1011 Grace Avenue, Panama City, FL 32401 (MLS# 774433)

HOA Fee: No

New Buyer Fee: No

Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.

As Is: Yes

List Price/SqFt: 153.96

Status: Active

List Date: 2025-06-04

List Price: $209,999

Current Price: $209,999

Sub Area: 0203 - Bay - Central SW

Community/Resort: None

Waterfront: No

Elementary School: Cherry Street

Middle School: Jinks

High School: Bay

Directions: 11th St heading east, right on Grace. Property on the right

Area: 02 - Bay County - Central

Street #: 1011

Street Name: Grace

Street Suffix: Avenue

State: FL

Zip Code: 32401

County: Bay

Subdivision: [No Recorded Subdiv]

Parcel ID: 18110-000-000

Legal Description: 5 4S 14W -76- 29B BEG 100' N OF INTERSECT OF N R/W OF 10TH ST & W R/W GRACE AV N 60' W 140' S 60' E 140' TO POB ORB 4857 P 2379 *The Description above is not to be used on legal documents.

Acreage: 0.19

Design: Bungalow

Lot Size (SqFt): 8400

Apx SqFt(Htd/Cooled): 1364

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 1

Lot Dimensions: 60 x 140

New Construction: No

Garage Y/N: No

Driveway Spaces: 7

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 2

Full Baths: 1

Total Baths: 1

Year Built: 1933

Remarks: ✨ All the vintage charm of Grandma's house—only better! ✨ This MU-3 zoned property (multi-use zoning) offers residential and light commercial possibilities, making it the perfect opportunity for a live/work lifestyle. Lovingly restored, 1011 Grace Ave retains much of its original character, including the gorgeous heart-pine hardwood floors you'll spot in the photos. With thoughtful updates already completed, this property is ready for you to take it to the next level if you choose to make it your next home. Highlights include: MU-3 zoning: residential + light commercial use potential Ample parking in the front and rear with coveted alley access Flexible layout—convert to a primary residence, second home, or investment property with minor modifications. Room to expand toward the alley for added space or functionality Surrounded by new construction—an area on the rise! Much of the heavy lifting has already been done—now it's your chance to customize and make it your own. 💡 Seller is a licensed Realtor in the State of Florida

First: 1

First: 1

Microwave: 1

Refrigerator: 1

Floor - Hardwood: 1

Floor - Vinyl: 1

Lighting - Recessed: 1

Roof - Dimensional Shg: 1

Siding - Stucco: 1

Porch Covered: 1

Conventional: 1

Lease Option: 1

Unfurnished: 1

First: 1

Survey Available: 1

Alley: 1

City Street: 1

Alley Access: 1

Driveway: 1

Gravel: 1

Mixed Use: 1

Bedroom: 1

Family Room: 1

Kitchen: 1

Office: 1

Electricity - Connected: 1

Internet - Broadband Available: 1

Public Sewer - Connected: 1

Accessible Entrance: 1

As Is: 1

First: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1