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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.