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$1,875,000   Price Analysis
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324 S Bonita Ave
Panama City, FL 32401
5 bed 5 bath 4,823 SqFt ($388/SqFt)
0.82 acre lot. Built 1975
Listed 2024-05-25, Taxes $15,295
Ⓧ USDA Ineligible
due to price & location

near Panama City

Unique WATERFRONT home in the heart of The Cove!

This property boasts charm, character and num erous upgrads. Interior features include an executive office right off the main foyer, a oversized family room with exposed beamed cathedral ceilings, a wood-burning fireplace and a stone accent wall. The sunken living room offers panoramic bayou views, travertine tile and cathedral ceilings, with versatile layout options. The fully renovated gourmet kitchen is a cook's dream, featuring a marble waterfall island, custom cabinets, bamboo flooring, Viking and Bosch appliances, a breakfast bar and a roomy breakfast room with water views. Adjacent to the kitchen is an ideal spot for a home office or sitting room. Additionally, there is a large butler's pantry with a wine refrigerator, granite countertops and an ice maker. The home offers ample storage, including an oversized laundry room with plenty of space for hanging, folding, sorting and storing. The master suite is a true retreat, complete with stunning bayou views, a screened patio, a huge California closet, a jacuzzi tub, a steam sauna shower and heated floors. The main floor bedrooms are spacious, featuring original hardwood floors and ample closet space. Downstairs features a large living room with newer LVP flooring, a full kitchen with an Apalachicola pecky cypress bar and patio access, making it an ideal space for cooking and cleaning your fresh catch. There are two additional bedrooms and a bath downstairs. This home also has tremendous rental income opportunity as the owners have used the downstairs as a vacation rental. Exterior features include deep water access and an oversized dock. Your screened rear porch with a hot tub, an outdoor grill and large storage room for lifejackets and boating equipment. Additional amenities include a roof that was done in , city water and septic, a full house generator and much more. Don't miss this incredible opportunity to live on one of the most desirable waterfront streets in town!

Call today to schedule your private showing.


Presented by Kailey J Collison at
Realty ONE Group Emerald Coast.


Property MLS #757693 from CPARMLS

Bedrooms: 5
Primary Bedroom Dimensions: 19 x 18
Primary Bedroom Level: First

Total Bathrooms: 5
Full Bathrooms: 4
1/2 Bathrooms: 1

WetBar
Bookcases
CathedralCeilings
Fireplace
KitchenIsland
Pantry
Skylights
Window Features: Skylights

BarFridge
Dryer
Dishwasher
Disposal
GasRange
IceMaker
Microwave
Refrigerator
RangeHood
WineCooler
WarmingDrawer

Library: 11 x 11 x First
DiningRoom: 24 x 24
DiningRoom Level: First
DiningRoom Desc: Dining/Kitchen combo
Bedroom: 12 x 10
Bedroom Level: Second
Bedroom: 14 x 10
Bedroom Level: Second
Bedroom: 13 x 11
Bedroom Level: First
Bedroom: 13 x 11
Bedroom Level: First
Great Room Dimensions: 23 x 21
Living Room Dimensions: 17 x 12
Office/Study Room Dimensions: 15 x 12
Great Room Level: First
Living Room Level: First
Office/Study Room Level: First

Cooling Features: MultiUnits

Dining Room Dimensions: 15 x 12
Dining Room Features: Formal Dining
Dining Room Level: First

Balcony
FirePit
SprinklerIrrigation
OutdoorKitchen
Porch
Patio And Porch Features: Balcony, Covered, Porch, Screened
Road Frontage Type: CityStreet

Bayou
DockAccess
GulfAccess
Waterfront

Attached Garage: Yes
Garage Spaces: 2
Parking Features: Attached, Boat, Garage, Oversized

Lot Description: Waterfront
Lot Size Acres: 0.8190083
Lot Size Dimensions: 102x350
Lot Size Square Feet: 35676

View: Bayou

Elementary School: Cherry Street
High School: Bay
Middle School: Jinks

Merriam Cherry Street Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Bay High School is a public high school located approximately 2.1 miles away.
directions icon Map directions

Jinks Middle School is a public middle school located approximately 2.3 miles away.
directions icon Map directions

Eagle Nest Christian Academy is a private elementary, middle and high school located approximately 0.5 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Community Features: ShortTermRentalAllowed

Annual Tax Amount: 17205
Source Listing Status: Active
County: Bay
Directions: From the corner of Cherry St and MLK, go left on Cherry, then right on Bonita. Home is on the left
Tax Year: 2023
Source Property Type: Residential
MLS Area Minor: 0203 - Bay - Central SW
Source Neighborhood: Bunkers Cove
Parcel Number: 21617-000-000
Postal City: Panama City
Subdivision: Bunkers Cove
Zoning Description: Resid Single Family
Property Subtype: Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$664,678 + $269,769
$934,447
$15,295
2021$652,196 + $254,979
$907,175
$14,999
2020$506,362 + $253,796
$760,158
$12,857
2019$unknown + $unknown
$423,778
$6,190
2018$unknown + $unknown
$415,876
$5,693
2017$unknown + $unknown
$407,322
$5,513
2016$unknown + $unknown
$398,944
$5,513
2015$unknown + $unknown
$396,171
$5,631
2014$unknown + $unknown
$393,027
$5,535
2013$unknown + $unknown
$387,219
$5,050
2012$unknown + $unknown
$380,746
$4,991
2011$unknown + $unknown
$367,524
$4,869
2010$unknown + $unknown
$362,093
$4,886
2009$unknown + $unknown
$352,574
$4,825
2008$unknown + $unknown
$352,222
$4,539
2007$unknown + $unknown
$341,963
$4,507

Listed 2024-05-25
$1,875,000
CPARMLS
Sold 2020-01-03
$1,075,000
CPARMLS
Listed 2019-04-05
$1,400,000
CPARMLS

Total Square Feet Living: 4823
Year Built: 1975
Construction Materials: WoodSiding
Entry Level: 2
Living Area Source: Appraiser
Property Age: 49
House Style: Craftsman
Architectural Style: Craftsman

Sewer: SepticTank
ElectricityConnected
SepticAvailable
WaterAvailable
WaterConnected
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.