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Sold for $1,100,000
  • $1,100,000

    4113 Cobalt Cir #Po75, Panama City Beach, FL 32408

    4beds
    3,983sqft
    Single Family Residence
    Built in 2007
    -- sqft lot
    $599,800 Zestimate®
    $276/sqft
    $4,596 Estimated rent

    Home value

    $599,800

    $570,000 - $630,000

    $4,596/mo

    Zestimate® history
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    What's special

    Experience 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Smith 850-527-5651,

    Beachy Beach Real Estate

    Bought with:

    Karen Smith, 3573295

    Beachy Beach Real Estate

    Source: Forgotten Coast Realtor Association,MLS#: 321883MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Central Electric
    Cooling
    • Central Electric
    Appliances
    • Included: Other, Electric Oven
    • Laundry: Washer/Dryer Hookup
    Features
    • Crown Molding, Vaulted Ceiling(s), Elevator, Kitchen Island, Recessed Lighting, Other, Pantry, Walk-In Closet(s), Wet Bar, Ceiling Fan(s)
    • Windows: Skylight
    • Has fireplace: No
    Interior area
    • Total structure area: 3,983
    • Total interior livable area: 3,983 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Pool features: In Ground, Other
    • Has water view: Yes
    • Water view: Bay
    • On waterfront: Yes
    • Waterfront features: Bay, Waterfront
    Lot
    • Features: Subdivided
    Details
    • Parcel number: 40000050053
    • Zoning description: Residential Single Family
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Foundation: Slab, On Grade
    • Roof: Metal
    Condition
    • Construction Complete
    • Year built: 2007

    Utilities & green energy

    • Sewer: Community Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Other, Sewer Connected, Water Connected, County Trash

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Boat Launch, Dumpster, Fitness Center, Fishing, Gated, Pool
    • Subdivision: Waterhaven
    HOA
    • Has HOA: Yes
    • Services included: Other, Recreational Facilities
    • HOA fee: $5,498 quarterly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $276/sqft
    • Tax assessed value: $510,741
    • Annual tax amount: $4,481
    • Date on market: 5/6/2025
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/16/2025Sold$1,100,000-21.1%$276/sqft
    Source: Forgotten Coast Realtor Association #321883 Report a problem
    6/17/2025Pending sale$1,394,000$350/sqft
    Source: CPAR #772988 Report a problem
    6/6/2025Price change$1,394,000-0.1%$350/sqft
    Source: CPAR #772988 Report a problem
    5/2/2025Listed for sale$1,395,000+18.7%$350/sqft
    Source: ECAOR #975441 Report a problem
    4/21/2025Listing removed$1,175,000$295/sqft
    Source: CPAR #763976 Report a problem
    3/12/2025Price change$1,175,000-0.9%$295/sqft
    Source: CPAR #763976 Report a problem
    1/25/2025Price change$1,185,400-0.8%$298/sqft
    Source: CPAR #763976 Report a problem
    12/19/2024Price change$1,195,400-0.2%$300/sqft
    Source: CPAR #763976 Report a problem
    11/26/2024Price change$1,197,900-0.2%$301/sqft
    Source: CPAR #763976 Report a problem
    10/18/2024Listed for sale$1,199,900+77.8%$301/sqft
    Source: CPAR #763976 Report a problem
    12/28/2020Sold$675,000-8.7%$169/sqft
    Source: Public Record Report a problem
    10/24/2020Price change$739,000-1.3%$186/sqft
    Source: The Premier Property Group #701939 Report a problem
    9/11/2020Listed for sale$749,000$188/sqft
    Source: The Premier Property Group #701939 Report a problem
    4/21/2020Listing removed$749,000$188/sqft
    Source: Keller Williams Success Realty #685000 Report a problem
    12/6/2019Price change$749,000-6.3%$188/sqft
    Source: Keller Williams Success Realty #685000 Report a problem
    8/17/2019Price change$799,500-8.1%$201/sqft
    Source: Keller Williams Success Realty #685000 Report a problem
    6/18/2019Listed for sale$869,900+52.9%$218/sqft
    Source: Keller Williams Success Realty #685000 Report a problem
    8/22/2012Sold$569,000$143/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,481 +1.5%$400,541 +3%
    2023$4,414 +7.7%$388,875
    2022$4,097 $388,875
    2021-- --
    2020$3,685 +2.7%$299,625 +4%
    2019$3,590 $288,128 +2.6%
    2018$3,590 +0%$280,719 +10%
    2017$3,589 +10.2%$255,199 -3.1%
    2016$3,256 -8.5%$263,432 -1.2%
    2015$3,560 $266,724 +1.6%
    2014$3,560 $262,608 +3%
    2013-- $254,915 +59.8%
    2012-- $159,546 +21%
    2011-- $131,856 -30.5%
    2010-- $189,744 -45.1%
    2009-- $345,708 -25%
    2008-- $460,944 +952.9%
    2007-- $43,780
    Find assessor info on the county website

    Neighborhood: Upper Grand Lagoon

    Nearby schools

    GreatSchools rating
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