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.
Sold for $1,535,000 on 01/07/25
$1,535,000
324 S Bonita Ave, Panama City, FL 32401
5beds
4,823sqft
Single Family Residence
Built in 1975
0.81 Acres Lot
$1,534,000 Zestimate®
$318/sqft
$3,859 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 30, 2025 at 12:49pm
Listed by:
Kailey J Collison 407-538-9081,
Realty One Group Emerald Coast
Bought with:
Kailey J Collison, SL3590437
Realty One Group Emerald Coast
Source: CPAR,MLS#: 757693
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 19 x 18
Bedroom
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: Second
- Dimensions: 14 x 10
Bedroom
- Level: Second
- Dimensions: 12 x 10
Dining room
- Description: Dining/Kitchen combo
- Level: First
- Dimensions: 24 x 24
Dining room
- Description: Formal Dining
- Level: First
- Dimensions: 15 x 12
Great room
- Level: First
- Dimensions: 23 x 21
Library
- Level: First
- Dimensions: 11 x 11
Living room
- Level: First
- Dimensions: 17 x 12
Office
- Level: First
- Dimensions: 15 x 12
Cooling
- Multi Units
Appliances
- Included: Bar Fridge, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Wine Cooler, Warming Drawer
Features
- Wet Bar, Bookcases, Cathedral Ceiling(s), Fireplace, Kitchen Island, Pantry, Skylights
- Flooring: Hardwood, Tile
- Windows: Skylight(s)
- Has fireplace: Yes
Interior area
- Total structure area: 4,823
- Total interior livable area: 4,823 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Boat, Garage, Oversized
- Attached garage spaces: 2
Features
- Patio & porch: Balcony, Covered, Porch, Screened
- Exterior features: Balcony, Dock, Sprinkler/Irrigation, Fire Pit, Outdoor Kitchen, Porch
- Fencing: Partial
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bayou, Waterfront
Lot
- Size: 0.81 Acres
- Dimensions: 102 x 350
- Features: Waterfront, Sprinkler System
Details
- Parcel number: 21617000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Septic Available, Water Available, Water Connected
Community & neighborhood
Location
- Region: Panama City
- Subdivision: Bunkers Cove
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,534,000
2% more+$30,680
With Zillow Showcase(estimated)$1,564,680