854 Magnolia Avenue, Panama City, FL 32401
Local realty services provided by:Better Homes and Gardens Real Estate Historic
Listed by: dennis nelson
Office: keller williams success realty
MLS#:786744
Source:FL_BCMLS
Price summary
- Price:$775,000
- Price per sq. ft.:$453.75
About this home
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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Home facts
- Year built:1938
- Subdivision & Development:No Named Subdivision
- Listing ID #:786744
- Added:154 day(s) ago
- Updated:August 14, 2026 at 02:57 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:5
- Kitchen Description:Gas Oven, Gas Range, Ice Maker
- Living area:1,708 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1938
- Building area:1,708 sq. ft.
- Lot area:0.64 Acres
- Architectural Style:Craftsman
- Construction Materials:Wood Frame
- Exterior Features:Patio, Porch
Schools
- High school:Bay
- Middle school:Jinks
- Elementary school:Cherry Street
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$453.75
- Tax amount:$2,872 (2025)
Features and amenities
- Amenities:GasOven, GasRange, IceMaker, SecuritySystemOwned
Parking
- Parking description:Additional Parking, Gravel
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