About This Home

This 4-bedroom, 3-bathroom single family at 720 Bunkers Cove Road in Panama City, FL is listed for $1,899,000 ($587 per sqft). Built in 1959, the home offers 3,233 sqft of living space on a 1.02 acres lot.

Key Features

  • Built in 1959
  • 1.02 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
3 full
1959

Amenities

FireplaceWaterfrontA/C
Listing Description

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 Cafe 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.

Monthly Cost Estimate

$10,156/mo

20% down · 6.5% · 30 years

Principal$1,373
Interest$8,229
Insurance$554

Estimates only. Actual payments may vary.

Location

720 Bunkers Cove Road

Panama City, FL 32401

COVE PARK ADDN

Features & Amenities

Interior Features

Breakfast BarCeiling BeamedCeiling VaultedFireplaceKitchen IslandLighting RecessedPantry

Exterior Features

BBQ Pit/GrillBoat SlipFenced Back YardPool - Gunite ConcrtSprinkler System

Property Details

Flooring

Tile

Construction

Brick

Outdoor Features

Patio

Parking

CarportOversize

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 720 Bunkers Cove Road is listed at $1,899,000 ($587/sqft). The estimated monthly payment is $10,156 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 1.02 acre lot, Fireplace, Waterfront. Interior Features: Breakfast Bar, Ceiling Beamed, Ceiling Vaulted. Exterior Features: BBQ Pit/Grill, Boat Slip, Fenced Back Yard.

This property is listed by Sostheim Group and can be reached at 8508144560.

SG

Sostheim Group

Agent at Hilary & Reverie

(850) 814-4560
Agent website

Listed by Hilary & Reverie · Broker phone: (850) 231-2850 · View on Broker Site · Broker website

MLS# 1013314· Source: Emerald Coast Association of Realtors· 14 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

720 Bunkers Cove Road, Panama City, FL 32401

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