Sold
Last Sold Price
5 beds3,399 sqft
2241 Cochran Rd, Panama City, FL 32408
Single FamilyProperty Type
0.7 acresLot Size
1991Year Built
$441/sq ftPrice per sq ft
2 carsParking Spaces

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS- One-of-a-Kind Bay front home in Bear Point in Panama City Beach! The square-footage is combined with the main home at 2,951 sqft and the guest house with 448 sqft. This custom built, 2-story home offers gorgeous views of historic St. Andrews Bay! With a shared boat dock which has a dedicared lift, you are literally 8 minutes from the pass and Gulf of Mexico. This 4BR/3BA home was built in 1991 with 2x6 construction and has been upgraded...CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS- One-of-a-Kind Bay front home in Bear Point in Panama City Beach! The square-footage is combined with the main home at 2,951 sqft and the guest house with 448 sqft. This custom built, 2-story home offers gorgeous views of historic St. Andrews Bay! With a shared boat dock which has a dedicared lift, you are literally 8 minutes from the pass and Gulf of Mexico. This 4BR/3BA home was built in 1991 with 2x6 construction and has been upgraded recently! Some of the NEW includes a roof in 2019, hickory floors and new carpet installed, the Kitchen cabinets and built-in entertainment center with fireplace are Mahogany with special pull-out drawers and shelves, new stainless-steel appliances including TWO ovens and a flat cook top ran new doors on the garage and front entrance. The sellers say they will miss the huge screened veranda on the back of the home where they enjoyed watching the deer walk thru and the dolphins frolicking in the bayalmost daily! The loft area upstairs also offers a terrific view from inside as well as the balcony! Additional features include a split-bedroom floor plan with the master suite on the 1st floor, a formal dining room and a separate breakfast nook, and a storage/safe room under the stairs. Let's not forget the detached 1BR/1BA cottage with luxury plank vinyl flooring, a full kitchen, and living area great for family or friends. The boat dock has an observation deck over the slips where you can enjoy watching the sunrise and sunsets! And while the home itself is impressive, the neighborhood is the icing on the cake! Located on the end of historic Bear Point at Magnolia Beach, you've got a private drive with no fences, lush park-like atmosphere You will love the laid-back atmosphere and calling this home. All info is approx. and must be verified by Buyers if important.
  • Listed by: Delaine Bourne • Own It Real Estate LLC
Listing closed: 05/25/2023 12:00 AM • Source: CPAR, MLS#: 727959

Recent comparable sales

Median sold price

$1,125,000

Avg days on market

79

Sale-to-list ratio

92.8%

Panama City, FL

9 comparable properties found

$1,699,000 | 6625 North Lagoon Drive, Panama City, FL 32408
1/3
1

$1,699,000

Sold 05/01/25

5
Bedrooms
3,700
Square Feet
Unavailable
Acres
$1,350,000 | 2527 West 9th Street, Panama City, FL 32401
1/58
2

$1,350,000

Sold 11/20/25

5
Bedrooms
3,380
Square Feet
0.6
Acres
$556,000 | 4410 Fletcher Street, Panama City, FL 32405
1/43
3

$556,000

Sold 07/31/26

5
Bedrooms
2,902
Square Feet
0.36
Acres
$725,000 | 3539 Sanctuary Drive, Panama City, FL 32408
1/78
4

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Sold 08/21/26

5
Bedrooms
3,065
Square Feet
0.16
Acres
$1,125,000 | 2456 Belmar Court, Panama City, FL 32408
1/2
5

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Sold 10/03/25

5
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3,366
Square Feet
0.04
Acres
$601,000 | 2808 Longleaf Road, Panama City, FL 32405
1/58
6

$601,000

Sold 03/06/26

5
Bedrooms
3,548
Square Feet
0.55
Acres
7

$1,250,000

Sold 04/03/26

5
Bedrooms
3
Bathrooms
3,771
Square Feet
0.29
Acres
$1,750,000 | 3045 West 30th Court, Panama City, FL 32405
1/85
8

$1,750,000

Sold 06/15/26

5
Bedrooms
4,152
Square Feet
0.79
Acres
$595,000 | 819 Calhoun Avenue, Panama City, FL 32401
1/65
9

$595,000

Sold 11/21/25

5
Bedrooms
2,749
Square Feet
0.11
Acres

Location

Listing Courtesy of Own It Real Estate LLC

Sold By Counts Real Estate Group Inc

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$7,961 per month

30 year fixed, 6.71% Interest

Principal and Interest

$7,751

Property Taxes

$210

HOA Dues

$0

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Property Information for 2241 Cochran Road

Property Details
  • Taxes: $2,522 / year
  • MLS Type: Residential / Single Family Residence / Single Family Residence
  • County: Bay County
  • Architectural Style: Contemporary
  • Waterfront: Yes
  • Waterfront Features: Bayfront, Shoreline Natural
  • Subdivision Name: No Named Subdivision
  • View: Bay
  • Zoning Description: County, Resid Single Family
  • View: Yes
Building Information
  • Stories: 2
  • Year Built: 1991
  • Lot Size: 0.70 AC / 30,492 SF
Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: South on Thomas Drive, left on Magnolia Beach Rd, when you get to the fork, turn left and continue on Magnolia Beach Rd, left on Bear Point Dr and follow thru curve which becomes Cochran Ave, when you get to the fork, veer right and home immediately on left
  • State Region: FL
  • Postal Code: 32408
  • Latitude: 30.16176
  • Longitude: -85.726402
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0319 - Beach - East
Taxes and HOA Information
  • Parcel Number: 31312-020-000
  • Association: No
  • Tax Annual Amount: $2,522.00
  • Tax Legal Description: 11 4S 15W -51.2- 80C COM AT SW COR OF ORIG LOT 3 TH NLY 873.09' ELY 480.24' FOR POB TH CONT E 93' N 323' TO WATER NWLY ALG WATER TO PT N OF POB TH S 330' TO POB SUBJ TO R/W ALONG SLY 25 ORB 1349 P 1558 ORB 1586 P 807 ORB 1728 P 241
  • Tax Year: 2021
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 3399.0
  • Lot Features: Paved
  • Lot Size Acres: 0.7
  • Lot Size Area: 0.7
  • Lot Size Dimensions: 95x323
  • Lot Size Units: Acres
  • Lot Size Square Feet: 30492.0
  • Living Area Source: Appraiser
Property and Assessments
  • Other Structures: Guest House, See Remarks
  • Year Built: 1991
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Water Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Boat Lift, Boat Slip, Deck, Dock, Porch
  • Association Amenities: Other, See Remarks
  • Community Features: Waterfront, Short Term Rental Allowed
  • Construction Materials: Frame, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Deck, Porch, Screened
  • Roof: Composition, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 5
  • Rooms Total: 7
  • Cooling: Yes
  • Cooling: Heat Pump, Multi Units
  • Heating: Yes
  • Heating: Heat Pump
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Appliances: Down Draft, Electric Cooktop, Electric Oven, Electric Water Heater
  • Interior Features: Loft
Room Information
Room 1
  • Room Dimensions: 14 x 11
  • Room Length: 14.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 11.0
Room 2
  • Room Dimensions: 18 x 13
  • Room Length: 18.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 13.0
Room 3
  • Room Dimensions: 13 x 16
  • Room Length: 13.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 16.0
Room 4
  • Room Dimensions: 14 x 18
  • Room Length: 14.0
  • Room Level: Second
  • Room Type: Loft
  • Room Width: 18.0
Room 5
  • Room Dimensions: 11 x 50
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Screened Porch
  • Room Width: 50.0
Room 6
  • Room Dimensions: 14 x 13
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 13.0
Room 7
  • Room Dimensions: 26 x 20
  • Room Length: 26.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 20.0
Multi Family
Multi-Family Information
  • Units Furnished: None
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 2241 Cochran Road

DateEvent & SourcePriceAppreciation
May 25, 2023

Sold (Public Record)

Public Record #1513184691

$1,500,000

+3.1% / yr

May 25, 2023

Sold

CPAR #727959

$1,500,000
Mar 31, 2023

Pending

CPAR #727959

DateEvent & SourcePrice
05/25/2023

Sold (Public Record)

Public Record #1513184691

$1,500,000

+3.1% / yr

05/25/2023

Sold

CPAR #727959

$1,500,000
03/31/2023

Pending

CPAR #727959

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2241 Cochran Road

Taxable ValueLand$491,249Additions-Total$491,249
Tax Record2025$5,826 ($486 / month)
Home Facts
Beds4Stories1Lot Size28,488 SqFtStyleResidentialCountyBAYAPN31312-000-000

Schools near 2241 Cochran Road

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 5
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Surfside Middle School
PublicPK to 12

Patronis Elementary School
PublicK to 5

J.R. Arnold High School
Public9 to 12

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Own It Real Estate LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.