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Property Details

Property Description

This gorgeous property is located in the Pacific Beach community of Coronado.

Recently reduced to $450,000.00, fully furnished!!

Coronado is the 'Hub' of the Pacific beach towns and is only an hour's drive from Panama City. Coronado offers beautiful beaches and many amenities including retail shopping, banking, four full-service grocery stores, doctors, dentists, emergency clinic, multiple restaurants and so much more.

This property is simply amazing. It is unique and lives like a private tropical paradise resort located inside the prestigious Coronado Golf Course. The property offers 1,363m2 of land and 535m2 of covered living space. 

The main house offers 3 bedrooms, 3.5 bathrooms, fully equipped kitchen with granite counter tops, beautiful custom made wooden cabinetry, stainless steel appliances and a breakfast bar with seating for 7. The open kitchen area flows gracefully into the the living room, which has excellent natural lighting from the large vaulted glass windows at ceiling level. The laundry room, as well as a large 6’ X 6’ walk-in pantry, are located behind the kitchen.

The property has two additional bedrooms separate from the main house. Each bedroom, with ensuite, opens to the stunning swimming pool, bohio and social areas. This makes up the 5 bedrooms for the main house. The property is truly a private, tropical resort, completely surrounded with an 8ft. concrete wall, and professionally landscaped with lush gardens of flowering plants, shrubs and palm trees, including banana, plantain and coconut.

Enjoy outdoor living at it’s best! The resort style swimming pool measures 50’ X 25’ and contains a swim-up bar and two built in islands with palm trees. A spacious covered bohio measuring 625 feet with an upper and lower bar area welcomes you. The sunken wet bar has custom cabinetry, refrigerator, ice maker, and a stunning hand painted and signed wall mural from a well-known local artist.

The style and design of this home is both tropical and comfortable. The furnishings are top-quality and each room has its own special offering. The living space flows smoothly from one area to the next. Whether it's a hammock to swing in, a lounge chair to sun in, or a patio table to sit at, this property offers everything your senses need to feel calm, fresh and at peace.

The second structure is adjacent to the main house and is a two-story building with 2 bedrooms, 1.5 baths, living room, kitchen and storage space. This structure has a private entrance separate from the main house which includes a 1 car garage with electric door opener. This space is currently being used as domestic quarters for a groundskeeper and maid, living on site full time. It could also be used as a guest casita. The building also offers a large storage deposit for beach toys.

Turn key ready with all appliances and furnishings included, 7 flat screen TV’s, art work, right down to the spoons and linens! The property also has a well for private water consumption.

This property enjoys a 20 year tax exoneration on the main home and 15 year tax exoneration on the two Guest Suites!!

A life-time membership to the Coronado Golf and Beach Resort (Blue Bay) is included with this home. The membership offers unlimited greens fees...for life, access to the Coronado Beach Club and restaurant, dining in the hotel restaurants (2), outside pool & bar/restaurant, pro-shop, use of the spa, gymnasium and more. 

A one-time $5000.00 transfer fee, paid directly to Hotel Coronado, transfers the Golf membership from one owner to another. The monthly membership fees are $260 for full-time Panama residents and $130 for residents staying in Panama less than 6-months per year.

For more information on this absolutely stunning property call 6205-5782

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Sale Price

$450,000