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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 Sale
    $825,000

    SINGLE_FAMILY - Panama City, FL

    Type:Office
    Property size:
    1,708 SF
    Lot size:
    0.64 Acres
    Price / SF:
    $483/SF
    Added:
    Mar 6, 2026
    Days on Market:
    69
    Last Refresh:
    May 14 at 4:06 pm

    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
    Electric (Heating), Central

    Building Details

    Year built
    1938
    Flooring type
    Hardwood
    Roof type
    Shingle

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    Listing Contact
    Dennis Nelson
    Dennis Nelson

    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.

    HighLights

    • Mixed‑Use zoning allows for multiple commercial uses and tenant possibilities.
    • Large half‑acre lot (.636 acres) offers room for expansion, additional structures, parking, or accessory dwelling units.
    • Two large suites with private entrances, gas fireplaces, walk‑in closets, and custom bathrooms offer flexibility for rental income or separate business spaces.
    • Completely remodeled with new kitchen featuring quartz countertops, high‑end cabinetry, and stainless steel appliances.
    • Located minutes from revitalized downtown Panama City with new businesses, restaurants, and activities.
    • Modern amenities including built‑in speakers, security system, and Nest system.

    Overview

    This custom property is situated on a 0.64-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, it accommodates multiple commercial uses, including offices, and is designed to potentially house several tenants with multiple entrances. Two large suites feature gas fireplaces, walk-in closets, and custom bathrooms with tiled showers, each with private entrances. An additional room provides access to a 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. The entry living area can function as a waiting room, reception area, display, or presentation space. Modern amenities include built-in deluxe speakers, security, and Nest systems. The property's location is within minutes of downtown Panama City, near new businesses, restaurants, shops, parks, and boating and fishing areas. The property offers room for additional structures, accessory dwelling units, equipment, storage, or additional parking. An unfinished concrete patio has been prepared. All appliances, including HVAC and water heaters, are less than 3 years old and warrantied. The 1,708 square foot home has been remodeled, retaining original touches for historic and aesthetic value. The property is also offered for lease.
    Property Profile Insight Report 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
    -85.658533
    Latitude
    30.163982

    FAQs

    What type of property is this?
    Office units - Custom property on a large lot, suitable for multiple commercial uses.
    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 $825,000.
    What are key features of this property?
    This property features: Mixed‑Use zoning allows for multiple commercial uses and tenant possibilities.; Large half‑acre lot (.636 acres) offers room for expansion, additional structures, parking, or accessory dwelling units.; Two large suites with private entrances, gas fireplaces, walk‑in closets, and custom bathrooms offer flexibility for rental income or separate business spaces.
    More about this property
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