CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.Welcome to 123 N Cove Terrace Drive, located in the heart of The Cove, one of Panama City's most established and sought after neighborhoods. Known for its tree lined streets, golf cart rides to the water, and close proximity to downtown dining and St. Andrews Bay, The Cove offers a lifestyle that is hard to replicate.Built in 1950, this home is full of character and timeless charm. Original hardwood floors run through much of the home, complemented by crown molding and a warm, inviting layout. The spacious living area flows into a dedicated dining space with custom built ins, creating a comfortable setting for everyday living and entertaining.The kitchen features abundant solid wood cabinetry, generous storage, and a functional design that connects seamlessly to the main living areas. An enclosed entry offers additional flex space that could serve as a sitting area, office, or mudroom.The primary suite includes backyard access and multiple closets, while the secondary bedrooms are well sized with natural light and classic hardwood flooring. A one car garage adds convenience.Step outside to a private, fenced backyard shaded by mature oaks and accented by a brick walkway. A detached structure provides excellent potential for a workshop, hobby space, studio, or additional storage, a valuable feature in the Cove.