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802 Magnolia Avenue, Panama City, FL 32401

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For Sale
Sale Pending

$272,800

3 beds • 2 baths • 1,950 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $139.90
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 773404

Courtesy Of Neubauer Real Estate, Inc. ERA

(850) 872-3434

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Ceiling Fan
  • Appliances
    Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Architecture Style
    Ranch
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Lot Size
    1.08 Acres

Map and Directions

Directions to 802 Magnolia Avenue, Panama City, FL 32401

Home seller CENTURY 21 Commander Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Commander Realty, Inc.

(850) 769-8326
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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