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$257,000
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Property Description
Welcome to 802 Magnolia Avenue, solid rental history of $2,150 a month. This updated two-story brick home nestled on a generous 1 acre corner lot in the heart of Panama City's historic district. Built in 1945, this 1,950 sq ft residence seamlessly blends classic charm with modern upgrades, offering 3 spacious bedrooms and 2 bathrooms. Plus a 600 Sq ft heated and cooled detached garage with half bath. The home features a bright, open-concept kitchen equipped, ample cabinetry, and a central island with breakfast bar-perfect for entertaining. The expansive master suite boasts a large walk-in closet accessible from both the bedroom and the en-suite bathroom. Seller has invested $40,000 with Alpha Foundations on 5/7/25 to repair the foundation. Alpha offers a 3 yr warranty, transferable to new buyer and the opportunity to extend the warranty beyond. Engineering Report available. The subfloor still needs attention/ replacing. Situated just minutes from downtown Panama City, residents enjoy proximity to local shops, dining, entertainment and nearby schools. Experience the perfect blend of historic elegance and modern convenience at 802 Magnolia Avenue. The property's MU-2 zoning offers flexible use options, making it ideal for various lifestyle needs!
Full Property Details
Full Property Details for 802 Magnolia Ave
General
- Sold For: $257,000
- Taxes: $3,462 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 773404
- Added to Site: 207 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Electric Oven, Tankless Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: North on 98 Right on hwy 77, right on E 11th, left on Magnolia Ave home will be on your left.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Architectural Style: Ranch
- Construction: Brick
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1945
Additional Structures
- Other Structures: Workshop
Lot Features
- Lot Size (Acres): 1.08
- Lot Size (Sq. Ft.): 46,871
- Lot Size: 1.08
- Lot Dimensions: 160 x 287
Financial Considerations
- Tax Amount: $3,462
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 4 4S 14W -259- 69A BEG 315' S OF NW COR OF SW1/4 OF SW1/4 TH E 150' S 12.15' TH E 14.06' S 274.85' W 164.06' N 287' TO POB ORB 3962 P 991
- Property ID: 16719-000-000
Listed by ERA Neubauer Real Estate, Inc
Sold by Salty Marlin Realty LLC
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Schools
Schools serving 802 Magnolia Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.4 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 0.8 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 802 Magnolia Ave
Date
Details
Price
Change
Source
8/11/2025
Sold
$257,000
-5.79%
MLS
7/02/2025
Price Reduced
$272,800
-3.98%
MLS
5/23/2025
Price Reduced
$284,100
-4.98%
MLS
5/13/2025
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
802 Magnolia Avenue, Panama City, FL 32401 (MLS# 773404) is a Single Family property that was sold at $257,000 on August 11, 2025. Want to learn more about 802 Magnolia Avenue? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

