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About This Home

This 3-bedroom, 3-bathroom single family at 854 Magnolia Avenue in Panama City, FL is listed for $825,000 ($483 per sqft). Built in 1938, the home offers 1,708 sqft of living space on a 0.64 acres lot.

Agent 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.

Key Features

  • Built in 1938
  • 0.64 acre lot
  • Fireplace

Property Details

3 full
1938

Amenities

FireplaceA/CRV Parking

Monthly Cost Estimate

$4,412/mo

20% down · 6.5% · 30 years

Principal$597
Interest$3,575
Insurance$241

Estimates only. Actual payments may vary.

Location

854 Magnolia Avenue

Panama City, FL 32401

No Named Subdivision

Features & Amenities

Exterior Features

Patio

Property Details

Construction

WoodFrame

Pool Features

PorchPatio

Parking

RV

Heating

Fireplace(s)Central

Cooling

Central Air

Appliances

GasOvenGasRangeIceMaker

Questions & Answers

This 3-bedroom, 3-bathroom single family at 854 Magnolia Avenue is listed at $825,000 ($483/sqft). The estimated monthly payment is $3,575 based on 20% down at 6.5% interest.

Key features include: Built in 1938, 0.64 acre lot, Fireplace. Exterior Features: Patio.

This property is listed by Dennis Nelson and can be reached at 8503488262 or D_Nelson@kw.com.

DN

Dennis Nelson

Agent at Keller Williams Success Realty

(850) 348-8262

Listed by Keller Williams Success Realty · View on Broker Site

MLS# 786744· Source: listhub· Updated 87 days ago

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.

854 Magnolia Avenue, Panama City, FL 32401

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