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$699,000 Just Listed
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Property Description
Welcome to 405 Hollis Avenue, a charming property located deep in the heart of The Cove, one of Panama City's most established and sought-after neighborhoods. Set just minutes from the Yacht Club, Downtown Panama City, and Holy Nativity School, this home offers a rare combination of character, quality construction, and flexible additional space, perfectly suited for comfortable everyday living and entertaining. Built solid with a concrete block construction, this home has been extensively and thoughtfully updated from top to bottom. Recent improvements include spray foam insulation under the home and at the roof decking, a new AC system with all new ductwork, all-new plumbing throughout the house, and all-new electrical. A tankless gas water heater and new lighting and plumbing fixtures round out a home that's been modernized for efficiency and peace of mind, while still holding onto the character that makes Cove homes so desirable. The main residence features 4 bedrooms and 2 bathrooms, anchored by a chef-ready kitchen finished with Taj Mahal quartz countertops, sleek matte white appliances, a natural gas cooktop, and a convenient butler's pantry. The owner's suite is a true retreat, featuring vaulted ceilings and rich hardwood oak flooring that carries the home's warm, established character throughout. Step outside and discover one of the property's standout features -- a private heated saltwater pool surrounded by a spacious backyard that's ready for summer afternoons, weekend gatherings, and outdoor entertaining year-round. Adding even more versatility is the separate 664-square-foot granny flat, featuring 2 bedrooms and 1 bathroom, its own washer/dryer hookup, and a private separate entrance. This additional space is ideal for visiting family and friends, a private home office, hobby space, rental income potential, or extended living accommodations. Situated in the heart of The Cove, 405 Hollis Avenue puts you just minutes from Downtown Panama City, St. Andrews Bay, the Yacht Club, Holy Nativity School, parks, restaurants, shopping, and waterfront activities. With a fully updated main home, private heated saltwater pool, and a separate 664-square-foot granny flat all on one property, this is a unique opportunity to enjoy one of Panama City's most beloved neighborhoods. Come experience the character, craftsmanship, and lifestyle that make 405 Hollis Avenue a special place to call home.
Full Property Details
Full Property Details for 405 Hollis Ave
General
- Price: $699,000
- Taxes: $2,762 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 794270
- Updated: 8/18/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Double Vanity, Main Level Primary, Separate Shower
- Fireplace: Yes
- Fireplace(s): Gas
- Appliances: Gas Range, Gas Water Heater, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Gas Heat, In Ground, Salt Water, Private
Exterior
- Exterior Features: Fire Pit
Location
- County: Bay
- Subdivision: Gregory Plat
- Driving Directions: Head south toward Bunkers Cove Road. Continue onto Bunkers Cove Rd. Turn onto MacArthur Ave. Turn onto Hollis Ave. Continue to 405 Hollis Ave.
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, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Craftsman
- Construction: Brick, HardiPlank Type
- Sq. Ft. Source: Appraiser
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size: .2
- Lot Dimensions: 75.0 ft x 118.0 ft
- Frontage: City Street
- Fencing (Description): Fenced, Privacy
Financial Considerations
- Tax Amount: $2,762.84
- Tax Year: 2025
Disclosures and Reports
- Legal Description: GREGORY PLAT LOT 4 & W 25' LOT 5 BLK 4 ORB 4640 P 1873
- Property ID: 25668-000-000
Listed by Think Real Estate
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Schools
Schools serving 405 Hollis 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 | 2.8 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.6 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 405 Hollis Ave
Date
Details
Price
Change
Source
8/18/2026
Listed
$699,000
197.45%
MLS
11/02/2022
Sold
$235,000
—
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 405 Hollis Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,431
—
$207,465
5%
2024
$3,431
-5%
$198,526
-3%
2023
$3,593
124%
$203,892
65%
2021
$1,606
-2%
$123,493
-3%
2022
$1,645
2%
$127,198
9%
2021
$1,606
-15%
$116,848
—
2019
$1,884
21%
$116,529
14%
2018
$1,551
1%
$102,439
—
2017
$1,534
-2%
$102,372
—
2016
$1,569
-1%
$102,305
2%
2015
$1,589
1%
$100,773
—
2014
$1,576
8%
$100,775
—
2013
$1,458
—
$100,715
—
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 405 Hollis Ave
405 Hollis Avenue, Panama City, FL 32401 (MLS# 794270) is a Single Family property with 4 bedrooms and 2 full bathrooms. 405 Hollis Avenue is currently listed for $699,000 and was received on August 18, 2026. Want to learn more about 405 Hollis 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.

