CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Updated, move in ready, and located in the pinnacle of Panama City, The Cove, this 4 bedroom, 2 bathroom home delivers the lifestyle today's buyers are chasing. Set on a spacious lot with irrigation and freshly sodded landscaping, the home has been fully updated with new electrical and plumbing, tile in the bathrooms, and new fixtures throughout.
The kitchen features brand new white cabinetry, stone countertops, stainless steel appliances, and a refrigerator with water filtration and icemaker. Both the kitchen and bathrooms have been completely remodeled with a clean, modern finish.
Enjoy golf cart friendly living with easy access throughout The Cove and into Downtown Panama City, including the marina, public boat ramp, waterfront dining, and year round local events. This prime location offers the perfect blend of neighborhood charm and coastal convenience.
Special buyer financing options may be available for qualified purchasers, including programs with down payment assistance. Contact your agent today for additional details and to schedule a private showing.
Sold for $334,000
$334,000
1409 Cherry St, Panama City, FL 32401
4beds
1,576sqft
Single Family Residence
Built in 1949
10,018 Square Feet Lot
$333,200 Zestimate®
$212/sqft
$2,233 Estimated rent
Home value
$333,200
$307,000 - $363,000
$2,233/mo
Zestimate® history
Owner options
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$2,183/mo
Est. payment
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Stone countertopsStainless steel appliancesBrand new white cabinetry
Zillow last checked:
Listing updated:
Listed by:
Paul D Gibney 850-775-7766,
Corcoran Reverie,
Andrei Curuci 850-240-1730,
Corcoran Reverie
Bought with:
Paul D Gibney, SL3315203
Corcoran Reverie
Source: CPAR,MLS#: 784491
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 11.4 x 14.9
Bedroom
- Level: First
- Dimensions: 12.5 x 11.5
Bedroom
- Level: First
- Dimensions: 9.3 x 12.6
Bedroom
- Level: First
- Dimensions: 7.6 x 11.5
Primary bathroom
- Level: First
- Dimensions: 11.4 x 7.11
Dining room
- Level: First
- Dimensions: 147 x 11
Other
- Level: First
- Dimensions: 6.9 x 4.1
Kitchen
- Level: First
- Dimensions: 18.6 x 9.5
Laundry
- Level: First
- Dimensions: 7.11 x 4.11
Living room
- Level: First
- Dimensions: 21.5 x 15.9
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Windows: Double Pane Windows
Interior area
- Total structure area: 1,576
- Total interior livable area: 1,576 sqft
Property
Parking
- Total spaces: 1
- Parking features: RV Access/Parking
- Covered spaces: 1
Features
- Patio & porch: Deck, Covered, Porch
- Exterior features: Deck
- Fencing: Fenced
Lot
- Size: 10,018 Square Feet
- Dimensions: 137 x 75
- Features: Paved
Details
- Additional structures: Outbuilding
- Parcel number: 21794000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Natural Gas Available
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: $212/sqft
- Tax assessed value: $147,056
- Annual tax amount: $2,717
- Date on market: 2/1/2026
- Cumulative days on market: 53 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Sold | $334,000-1.5%$212/sqft |
Source:  CPAR #784491 Report a problem | ||
| 3/26/2026 | Pending sale | $339,000$215/sqft |
Source: CPAR #784491 Report a problem | ||
| 3/2/2026 | Price change | $339,000-3.1%$215/sqft |
Source: CPAR #784491 Report a problem | ||
| 2/1/2026 | Listed for sale | $350,000+326.8%$222/sqft |
Source: CPAR #784491 Report a problem | ||
| 6/11/2025 | Sold | $82,000-5.2%$52/sqft |
Source: Public Record Report a problem | ||
| 6/18/2003 | Sold | $86,500$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,563 +7.5% | $141,698 +10% |
| 2023 | $2,383 +14.3% | $128,816 +10% |
| 2022 | $2,085 | $117,105 |
| 2021 | -- | -- |
| 2020 | $1,979 +15.7% | $106,735 +0.9% |
| 2019 | $1,710 | $105,822 -0.2% |
| 2018 | $1,710 +6.6% | $105,990 +0.2% |
| 2017 | $1,605 +1.2% | $105,797 +0.2% |
| 2016 | $1,586 -2.6% | $105,604 +2.3% |
| 2015 | $1,628 | $103,259 +0.1% |
| 2014 | $1,628 | $103,139 -0.5% |
| 2013 | -- | $103,666 |
| 2012 | -- | $103,666 -1.2% |
| 2011 | -- | $104,931 -6.8% |
| 2010 | -- | $112,633 -9.3% |
| 2009 | -- | $124,152 -9.6% |
| 2008 | -- | $137,403 -11.5% |
| 2007 | -- | $155,263 +76.3% |
| 2006 | -- | $88,068 +3% |
| 2005 | -- | $85,503 +3% |
| 2004 | -- | $83,013 +54.6% |
| 2003 | -- | $53,709 +6.3% |
| 2002 | -- | $50,519 |
| 2001 | -- | $50,519 +15.9% |
| 2000 | -- | $43,587 |
Find assessor info on the county website
Neighborhood: 32401
Nearby homes
- $243,5003 bd1 ba1.3k sqft1407 Cherry St, Panama City, FL 32401Off Market
- $248,2003 bd1 ba1.2k sqft105 N Gayle Ave, Panama City, FL 32401Off Market
- $280,0003 bd2 ba1.3k sqft1501 Cherry St, Panama City, FL 32401Sold
- $229,3004 bd2 ba1.2k sqft107 N Gayle Ave, Panama City, FL 32401Off Market
- $271,1004 bd3 ba1.8k sqft104 N Gayle Ave, Panama City, FL 32401Off Market
- $330,0003 bd2 ba1.1k sqft1503 Cherry St, Panama City, FL 32401Sold
- $298,0003 bd2 ba1.4k sqft1406 Cherry St, Panama City, FL 32401Off Market
- $383,0004 bd4 ba2.1k sqft102 N Cove Terrace Dr, Panama City, FL 32401Off Market
Nearby schools
GreatSchools rating
- 5/10Merriam Cherry Street Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Cherry Street
- Middle: Jinks
- High: Bay
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Bay County
- Panama City
- 32401
- 1409 Cherry St
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