Nestled in the heart of the highly sought-after Bunkers Cove neighborhood, this 3-bedroom, 2.5-bath home offers over 2,100 sq ft of comfortable living space. The spacious layout includes a large living room, a cozy family room, laminate flooring, and a commercial-grade gas stove-perfect for those who love to entertain. The oversized front patio features classic 1940s architectural details that add timeless curb appeal. A detached guest house offers 1 bedroom, 1 bath, a full kitchen, living area, laundry, and a screened porch that's ideal for extended family, guests, or rental income.
Enjoy the convenience of a circular driveway, alley access, and a prime location just minutes from downtown. Home needs repairs and is priced with that in mind and seller is motivated. A rare opportunity to own a piece of Bunkers Cove history.
Sold for $432,000
$432,000
515 Bunkers Cove Rd, Panama City, FL 32401
4beds
2,534sqft
Single Family Residence
Built in 1948
0.35 Acres Lot
$439,800 Zestimate®
$170/sqft
$2,847 Estimated rent
Home value
$439,800
$400,000 - $484,000
$2,847/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: December 02, 2025 at 03:39am
Listed by:
Melissa Walsh 850-890-9723,
CENTURY 21 Commander Realty
Bought with:
Kelley McGee, SL3559316
Coastal Choice Realty LLC
Source: CPAR,MLS#: 771933
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: all measurements are approximate
- Level: First
- Dimensions: 17.6 x 16.8
Bedroom
- Description: all measurements are approximate
- Level: First
- Dimensions: 17.1 x 14.1
Kitchen
- Description: all measurements are approximate
- Level: First
- Dimensions: 15.5 x 13.5
Living room
- Description: all measurements are approximate
- Level: First
- Dimensions: 24.2 x 18.6
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Gas Cooktop, Gas Oven
Interior area
- Total structure area: 2,534
- Total interior livable area: 2,534 sqft
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, Circular Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio, Covered, Porch
- Exterior features: Patio
- Fencing: Fenced,Privacy
Lot
- Size: 0.35 Acres
- Dimensions: 102 x 150
Details
- Additional structures: Guest House
- Parcel number: 21061000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City
- Subdivision: Bunkers Cove
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Sold | $432,000+3.6%$170/sqft |
Source:  CPAR #771933 Report a problem | ||
| 5/6/2025 | Pending sale | $417,000$165/sqft |
Source: CPAR #771933 Report a problem | ||
| 5/2/2025 | Price change | $417,000+4.3%$165/sqft |
Source: CPAR #771933 Report a problem | ||
| 4/14/2025 | Listed for sale | $399,900-11.1%$158/sqft |
Source: CPAR #771933 Report a problem | ||
| 7/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,151 -3% | $168,507 +3% |
| 2023 | $2,217 +43.7% | $163,599 +36.6% |
| 2022 | $1,543 | $119,761 |
Find assessor info on the county website
Neighborhood: 32401
Nearby schools
GreatSchools rating
- 5/10Merriam Cherry Street Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 2.8 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Cherry Street
- Middle: Jinks
- High: Bay
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$439,800
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$448,596
- Florida
- Bay County
- Panama City
- 32401
- 515 Bunkers Cove Rd