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For sale
Office Units
FL
Panama City
32401
854 Magnolia Avenue

Mixed-Use Office Property

854 Magnolia Avenue Panama City, FL 32401

For Sale

$775,000

SINGLE_FAMILY - Panama City, FL

Type:Office

Property size:

1,708 SF

Lot size:

0.64 Acres

Price / SF:

$453/SF

For Sale

$775,000

SINGLE_FAMILY - Panama City, FL

Type:Office

Property size:

1,708 SF

Lot size:

0.64 Acres

Price / SF:

$453/SF

Added:: Mar 6, 2026
Days on Market:: 128
Last Refresh:: Jul 12 at 8:06 am

Property Features for 854 Magnolia Avenue

General Information

Property type: Residential
Property subtype: Office
Standard status: Active
APN: 16721-000-000
Size: 1,708 SF
Lot size: 0.64 Acres

Taxes and HOA fees

Tax 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

Utilities

Heating system: Central, Electric (Heating)

Building Details

Year built: 1938
Flooring type: Hardwood
Roof type: Shingle

Listing agent Dennis Nelson License #SL3379289

Listing office Keller Williams Success Realty 7923 Panama City Beach Pkwy, Panama City Beach, FL

Listing date Mar 6, 2026

MLS# 786746

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Remodeled custom office/mixed-use property at 854 Magnolia Avenue offering a distinctive interior with newly refinished wood floors, new interior tongue and groove pine walls, and cathedral ceilings. The layout includes two large suites, each with a gas fireplace, walk-in closet, and custom bathroom with tiled shower, and each with a private entrance for accessibility or future tenant use. An additional room provides access to a third bathroom conveniently located off the kitchen. An entry living area can function as a waiting, reception, display, or presentation space. Modern upgrades include built-in deluxe speakers throughout, along with security and Nest systems that convey.

Set on a .64-acre lot described as high and dry, the property supports flexible expansion and planning for additional structures, accessory dwelling units, equipment, storage, or additional parking. The listing notes that alterations for business needs can be negotiated, including parking areas, fencing, and accessibility improvements such as a ramp. An additional concrete patio was prepared but not yet finished.

Also offered as a commercial lease with NNN terms and a 5-year minimum per the remarks.

Key Highlights

0.636‑acre property on high‑and‑dry land with room for additional structures, accessory dwelling units, equipment, storage, and parking
Built in 1938 with newly refinished hardwood floors and new interior tongue‑and‑groove pine walls plus cathedral ceilings
Mixed‑use zoning supports multiple commercial uses, including offices, with multiple entrances for diverse tenant setups

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

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For sale
Office Units
FL
Panama City
32401
854 Magnolia Avenue

What type of property is this?

Office units - Remodeled custom property on a 0.64-acre lot with mixed-use flexibility and multiple entrances, including two suite setups.

Where is this office units located?

The property is located at 854 Magnolia Avenue Panama City, FL.

What is the asking price?

The asking price for this property is $775,000.

What are key features of this property?

This property features: 0.636‑acre property on high‑and‑dry land with room for additional structures, accessory dwelling units, equipment, storage, and parking; Built in 1938 with newly refinished hardwood floors and new interior tongue‑and‑groove pine walls plus cathedral ceilings; Mixed‑use zoning supports multiple commercial uses, including offices, with multiple entrances for diverse tenant setups

854 Magnolia Avenue Panama City, FL 32401

SINGLE_FAMILY - Panama City, FL

Property Features for 854 Magnolia Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Three-Building Flex and Industrial Campus

Versatile Commercial Property in Panama City

Veterinary Clinic Facility

Six-Unit Income Producing Property

Income-Producing Multi-Family Panama City

Auto Shop with Service Bays

Turnkey Office Building with Private Rooms

Waterfront Multifamily Property with Boat Slips

Turnkey Vacation Rental Duplex

Assisted Living/Healthcare Building

Prime Commercial Panama City Location

Turnkey Income-Producing Investment Opportunity

FAQs