854 Magnolia Avenue, Panama City, FL 32401

Other
NZD $1,021,600
USD $575,000
Published on: 14 Mar 2026
Last updated on: 20 Oct 2026
854 Magnolia Avenue, Panama City, FL 32401
854 Magnolia Avenue, Panama City, FL 32401
854 Magnolia Avenue, Panama City, FL 32401
+55
854 Magnolia Avenue, Panama City, FL 32401
  • 55
Property ID: 110106343314
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CommercialSale, Panama City, FL

854 Magnolia Avenue, Panama City, FL 32401
Welcome to this one-of-a-kind custom property on a huge half-acre lot in the heart of historic Panama City. Superb craftsmanship and luxury materials with unique details you have to see to believe. Classic style with newly refinished wood floors, and all new interior tongue and groove pine walls, with cathedral ceilings. Mixed-Used zoning allows for multiple commercial uses including offices. With multiple entrances it can be diverse for several tenants. Two large suites are each complimented by cozy gas fireplaces, walk-in closets, and custom bathrooms with tiled showers. Each have private entrances for accessibility, or future rental capabilities. An additional room has access to the 3rd bathroom, conveniently located right off the kitchen. The open living area with new kitchen will impress your clients, with sleek quartz countertops and high end kitchen cabinetry. New stainless appliances and under-cabinet lighting provide the finishing touches to this gorgeous kitchen. A living area immediately upon entry can serve as a waiting room, reception area, display, or presentation room. Modern amenities include Built-in deluxe speakers throughout the home, as well as security and Nest systems that convey. With .636 acres of high and dry land, there's room for more structures, accessory dwelling units, equipment, storage, or additional parking. Located within minutes to revitalized and booming downtown Panama City, with dozens of new businesses, restaurants, shops, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next business location, or investing in the future of Panama City, this property has room to add a pool, parking, outbuildings, and so much more! Also offered as a commercial lease. An additional concrete patio was prepared, but not yet finished. See pictures for similar design. Alterations to the property can be negotiated including necessary improvements for your business: parking areas, fencing, accessibility features (ramp), etc. All appliances, including HVAC and Water Heaters, are within 3 years old and warrantied. This entire home has been remodeled by quality contractors and is like new, with some original touches kept for historic and aesthetic value. Also offered for Lease at $5,000.00 Monthly NNN for 5 year minimum. Longer leases are negotiable.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
2,589.99 m2
Building Size
158.68 m2
Year Built
1938
County
Bay
Parcel ID
16721-000-000
Provider
Central Panhandle Association of REALTORS
Subdivision
No Named Subdivision
Brokerage Office Name
Keller Williams Success Realty
Brokerage Office Phone
(850) 249-0313
Neighbourhoods
No Named Subdivision
Address
854 Magnolia Avenue, Panama City, FL 32401

Nearby Schools

TypeSchool nameDistrict name
HighBayNot available
ElementaryCherry StreetNot available
MiddleJinksNot available
JuniorhighJinksNot available
Contact Agent
Dennis Nelson
Keller Williams Success Realty
7923 Panama City Beach Pkwy , Panama City Beach, FL 32407
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Dennis Nelson
7923 Panama City Beach Pkwy , Panama City Beach, FL 32407
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      Property ID: 110106343314

      Original Property ID: 3yd-BCARFL-786746
      Data provided by Central Panhandle Association of REALTORS, MLS #: 786746
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      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.