For sale

$279,000

111 N Marie Dr, Panama City, FL 32401

3beds

1,056sqft

$1,774/mo

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Single Family Residence

Built in 1949

0.25 Acres Lot

$270,200 Zestimate^®

$264/sqft

$-- HOA

What's special

Back-alley accessLarge lotSpacious yardGenerous garageAmple storage and workspaceInviting brick cottageHardwood floors

Welcome to this inviting brick cottage nestled in the highly desirable Cove community, where timeless Florida charm meets an unbeatable location. This home feels warm, welcoming and full of character with its hardwood floors. On a large lot, the spacious yard provides plenty of room for gardening, entertaining, or soaking up the Florida sun. A generous garage offers ample storage and workspace, making it perfect for hobbies, vehicles, or outdoor equipment, plus with back-alley access, its ideal for storing your boat. Conveniently located less than a quarter mile from Historic Downtown Panama City, you'll enjoy easy access to local dining, shopping, waterfront attractions, and community events. Whether you're looking for a primary residence, weekend retreat, or investment opportunity, this charming Cove cottage is a rare find in one of Panama City's most sought-after neighborhoods.

62 days

386

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Bedroom, Garage, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Level: First
Dimensions: 13 x 9

Bedroom

Level: First
Dimensions: 12 x 10

Bedroom

Level: First
Dimensions: 11 x 9

Garage

Level: First
Dimensions: 14 x 20

Kitchen

Level: First
Dimensions: 16 x 9

Living room

Level: First
Dimensions: 16 x 12

Heating

Central

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Gas Range

Features

Main Level Primary, Tub Shower

Interior area

Total structure area: 1,056
Total interior livable area: 1,056 sqft

Property

Parking

Total spaces: 1
Parking features: Alley Access
Garage spaces: 1

Features

Patio & porch: Covered, Patio
Exterior features: Patio
Fencing: Partial

Lot

Size: 0.25 Acres
Dimensions: 77 x 140

Details

Parcel number: 21810000000
Zoning description: Resid Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Florida
Property subtype: Single Family Residence

Materials

Brick, Wood Frame

Condition

New construction: No
Year built: 1949

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Features: Short Term Rental Allowed
Subdivision: Cove Terrace

HOA

Has HOA: No

Location

Region: Panama City

Financial & listing details

Price per square foot: $264/sqft
Tax assessed value: $212,578
Annual tax amount: $3,578
Date on market: 6/23/2026
Cumulative days on market: 19 days

Estimated market value

$270,200

$257,000 - $284,000

$1,799/mo

Price history

Date	Event	Price
6/23/2026	Listed for sale	$279,000$264/sqft
Source: CPAR #791192 Report a problem
6/13/2026	Pending sale	$279,000$264/sqft
Source: CPAR #791192 Report a problem
6/11/2026	Listed for sale	$279,000$264/sqft
Source: CPAR #791192 Report a problem
1/1/2026	Listing removed	$279,000$264/sqft
Source: CPAR #772582 Report a problem
8/26/2025	Price change	$279,000-3.5%$264/sqft
Source: CPAR #772582 Report a problem
5/18/2025	Price change	$289,000-3.3%$274/sqft
Source: CPAR #772582 Report a problem
4/27/2025	Listed for sale	$299,000-0.3%$283/sqft
Source: CPAR #772582 Report a problem
7/9/2022	Listing removed	--
Source: CPAR #724851 Report a problem
4/8/2022	Listed for sale	$299,888+52.2%$284/sqft
Source: CPAR #724851 Report a problem
7/2/2021	Sold	$197,000+82.4%$187/sqft
Source: CPAR #712128 Report a problem
2/10/2015	Sold	$108,000-2.6%$102/sqft
Source: Public Record Report a problem
12/11/2014	Listed for sale	$110,880+13.7%$105/sqft
Source: Keller Williams Success Realty #626724 Report a problem
3/4/2004	Sold	$97,500$92/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,581 +5.6%	$205,798 +10%
2023	$3,390 +17.6%	$187,089 +9.1%
2022	$2,883	$171,410
2021	--	--
2020	$1,134 +32.8%	$94,605 +1%
2019	$854	$93,628 -3.9%
2018	$854 -1.9%	$97,386 +0.2%
2017	$871 +0.6%	$97,165 +0.2%
2016	$865 +19.1%	$96,942 +1.9%
2015	$727	$95,136 +0.2%
2014	$727	$94,990 -0.6%
2013	--	$95,523
2012	--	$95,523 +0.7%
2011	--	$94,823 +1.5%
2010	--	$93,422 +2.7%
2009	--	$90,966 +0.1%
2008	--	$90,875 +3%
2007	--	$88,225 +2.5%
2006	--	$86,073 +3%
2005	--	$83,566 +27.2%
2004	--	$65,711 +1.9%
2003	--	$64,486 +2.4%
2002	--	$62,975 +1.4%
2001	--	$62,100 +3%
2000	--	$60,291