See Home Value
$469,000
● House - Off Market

1401 Dewitt Street

Panama City, FL 32401
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$2,742
Est. Monthly

About This Property

Under Contract - Taking Backups! Over 2,100 square feet, 4 bedrooms, 2.5 bathrooms and a 2-car garage in The Cove? Opportunities like this rarely come along. Situated on a large corner lot in desirable Cove Terrace, this charming home offers bayou views from the front, an expansive primary suite, three additional bedrooms, a versatile bonus room, and two incredible backyard patios beneath some of Panama City's most beautiful oak trees. Originally built in 1951 and thoughtfully expanded over the years, this distinctive home blends timeless character with the space today's buyers are looking for. Beautiful original hardwood floors, abundant natural light, and thoughtful updates create a warm, inviting feel throughout. The oversized primary suite provides a private retreat, while the bonus room is ideal as a home office, fitness room, media room, playroom, or hobby space. Step outside to enjoy two spacious patios designed for entertaining, grilling, or simply relaxing in the shade. The large corner lot, mature landscaping, and magnificent oak trees create a setting that's both private and welcoming. This golf cart-friendly neighborhood is known for its historic charm, tree-lined streets, waterfront parks, and convenient access to downtown Panama City, dining, shopping, schools, St. Andrews Bay, and the marina. If you've been searching for a home with character, generous living space, four true bedrooms, a 2-car garage, and an unbeatable location, this is an opportunity you won't want to miss.
Unit Size
-
Days on Market
51 days
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1951

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Last updated: 2 months ago ( #792270)

Price History

Date / Event Date Event Price
Aug 26, 2026 Sold
Sold
Jul 6, 2026 Listed by Florida Sales Realty $482,000
Listed by Florida Sales Realty
Mar 23, 2023 Sold
Sold
Jan 14, 2020 Sold
Sold
Nov 20, 2019 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 209
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,549
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,947
  • Gross Building Area: 1,947
  • Building Area: 1,738
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,738
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COVE TERRACE
  • Land Acres: 0000000334
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: COVE TERRACE LOT 1 BLK 95A ORB 4670 P 1167

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001900

Zoning

  • Zoning: PC02

Geography

  • Parcel: 21739-000-000
  • Block: 95A
  • Lot: 1
  • Meridian: SEC 09 TWN 04S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.1452
  • Longitude: -85.642

    Address

  • Full Address: 1401 Dewitt St
  • Address - House Number: 1401
  • Address - Street Name: Dewitt
  • Address - Suffix Type: St
  • State: FL
  • City Name: Panama City
  • Carrier Code: C003
  • 4-Digit Zip Code: 4042
  • Zip Code: 32401

Valuation

    Tax

  • Total Area: 2,202
  • Tax Year: 2023
  • Tax Amount: $344,788
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.2352
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 390,501
  • High Value: 482,358
  • Low Value: 298,644

    Market Valuation

  • Market Total Value: $247,756
  • Market Land Value: $64,515
  • Market Improvement Value: $183,241

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,123

    Sales

  • Current Sale Contract Date: Mar 08, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17622
  • Previous Sale Recording Date: Jan 14, 2020
  • Previous Sale Contract Date: Jan 07, 2020
  • Previous Sale Amount: $261,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bunkers Cove


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 265 W 15th St, Panama City, FL, 32401

$1,094 /mo

  • 2 Beds
  • 2 Baths
265 W 15th St, Panama City, FL, 32401 Listing by Rick Rivera


Frequently Asked Questions

When was property at 1401 Dewitt Street built and last sold?
The property at 1401 Dewitt Street was built in 1951 and last sold on Mar 8, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 1401 Dewitt Street is $486,820.
What are some comparable homes to 1401 Dewitt Street?
There are currently no comparable homes to 1401 Dewitt Street.