720 Bunkers Cove Road, Panama City, FL 32401
720 Bunkers Cove Road in Cove Park Add (Bunkers Cove), Panama City is listed at $1,899,000. It has been listed Oct 17, 2026. Listing facts: built in 1959. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- Built 1959 · 67 yrs
- listed Oct 17, 2026
About this home
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.
All 81 photos
Description provided by Corcoran Reverie and reproduced from the MLS; not independently verified.
Comparable recent sales
Comparable closed sales for this home are unavailable right now, so this page shows no comparable-sales median or automated estimate for Cove Park Add (Bunkers Cove). A licensed Momentum Realty agent can prepare a property-specific comparative market analysis on request.
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Estimated monthly payment
- Principal & interest $10,292/mo 78%
- Taxes $1,892/mo 14%
- Insurance $1,030/mo 8%
$13,213/mo at 20% down, 30-yr @ 7.18% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Property taxes
✓ Certified tax roll · county-average rateProperty taxes in Florida are reassessed after a sale, so a buyer’s first full-year bill can be higher than the seller’s. Budget from this estimate, not the current bill, before you make an offer.
The current owner’s taxable value is below today’s asking price; after a sale the assessment is set from market value, so the estimated bill is higher. Exemptions and portability can reduce it.
Certified 2025 tax roll values for this parcel (Florida DOR). The roll gives values, not the bill; the current owner’s bill above is estimated from the taxable value.
Estimate my property taxes →Adjust for your exemptions, portability, and down payment
Sources: Florida DOR certified tax roll (2025), Central Panhandle AR; millage: Florida TaxWatch 2025 How Florida Counties Compare (county-average millage); school portion estimated at ~42% of total, capped at 6.50 mills. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill; the county property appraiser and tax collector set the actual amount.
What it really costs to own 720 Bunkers Cove Road
The parts of the monthly number a mortgage calculator leaves out, from this listing's MLS record, the county tax roll, Citizens and FEMA. Property facts only.
| Property tax | The current owner's bill is about $17,475/yr (certified county roll, taxable value × millage). Buy at the asking price of $1,899,000 and the first-year bill resets to about $22,700/yr (the parcel is matched to the certified roll; asking price less the $50,000 homestead exemption × 12.28 mills (county-average millage, estimate)); Save Our Homes caps later increases at 3%/yr. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Bay County is $1,928/yr (1,264 policies, Citizens detail by county, April 2026); private-market quotes differ by roof age, wind mitigation and distance to the coast. The page's modeled range for this home is $8,500–$18,000/yr; neither is a quote. |
| Roof and age | Built in 1959. An original roof would be about 67 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report and ask for the roof permit date. |
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
Bay County is on the Florida coast; wind coverage is a major part of the premium. Premiums and coverage vary by home (roof age, wind mitigation, claims history); obtain a quote from a licensed insurer.
County hazard risk ratings (FEMA National Risk Index, county level)
Natural hazard risk
FEMA National Risk Index for Bay County, FL: overall Relatively Moderate. Ratings compare this county with every county in the United States for expected annual loss from each hazard.
Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.
Internet & broadband — how to check availability for this address
Internet & broadband
Address-level fiber service is not confirmed for this home. Check the FCC National Broadband Map (broadbandmap.fcc.gov) or the provider for this address.
Cable broadband is common in Florida and Georgia towns but not confirmed for this address; verify with the provider.
5G home internet and satellite service depend on the exact location; check coverage for this address.
This home’s history
- 1959BuiltPer public record
- NowActiveCurrently for sale
Build year is from public record. The MLS list date is approximate (today minus the cumulative days on market the MLS reports, which can span relistings). Other milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Price & listing history
Building permits
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Listed by Corcoran Reverie · MLS # 796269
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Similar homes for sale near Cove Park Add (Bunkers Cove)
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Newest listings in Cove Park Add (Bunkers Cove)
- 7526 Linda Lane, Panama City, FL 32404 · $249,000 · 3 bd / 2 ba · listed November 10, 2026 (courtesy of Coldwell Banker Realty)
- 12539 Silver Lake Road, Fountain, FL 32438 · $112,000 · 2 bd / 2 ba · listed November 7, 2026 (courtesy of Keller Williams Success Realty)
- 831 Plantation Way, Panama City, FL 32404 · $399,900 · 4 bd / 3 ba · listed November 5, 2026 (courtesy of eXp Realty LLC)
Just listed: new homes for sale in this area in the last 48 hours · updated hourly · RSS · This area market today: new listings, price cuts, pendings
More on Bay County
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Browse market data, schools, taxes, and homes for sale across the county.
Assigned schools
Schools currently assigned to this address in Bay County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
City, county & community guides
Where this home sits, with links to the matching guides. General reference only.
Groceries, dining, and parks for this city — see the city guide.
View →Schools, taxes, and services are county-administered — see the county guide.
View →Amenities and HOA/CDD detail on the neighborhood guide.
What homes sell for in 32401 — recent sale prices by community.
View →Median price, days on market and supply from MLS data.
View →Buyer research checklist
Items worth confirming for 720 Bunkers Cove Road, chosen from what the record shows. This is general guidance, not advice about this specific property.
- Built in 1959 (67 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
- Confirm whether a mandatory HOA applies to this parcel and what it charges.
- Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
- Get a homeowners insurance quote for this specific address in Bay County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
- Confirm square footage and room dimensions independently.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $22,700/yr) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $5,225 more per year than the current owner’s estimated bill (+30%). Exemptions and portability change the actual bill — confirm with the county property appraiser.
- Confirm school zoning directly with the district.
Data sources & freshness
| Listing record | CPAR, checked against the MLS hourly (last: November 11, 2026) |
| Comparable sales | Comparable-sales estimate unavailable for this home right now — no medians or automated estimate shown |
| Flood zone & elevation | Not verified for this address — look it up at msc.fema.gov |
| Taxes & monthly cost | Certified county tax roll (parcel-matched) × county millage; an estimate, not a bill |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of CPAR records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 720 Bunkers Cove Road and when was it built?
Per the listing record, 720 Bunkers Cove Road was built in 1959 and has 4 bedrooms and 3 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 720 Bunkers Cove Road in?
720 Bunkers Cove Road is in Cove Park Add (Bunkers Cove) in Panama City, Bay County. Too few comparable closed sales exist nearby for this page to show local sales statistics; a licensed agent can prepare a comparative market analysis.
Why might property taxes on 720 Bunkers Cove Road differ from the current owner's?
The estimate on this page (about $22,700 per year) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $5,225 more per year than the current owner’s estimated bill (+30%). Florida reassesses a home after it sells; for a homesteaded seller the Save Our Homes cap on their assessment does not transfer, and a buyer's own exemptions and portability are applied separately, so the two bills usually differ. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 720 Bunkers Cove Road in a flood zone?
A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
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Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email jon@movewithmomentum.com and we will review and correct or remove it promptly.
MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Central Panhandle Association of REALTORS® Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is 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. Source: Central Panhandle Association of REALTORS®. © 2026 Central Panhandle Association of REALTORS®, Inc. All rights reserved.
Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Florida real estate brokerage services provided by EAB RE Investments LLC dba Momentum Realty. Georgia real estate brokerage services provided by Momentum Realty LLC. Site designed by Move With Momentum LLC, © 2026.
Estimates, methodology & disclaimers
Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply county millage to the list price (less the homestead exemption where the parcel is matched to the certified roll) and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.