703 Bunkers Cove Rd Panama City, FL 32401
3
Beds
2
Baths
1,914
Sq Ft
0.29
Acres
Highlights
- Vaulted Ceiling
- Mud Room
- Home Office
- Traditional Architecture
- No HOA
- Covered patio or porch
About This Home
As of June 2025CURRENTLY UNDER CONTRACT. SELLER ACCEPTING BACK UP OFFERS. Where modern design meets classic charm, this completely renovated home in the highly sought-after neighborhood of The Cove with NO HOA in Panama City, FL is a stunner! This 1,914 square foot residence has been remastered and was taken down to the studs and fully renovated.Nestled on one of the most desirable streets in Panama City, this home sits on a generous .3-acre homesite, and is adorned with mature oak trees and lush landscaping, creating a serene canvas for years to come. The expansive backyard with a privacy fence provides ample space for a dream pool, summer kitchen, pole barn, or detached garage, with convenient alley access and a large gate for easy parking of a boat or trailer. The home includes a large building with alley access and can be used for storage, a home gym and so much more!The home is ideally situated across from the water and just around the corner from a public boat ramp, neighborhood parks, and playgrounds. New sidewalks enhance the neighborhood's walkability, and The Cove's location offers a short golf cart drive to downtown Panama City, where boutique shopping, restaurants, and breweries await.Upon entering, you are greeted by a great room with rare, soaring vaulted ceilings, allowing natural light to flood the space through new energy-efficient windows. The living room features a charming brick fireplace, creating a cozy focal point. The dining room is across from the kitchen creating the perfect great room setup for family gatherings! The spacious kitchen offers a large island, upgraded appliances, quartz countertops, and open shelving adorned with tile extending to the ceiling. Adjacent to the kitchen is a breakfast area with access to a pavered open patio, perfect for outdoor dining and entertaining!This home includes three bedrooms and two bathrooms. The modern, eclectic primary suite offers a spacious bedroom, built-in, designer lighting and a large walk-in closet. The stylish bath gives fun vibes with this unique, stunning tile on the walk-in shower and floor with a charming green vanity and contemporary lighting. The guest bath, accessible from the hallway, features a tiled shower/tub combo with elegant herringbone tile in modern, coastal design and colors!A unique feature of this home is the inclusion of a mudroom and home office, providing functional space for everyday living and additional square footage that is highly desired in the Cove neighborhood. You'll love having an area for backpacks, shoes and storage when you park in the covered carport attached to the home. The home office offers a retreat for those who like to work from home and desire privacy. This home combines a prime location with thoughtful, modern renovations and abundant outdoor potential. Don't miss your opportunity to live in the Cove today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,562
Year Built
- Built in 1949
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 150x85
- Fenced
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1,914 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Recessed Lighting
- Fireplace
- Mud Room
- Living Room
- Dining Room
- Home Office
Kitchen
- Breakfast Bar
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Carport
- Driveway
Outdoor Features
- Covered patio or porch
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Gas Water Heater
Community Details
- No Home Owners Association
- Sudduths 10Th Add Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2025
Closed on
Jun 25, 2025
Sold by
Mcguire Chad Michael
Bought by
Cline Anne Blair and Norton Britney Anne
Seller's Agent
Carly Sostheim
Corcoran Reverie
Buyer's Agent
E. Lisa Nichols
EXP Realty LLC
List Price
$485,000
Sold Price
$455,000
Premium/Discount to List
-$30,000
-6.19%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.50%
Original Mortgage
$364,000
Outstanding Balance
$363,690
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$105,749
Purchase Details
Closed on
Apr 19, 2021
Sold by
Haligas Frances F and Haligas Francis F
Bought by
Mcguire Chad Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2020
Sold by
Miller Maxwell Reynolds and Miller Maxwell Reynolds
Bought by
Haligas Francis F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
2.9%
Mortgage Type
Balloon
Similar Homes in Panama City, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $455,000 | Burg Title | |
| Warranty Deed | $349,000 | Florida Coastal Closing & Es | |
| Warranty Deed | $130,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $364,000 | New Conventional | |
| Previous Owner | $79,000 | Credit Line Revolving | |
| Previous Owner | $279,200 | New Conventional | |
| Previous Owner | $271,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Sold | $455,000 | -6.2% | $238 / Sq Ft |
| 05/16/2025 05/16/25 | For Sale | $485,000 | -- | $253 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
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 | $5,562 | $343,550 | -- | -- |
| 2023 | $5,562 | $312,318 | $53,805 | $258,513 |
| 2022 | $3,695 | $266,447 | $0 | $0 |
| 2021 | $1,986 | $111,970 | $46,240 | $65,730 |
| 2020 | $934 | $83,489 | $45,475 | $38,014 |
| 2019 | $671 | $82,329 | $43,775 | $38,554 |
| 2018 | $894 | $98,917 | $0 | $0 |
| 2017 | $887 | $98,607 | $0 | $0 |
| 2016 | $881 | $96,875 | $0 | $0 |
| 2015 | $901 | $96,202 | $0 | $0 |
| 2014 | $891 | $95,977 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2025
Carly Sostheim
Corcoran Reverie
-
E
Buyer's Agent in 2025
E. Lisa Nichols
EXP Realty LLC
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 773616
APN: 21612-000-000
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.
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