$979,000

511 Hollis Ave Panama City, FL 32401

$10,000
Closing credit¹
4 beds
3 full, 1 partial
3,391 sqft
0.4 acres
$289 / sqft
House

Property details

About 511 Hollis Ave

Discover an exceptional opportunity to own a beautifully renovated home in the coveted Historic Cove neighborhood with NO HOA, perfectly positioned just steps away from Bunkers Cove and the Bay. This rare single level home offers 3,400 square feet of living space, featuring 4 bedrooms, 3 full bathrooms, and 1 half bath. 511 Hollis Avenue boasts a stunning, heated pool and spa, a 2-car attached garage, detached climate controlled/finished garage and lush landscaping, creating a private oasis perfect for relaxation and entertainment. This home was completely reimagined and taken down to the studs with all major systems replaced and a thoughtfully-designed addition was extended to include a luxurious, spacious primary retreat and a rare 24 x 23 bonus room with 10 ceilings that opens up to the pool and patio to complete the indoor outdoor living we all love! This renovation was fully customized with E.F. San Juan craftsman trim throughout, custom craftsman solid mahogany front door with stained glass, 8 interior solid wood doors and mahogany French doors. Every inch of this home stands out with the level of finishes, double pane windows and storm doors, solid wood cabinetry throughout, preserved solid wood oak flooring, coffered ceilings, custom-built bookcases, gas fireplace and large bar for entertainment in the bonus room. This level of finish in a home is rare - especially in the Cove neighborhood with 3,400 square feet of living space and a custom-designed pool and spa! Step inside to find a light-filled foyer and dining area with a stunning chandelier. Youll enter the kitchen which offers a cozy breakfast seating area, new stunning Quartz countertops, custom wood cabinetry, stainless appliances and a professional gas range. A large pantry is off the hallway which you will love in this true split floor plan. Three bedrooms, a full guest bath in the hallway and one of the bedrooms complete with an ensuite full bath is on the left side of the home. Stepping back into the breakfast area, the mudroom offers built-in lockers and storage along with a spacious laundry room just off the attached garage. The right side of the home features a luxurious primary suite retreat with coffered ceilings, a large floor plan, oversized walk-in closet for two and primary ensuite bath with double vanities, freestanding tub and double head walk-in tiled shower. This retreat is such a rare find in the Cove with the amount of storage and closet space the primary suite contains! From the breakfast room to the living room, youre greeted by coffered, 10 ceilings and a stunning gas fireplace with custom E.F. San Juan millwork throughout. Step through the mahogany, glass French doors into a world of endless possibilities with a 24 x 23 bonus room with 10 ceilings, a wet bar complete with an ice maker and wine refrigerator and a powder room that is also accessible from the exterior - perfect for enjoying the pool. This bonus room is a luxury desired by many for entertaining and perfect for the lifestyle you want to live in a neighborhood like the Cove! Step outside the French doors to a covered patio where youll enjoy a true oasis by a heated pool, spa and lush landscaping providing privacy and seclusion. Imagine the pool parties and endless days youll be able to spend with your family in this space! This property also offers a detached garage accessible by the alley along with three additional parking pads for guests. The detached garage is climate controlled and insulated with epoxy floors offering a great space for an office, fitness room, bonus room or storage! Please inquire for a full list of upgrades and features! Located in the well-established Historic Cove neighborhood, youll enjoy a home with no HOA, brand new sidewalks throughout and love being in a golf-cart friendly community surrounded by water and be just minutes to booming Downtown Panama City to enjoy restaurants, shopping, coffee, wine and more!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size3,391 sqft
Lot size0.39 Acres
Year built2005
ParkingGarage Detached
MLS #974646
Attached garage3 spaces
Private poolYes

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Cooktop, Dishwasher, Ice Maker, Microwave, Range Hood, Refrigerator, Refrigerator, Ice Maker, Security System, Wine Cooler, Gas Water Heater
  • Interior: Breakfast Bar, Built-in Bookshelves, Ceiling Crown Molding, Raised Ceiling, Tray/Cofferd Ceiling, Kitchen Island, Recessed Lighting, Pantry, Wallpaper, Wainscoting Walls, Wet Bar, Woodwork Painted, Woodwork Stained
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Garage Detached
  • Exterior: Fenced Back Yard, Lawn Pump, Sprinkler System
  • Architectural Style: Craftsman Style
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $979,000
  • Price/SqFt: $288
  • Annual Tax Amount: $8,660
  • Tax Year: 2023
  • Lot: Sidewalk, Within 1/2 Mile to Water
  • Directions: Heading west on Highway 98, turn left onto Cove Blvd. Turn left onto Bunkers Cove Road. Turn left onto Hollis Avenue. Home is on your right.
  • Year Built: 2005
  • Stories: 1
  • Living Area: 3,391 SqFt
  • Lot Size: 0.39 Acres
  • MLS Number: 974646
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Corcoran Reverie SRB
  • Office Email: hilary.ff@corcorangroup.com
  • Listing Agent: Carly K Sostheim

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 5/2/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of pool with fence, a patio, and a pool with connected hot tub

$979,000

511 Hollis Ave

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 08, 2004
Home Sold
$260,000
Apr 03, 1996
Home Sold
$125,000

Tax history

YearAssessmentProperty Tax
2023$527,901$8,660
2022$512,525$8,060
2021$497,597$8,060
2020$248,716$3,712
2018$250,553$3,189
2017$251,732$3,181

History based on county public records data.

Nearby schools

4

Merriam Cherry Street Elementary School

Public District PK-5

0.8 mi

1125 Cherry St

4

Parker Elementary School

Public District PK-5

2.3 mi

640 S Highway 22 A

1

Cedar Grove Elementary School

Public District PK-5

2.9 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. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically 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 511 Hollis Ave

The listing price of 511 Hollis Ave property is $979,000.

The property 511 Hollis Ave is a house located in Panama City, Florida, 32401.

Active Listing: 511 Hollis Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 511 Hollis Ave are: Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Parker Elementary School (GreatSchools Rating 4/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Jinks Middle School (GreatSchools Rating 2/10), Tyndall Academy (GreatSchools Rating 7/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Rosenwald High School (GreatSchools Rating 1/10), Rutherford High School (GreatSchools Rating 3/10), Bay High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $8,660 (source: MLS/based on county public records data).

The last sale was on October 8, 2004 for $260,000 (source: MLS/tax record).

The property at 511 Hollis Ave has 4 bedrooms and 3 full and 1 half bathrooms.

The property 511 Hollis Ave is 3,391 SqFt (source: MLS/tax record).

The year of construction for 511 Hollis Ave is 2005.

This home is located at 511 Hollis Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 3,391 square foot home, which was built in 2005, sits on a 0.39 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $979,000.

In April 2025 more than 20 listings in Panama City, FL were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 127 were sold below. The inventory of homes for sale in Panama City, FL between March and April 2025 increased by 2.2%. The median list price of listings available in April 2025 was $334,464, while the average time on the real estate market was 83 days.

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

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