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For sale
  • $1,899,000

    720 Bunkers Cove Rd, Panama City, FL 32401

    4beds
    3,233sqft
    : 
    $12,194/mo
    Get pre-qualified
    Single Family Residence
    Built in 1959
    1.02 Acres Lot
    $1,820,300 Zestimate®
    $587/sqft
    $-- HOA

    What's special

    Saltwater heated poolCoyote outdoor kitchen appliancesSun shelfBuilt-in spaFree-standing soaking tubImpact hurricane-rated windowsWalk-in tiled shower
    Life waterfront is truly lived deep in the Cove on Bunkers Cove Road. This fully-renovated, single-level, four-bedroom, three-bath waterfront home with NO HOA sits back from the road on a one-acre homesite shaded by mature oaks and magnolias. With 153 feet of waterfront, it offers pure bay views that will take your breath away at 20' elevation. Enjoy a Florida room with vaulted ceilings and 180-degree bay views. Slide the glass doors open and and step into an oasis. All built in 2024, swim in the saltwater, heated pool, lounge on the sun shelf, or unwind in the built-in spa while you entertain year-round. The covered cabana was designed specifically with gatherings in mind and offers a gas fireplace and Coyote outdoor kitchen appliances and features consistent limestone flooring continuing on from the pool deck and patio. Even with a pool and summer kitchen, this back yard still lives big! Fenced in, plenty of privacy and room to play. Stroll down to the dock, where you've got deep water, with pilings existing and prepped for a boat lift with water and 50-amp power already in place. From home, you're minutes by boat from the open Gulf pass and Shell Island with no idle speed zones in between. Just over 3,200 square feet, inside, three of the four bedrooms wake up to pure bay views, including the waterfront primary suite, your own private sanctuary. Large enough for a sitting area overlooking the pool and Bay and includes a deep, walk-in closet. Its oversized bath is flooded with natural light and features double vanities with incredible counter space, a walk-in tiled shower, a free-standing soaking tub, a separate water closet, a linen closet, and ample storage. Two large, waterfront guest bedrooms are accessible from the hallway and a guest bath offers a tiled, shower-tub combo, beautiful tiled floors and a large double vanity. The fourth bedroom is located on the opposite side of the home and features an en suite bath with Carrera marble flooring and a deep turquoise tiled shower. As you step through the front door, your eyes are drawn directly to the waterfront with glass spanning the back of the home. The open concept was well-designed and the heart of the home is this stunning kitchen, made for gathering, with GE Café appliances, quartz countertops, a zellige tile backsplash, and a walnut island. Linger over breakfast at the built-in walnut banquette, or settle in by the fireplace beneath the vaulted living room ceilings. Custom millwork and modern coastal shiplap ceilings and walls bring warmth and character to the great room, kitchen, and Florida room. Just off the kitchen is a large laundry room with sink, a built-in mudroom nook off the carport. This home offers consistent LVP flooring throughout every inch of this home is in immaculate condition. Outside the carport is a separate, 300 square foot heated and cooled space with mini-split and is ready to become your home gym, office, workshop, or climate controlled storage. Peace of mind is built in this home. The home was gutted to the studs in 2022, with all plumbing and electrical replaced. It also offers concrete block construction, a hidden safe room inside the home, a 2019 roof, impact hurricane-rated windows, and a whole-home generator. At 20' elevation and X flood zone, it makes this a rare find on the water sitting high above the others. A deep water well with sprinkler system irrigates the lawn. Bunkers Cove Road is a street that people wait their entire lives to live on. It's a rare waterfront homesite offering one full acre of pure bay views and sits across the street from a city-maintained community park offers swings, a playground, benches, and a walking path. The Cove neighborhood is golf cart friendly, and Historic Downtown shopping and dining are minutes away. This location. This waterfront. Your legacy. Special financing incentives available on this property from SIRVA Mortgage.
    14 days
    1,440
    146

    Zillow last checked:

    Listing updated:

    Listed by:

    Sostheim Group 850-814-4560,

    Corcoran Reverie

    Source: CPAR,MLS#: 796269MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Florida Room, Great Room, Primary Bedroom, Bonus Room
      Primary bedroom
      • Level: First
      • Dimensions: 16 x 13
      Bedroom
      • Level: First
      • Dimensions: 15 x 11
      Bedroom
      • Level: First
      • Dimensions: 12 x 14
      Bedroom
      • Level: First
      • Dimensions: 11 x 18
      Florida room
      • Level: First
      • Dimensions: 31 x 12
      Great room
      • Level: First
      • Dimensions: 33 x 18
      Heating
      • Central, Electric, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Gas Cooktop, Gas Range, Gas Water Heater, Tankless Water Heater
      Features
      • Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
      • Flooring: Plank, Vinyl
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      • Has fireplace: Yes
      Interior area
      • Total structure area: 3,233
      • Total interior livable area: 3,233 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Circular Driveway
      • Covered spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Barbecue, Boat Slip, Dock, Patio, Outdoor Kitchen, Rain Gutters
      • Has private pool: Yes
      • Pool features: Gunite, Gas Heat, In Ground, Salt Water, Private
      • Fencing: Fenced,Privacy
      • Has view: Yes
      • View description: Bay, Water
      • Has water view: Yes
      • Water view: Bay,Water
      • Waterfront features: Bayfront, Shoreline - Natural, Seawall
      • Frontage length: 153
      Lot
      • Size: 1.02 Acres
      • Dimensions: 75 x 386 x 153 x 423
      • Features: Sprinkler System, Paved
      Details
      • Additional structures: Cabana, Outbuilding, Workshop
      • Parcel number: 25647000000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick, HardiPlank Type, Concrete, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1959

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Barbecue, Short Term Rental Allowed
      • Security: Security System Owned
      • Subdivision: Cove Park Add (Bunkers Cove)
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $587/sqft
      • Tax assessed value: $1,422,975
      • Annual tax amount: $22,774
      • Date on market: 10/5/2026
      • Cumulative days on market: 14 days
      • Electric utility on property: Yes

        Estimated market value

        $1,820,300

        $1.73M - $1.91M

        $2,954/mo

        Price history

        DateEventPrice
        10/5/2026Listed for sale$1,899,000+15.1%$587/sqft
        Source: CPAR #796269 Report a problem
        1/13/2023Sold$1,650,000-2.6%$510/sqft
        Source: CPAR #735451 Report a problem
        12/16/2022Pending sale$1,694,655$524/sqft
        Source: CPAR #735451 Report a problem
        12/15/2022Listed for sale$1,694,655+69.5%$524/sqft
        Source: CPAR #735451 Report a problem
        4/8/2022Sold$1,000,000-6.5%$309/sqft
        Source: CPAR #720549 Report a problem
        2/24/2022Pending sale$1,070,000$331/sqft
        Source: CPAR #720549 Report a problem
        2/13/2022Contingent$1,070,000$331/sqft
        Source: CPAR #720549 Report a problem
        2/8/2022Price change$1,070,000-7%$331/sqft
        Source: CPAR #720549 Report a problem
        1/8/2022Price change$1,150,000-10.9%$356/sqft
        Source: CPAR #720549 Report a problem
        12/29/2021Listed for sale$1,290,000$399/sqft
        Source: CPAR #720549 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,774 +3.7%$1,422,975 +3.6%
        2024$21,962 -1.1%$1,373,739 +1.2%
        2023$22,215 +432.9%$1,358,082 +383.9%
        2022$4,169 $280,667
        2021-- --
        2020$3,928 +8.8%$268,730 +1.7%
        2019$3,610 $264,117 +1.1%
        2018$3,610 +7.6%$261,362 +2.1%
        2017$3,353 +3.3%$255,986 +2.1%
        2016$3,246 -2%$250,721 +0.7%
        2015$3,310 $248,978 +0.8%
        2014$3,310 $247,002 +1.5%
        2013-- $243,352 -1.3%
        2012-- $246,463 +6.1%
        2011-- $232,315 +1.5%
        2010-- $228,882 +2.7%
        2009-- $222,865 +0.1%
        2008-- $222,642 +3%
        2007-- $216,156 +2.5%
        2006-- $210,884 +3%
        2005-- $204,742 +3%
        2004-- $198,779 +1.9%
        2003-- $195,073 +2.4%
        2002-- $190,501 +1.6%
        2001-- $187,501 +3%
        2000-- $182,040
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32401

        Getting around

        5 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        27 / 100
        Somewhat Bikeable

        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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