324 S Bonita Avenue, Panama City, FL 32401
$1,535,000
Property Type:
Residential
Bedrooms:
5
Baths:
5
Square Footage:
4,823
Lot Size (sq. ft.):
35,676
Status:
Sold
Current Price:
$1,699,999
List Date:
5/25/2024
Last Modified:
12/18/2025
Description
Charm meets luxury - Waterfront Home in The Cove!
Seller is offering a $20,000 flooring and paint credit!
Nestled in the heart of The Cove, this unique waterfront property exudes charm and character, offering numerous upgrades and modern amenities. With stunning bayou views and thoughtful design elements throughout, this home is a must-see.
Interior Features:
• Executive Office: Located right off the main foyer, perfect for remote work or a private study.
• Oversized Family Room: Featuring exposed beamed cathedral ceilings, a cozy wood-burning fireplace, and a stone accent wall, creating a warm and inviting atmosphere.
• Sunken Living Room: Enjoy panoramic bayou views, travertine tile, and cathedral ceilings with a flexible layout, perfect for entertaining or relaxing.
• Gourmet Kitchen: Fully renovated with high-end finishes, including a marble waterfall island, custom cabinetry, and bamboo flooring. Equipped with Viking and Bosch appliances, a breakfast bar, and a spacious breakfast room, all with stunning water views.
• Butler's Pantry: Offering ample storage and prep space with granite countertops, a wine refrigerator, and an ice maker. Adjacent to the kitchen is a versatile space ideal for a home office or sitting room.
• Ample Storage: The oversized laundry room is designed for efficiency, with space for hanging, folding, sorting, and storing.
Primary Suite Retreat:
The primary suite is your personal haven, featuring breathtaking bayou views, access to a private screened patio, a luxurious California closet, a jacuzzi tub, steam sauna shower, and heated floors. Relax and unwind with every comfort at your fingertips.
Downstairs Features & Rental Potential:
The downstairs living quarters offer significant rental income potential with a projected income of over $30k per year. This area has its own private entrance, accessible from the right side of the home, allowing it to be rented out while you enjoy the main floor. The space includes a large living room with newer LVP flooring, a full kitchen with a custom Apalachicola pecky cypress bar, and direct patio access. It also includes two additional bedrooms and a full bath, ideal for guests or vacation rental use.
Exterior Features:
• Deep Water Access and an oversized dock, perfect for boating and water activities.
• A screened rear porch complete with a hot tub, outdoor grill, and a large storage room for boating equipment and lifejackets.
Don't miss the opportunity to own a home on one of the most desirable waterfront streets in town! Schedule your private showing today and experience waterfront living at its finest.
More Information MLS# 757693
Listing Info, Tax and Legal
Homestead: No
HOA Fee: No
New Buyer Fee: No
Last Taxes: 17205
Last Tax Year: 2023
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 352.48
Status: Sold
List Date: 2024-05-13
List Price: $1,699,999
Current Price: $1,535,000
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From the corner of Cherry St and MLK, go left on Cherry, then right on Bonita. Home is on the left
Area: 02 - Bay County - Central
Street #: 324
Street Direction: S
Street Name: Bonita
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Subdivision: Bunkers Cove
Parcel ID: 21617-000-000
Legal Description: SUDDUTHS 10TH ADD NLY 50' LOT 6 & LOT 5 LESS NLY 25' BLK 81 ORB 4208 P 9
General Property Info
Acreage: 0.81
Design: Craftsman Style
Lot Size (SqFt): 35676
Apx SqFt(Htd/Cooled): 4823
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
Lot Dimensions: 102x350
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 5
Full Baths: 4
Total Baths: 5
Year Built: 1975
Remarks & Misc
Remarks: Charm meets luxury - Waterfront Home in The Cove!
Seller is offering a $20,000 flooring and paint credit!
Nestled in the heart of The Cove, this unique waterfront property exudes charm and character, offering numerous upgrades and modern amenities. With stunning bayou views and thoughtful design elements throughout, this home is a must-see.
Interior Features:
• Executive Office: Located right off the main foyer, perfect for remote work or a private study.
• Oversized Family Room: Featuring exposed beamed cathedral ceilings, a cozy wood-burning fireplace, and a stone accent wall, creating a warm and inviting atmosphere.
• Sunken Living Room: Enjoy panoramic bayou views, travertine tile, and cathedral ceilings with a flexible layout, perfect for entertaining or relaxing.
• Gourmet Kitchen: Fully renovated with high-end finishes, including a marble waterfall island, custom cabinetry, and bamboo flooring. Equipped with Viking and Bosch appliances, a breakfast bar, and a spacious breakfast room, all with stunning water views.
• Butler's Pantry: Offering ample storage and prep space with granite countertops, a wine refrigerator, and an ice maker. Adjacent to the kitchen is a versatile space ideal for a home office or sitting room.
• Ample Storage: The oversized laundry room is designed for efficiency, with space for hanging, folding, sorting, and storing.
Primary Suite Retreat:
The primary suite is your personal haven, featuring breathtaking bayou views, access to a private screened patio, a luxurious California closet, a jacuzzi tub, steam sauna shower, and heated floors. Relax and unwind with every comfort at your fingertips.
Downstairs Features & Rental Potential:
The downstairs living quarters offer significant rental income potential with a projected income of over $30k per year. This area has its own private entrance, accessible from the right side of the home, allowing it to be rented out while you enjoy the main floor. The space includes a large living room with newer LVP flooring, a full kitchen with a custom Apalachicola pecky cypress bar, and direct patio access. It also includes two additional bedrooms and a full bath, ideal for guests or vacation rental use.
Exterior Features:
• Deep Water Access and an oversized dock, perfect for boating and water activities.
• A screened rear porch complete with a hot tub, outdoor grill, and a large storage room for boating equipment and lifejackets.
Don't miss the opportunity to own a home on one of the most desirable waterfront streets in town! Schedule your private showing today and experience waterfront living at its finest.
Status Change Info
Sold Price/SqFt: 318.27
Sold Price/Acre: 1895061.73
Under Contract Date: 2024-12-17
Sold Date: 2025-01-07
Sold Price: $1,535,000
Dining Room
First: 1
Great Room
First: 1
Library
First: 1
Office
First: 1
Appliances
Bar Fridge: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Ice Maker: 1
Microwave: 1
Range - Gas: 1
Range Hood: 1
Refrigerator: 1
Warming Drawer: 1
Wine Cooler: 1
Interior Features
Bookcases: 1
Ceiling - Cathedral: 1
Closet Owner: 1
Fireplace: 1
Floor - Hardwood: 1
Floor - Tile: 1
Kitchen Island: 1
Pantry: 1
Skylight(s): 1
Wet Bar: 1
Construction/Siding
Siding - Wood: 1
Exterior
Balcony: 1
Fenced Lot-Part: 1
Fire Pit: 1
Summer Kitchen: 1
Porch Covered: 1
Porch Screened: 1
Sprinkler System: 1
Waterfront Feature
Dock: 1
Furnished
Negotiable: 1
Interior
Bunk Room: 1
Living Room
First: 1
Lot Features
Waterfront: 1
Lot Access
City Street: 1
Parking Features
Boat: 1
Garage Attached: 1
Oversized: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Sauna/Steam: 1
MBath Walk-In Closet: 1
MBath Whirlpool: 1
MBed Balcony: 1
MBed Waterfront: 1
Present Zoning
Resid Single Family: 1
Rooms
Bedroom: 1
Dining Room: 1
Great Room: 1
Library: 1
Living Room: 1
Master Bedroom: 1
Office: 1
Sitting Room: 1
Utilities
Electricity - Connected: 1
Private Well: 1
Water Connected: 1
Septic Tank: 1
Waterview
Bayou: 1
Sale Type
As Is: 1
Waterfront Type
Bayou w/ Gulf Access: 1
Master Bedroom
First: 1
Bedroom
First: 1
Second: 1
Cooling
Multi Units: 1
Property Features
Appliances: Bar Fridge; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Range - Gas; Range Hood; Refrigerator; Warming Drawer; Wine Cooler
Master Bedroom: First
Bedroom: First; Second
Cooling: Multi Units
Exterior: Balcony; Fenced Lot-Part; Fire Pit; Summer Kitchen; Porch Covered; Porch Screened; Sprinkler System
Furnished: Negotiable
Interior: Bunk Room
Living Room: First
Lot Features: Waterfront
Lot Access: City Street
Dining Room: First
Great Room: First
Library: First
Office: First
Parking Features: Boat; Garage Attached; Oversized
Rooms: Bedroom; Dining Room; Great Room; Library; Living Room; Master Bedroom; Office; Sitting Room
Sale Type: As Is
Utilities: Electricity - Connected; Private Well; Septic Tank; Water Connected
Waterfront Type: Bayou w/ Gulf Access
Waterfront Feature: Dock
Waterview: Bayou
Present Zoning: Resid Single Family
Room Information
Master Bedroom
Level: First
Dimensions: 19 x 18
Length: 19.00
Width: 18.00
Dimensions: 19 x 18
Bedroom
Level: First
Dimensions: 13 x 11
Length: 13.00
Width: 11.00
Dimensions: 13 x 11
Bedroom
Level: First
Dimensions: 13 x 11
Length: 13.00
Width: 11.00
Dimensions: 13 x 11
Bedroom
Level: Second
Dimensions: 14 x 10
Length: 14.00
Width: 10.00
Dimensions: 14 x 10
Bedroom
Level: Second
Dimensions: 12 x 10
Length: 12.00
Width: 10.00
Dimensions: 12 x 10
Office
Level: First
Dimensions: 15 x 12
Length: 15.00
Width: 12.00
Dimensions: 15 x 12
Living Room
Level: First
Dimensions: 17 x 12
Length: 17.00
Width: 12.00
Dimensions: 17 x 12
Great Room
Level: First
Dimensions: 23 x 21
Length: 23.00
Width: 21.00
Dimensions: 23 x 21
Dining Room
Level: First
Dimensions: 24 x 24
Length: 24.00
Width: 24.00
Dimensions: 24 x 24
Remarks: Dining/Kitchen combo
Dining Room
Level: First
Dimensions: 15 x 12
Length: 15.00
Width: 12.00
Dimensions: 15 x 12
Remarks: Formal Dining
Sitting Room
Library
Level: First
Dimensions: 11 x 11
Length: 11.00
Width: 11.00
Dimensions: 11 x 11
Listing Office:
Realty One Group Emerald Coast
Last Updated: December - 18 - 2025
Information deemed reliable but not guaranteed.