This beautifully upgraded 2021 3BR/2BA home offers a small low maintenance yard and a split floor plan with tray ceilings in the living room and master suite. Recent updates include new LVP flooring, quartz countertops throughout, tile backsplash, new refrigerator and stove, shiplap electric fireplace, recessed lighting, upgraded plumbing fixtures, and door hardware. Custom wooden shelving has been added to all closets and the pantry for excellent organization and storage. The home is pre-wired for two Tesla chargers and sits on a small, low-maintenance yard with new Zoysia grass and palm trees. Additional storage is available above the garage.
As a 2021 build, it benefits from some of the lowest insurance premiums on the beach along with a newer roof, AC, and major systems. The community features one of the lowest HOA fees in the area and includes a dog park.
Located less than 1 mile from the marina with boat slips and launch, Navy base, and sports complex, this home is just 3 miles from the Gulf beaches. The nearby sports complex drives strong rental demand from traveling baseball teams and tournaments. Perfect as a personal beach home or for generating income, with a projected annual gross rental income of $42,000.
This is a move-in ready gem--reach out today for more details or to schedule a showing!
For sale
Price cut: $4.1K (8/17)
$384,900
517 Cove Villa St, Panama City Beach, FL 32407
3beds
1,672sqft
Single Family Residence
Built in 2021
4,791 Square Feet Lot
$-- Zestimate®
$230/sqft
$50/mo HOA
What's special
Quartz countertops throughoutDoor hardwareUpgraded plumbing fixturesShiplap electric fireplaceSplit floor planNew lvp flooringRecessed lighting
- 84 days
- 1,272
- 105
Zillow last checked:
Listing updated:
Listed by:
Kristy A Woliver 850-630-1143,
Blue Bird Woliver Realty
Source: CPAR,MLS#: 790954
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Living Room
Bedroom
- Level: First
- Dimensions: 13 x 14
Bedroom
- Level: First
- Dimensions: 11 x 12
Bedroom
- Level: First
- Dimensions: 11 x 12
Dining room
- Level: First
- Dimensions: 12 x 15
Living room
- Level: First
- Dimensions: 16 x 12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Features
- Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
Interior area
- Total structure area: 1,672
- Total interior livable area: 1,672 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Patio & porch: Covered, Patio, Porch
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 100 x 50 x 100
- Features: Sprinkler System
Details
- Parcel number: 27541500048
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
- Roof: Composition,Shingle,Shake
Condition
- New construction: No
- Year built: 2021
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Emerald Cove Villas
HOA
- Has HOA: Yes
- Amenities included: Other, See Remarks
- Services included: Other, See Remarks
- HOA fee: $600 annually
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $230/sqft
- Tax assessed value: $339,332
- Annual tax amount: $2,775
- Date on market: 6/12/2026
- Cumulative days on market: 80 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $384,900-1.1%$230/sqft |
Source: | ||
| 7/29/2026 | Price change | $389,000-2.3%$233/sqft |
Source: | ||
| 7/18/2026 | Price change | $398,000-0.5%$238/sqft |
Source: | ||
| 6/30/2026 | Price change | $399,900-2.4%$239/sqft |
Source: | ||
| 6/17/2026 | Price change | $409,900-2.4%$245/sqft |
Source: | ||
| 6/12/2026 | Listed for sale | $419,900+1.3%$251/sqft |
Source: | ||
| 2/1/2023 | Listing removed | -- |
Source: CPAR Report a problem | ||
| 1/31/2023 | Listed for rent | $2,700$2/sqft |
Source: CPAR Report a problem | ||
| 1/30/2023 | Price change | $414,500-1%$248/sqft |
Source: | ||
| 1/23/2023 | Listing removed | -- |
Source: CPAR Report a problem | ||
| 1/22/2023 | Listed for sale | $418,500+6%$250/sqft |
Source: | ||
| 1/9/2023 | Listed for rent | $2,700+12.5%$2/sqft |
Source: CPAR Report a problem | ||
| 12/22/2022 | Listing removed | -- |
Source: CPAR Report a problem | ||
| 12/18/2022 | Price change | $2,400-2%$1/sqft |
Source: CPAR Report a problem | ||
| 12/15/2022 | Price change | $2,450-2%$1/sqft |
Source: CPAR Report a problem | ||
| 12/12/2022 | Price change | $2,500-2%$1/sqft |
Source: CPAR Report a problem | ||
| 12/11/2022 | Price change | $394,900-1.3%$236/sqft |
Source: | ||
| 12/1/2022 | Price change | $2,550-1.9%$2/sqft |
Source: Zillow Rental Network_1 #734513 Report a problem | ||
| 11/22/2022 | Price change | $2,600-3.7%$2/sqft |
Source: Zillow Rental Network_1 #734513 Report a problem | ||
| 11/11/2022 | Listed for rent | $2,700$2/sqft |
Source: Zillow Rental Network_1 #734513 Report a problem | ||
| 11/9/2022 | Price change | $399,900-2.4%$239/sqft |
Source: | ||
| 11/1/2022 | Price change | $409,900-1.2%$245/sqft |
Source: | ||
| 10/25/2022 | Listed for sale | $414,900+17.3%$248/sqft |
Source: | ||
| 9/30/2021 | Sold | $353,725$212/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,200 +3.7% | $337,863 +10% |
| 2023 | $4,050 +23.9% | $307,148 +10% |
| 2022 | $3,270 | $279,225 |
| 2021 | -- | -- |
| 2020 | $544 +137% | $44,700 +140% |
| 2019 | $229 | $18,623 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32407
Nearby schools
Schools provided by the listing agent
- Elementary: Breakfast Point
- Middle: Breakfast Point
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





