1011 Grace Ave Panama City, FL 32401

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' 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 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 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.