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854 Magnolia Avenue Panama City, FL 32401

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For Sale
$825,000

Custom property on a large lot in historic Panama City.

Property size:
1,708 SF
Lot size:
0.64 Acres
Added:
Mar 13, 2026
Days on Market:
20
Last Refresh:
Mar 16 at 11:02 am

Property Features for 854 Magnolia Avenue

General Information

Standard status
Active
Size
1,708 SF
Lot size
0.64 Acres

Building Details

Year Built
1938

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Listing Contact
DENNIS NELSON
DENNIS NELSON

Listing agent DENNIS NELSON License #SL3379289

Listing office KELLER WILLIAMS SUCCESS REALTY

Listing date Mar 13, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS SUCCESS REALTY


Overview

Historic Panama City Mixed-Use Property

This custom property is located on a 0.636-acre lot in historic Panama City. The mixed-use zoning allows for multiple commercial uses, including offices, and the property has multiple entrances suitable for several tenants. The property features newly refinished wood floors and new interior tongue and groove pine walls, with cathedral ceilings. Two large suites each include gas fireplaces, walk-in closets, and custom bathrooms with tiled showers, and each has a private entrance. An additional room has access to a third bathroom located off the new kitchen. The open living area includes sleek quartz countertops, high-end kitchen cabinetry, new stainless appliances, and under-cabinet lighting. A living area upon entry can serve as a waiting room, reception area, display, or presentation room. Modern amenities include built-in deluxe speakers, security, and Nest systems. There is room for additional structures, accessory dwelling units, equipment, storage, or additional parking. Located within minutes of downtown Panama City, the area is abundant with parks, boating, fishing, events, and ongoing improvements. A concrete patio has been prepared, but not yet finished. All appliances, including HVAC and water heaters, are within 3 years old and warrantied. The 1,708 square foot home has been remodeled and retains original touches for historic and aesthetic value. Alterations to the property can be negotiated including necessary improvements for your business: parking areas, fencing, accessibility features (ramp), etc.
Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.6586243
Latitude
30.164051

FAQs

What type of property is this?
Mixed-use property - Custom property on a large lot in historic Panama City.
Where is this mixed-use property located?
The property is located at 854 Magnolia Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Mixed‑Use Zoning: Ideal for commercial use, offices, or multiple tenants.; Large Half‑Acre Lot: Offers ample space for additional structures.; Prime Location: Minutes from revitalized downtown Panama City.
More about this property
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