$825,000
854 Magnolia Avenue
Panama City, FL 32401
MLS# 786744
3 beds  |  3 baths  |  1708 sqft

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Property Description
Welcome to this one-of-a-kind custom home on a huge half-acre lot in the heart of historic Panama City. This gorgeous home will surprise you with it's superb craftsmanship and luxury materials, along with unique details you have to see to believe. Classic style with newly refinished wood floors, and all new interior tongue and groove pine walls, with cathedral ceilings. Two large master suites are each complimented by cozy gas fireplaces, walk-in closets, and custom bathrooms with tiled showers. Each have private entrances for accessibility, or future rental capabilities. An additional guest bedroom has access to the 3rd bathroom, conveniently located right off the kitchen. The open living area with new kitchen will impress when entertaining, with sleek quartz countertops and high end kitchen cabinetry. New stainless appliances and under-cabinet lighting provide the finishing touches to this gorgeous kitchen. Modern amenities include Built-in deluxe speakers throughout the home, as well as security and Nest systems that convey. Giant yard is high and dry, with room to store ALL your toys. A large covered porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. Located within minutes to revitalized and booming downtown Panama City, with dozens of restaurants, shops, night spots, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next home, or investing in the future of Panama City, this property has room to add additional dwelling units, pool, parking, outbuildings, and so much more! With Mixed-Use Zoning, there are options for commercial use, live-work situations, and so much more! Also offered as a commercial lease. An additional concrete patio was prepared, but not yet finished. See pictures for similar design. Alterations to the home can be negotiated. All appliances, including HVAC and Water Heaters, are within 3 years old and warrantied. This entire home has been remodeled by quality contractors and is like new, with some original touches kept for historic and aesthetic value. Furnishings are negotiable.

Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2872
Last Tax Year: 2025
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 483.02
Status: Active
List Date: 2026-03-06
List Price: $825,000
Current Price: $825,000
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From Hwy 98, South on Harrison Ave, Left/East on 9th St. Property is on South East Corner of 9th St and Magnolia Ave.
Area: 02 - Bay County - Central
Street #: 854
Street Name: Magnolia
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 16721-000-000
Legal Description: 4 4S 14W-261-69A BEG AT INT SEC OF S LI OF 9TH ST & E LI OF MAGNOLIA AV TH S 100' E 150' N 100' W 150' TO BEG ORB 4655 P 896
General Property Info
Acreage: 0.64
Design: Craftsman Style
Lot Size (SqFt): 27704
Apx SqFt(Htd/Cooled): 1708
Construction Status: Construction Complete
SqFt Source: Owner Measured
Lot Dimensions: 100' x 300'
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 3
Full Baths: 3
Total Baths: 3
Year Built: 1938
Remarks & Misc
Remarks: Welcome to this one-of-a-kind custom home on a huge half-acre lot in the heart of historic Panama City. This gorgeous home will surprise you with it's superb craftsmanship and luxury materials, along with unique details you have to see to believe. Classic style with newly refinished wood floors, and all new interior tongue and groove pine walls, with cathedral ceilings. Two large master suites are each complimented by cozy gas fireplaces, walk-in closets, and custom bathrooms with tiled showers. Each have private entrances for accessibility, or future rental capabilities. An additional guest bedroom has access to the 3rd bathroom, conveniently located right off the kitchen. The open living area with new kitchen will impress when entertaining, with sleek quartz countertops and high end kitchen cabinetry. New stainless appliances and under-cabinet lighting provide the finishing touches to this gorgeous kitchen. Modern amenities include Built-in deluxe speakers throughout the home, as well as security and Nest systems that convey. Giant yard is high and dry, with room to store ALL your toys. A large covered porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. Located within minutes to revitalized and booming downtown Panama City, with dozens of restaurants, shops, night spots, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next home, or investing in the future of Panama City, this property has room to add additional dwelling units, pool, parking, outbuildings, and so much more! With Mixed-Use Zoning, there are options for commercial use, live-work situations, and so much more! Also offered as a commercial lease. An additional concrete patio was prepared, but not yet finished. See pictures for similar design. Alterations to the home can be negotiated. All appliances, including HVAC and Water Heaters, are within 3 years old and warrantied. This entire home has been remodeled by quality contractors and is like new, with some original touches kept for historic and aesthetic value. Furnishings are negotiable.
Appliances
Dishwasher: 1
Disposal: 1
Ice Maker: 1
Microwave: 1
Oven - Gas: 1
Range - Gas: 1
Refrigerator: 1
Interior Features
Breakfast Bar: 1
Ceiling - Cathedral: 1
Fireplace: 1
Floor - Hardwood: 1
Lighting - Recessed: 1
Pull Down Stairs: 1
Construction/Siding
Wood/Frame: 1
Roof - Dimensional Shg: 1
Exterior
Fenced Privacy: 1
Patio Open: 1
Porch Covered: 1
Financing
Cash: 1
Conventional: 1
Furnished
Negotiable: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Corner Lot: 1
Lot Access
City Street: 1
Paved Road: 1
Parking Features
Additional Parking: 1
Gravel: 1
RV Access/Parking: 1
Mstr Bath / Mstr Bdrm
MBath Shower Only: 1
MBed Walk-in Closet: 1
Present Zoning
Mixed Use: 1
Other - See Remarks: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Showing
ShowingTime: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Natural Gas - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Sale Type
As Is: 1
Bedroom
First: 1
Cooling
Central Air: 1
Heating
Central: 1
Fireplace - Electric: 1
Security Features
Security System Owned: 1
Property Features
Appliances: Dishwasher; Disposal; Ice Maker; Microwave; Oven - Gas; Range - Gas; Refrigerator
Bedroom: First
Cooling: Central Air
Heating: Central; Fireplace - Electric
Exterior: Fenced Privacy; Patio Open; Porch Covered
Financing: Cash; Conventional
Furnished: Negotiable
Kitchen: First
Living Room: First
Lot Features: Corner Lot
Lot Access: City Street; Paved Road
Security Features: Security System Owned
Parking Features: Additional Parking; Gravel; RV Access/Parking
Rooms: Bedroom; Kitchen; Living Room
Sale Type: As Is
Showing: ShowingTime
Utilities: TV Cable; Electricity - Connected; Natural Gas - Connected; Public Sewer - Connected; Public Water - Connected
Present Zoning: Mixed Use; Other - See Remarks
Room Information
Room Name Level Dimensions Length Width
Living RoomFirst13.5 x 16.513.5016.50
KitchenFirst13.5 x 1613.5016.00
BedroomFirst13.5 x 19.513.5019.50
BedroomFirst13.5 x 19.513.5019.50
BedroomFirst11.5 x 13.511.5013.50

Listing Office: Keller Williams Success Realty

Last Updated: March - 16 - 2026

Information deemed reliable but not guaranteed.