Remarks

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSWelcome to 802 Magnolia Avenue, sitting on a generous 1 acre corner lot in the heart of Panama City's historic district. Plus a 600 Sq ft heated and cooled detached garage w half bathroom. Would make a perfect space for a Doctor's or Law office. 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. There are a few soft spots in the living room floor where the subfloor would need replacing. With Recent price reduction house is 'as-is'.. 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!

Details

MLS#: 774327
Price: $284,100

Style: Office
Year Built: 1945

County: Bay
Subdivision: [no Recorded Subdiv]
Lot Size: 160x287

School Elementary: Cherry Street
School Middle: Jinks
School High: Bay