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    Historic Panama City Mixed-Use Property Title is generated by Realmo AI

    854 Magnolia Avenue, Panama City, FL 32401

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    Claim this Listing
    For Lease
    $5,000/Mo $35 SF/Yr (calc)

    Custom property on a half-acre lot, suitable for multiple uses.

    Type:Commercial
    Property size:
    1,708 SF
    Lot size:
    0.64 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    80
    Last Refresh:
    Apr 1 at 8:53 pm

    Property Features for 854 Magnolia Avenue

    General Information

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

    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

    HighLights

    • Mixed‑use zoning offers multiple commercial possibilities.
    • Large half‑acre lot (.636 acres) offers room for expansion.
    • Two large suites with private entrances, fireplaces, walk‑in closets, and custom bathrooms offer rental potential.
    • Completely remodeled with new kitchen, appliances, flooring, and interior walls.
    • Modern amenities including built‑in speakers, security system, and Nest system.
    • Prime location minutes from revitalized downtown Panama City.

    Overview

    This custom property is situated on a 0.636-acre lot in historic Panama City. The property features newly refinished wood floors and new interior tongue and groove pine walls, complemented by cathedral ceilings. Zoned for mixed-use, the property is suitable for multiple commercial uses, including offices, and can accommodate several tenants with its multiple entrances. Two large suites each feature gas fireplaces, walk-in closets, and custom bathrooms with tiled showers, and have private entrances. An additional room provides access to the third bathroom, located off the kitchen. The open living area includes a new kitchen with quartz countertops, high-end cabinetry, new stainless appliances, and under-cabinet lighting. A living area at the entry can serve as a waiting room, reception area, display, or presentation room. Modern amenities include built-in deluxe speakers, security, and Nest systems. The property is located within minutes of downtown Panama City, near new businesses, restaurants, shops, parks, boating, fishing, and events. The property offers room for additional structures, accessory dwelling units, equipment, storage, or additional parking. 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 includes some 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

    • Map
    • 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 half-acre lot, suitable for multiple uses.
    Where is this mixed-use property located?
    The property is located at 854 Magnolia Avenue Panama City, FL.
    What is the lease rate?
    The lease rate is $5,000 /Mo.
    What are key features of this property?
    This property features: Mixed‑use zoning offers multiple commercial possibilities.; Large half‑acre lot (.636 acres) offers room for expansion.; Two large suites with private entrances, fireplaces, walk‑in closets, and custom bathrooms offer rental potential.
    More about this property
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