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854 Magnolia Avenue
Panama City, FL 32401

$825,000 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths:
Sq Feet Icon SQFT (H&C): 1,708
MLS Icon MLS# 786746

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 Features

MLS#: 786746
Zip: 32401
Subdivision:
Development: 0203 - Bay - Central Sw
Property Type: Commercial - Office
Days on Site: 32
Heating: Central, Electric
Lot Size: 0.64 acres
Roof Type: Shingle
Year Built: 1938
SQFT (H&C): 1,708

Feature Descriptions

Flooring: Hardwood
Parcel#: 16721-000-000

Local Schools

High School: Bay
Middle School: Jinks
Elementary School: Cherry Street

854 Magnolia Avenue | MLS# 786746

This commercial property located at 854 Magnolia Avenue , Panama City, FL 32401 is currently listed for sale with an asking price of $825,000. Search Panama City real estate on aripka.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Success Realty

Shown By

Agent Name: Audrey Ripka
Agent Phone: (850) 814-4870
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/15/2026. The listing information on this page last changed on 04/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/15/2026 12:29:13 AM EST) or Emerald Coast MLS (last updated Wed 04/15/2026 12:05:28 AM EST) or Central Panhandle Association of Realtors (last updated Wed 04/15/2026 12:27:18 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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