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$375,000 Just Listed
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Property Description
Discover the versatility of this beautifully updated multi-use property in a convenient downtown Panama City location! Zoned for both residential and commercial use, this property offers the flexibility to accommodate a variety of business or living arrangements. Recent renovations include fresh paint in a neutral color palette, new interior trim and doors, recessed lighting, and an updated kitchenette featuring granite countertops and new cabinetry. Originally built in 1941, the 1,498-square-foot building blends character with modern updates and offers a functional, adaptable layout. Situated on a 0.16-acre lot with parking available in both the front and rear, along with handicap access, the property is ideally positioned near the downtown business district and just one block from Harrison Avenue. Whether you're seeking professional office space, a business location, or a property to make your own as a residence, this unique opportunity offers flexibility, convenience, and potential in an established Panama City location.
Full Property Details
Full Property Details for 834 Grace Ave
General
- Price: $375,000
- Status: Active
- Type: Office
- Source: Bay_County
- MLS ID: 796775
- Updated: 10/20/2026
- Added to Site: 1 day(s) ago
Location
- County: Bay
- Subdivision: Gulf Coast Dev Co Plat
- Driving Directions: From 15th St, travel South on Jenks Ave. Left on 9th St. Right on Grace Ave. Bldg is on the East side of Grace Ave between 8th & 9th St.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Construction: Vinyl Siding, Wood Frame
- Roof: Metal
- Stories/Levels: 1
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Size: .16
- Zoning: Office/Prof
Disclosures and Reports
- Legal Description: GULF COAST DEV CO LOT 22 BLK 40 ORB 3711 P 1875
- Property ID: 19953-000-000
- Lot Number: 22
Listed by Gillman Group Realty
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Schools
Schools serving 834 Grace Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.5 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 0.6 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 834 Grace Ave
Date
Details
Price
Change
Source
10/20/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 834 Grace Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,622
69%
$166,046
87%
2024
$1,550
-14%
$88,807
-6%
2023
$1,799
11%
$94,371
8%
2022
$1,625
—
$87,371
2%
2021
$1,628
35%
$85,936
15%
2019
$1,206
-12%
$74,583
-17%
2018
$1,368
12%
$89,520
10%
2017
$1,220
-2%
$81,382
—
2016
$1,248
4%
$81,382
7%
2015
$1,204
-1%
$76,342
-2%
2014
$1,218
6%
$77,872
-2%
2013
$1,146
—
$79,178
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 834 Grace Ave
834 Grace Avenue, Panama City, FL 32401 (MLS# 796775) is a Office property. 834 Grace Avenue is currently listed for $375,000 and was received on October 20, 2026. Want to learn more about 834 Grace Avenue? Do you have questions about finding other Office 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.

