854 Magnolia Avenue, Panama City, FL 32401 (MLS# 786744)

List Price/SqFt: 453.75

Status: Active

List Date: 2026-03-06

List Price: $775,000

Current Price: $775,000

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

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

HOA Fee: No

New Buyer Fee: No

Last Taxes: 2872

Last Tax Year: 2025

Brokerage Interest: No Interest

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.

Dishwasher: 1

Disposal: 1

Ice Maker: 1

Microwave: 1

Oven - Gas: 1

Range - Gas: 1

Refrigerator: 1

Breakfast Bar: 1

Ceiling - Cathedral: 1

Fireplace: 1

Floor - Hardwood: 1

Lighting - Recessed: 1

Pull Down Stairs: 1

Wood/Frame: 1

Roof - Dimensional Shg: 1

Fenced Privacy: 1

Patio Open: 1

Porch Covered: 1

Cash: 1

Conventional: 1

Negotiable: 1

First: 1

First: 1

Corner Lot: 1

City Street: 1

Paved Road: 1

Additional Parking: 1

Gravel: 1

RV Access/Parking: 1

MBath Shower Only: 1

MBed Walk-in Closet: 1

Mixed Use: 1

Other - See Remarks: 1

Bedroom: 1

Kitchen: 1

Living Room: 1

ShowingTime: 1

TV Cable: 1

Electricity - Connected: 1

Natural Gas - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

Central Air: 1

Central: 1

Fireplace - Electric: 1

Security System Owned: 1