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4 Beds
4 Baths
3,487 sqft

$2,349,000

1164 Cove Pointe Drive, Panama City FL, 32401

Price per sqft$673.64
Built in2023
Property size3,487 sqft
Property typeResidential

Overview

Pending

Listed Feb 10, 2026

Updated 2 weeks ago

MOVE-IN READY | NO LEASE-BACK | WATERFRONT MODEL HOME WITH DESIGNER FURNISHINGS The showpiece model everyone remembers is now available for immediate occupancy—no lease-back required. Previously offered with an 18-month delay, this fully furnished Arthur Rutenberg home is ready for its first full-time owner. Positioned on 154 feet of deep-water bayou frontage, this custom-built residence blends timeless elegance with modern functionality in the waterfront community of Cove Pointe. With over 5,000 square feet under roof, the 4-bedroom plus den plus bonus room layout showcases soaring vaulted ceilings with exposed beams, disappearing glass walls, and curated designer finishes throughout. The heart of the home opens to a resort-style outdoor living space featuring a vanishing-edge pool, spa, lanai, cabana, and a fully equipped outdoor kitchen. Additional highlights include a gourmet kitchen with hidden pantry, smart home features, a 3-car garage, and a private Home Delivery Center for secure, contact-free package drop-off. Located in a tranquil bayou setting with direct access to Shell Island and the Gulf, and situated in a low-dues HOA community, this is a rare opportunity to own a turnkey luxury waterfront property without the wait. All information deemed reliable but not guaranteedif important, buyer to verify.

$15,628/mo

Est. mortgage payment based on a $2,349,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
978870

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.57 Acres

Other Property Details

Taxes
$16,092
Tax Frequency
Annually
Garage
Yes
View
Yes
Waterfront
Yes
MLS provider logo

Courtesy of Coldwell Banker Realty, 
Listing Contact: 850-771-7731 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Shannon Cartrett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:22 AM UTC, 8/31/2026

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