854 Magnolia Avenue, Panama City, FL 32401

New Listing
$825,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,708 Lot Size (sq. ft.): 27,704 Status: Active
Current Price: $825,000 List Date: 3/13/2026 Last Modified: 3/16/2026

Description

Welcome to this one-of-a-kind custom home on a huge half-acre lot in the heart of historic Panama City. This gorgeous home will surprise you with it’s superb craftsmanship and luxury materials, along 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. Two large master 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 guest bedroom has access to the 3rd bathroom, conveniently located right off the kitchen. The open living area with new kitchen will impress when entertaining, with sleek quartz countertops and high end kitchen cabinetry. New stainless appliances and under-cabinet lighting provide the finishing touches to this gorgeous kitchen. Modern amenities include Built-in deluxe speakers throughout the home, as well as security and Nest systems that convey. Giant yard is high and dry, with room to store ALL your toys. A large covered porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. Located within minutes to revitalized and booming downtown Panama City, with dozens of restaurants, shops, night spots, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next home, or investing in the future of Panama City, this property has room to add additional dwelling units, pool, parking, outbuildings, and so much more! With Mixed-Use Zoning, there are options for commercial use, live-work situations, 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 home can be negotiated. 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. Furnishings are negotiable.

More Information MLS# 786744

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 2872 Last Tax Year: 2025 Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 483.02 Status: Active List Date: 2026-03-06 List Price: $825,000 Current Price: $825,000

Location

Sub Area: 0203 – Bay – Central SW Community/Resort: None Waterfront: No Elementary School: Cherry Street Middle School: Jinks High School: Bay Directions: From Hwy 98, South on Harrison Ave, Left/East on 9th St. Property is on South East Corner of 9th St and Magnolia Ave. Area: 02 – Bay County – Central Street #: 854 Street Name: Magnolia Street Suffix: Avenue State: FL Zip Code: 32401 County: Bay Subdivision: No Named Subdivision Parcel ID: 16721-000-000 Legal 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

General Property Info

Acreage: 0.64 Design: Craftsman Style Lot Size (SqFt): 27704 Apx SqFt(Htd/Cooled): 1708 Construction Status: Construction Complete SqFt Source: Owner Measured Lot Dimensions: 100′ x 300′ New Construction: No Garage Y/N: No Pool: No Sub-Type: Detached Single Family Bedrooms: 3 Full Baths: 3 Total Baths: 3 Year Built: 1938

Remarks & Misc

Remarks: Welcome to this one-of-a-kind custom home on a huge half-acre lot in the heart of historic Panama City. This gorgeous home will surprise you with it’s superb craftsmanship and luxury materials, along 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. Two large master 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 guest bedroom has access to the 3rd bathroom, conveniently located right off the kitchen. The open living area with new kitchen will impress when entertaining, with sleek quartz countertops and high end kitchen cabinetry. New stainless appliances and under-cabinet lighting provide the finishing touches to this gorgeous kitchen. Modern amenities include Built-in deluxe speakers throughout the home, as well as security and Nest systems that convey. Giant yard is high and dry, with room to store ALL your toys. A large covered porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. Located within minutes to revitalized and booming downtown Panama City, with dozens of restaurants, shops, night spots, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next home, or investing in the future of Panama City, this property has room to add additional dwelling units, pool, parking, outbuildings, and so much more! With Mixed-Use Zoning, there are options for commercial use, live-work situations, 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 home can be negotiated. 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. Furnishings are negotiable.

Appliances

Dishwasher: 1 Disposal: 1 Ice Maker: 1 Microwave: 1 Oven – Gas: 1 Range – Gas: 1 Refrigerator: 1

Interior Features

Breakfast Bar: 1 Ceiling – Cathedral: 1 Fireplace: 1 Floor – Hardwood: 1 Lighting – Recessed: 1 Pull Down Stairs: 1

Construction/Siding

Wood/Frame: 1 Roof – Dimensional Shg: 1

Exterior

Fenced Privacy: 1 Patio Open: 1 Porch Covered: 1

Financing

Cash: 1 Conventional: 1

Furnished

Negotiable: 1

Kitchen

First: 1

Living Room

First: 1

Lot Features

Corner Lot: 1

Lot Access

City Street: 1 Paved Road: 1

Parking Features

Additional Parking: 1 Gravel: 1 RV Access/Parking: 1

Mstr Bath / Mstr Bdrm

MBath Shower Only: 1 MBed Walk-in Closet: 1

Present Zoning

Mixed Use: 1 Other – See Remarks: 1

Rooms

Bedroom: 1 Kitchen: 1 Living Room: 1

Showing

ShowingTime: 1

Utilities

TV Cable: 1 Electricity – Connected: 1 Natural Gas – Connected: 1 Public Sewer – Connected: 1 Public Water – Connected: 1

Sale Type

As Is: 1

Bedroom

First: 1

Cooling

Central Air: 1

Heating

Central: 1 Fireplace – Electric: 1

Security Features

Security System Owned: 1

Property Features

Appliances: Dishwasher; Disposal; Ice Maker; Microwave; Oven – Gas; Range – Gas; Refrigerator Bedroom: First Cooling: Central Air Heating: Central; Fireplace – Electric Exterior: Fenced Privacy; Patio Open; Porch Covered Financing: Cash; Conventional Furnished: Negotiable Kitchen: First Living Room: First Lot Features: Corner Lot Lot Access: City Street; Paved Road Security Features: Security System Owned Parking Features: Additional Parking; Gravel; RV Access/Parking Rooms: Bedroom; Kitchen; Living Room Sale Type: As Is Showing: ShowingTime Utilities: TV Cable; Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Public Water – Connected Present Zoning: Mixed Use; Other – See Remarks

Room Information

Living Room Level: First Dimensions: 13.5 x 16.5 Length: 13.50 Width: 16.50 Dimensions: 13.5 x 16.5 Kitchen Level: First Dimensions: 13.5 x 16 Length: 13.50 Width: 16.00 Dimensions: 13.5 x 16 Bedroom Level: First Dimensions: 13.5 x 19.5 Length: 13.50 Width: 19.50 Dimensions: 13.5 x 19.5 Bedroom Level: First Dimensions: 13.5 x 19.5 Length: 13.50 Width: 19.50 Dimensions: 13.5 x 19.5 Bedroom Level: First Dimensions: 11.5 x 13.5 Length: 11.50 Width: 13.50 Dimensions: 11.5 x 13.5
Listing Office: Keller Williams Success Realty
Last Updated: March – 16 – 2026
Information deemed reliable but not guaranteed.