941 Grace Ave Panama City, FL 32401

This exceptional 0.4-acre property, located at 941 Grace Avenue in Panama City, Florida, presents a unique investment opportunity. The 1924 home boasts a blend of historic charm and modern conveniences. Zoned for both commercial and residential use, this property offers significant flexibility. The main house features original heart of pine floors, coffered ceilings, and a clawfoot bathtub, complemented by modern updates including a tankless gas water heater and stainless steel kitchen appliances. Exterior features include a metal roof, solid teak wood porch decking, and Storm Breaker Plus windows. The property's prime location places it within walking distance of downtown Panama City's vibrant shopping, dining, and entertainment scene, as well as hospitals, schools, and two marinas. The two parcels comprising the 17,424 square foot lot provide ample space for various uses. This property's unique combination of historical character, modern amenities, and strategic location makes it an exceptional investment opportunity in the heart of Panama City, Florida. The asking price is $585,000. The zip code is 32401.