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Sold for $2,200,000
  • $2,200,000

    606 Bunkers Cove Rd, Panama City, FL 32401

    5beds
    5,344sqft
    Single Family Residence
    Built in 2006
    0.8 Acres Lot
    $2,171,600 Zestimate®
    $412/sqft
    $4,216 Estimated rent

    Home value

    $2,171,600

    $1.95M - $2.41M

    $4,216/mo

    Zestimate® history
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    What's special

    Private dockLuxurious modern coastal designOversized laundry roomHundred year-old oak treesOpen conceptZero-entry infinity edge poolSun shelf
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Perfectly positioned on one of the most sought-after WATERFRONT streets in Panama City, Florida - this stunning .8-acre estate sits on 100' Bayfront water frontage and features a luxurious modern coastal design. This home features a zero-entry infinity edge pool, dock with boat lift and is less than 6 nautical miles by boat to the open Gulf of Mexico with no idle speed zones in between. From the minute you drive into this gorgeous estate, you're drawn in by remarkable landscaping with mature trees, a beautiful circular driveway and thoughtfully-designed pavers surrounding a care-free turf base. The exterior has been recently renovated and features a brick and stone design with a 2.5 car garage. This 2-story home has impeccable WATERFRONT views from almost every room and features 4 bedrooms, a home office, movie theater room, 3 full baths and 2 half baths. On the main level of the home, you'll enjoy a WATERFRONT primary suite, a home office off the foyer and a formal dining room. The living room features 2-story soaring ceilings maximizing the best sunset views. The kitchen, breakfast room and bar offer easy access to the back yard and pool area and is a great open concept with access to the living room. On the upper level, you'll enjoy spacious bedroom with large closets, two guest baths and an oversized laundry room. The Bay views are endless with this .8-acre estate and you'll enjoy a large backyard, private dock and deep water access. The pool area has been recently renovated to include shellstone pavers and the pool includes zero-entry, a sun shelf and infinity edge. The Cove is a highly coveted neighborhood adorned with hundred year-old oak trees filled with beautiful moss that lines the streets. This neighborhood is idyllic and is full of character and charm presenting an opportunity for pure Bay views and estate size waterfront homesites. This quaint neighborhood that features golf cart-friendly streets and activities with your neighbors year-round! Just minutes from booming downtown Panama City, you'll be just a few miles from farmers markets, a brewery, arcade, fabulous locally-owned dining establishments, boutique shopping and tons of activities. A waterfront opportunity like this doesn't come available often. This is your chance to make your dream home in the Cove!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sostheim Group 850-814-4560,

    Corcoran Reverie

    Bought with:

    The Hughes Group

    Counts Real Estate Group

    Source: CPAR,MLS#: 766197MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Bedroom
    • Level: Second
    • Dimensions: 11.5 x 16.1
    Bedroom
    • Level: First
    • Dimensions: 17.7 x 20.4
    Bedroom
    • Level: Second
    • Dimensions: 13.7 x 15.8
    Bedroom
    • Level: Second
    • Dimensions: 11.9 x 17.5
    Bedroom
    • Dimensions: 12.3 x 15.11
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Gas Range, Tankless Water Heater
    Features
    • Interior Steps
    • Has fireplace: Yes
    Interior area
    • Total structure area: 5,344
    • Total interior livable area: 5,344 sqft

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Additional Parking, Circular Driveway, RV Access/Parking
    • Garage spaces: 2.5
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Open, Porch
    • Exterior features: Boat Lift, Dock
    • Has private pool: Yes
    • Pool features: Gunite, In Ground, Private
    • Fencing: Fenced
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bayfront, Seawall
    • Frontage length: 100
    Lot
    • Size: 0.80 Acres
    • Dimensions: 100 x 350
    • Features: Paved
    Details
    • Parcel number: 21471000000
    • 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
    • Brick, Stone
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & neighborhood

    Community
    • Community features: Short Term Rental Allowed
    Location
    • Region: Panama City
    • Subdivision: Sudduths 10Th Add

    Price history

    DateEventPrice
    2/26/2025Sold$2,200,000-17%$412/sqft
    Source: CPAR #766197 Report a problem
    2/12/2025Pending sale$2,650,000$496/sqft
    Source: ECAOR #964735 Report a problem
    2/12/2025Contingent$2,650,000$496/sqft
    Source: CPAR #766197 Report a problem
    1/24/2025Price change$2,650,000-5.4%$496/sqft
    Source: CPAR #766197 Report a problem
    12/14/2024Listed for sale$2,800,000+60%$524/sqft
    Source: CPAR #766197 Report a problem
    6/17/2022Sold$1,750,000-20.5%$327/sqft
    Source: Public Record Report a problem
    3/6/2006Sold$2,200,000+219.3%$412/sqft
    Source: Public Record Report a problem
    4/7/2004Sold$689,000+25.3%$129/sqft
    Source: Public Record Report a problem
    2/19/2004Sold$550,000$103/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$21,663 -2.4%$1,405,834 +3%
    2023$22,206 +64.7%$1,364,887 +58.7%
    2022$13,482 $859,865
    2021-- --
    2020$13,014 +5.4%$823,294 +2.3%
    2019$12,344 $804,506 +1.9%
    2018$12,344 +8.8%$789,505 +2.1%
    2017$11,351 +3.2%$773,266 +2.1%
    2016$10,998 -2.2%$757,361 +0.7%
    2015$11,244 $752,096 +0.8%
    2014$11,244 $746,127 +1.5%
    2013-- $735,100 -1.3%
    2012-- $744,496 +6.1%
    2011-- $701,759 +1.5%
    2010-- $691,388 +2.7%
    2009-- $673,211 +0.1%
    2008-- $672,538 -52.1%
    2007-- $1,403,886 +874.1%
    2004-- $144,124 -24.5%
    2003-- $191,014 +15.1%
    2002-- $165,917 +1.6%
    2001-- $163,304 +3%
    2000-- $158,548

    Find assessor info on the county website

    Neighborhood: 32401

    Nearby schools

    GreatSchools rating
    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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    $2,171,600
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    $2,215,032