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854 Magnolia Avenue

Panama City, FL 32401
  • $650,000
  • STATUS: Active
  • ON SITE: 209 Days
  • MLS #: 786744
UPDATED: 197 min ago
$650,000
  • 3
    BEDS
  • 0.64
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,708
    SQFT
  • $381
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1938
County:
Bay

School Information

Elementary School:
Middle School:
High School:
Bay

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.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2026-10-09T00:03:57.873.
www.revrealtyflorida.com/homes/174056528
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854 Magnolia Avenue Panama City, FL 32401

  • Price: $650,000
  • Status: Active
  • On Site: 209 Days
  • Updated: 197 min ago
  • MLS #: 786744
3
Beds
3
Baths
0
½ Baths
0.64
Acres
1,708
SQFT
$381
$/SQFT
1938
Built
Neighborhood:
No Named Subdivision
County:
Bay
Area:
Bay County-Central
Elementary School:
Cherry Street
Middle School:
Jinks
High School:
Bay
Property 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.
Exterior Features

Architectural Style Craftsman Attached Garage YN No Construction Materials Wood Frame Exterior Features Patio Fencing Privacy Garage YN No Lot Features Paved Patio And Porch Features Patio Covered Porch Pool Features Other See Remarks Road Frontage Type City Street Roof Shingle

Interior Features

Appliances Gas Oven Gas Range Ice Maker Cooling Central Air Cooling YN Yes Fireplace Features Electric Fireplace YN Yes Heating Central Fireplace(s) Heating YN Yes Interior Features Shower Only Walk- In Closet(s) Parking Features Additional Parking Gravel RV Access / Parking Rooms Bedroom (First Level) Bedroom (First Level) Bedroom (First Level) Kitchen (First Level) Living Room (First Level)

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 100' x 300' New Construction YN No Occupant Type Vacant Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Security Features Security System Owned Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 2872 Tax Year 2025 Utilities Cable Connected Waterfront YN No

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Keller Williams Success Realty: 850-249-0313. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2026-10-09T00:03:57.873.
 
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