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4139 Cobalt Circle

Panama City Beach, FL 32408

4 beds
5 baths
2,860 sqft
$227 per sqft
2007 build
– on site

This beautifully updated 3-story townhome in the gated Waterhaven community offers just the right mix of style, comfort, and TONS of storage—with over $50,000 in upgrades and a bonus in-law suite over the garage. Inside, you'll find a comfortable and charming living space with gas fireplace. The main kitchen is a dream for anyone who loves to cook (or just entertain), featuring an extended island, new countertops, added cabinets and shelving and top-notch appliances—including a Viking range and Subzero fridge.There's even a beverage fridge and ice maker at the wet bar for easy entertaining. The laundry room also has room for an office and additional pantry space. French doors off the dining room lead to a cozy private courtyardgreat for relaxing with a book or hosting friends on warm evenings. Upstairs on the second floor you'll find the master suite with newly remodeled ensuite bathroom and private balcony. The guest room with ensuite bathroom is across the hall with its own balcony overlooking the courtyard below. The third floor boasts another guest room with ensuite bathroom and even more climate controlled storage closets! The real bonus? A private carriage house above the two-car garage with its own full kitchen, bathroom, and sitting area. It's perfect for guests, family, or even a quiet home office. Furnishings in carriage house are negotiable. As a Waterhaven resident, you'll also have access to a ton of resort-style amenities: a bay front pool, huge private pier, private boat slips, clubhouse with theater and fitness center, outdoor grilling stations, and a spacious gathering room for events. This community truly is a gem on the emerald coast and you're sure to feel right at home.

Listing courtesy of ECARMLS / Newman Dailey Resort Properties

Last checked: Checking… • Last updated Jul 21, 2025 •

MLS# 981359 —

The Building

Year Built:

2007
Building Area Total:

2860.0
Building Area Source:

County PA Records
Architectural Style:

N/A
Levels:

None
Window Features:

Plantation Shutters, Window Treatment All
Accessibility Features:

None
Direction Faces:

None

Interior

Interior Features:

Built-In Bookcases, Guest Quarters, Kitchen Island, Wet Bar
Rooms Total:

6
Fireplaces Total:

None
Laundry Features:

None
Fireplace:

true
Fireplace Features:

Fireplace Gas
Flooring:

Floor Hardwood

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

Going south on Thomas Dr take a left onto Magnolia Beach Road. At road split take a left to continue on Magnolia Beach Road. Waterhaven will be on your left before the dead end.

The Property

Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Renovated, Construction Complete
Property Attached:

None
Lot Size Units:

Acres
Possible Use:

None
Parcel Number:

40000-050-079
Topography:

None
Waterfront:

No
Water Body Name:

None

Listing Agent

Contact info:

Taxes

Tax Legal Description:

WATERHAVEN UNIT R025 TYPE C6 4BR 4.5B ORB 2904 P 186 2857 SF ORB 3657 P 514

Beds

Bedrooms Total:

4

Baths

Total Baths:

4.5
Total Baths:

5
Full Baths:

4
Half Baths:

1
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Home Warranty:

No

Heating & Cooling

Heating:

No
Cooling:

Ceiling Fans, Central Air
Cooling:

true

Utilities

Utilities:

Electric, Gas - Natural, Public Water
Electric:

None
Sewer:

Public Sewer

Appliances

Appliances:

Auto Garage Door Opn, Dishwasher, Ice Machine, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Wine Refrigerator
Microwave:

true
Dishwasher:

true
Range:

true

Schools

Elementary School:

Patronis
Elementary School District:

None
Middle Or Junior School:

Surfside
Middle Or Junior School District:

None
High School:

Arnold

The Community

Subdivision Name:

Waterhaven
Community Features:

BBQ Pit/Grill, Beach, Community Room, Dock, Exercise Room, Fishing, Gated Community, Pool, Waterfront
Association:

true
Association Amenities:

None
Association Fee:

None
Association Fee 2:

4378.0
Association Fee Frequency:

Quarterly
Pool Private:

None
Pool Features:

Pool Type
Spa Features:

None
Pets Allowed:

None
Senior Community:

No

Parking

Garage Spaces:

2.0
Attached Garage:

false
Carport:

false
Parking Features:

Garage

Monthly cost estimate

Asking price

$649,900

Expense	Monthly cost
Mortgage	$3,480
Taxes	N/A
Insurance	$178
Utilities	$173 See report
Total	$3,831/mo.^*
	^*This is an estimate

Explore the Area

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Air Pollution Index

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Sale history

Date	Event	Source	Price	% Change
7/20/25 Jul 20, 2025	Listed / Active	ECARMLS	$649,900

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This condo located in Magnolia Beach, Upper Grand Lagoon 32408 is currently for sale for $649,900. 4139 Cobalt Circle is a 2,860 square foot condo with 4 beds and 5 baths that has been on Estately for 0 days. 4139 Cobalt Circle is in the Magnolia Beach neighborhood of Upper Grand Lagoon.

Listing Courtesy of: ECARMLS and Newman Dailey Resort Properties.

The information provided is 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.