1011 Grace Avenue, Panama City, FL 32401
Local realty services provided by:Better Homes and Gardens Real Estate Historic
1011 Grace Avenue,Panama City, FL 32401
$234,999
- 2 Beds
- 1 Baths
- 1,364 sq. ft.
- Single family
- Active
Listed by: janis l boatright
Office: coldwell banker realty
MLS#:774433
Source:FL_BCMLS
Price summary
- Price:$234,999
- Price per sq. ft.:$172.29
About this home
✨ All the vintage charm of Grandma's house—only better! ✨
This MU-3 zoned property (multi-use zoning) offers residential and light commercial possibilities, making it the perfect opportunity for a live/work lifestyle.
Lovingly restored, 1011 Grace Ave retains much of its original character, including the gorgeous heart-pine hardwood floors you'll spot in the photos. With thoughtful updates already completed, this property is ready for you to take it to the next level if you choose to make it your next home.
Highlights include:
MU-3 zoning: residential + light commercial use potential
Ample parking in the front and rear with coveted alley access
Lease option possib;e
Flexible layout—convert to a primary residence, second home, or investment property with minor modifications.
Room to expand toward the alley for added space or functionality
Surrounded by new construction—an area on the rise!
Much of the heavy lifting has already been done—now it's your chance to customize and make it your own.
💡 Seller is a licensed Realtor in the State of Florida.
Leas option possible Much of the heavy lifting has been done on this property and it is ready for you to take it to the next level. This house is laid out perfectly to expand out to the back toward the alley. Ask your favorite lender about a FHA 203K or a Fannie Mae Homestyle renovation loan to make it perfect for you.
Contact an agent
Home facts
- Year built:1933
- Listing ID #:774433
- Added:150 day(s) ago
- Updated:November 11, 2025 at 03:41 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,364 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central, Electric
Structure and exterior
- Year built:1933
- Building area:1,364 sq. ft.
- Lot area:0.19 Acres
Schools
- High school:Bay
- Middle school:Jinks
- Elementary school:Cherry Street
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$234,999
- Price per sq. ft.:$172.29
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