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$549,000

4138 Cobalt Circle Rte

Panama City Beach, FL
Active
4
Bedrooms
4.5
Bathrooms
2,855
Square Feet
2007
Year Built
23
Days On Market

Welcome to Waterhaven, where beautiful Southern coastal architecture, inviting spaces and a relaxed waterfront lifestyle come together. This spacious three story residence offers 2,855 square feet, 4 bedrooms, 4.5 baths, a two car garage and separate guest Carriage House providing plenty of room to spread out while still feeling warm and welcoming. From the moment you step inside, you'll notice the details that give this home its character. Hardwood floors, tray ceilings, crown molding, beautiful millwork and substantial 12 inch baseboards create a timeless feel, while the spacious living and dining areas offer comfortable places to gather, entertain or simply enjoy being at home. At the heart of the home is a generous kitchen with a large island, six burner Viking gas range, Sub Zero refrigerator, Bosch dishwasher, wine cooler and ice maker. This amazing floorplan includes a kitchen pantry along with two storage closets. Whether you're enjoying a quiet morning at the island or cooking dinner with friends, the open layout keeps everyone connected. With four bedrooms and four full baths & a half bath, this home offers an unusual amount of open space and storage. The second floor primary suite provides a comfortable retreat with its own balcony and walk in closet. The primary bath features a double vanity, separate shower and soaking tub, creating a relaxing space to begin and end the day. The two additional bedrooms are ensuite as well, giving your guests space and privacy of their own. Adding even more versatility, the Carriage House includes it's own kitchen , full bath, living area with a separate garage entrance. It's an inviting setup for overnight guests, extended stays, a home office or simply having additional space when you need it. Step outside to the private courtyard patio, a charming extension of the living space that's just right for morning coffee, grilling dinner, gathering with friends or relaxing at the end of the day. And then there's Waterhaven itself. Enjoy the waterfront pool or fishing on the private pier. The clubhouse offers a fitness center , theater beautiful meeting room. Enjoy the grilling areas and beautiful gathering spaces, all within this gated, non-rental community. With room for guests, spaces to gather and plenty of places to relax, this is a home designed to be lived in and to enjoy your best, beach life.

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Listing Information

Listing Updated
9 days ago
Listed By
Tina L Gates, 8502382366 · Anchor Realty Florida, 8508997999
MLS#
795308
Source
Central Panhandle Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
4138 Cobalt Circle Rte #12, Panama City Beach, FL 32408
City
Panama City Beach
County
Bay
Neighborhood
Waterhaven
Zip Code
32408

Architecture

Bedrooms
4
Bathrooms
4.5
Stories
3
Year Built
2007
Construction Materials
HardiPlank Type
Building Area
2,855 sq. ft.
Roof
Metal
Levels
Three Or More
Garage
Yes
Garage Spaces
2
Parking Features
Gated

Features & Amenities

Interior Features
Walk-In Closet(s), Double Vanity
Appliances
Gas Range, Wine Cooler, Ice Maker
Exterior Features
Balcony
Patio and Porch
Covered, Patio, Deck
Community Features
Clubhouse, Gated, Pool, Fishing, Fitness Center
Cooling
Ceiling Fan(s), Central Air
Heating
Electric, Central

Property Features

Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available

Square Footage

Total
2,855 sq. ft.

Tax & Financial Information

List Price
$549,000
Annual Taxes
$3,668
Association Fee
$3,833 (paid Quarterly)
Fee Includes
Trash, Water, Sewer, Insurance, Pest Control
Association Amenities
Trash, Clubhouse, Pool, Water, Gated, Management, Insurance, Beach Rights

Schools

100/100
Bay Virtual Franchise
7th & Above · Grades KG–12 · 3 mi
City
Panama City
Students
80
Student body
86% White · 9% Hispanic / Latino · 5% Black
Free/reduced lunch
11%
Phone
(850) 767-4460
100/100
Palm Bay Elementary School
Elementary · Grades KG–05 · 3 mi
City
Panama City
Students
375
Student body
60% White · 17% Black · 13% Two or More Races
Free/reduced lunch
63%
Phone
(850) 215-0770
87/100
Oakland Terrace School For The Visual And Performing Arts
Grades M–M · 2.1 mi
City
Panama City
Students
328
Student–teacher
13.6
Parent reviews
5.0★ avg · 1 review
Student body
36% White · 32% Black · 23% Hispanic / Latino
Free/reduced lunch
78%
Phone
(850) 767-4565
75/100
Palm Bay Preparatory Academy 6-12
High · Grades 06–12 · 3 mi
City
Panama City
Students
125
Parent reviews
5.0★ avg · 1 review
Student body
74% White · 11% Hispanic / Latino · 9% Black
Free/reduced lunch
47%
Phone
(850) 215-0770
55/100
Bay Virtual Instruction Program
7th & Above · Grades KG–12 · 3 mi
City
Panama City
Students
54
Student body
91% White · 4% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
41%
Phone
(850) 747-4460
53/100
Rising Leaders Academy
7th & Above · Grades KG–12 · 2.3 mi
City
Panama City
Students
102
Student body
79% White · 9% Black · 5% Asian
Free/reduced lunch
27%
Phone
(850) 215-0844
53/100
Central High School
High · Grades 09–12 · 3 mi
City
Panama City
Students
151
Student body
66% White · 23% Black · 6% Two or More Races
Free/reduced lunch
37%
Phone
(850) 215-0770
53/100
Northside Elementary School
Elementary · Grades PK–05 · 3.4 mi
City
Panama City
Students
631
Student body
51% White · 24% Black · 15% Hispanic / Latino
Free/reduced lunch
62%
Phone
(850) 767-1506

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/11/2026Listed for sale$549,000

Listed by Tina L Gates · Anchor Realty Florida · 8508997999

Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Central Panhandle Association of REALTORS. All rights reserved.

Last Updated: September 24, 2026 at 7:59 PM | Source: Central Panhandle Association of REALTORS | MLS#: 795308

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