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$2,490,000

1164 Cove Pointe Dr Panama City, FL 32401

4 beds
4 full
3,574 sqft
0.6 acres
$697 / sqft
House

Property details

About 1164 Cove Pointe Dr

Waterfront Luxury - Fully Furnished Arthur Rutenberg Home - where elegance meets effortless living. This fully furnished, professionally decorated AR Homes by Arthur Rutenberg Home offers over 5,000 total square feet under roof and is ready for immediate move-in. Situated on 154 feet of deep-water bayou frontage, this 4-bedroom plus den plus bonus room residence showcases soaring vaulted ceilings, exposed beams, and designer finishes throughout. The home includes a Home Delivery Center for secure, contact-free package drop-off, and features expansive disappearing glass walls that open to a resort-style outdoor living area with a vanishing-edge pool, outdoor kitchen, lanai, and cabana. Located in the upscale community of Cove Pointe, with low HOA dues, this exceptional property offers direct access to Shell Island and the Gulf of Mexico. Offered fully furnished, this is a rare opportunity to own a turnkey luxury waterfront home designed for both everyday comfort and high-end entertaining.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Gas, Multi Unit(s), Zoned
Size3,574 sqft
Lot size0.56 Acres
Year built2023
ParkingAttached, Driveway, Garage, Garage Door Opener
MLS #774663
Attached garage3 spaces
WaterfrontBayou, Natural Shoreline, Waterfront
Private poolYes

Virtual tour

Summary

  • Full Bathrooms: 4
  • Appliances: Convection Oven, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Interior: Beamed Ceilings, High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Smart Thermostat, Vaulted Ceiling(s), Instant Hot Water
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener
  • Waterfront: Bayou, Natural Shoreline, Waterfront
  • Exterior: Sprinkler/Irrigation, Outdoor Kitchen, Rain Gutters
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Gas, Multi Unit(s), Zoned
  • List Price: $2,490,000
  • Price/SqFt: $696
  • HOA Amount: $776 Annually
  • Annual Tax Amount: $4,151
  • Tax Year: 2023
  • Lot: Landscaped, Sloped, Waterfront
  • Directions: Headed South on Martin Luther King Jr Blvd, left onto Bus 98, right onto E Fourth st, becomes Mercedes, left onto E Third Ct, enter into Cove Pointe, take a right and follow circle, pass round about and home is on the right.
  • Year Built: 2023
  • Living Area: 3,574 SqFt
  • Lot Size: 0.56 Acres
  • MLS Number: 774663
  • MLS Name: BCAR
  • Office Name: Coldwell Banker Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 3:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 30, 2021
Home Sold
$360,000

Tax history

YearAssessmentProperty Tax
2023$247,978$4,151
2022$261,504$4,120
2021$237,300$4,120
2020$205,264$3,407
2018$205,264$3,108
2017$205,264$3,076

History based on county public records data.

Nearby schools

4

Merriam Cherry Street Elementary School

Public District PK-5

0.4 mi

1125 Cherry St

1

Cedar Grove Elementary School

Public District PK-5

2.0 mi

2826 E 15th St

4

Palm Bay Elementary School

Public Charter KG-5

2.3 mi

1104 Balboa Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,803. Most Panama City, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

31%
<35k
54%
35k-100k
15%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
7%
Single, with Kids
25%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
45%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1164 Cove Pointe Dr

The listing price of 1164 Cove Pointe Dr property is $2,490,000.

The property 1164 Cove Pointe Dr is a house located in Panama City, Florida, 32401.

Active Listing: 1164 Cove Pointe Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1164 Cove Pointe Dr are: Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Palm Bay Elementary School (GreatSchools Rating 4/10), Jinks Middle School (GreatSchools Rating 2/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rosenwald High School (GreatSchools Rating 1/10), Bay High School (GreatSchools Rating 5/10), Rutherford High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $4,151 (source: MLS/based on county public records data).

The last sale was on December 30, 2021 for $360,000 (source: MLS/tax record).

The property at 1164 Cove Pointe Dr has 4 bedrooms and 4 bathrooms.

The property 1164 Cove Pointe Dr is 3,574 SqFt (source: MLS/tax record).

The year of construction for 1164 Cove Pointe Dr is 2023.

This home is located at 1164 Cove Pointe Dr in Panama City, FL and zip code 32401 in the Cove Pointe neighborhood. This 3,574 square foot home, which was built in 2023, sits on a 0.56 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $2,490,000.

In June 2025, from all listings sold in Panama City, FL there were more than 26 sold above asking price, over 144 sold below and more than 47 were sold right at the asked price. The number of homes for sale in Panama City, FL decreased by 2.4% between May and June 2025. In June 2025 median list price was $330,871 and the average listing age was 78 days.

From Rocket Homes Real Estate and based on county public records data.

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