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$5,000
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Property Description
Welcome to this one-of-a-kind custom property on a huge half-acre lot in the heart of historic Panama City. Superb craftsmanship and luxury materials 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. Mixed-Used zoning allows for multiple commercial uses including offices. With multiple entrances it can be diverse for several tenants. Two large 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 room has access to the 3rd bathroom, conveniently located right off the kitchen. The open living area with new kitchen will impress your clients, with sleek quartz countertops and high end kitchen cabinetry. New stainless appliances and under-cabinet lighting provide the finishing touches to this gorgeous kitchen. A living area immediately upon entry can serve as a waiting room, reception area, display, or presentation room. Modern amenities include Built-in deluxe speakers throughout the home, as well as security and Nest systems that convey. With .636 acres of high and dry land, there's room for more structures, accessory dwelling units, equipment, storage, or additional parking. Located within minutes to revitalized and booming downtown Panama City, with dozens of new businesses, restaurants, shops, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next business location, or investing in the future of Panama City, this property has room to add a pool, parking, outbuildings, and so much more! Also offered for sale. An additional concrete patio was prepared, but not yet finished. See pictures for similar design. Alterations to the property can be negotiated including necessary improvements for your business: parking areas, fencing, accessibility features (ramp), etc. 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. Offered for Lease at $5,000.00 Monthly NNN for 5 year minimum. Longer leases are negotiable.
Full Property Details
Full Property Details for 854 Magnolia Ave
General
- Price: $5,000
- Status: Active
- Type: Commercial Lease
- Source: Bay_County
- MLS ID: 786745
- Updated: 3/13/2026
- Added to Site: 8 day(s) ago
Interior
- Flooring: Hardwood
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From Hwy 98, South on Harrison Ave, Left/East on 9th St. Property is on South East Corner of 9th St and Magnolia Ave.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Air Conditioning: Yes
Structural Information
- Roof: Shingle
- Year Built: 1938
Lot Features
- Frontage: City Street
- Zoning: Other - See Remarks
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 4 4S 14W-261-69A BEG AT INT SEC OF S LI OF 9TH ST & E LI OF MAGNOLIA AV TH S 100' E 150' N 100' W 150' TO BEG ORB 4655 P 896
- Property ID: 16721-000-000
Listed by Keller Williams Success Realty
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Schools
Schools serving 854 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 | 0.7 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 854 Magnolia Ave
Date
Details
Price
Change
Source
3/13/2026
Listed
$5,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 854 Magnolia Ave
854 Magnolia Avenue, Panama City, FL 32401 (MLS# 786745) is a Commercial Lease property. 854 Magnolia Avenue is currently listed for $5,000 and was received on March 13, 2026. Want to learn more about 854 Magnolia Avenue? Do you have questions about finding other Commercial Lease 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.

