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$269,900 Just Listed
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Property Description
Welcome to 315 Allen Avenue, a beautifully renovated Cove bungalow where timeless character, thoughtful modern updates, and the relaxed charm of coastal Panama City come together perfectly. Tucked beneath moss-draped oaks in a quiet corner near Massalina Bayou, this Craftsman-inspired home welcomes you with the unmistakable warmth of The Cove lifestyle. Just one block from the bayou and minutes from Historic Downtown Panama City, the location offers the perfect blend of peaceful neighborhood living and convenient access to waterfront walks, dining, shopping, and entertainment. Inside, you will be pleasantly surprised by the spacious, open layout. Oversized windows fill the home with natural light and beautifully showcase the original hardwood floors. The generous living and dining areas provide plenty of flexibility for comfortable everyday living, entertaining guests, or creating multiple conversation and seating spaces. A cozy room just off the main living area is ideal for a breakfast nook, home office, reading room, or coffee bar. The kitchen offers a delightful blend of vintage character and modern style, featuring elegant marble countertops, stainless steel appliances, a gas range, warm wood flooring, glass-front cabinetry, and plenty of space for preparing meals and gathering with family and friends. A versatile bonus room overlooking the tree-shaded backyard provides even more flexibility. With its own private entrance, this space could serve beautifully as a third bedroom, den, sunroom, home office, playroom, or guest retreat. The hardwood flooring continues into the spacious primary bedroom, which comfortably accommodates a king-size bed. The updated primary bathroom includes a shower with glass doors, private dressing area, and a large second closet with built in drawers creating a comfortable and functional retreat. A guest bedroom and renovated hall bathroom are conveniently located just off the main living areas. The home has been extensively updated over the years, including electrical, A/C system, plumbing, windows, roofing improvements, interior and exterior paint, and a rear sliding glass door, allowing you to enjoy the beauty and character of an older home with added comfort and peace of mind. Just steps from the home, the oversized detached garage and workshop offers exceptional storage and workspace. With both water and electricity already available, the building presents endless possibilities for hobbies, projects, a studio, home gym, or future guest space. The landscaped yard also features a well and irrigation system, making it easier to maintain the beautiful outdoor surroundings. The Cove is beloved for its tree-lined streets, bay views, golf-cart-friendly atmosphere, and strong sense of community. Take an evening stroll along the Cherry Street improvements, gather with neighbors to watch the sunset at the bayside railing, launch your boat or kayaks(2 included with the home!) at the marina, or head downtown to enjoy locally owned restaurants, boutique shopping, community events, and entertainment. Filled with warmth, character, and modern convenience, 315 Allen Avenue is more than a home, it is an opportunity to enjoy the authentic Cove lifestyle in one of Panama City's most treasured neighborhoods! Don't miss this opportunity!
Full Property Details
Full Property Details for 315 Allen Ave
General
- Price: $269,900
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 793012
- Updated: 7/22/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Main Level Primary, Shower Only
- Appliances: Electric Water Heater, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Covered, Porch
Parking
- Parking Features: Alley Access
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From Hwy 77 (Cove Blvd/MLK) head south into the Cove. Turn right on E 2nd Court. Turn right on Allen Ave. Home is down 2 blocks on the left.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available, High Speed Internet Available
Structural Information
- Architectural Style: Traditional
- Construction: HardiPlank Type
- Roof: Shingle
- Sq. Ft. Source: Appraiser
- Year Built: 1946
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: Bayou
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,920
- Lot Size: .18
- Lot Dimensions: 60.0 ft x 132.0 ft
- Frontage: City Street
- Lot Features: Paved
- Zoning: City, Resid Single Family
- Fencing (Description): Chain Link, Privacy
Water Features
- Water View: Yes
Financial Considerations
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: DAVIS PLAT LOT 6 BLK 1 ORB 4218 P 354 MAP 105C3
- Property ID: 20174-000-000
Listed by Counts Real Estate Group
Get Pre-Approved Today
Schools
Schools serving 315 Allen Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 0.7 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.5 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 315 Allen Ave
Date
Details
Price
Change
Source
7/22/2026
Listed
$269,900
33.61%
MLS
1/03/2020
Sold
$202,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 315 Allen Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,736
-2%
$236,538
2%
2024
$3,797
6%
$232,432
18%
2023
$3,576
18%
$196,684
14%
2021
$3,021
-4%
$173,230
-4%
2022
$3,138
4%
$179,536
46%
2021
$3,021
51%
$122,691
-1%
2019
$1,998
32%
$123,627
-14%
2016
$1,511
164%
$142,943
90%
2015
$573
2%
$75,373
1%
2014
$562
7%
$74,775
1%
2013
$524
—
$74,037
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 315 Allen Ave
315 Allen Avenue, Panama City, FL 32401 (MLS# 793012) is a Single Family property with 2 bedrooms and 2 full bathrooms. 315 Allen Avenue is currently listed for $269,900 and was received on July 22, 2026. Want to learn more about 315 Allen Avenue? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

