Oceanfront property with nearly 3/4 of an acre in Panama city for Sale for just 1210 USD per m2

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Property Details

Property ID
For Sale
Coco del Mar
Property Type
Single Family House
Sale Price
$ 3,500,000
Price per m2
$ 1,210
Built Area
1300 m2
Total Area
2893.25 m2
Title Status
Property Title
Date Published
Sep 10, 2015
Times Viewed

Property Description

Sprawling ocean front estate consisting of 2 single family homes and a large pool/social area,  in Coco del Mar, Panama City.

This very unique property has a total of 2893.25 m2 which is just shy of 3/4 of an acre in size.

The ocean front property has a 5 car garage, each with its own automatic door opener.  The garage connects to the principal home via the main entrance which features 2 water fountains and it also connects to the secondary home via a hallway.

House 1 consists of:

  • L-shaped terrace,
  • living room,
  • dining room area,
  • study,
  • kitchen,
  • bar with kitchenette which opens up to the massive pool and social area.  
  • 2 visitors bathrooms
  • 2 bedrooms each with its own onsuite bathroom.

This home opens up to an internal courtyard, where the swimming pool is located, and a laundry/pool pump room.  This house was built in 1974 and has aproximately 435 m2 of construction.

House 2 consists of:

  • internal courtyard
  • visitors bathroom
  • living room
  • dining room
  • study
  • den or family room with a bar
  • formal dining room
  • sun room
  • kitchen with pantry
  • 2 storage areas
  • service entry
  • service wing with 2 bedrooms, 2 bathrooms, and dining area
  • enclosed laundry room
  • The 2nd level of this house has the master bedroom suite
    • dressing room
    • on-suite bathroom
    • private terrace
  • 2 secondary bedrooms, each with its own bathroom

This home was built in 1983 and has approximately 865 m2 of construction

The property is zoned R1-A which allows for single family homes and duplexes with a net density of up to 100 people per HA.



Property Features

  • Appliances
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Studio Room
  • Balcony/Terrace
  • Backyard/Patio
  • Storage
  • Internet & Cable Ready
  • Ocean View
  • Ocean Waterfront
  • City View


  • Pool Outdoors
  • Close to Shopping Centers
  • Close to Schools
  • Close to Main Roads
  • Water Reserve Tank


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