Listing provided courtesy of Blue Bird Woliver Realty- MLS# 790954MLS Provider

517 Cove Villa StreetPanama City Beach, FL 32407

Single Family · 3 Beds · 2 Full Baths · 1,672 Sq. ft. | 0.11 Acres
$409,900 Active

517 Cove Villa Street Overview

Time on Site:
21 days
Visits:
0

Great Primary Residence or Short-Term Rental Opportunity in Panama City Beach! This beautifully upgraded 2021 3BR/2BA home offers a split floor plan with tray ceilings in the living room and master suite. Recent updates include new LVP flooring, quartz countertops throughout, tile backsplash, new refrigerator and stove, shiplap electric fireplace, fresh paint, recessed lighting, upgraded plumbing fixtures, and door hardware. Custom wooden shelving has been added to all closets and the pantry for excellent organization and storage. The home is pre-wired for two Tesla chargers and sits on a small, low-maintenance yard with new Zoysia grass and palm trees. Additional storage is available above the garage. As a 2021 build, it benefits from some of the lowest insurance premiums on the beach along with a newer roof, AC, and major systems. The community features one of the lowest HOA fees in the area and includes a dog park. Located less than 1 mile from the marina with boat slips and launch, Navy base, and sports complex, this home is just 3 miles from the Gulf beaches. The nearby sports complex drives strong rental demand from traveling baseball teams and tournaments. Perfect as a personal beach home or for generating income, with a projected annual gross rental income of $42,000. This is a move-in ready gem--reach out today for more details or to schedule a showing!

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517 Cove Villa Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,672
  • Price/Sq.ft. $245
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association Amenities: Other,See Remarks
  • Association: true

School Information

  • Elementary School: Breakfast Point
  • Middle Or Junior School: Breakfast Point
  • High School: Arnold

Building Information

  • New Construction: false
  • Year Built: 2021

Location/Region

  • County Or Parish: Bay
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0321 - Beach - North Central
  • Postal City: Panama City Beach
  • Subdivision Name: Emerald Cove Villas

Community/Development

  • Community Features: Short Term Rental Allowed

Tax Information

  • Tax Annual Amount: 2775.0
  • Tax Year: 2025

General Information

  • Parcel Number: 27541-500-048
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 1672.0

General Information

  • Appliances: Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
  • Interior Features: Double Vanity,Main Level Primary,Soaking Tub,Separate Shower,Walk-In Closet(s)
  • Living Area Source: Appraiser
  • Rooms Total: 5
  • Units Furnished: Partially

Exterior

Lot Information

  • Lot Features: Sprinkler System
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Dimensions: 50X100X50X100
  • Lot Size Square Feet: 4966.0
  • Lot Size Units: Acres
  • Road Responsibility: Public Maintained Road

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Coastal
  • Attached Garage: false
  • Construction Materials: HardiPlank Type
  • Patio And Porch Features: Covered,Patio,Porch
  • Roof: Composition,Shingle,Shake

General Information

  • Road Frontage Type: City Street
  • Sewer: Public Sewer

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0

Room: Bedroom

  • Level: First
  • Dimensions: 13 x 14
  • Length: 13.0
  • Width: 14.0

Room: Dining Room

  • Level: First
  • Dimensions: 12 x 15
  • Length: 12.0
  • Width: 15.0

Room: Living Room

  • Level: First
  • Dimensions: 16 x 12
  • Length: 16.0
  • Width: 12.0

517 Cove Villa Street Neighborhood

Community

32407 (Panama City Beach) Demographics

40
Median Age
629
Population Density (per sq. mile)
41%
College Educated
$61,450
Estimated Median Income
2,814
Estimated Total Home Owners
2,162
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

517 Cove Villa Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

517 Cove Villa Street Market Data

Based on the last 30 days in this zip code

$527,919
Average List Price
$329
Average Price per Square Foot
70
Properties Sold
87
Average Days on Market
663
Properties for Sale
Calculations provided by Reliance Network

517 Cove Villa Street History

Date Event Value Agent
6/17/2026Source: Central Panhandle MLS Price Reduction
$409,900 -2.4%
6/12/2026Source: Central Panhandle MLS Status Change
Active
6/7/2026Source: Central Panhandle MLS Added to Database
June 07, 2026
3/18/2026Source: Central Panhandle MLS Added to Database
March 18, 2026