Under contract

Active Under Contract

324 S Bonita Avenue

Panama City FL, 32401

$1,699,999


$352.48 per sqft

Under contract

Active Under Contract

5 Beds

5 Baths

4,823 sqft

Residential

Built in 1975

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.

757693

MLS ID

May 25, 2024

Listed

December 17, 2024

Updated

Map

324 S Bonita Avenue
Panama City FL, 32401

Interior Features

Bedrooms

5


Total Bathrooms

5


Full Bathrooms

4


Half Bathrooms

1


Interior Features

Wet Bar, Bookcases, Cathedral Ceiling(s), Fireplace, Kitchen Island, Pantry, Skylights


Appliances

Bar Fridge, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Wine Cooler, Warming Drawer


Fireplace

Yes


Cooling

Yes


Cooling Description

Multi Units


Heating

No

Exterior/Building Features

Lot Size

0.82 Acres


Exterior Features

Balcony, Fire Pit, Sprinkler/Irrigation, Outdoor Kitchen, Porch


Lot Features

Waterfront


Architectual Style

Craftsman


Sewer

Septic Tank

School Information

High School

Bay


Elementary School

Cherry Street

Other Property Details

Area Name

02 - Bay County - Central


Taxes

$17,205


Tax Frequency

Annually


Days on Market

218


Garage

Yes


Garage Spaces

2


Parking

Attached, Boat, Garage, Oversized


View

Yes


View Description

Bayou


County

Bay


Water Source

Well


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

12/17/2024

Under contract

9/4/2024

Price change

$1,699,999

-10%

 

Courtesy of Realty One Group Emerald Coast, Kailey J Collison,
Listing Contact: (407) 538-9081 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Sanchez Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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