For sale Home

Listed Mar 6, 2026

$575,000 Est. $3,803/mo

854 Magnolia Avenue

  • 3

    Beds

  • 3

    Baths

  • 1,708

    Sq ft

The story

  • Pool

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.

Facts & features

Home type

Home

Year built

1938

Lot size

1 acres

Price per sq ft

$337

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Air

  • Heating

    Central, Fireplaces

  • Appliances

    Gas Oven, Gas Range, Ice Maker

  • Roof

    Shingle

  • Lot Information

    Paved

  • Exterior

    Patio

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$3,803 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,060
  • Property tax $575
  • Insurance $168

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Keller Williams Success Realty

Broker Name

Keller Williams Success Realty

Agent

Dennis Nelson

Location

Panama City Beach FL 32407