 2012
Rita Hansen
Counts Real Estate Group Inc
(850) 832-3303
12 in this area
70 Total Sales
Map
Source: Forgotten Coast REALTOR® Association
MLS Number: 321883
APN: 40000-050-053
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.
Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
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