$5,343

closing credit¹

507 Hollis Ave Panama City, FL 32401

$449,900
4 beds
2 full
1,850 sqft
0.3 acres
$243 / sqft
House

Property details

About 507 Hollis Ave

Historic Charm Meets Modern Elegance in The Cove - 507 Hollis AveWelcome to your dream home in the heart of The Cove, one of Panama City's most cherished and historic neighborhoods. Nestled on what many consider the best street in the area, 507 Hollis Ave is a masterfully renovated 4-bedroom, 2-bathroom home with an office, offering the perfect blend of timeless charm and modern sophistication. Neighborhood Highlights: The Cove is renowned for its tree-lined streets, inviting sidewalks, vintage street lamps, and warm community feel. Stroll to Beach Drive to enjoy breathtaking sunsets over the bay or meet neighbors at one of the many parks featuring waterfront swings and play areas. You'll love the proximity to Holy Nativity Episcopal School, Cherry Street Elementary, and the local favorite, Caffe Del Mundo. Just a golf cart ride or leisurely walk away, cross the Massalina Drawbridge to explore downtown Panama City's foodie destinations, boutique shopping, live music, festivals, and sunset views at Hotel Indigo. Property Features:This 1,850 sq. ft. home, meticulously renovated by Southern Belle Construction, boasts: Exterior: All-new siding, a stunning brick-clad front porch, charming landscaping, and a pavered circular driveway. - Interior: Refinished original hardwood floors, custom trim, modern finishes, and thoughtfully updated infrastructure, including new windows, doors, electrical, plumbing, HVAC, hot water heater, and foam insulation for exceptional energy efficiency. Kitchen: A chef's paradise with custom cabinetry, beautiful quartz countertops, a large island, a white apron sink, a custom-milled wood range hood, and new stainless-steel appliances. Living & Dining: The dining room features a cozy electric fireplace and large windows, while the living room is bathed in natural light with easy access to the oversized back deck. Primary Suite Retreat: This luxurious sanctuary offers soaring ceilings, a spa-like bathroom with a soaking tub, dual-head walk-in tiled shower, and a large flex space perfect for an office or custom walk-in closet. A sliding door provides private access to the expansive backyard. Outdoor Oasis: The large fenced backyard features alley access, perfect for RV or boat storage, and plenty of room to add a pool or an additional dwelling unit for extra income. Why 507 Hollis Ave?This beautifully restored home is more than just a residence--it's a lifestyle. With no HOA, modern updates, and The Cove's iconic oak tree-lined streets, this is the forever home you've been searching for. Don't miss your chance to own a piece of history with every modern convenience. Schedule your private tour today and fall in love with The Cove and 507 Hollis Ave!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,850 sqft
Lot size0.29 Acres
Year built1953
ParkingAdditional Parking, Alley Access, Driveway, Paver Block
MLS #766157
FireplaceElectric

Summary

  • MLS Number: 766157
  • MLS Name: BCAR
  • Office Name: Counts Real Estate Group Inc

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: 1/31/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$449,900

507 Hollis Ave

$5,343

closing credit¹

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Price information

Property sales

DateEventPrice
Dec 18, 2023
Home Sold
$433,000
Sep 23, 2022
Home Sold
$213,500

Tax history

YearAssessmentProperty Tax
2023$187,593$3,307
2022$69,959$575
2021$67,921$575
2020$63,836$500
2018$65,031$245
2017$63,693$246

History based on county public records data.

Nearby schools

1

Merriam Cherry Street Elementary School

Public District PK-5

0.8 mi

1125 Cherry St

3

Parker Elementary School

Public District PK-5

2.3 mi

640 S Highway 22 A

1

Cedar Grove Elementary School

Public District PK-5

2.8 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 $78,385. Typical income of Panama City, FL residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

11%
<35k
53%
35k-100k
24%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
21%
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
15%
18-34 yrs old
47%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • VolvoVolvo
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

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

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Frequently asked questions

About 507 Hollis Ave

This home is located at 507 Hollis Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 1,850 square foot home, which was built in 1953, sits on a 0.29 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $449,900.

Panama City, FL housing market in December 2024 saw over 11 listings sold above listed price, more than 39 sold at listed price and over 146 sold below. The number of homes for sale in Panama City, FL decreased by 1.4% between November and December 2024. While the average time on the market in December 2024 was 79 days, the median list price was $339,456.

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

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