854 Magnolia Avenue, Panama City, FL 32401 (MLS# 786745)

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Property Description
Welcome to this one-of-a-kind custom property on a huge half-acre lot in the heart of historic Panama City. Superb craftsmanship and luxury materials 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. Mixed-Used zoning allows for multiple commercial uses including offices. With multiple entrances it can be diverse for several tenants. Two large 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 room has access to the 3rd bathroom, conveniently located right off the kitchen. The open living area with new kitchen will impress your clients, with sleek quartz countertops and high end kitchen cabinetry. New stainless appliances and under-cabinet lighting provide the finishing touches to this gorgeous kitchen. A living area immediately upon entry can serve as a waiting room, reception area, display, or presentation room. Modern amenities include Built-in deluxe speakers throughout the home, as well as security and Nest systems that convey. With .636 acres of high and dry land, there's room for more structures, accessory dwelling units, equipment, storage, or additional parking. Located within minutes to revitalized and booming downtown Panama City, with dozens of new businesses, restaurants, shops, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next business location, or investing in the future of Panama City, this property has room to add a pool, parking, outbuildings, and so much more! Also offered for sale. An additional concrete patio was prepared, but not yet finished. See pictures for similar design. Alterations to the property can be negotiated including necessary improvements for your business: parking areas, fencing, accessibility features (ramp), etc. 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. Offered for Lease at $5,000.00 Monthly NNN for 5 year minimum. Longer leases are negotiable.

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