Redfin is joining Rocket

Discover how we're simplifying your journey home.

$438,000

109 Hamilton Ave Panama City, FL 32401

3 beds
3 full
2,076 sqft
0.3 acres
$211 / sqft
House

Property details

About 109 Hamilton Ave

A rare offering in Panama City's treasured Cove neighborhood, this historically recognized three-bedroom, three-bath residence has been exquisitely reimagined with luxurious finishes and enduring character. Ideally situated on a spacious double lot totaling 0.34 acres, this home offers convenient alley access and ample room for expansion, all without the limitations of an HOA. Originally built in 1927 and recently repainted in its original hue, the home's thoughtful renovation preserves its heritage while offering the comforts of modern living. Inside, you'll find a beautifully reinstalled wood-paneled ceiling, refinished mahogany built-ins and all-new infrastructure--electrical, plumbing, insulation and HVAC--paired with high-end touches like Brizo fixtures, honed quartz countertops, and cherry cabinetry. The chef's kitchen is a standout, boasting a Dacor Pro 30-in. gas range, Blanco sink, quiet Samsung appliances and a walk-in butler's pantry with a second full-sized refrigerator and dual ice makers. The three full baths are each individually styled: the rear primary suite features Portuguese tile, a zero-entry shower and furniture-style vanity; the middle bath offers a deep soaking tub; and the front primary showcases antimicrobial tile for a mold-free environment. An interior laundry room with LG appliances adds convenience, and solar panels provide energy efficiency. Positioned less than a block from Holy Nativity Episcopal School and just a short stroll to the downtown waterfront district, residents can easily access dining, boutiques and the St. Andrews Bay Yacht Club. With sidewalks, alleyways, golf-cart accessibility and ancient oaks lining the streets, The Cove is cherished for its coastal charm and community spirit--making this home a one-of-a-kind legacy property in the heart of Panama City. Buyer to verify all data and approximate dimensions if important.

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCentral Air
Size2,076 sqft
Lot size0.34 Acres
Year built1927
ParkingAdditional Parking, Alley Access, Boat, Drive Through, Driveway, Detached, Garage, Oversized
MLS #773737
Garage1 space
FireplaceOutside

Summary

  • Full Bathrooms: 3
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Interior: Bookcases, Coffered Ceiling(s), Pantry, Split Bedrooms
  • Fireplace: Outside
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Additional Parking, Alley Access, Boat, Drive Through, Driveway, Detached, Garage, Oversized
  • Exterior: Porch
  • Architectural Style: Ranch
  • Cooling: Central Air
  • List Price: $438,000
  • Price/SqFt: $210
  • Annual Tax Amount: $2,288
  • Tax Year: 2023
  • Directions: Beach Drive to Cherry Street, left on Hamilton Avenue, home is on the left. From N Cove Blvd go South, right on E 1st St, left on Hamilton, home is on the left.
  • Year Built: 1927
  • Living Area: 2,076 SqFt
  • Lot Size: 0.34 Acres
  • MLS Number: 773737
  • MLS Name: BCAR
  • Office Name: Scenic Sotheby's International Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 5:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 01, 2017
Home Sold
$190,000
Mar 04, 2014
Home Sold
$108,500

Tax history

YearAssessmentProperty Tax
2023$165,824$2,288
2022$160,994$2,195
2021$156,305$2,195
2020$154,147$2,144
2018$153,609$2,325
2017$94,434$824

History based on county public records data.

Nearby schools

4

Merriam Cherry Street Elementary School

Public District PK-5

0.4 mi

1125 Cherry St

4

Palm Bay Elementary School

Public Charter KG-5

2.1 mi

1104 Balboa Ave

1

Cedar Grove Elementary School

Public District PK-5

2.7 mi

2826 E 15th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $52,083. Most Panama City, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

30%
<35k
45%
35k-100k
20%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
7%
Single, with Kids
34%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • Stein MartStein Mart
  • Sam's ClubSam's Club
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • KiaKia

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 109 Hamilton Ave

The listing price of 109 Hamilton Ave property is $438,000.

The property 109 Hamilton Ave is a house located in Panama City, Florida, 32401.

Active Listing: 109 Hamilton Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 109 Hamilton Ave are: Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Palm Bay Elementary School (GreatSchools Rating 4/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Rosenwald High School (GreatSchools Rating 1/10), Bay High School (GreatSchools Rating 5/10), Palm Bay Preparatory Academy 6-12 (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $2,288 (source: MLS/based on county public records data).

The last sale was on March 1, 2017 for $190,000 (source: MLS/tax record).

The property at 109 Hamilton Ave has 3 bedrooms and 3 bathrooms.

The property 109 Hamilton Ave is 2,076 SqFt (source: MLS/tax record).

The year of construction for 109 Hamilton Ave is 1927.

This home is located at 109 Hamilton Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 2,076 square foot home, which was built in 1927, sits on a 0.34 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $438,000.

While more than 26 listings in Panama City, FL in June 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 144 were sold below. The number of homes for sale in Panama City, FL decreased by 2.4% between May and June 2025. While the average time on the market in June 2025 was 78 days, the median list price was $330,871.

From Rocket Homes Real Estate and based on county public records data.

More resources