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517 Cove Villa Street, Panama City Beach, FL 32407

$409,900
  • 517 Cove Villa Street, Panama City Beach, FL 32407 Main Photo

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Active Price Reduced by $10,000 on June 18th, 2026
BEDS3 BATHS2 full SQUARE FEET1,672 MLS#790954
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONEmerald Cove Villas

Property Description

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. Short-term rentals are allowed, and most furnishings are negotiable, making this a turnkey income-producing property. 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!

517 Cove Villa Street | MLS# 790954

This single family home located at 517 Cove Villa Street, Panama City Beach, FL 32407 is currently listed for sale with an asking price of $409,900. This property was built in 2021 and has 3 bedrooms and 2 full baths with 1672 sq. ft. Cove Villa Street is located in the Emerald Cove Villas subdivision. Search Emerald Cove Villas real estate on www.joinrealtymark.net today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2
Heating: Central
Home Style: Coastal
Lot Size: 0.11 Acres
Roof Type: Composition, Shingle, Shake
Taxes: $2,775
Year Built: 2021

Amenities

Double Vanity
Main Level Primary
Soaking Tub
Separate Shower
Walk-In Closet(s)

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Association Amenities: Other, See Remarks
Community Features: Short Term Rental Allowed
Days on Site: 12
Exterior: HardiPlank Type
Lot: Sprinkler System
Lot Dimensions: 50X100X50X100
Parcel#: 27541-500-048
Patio/Porch: Covered, Patio, Porch
Sewer: Public Sewer

Room Sizes

Bedroom: 11 X 12 Level - First
Bedroom: 11 X 12 Level - First
Bedroom: 13 X 14 Level - First
Dining Room: 12 X 15 Level - First
Living Room: 16 X 12 Level - First

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

Listed By / Shown By

Listed By

Agency Name: Blue Bird Woliver Realty

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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Estimated Payment

$ 1,263.06 per month $912.26 Principal & Interest $231.25 Property Tax $119.55 Homeowner's Insurance

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