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Sold for $257,000
  • $257,000

    802 Magnolia Ave, Panama City, FL 32401

    3beds
    1,950sqft
    Single Family Residence
    Built in 1945
    1.08 Acres Lot
    $256,200 Zestimate®
    $132/sqft
    $2,133 Estimated rent

    Home value

    $256,200

    $231,000 - $284,000

    $2,133/mo

    Zestimate® history
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    $1,686/mo

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    What's special

    Detached garageExpansive master suiteCorner lotOpen-concept kitchenLarge walk-in closetUpdated two-story brick home
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Hale 850-252-5227,

    ERA Neubauer Real Estate, Inc

    Bought with:

    Teri A Vega, SL3405163

    Salty Marlin Realty LLC

    Source: CPAR,MLS#: 773404MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 20 x 18
    Bedroom
    • Level: First
    • Dimensions: 14 x 13
    Bedroom
    • Level: First
    • Dimensions: 12 x 11
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Tankless Water Heater
    Interior area
    • Total structure area: 1,950
    • Total interior livable area: 1,950 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Porch, Screened
    • Exterior features: Porch
    Lot
    • Size: 1.08 Acres
    • Dimensions: 160 x 287
    Details
    • Additional structures: Workshop
    • Parcel number: 16719000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: [No Recorded Subdiv]
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $200,553
    • Annual tax amount: $3,462
    • Date on market: 6/24/2025
    • Cumulative days on market: 57 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/11/2025Sold$257,000-5.8%$132/sqft
    Source: CPAR #773404 Report a problem
    7/9/2025Pending sale$272,800$140/sqft
    Source: CPAR #773404 Report a problem
    7/2/2025Price change$272,800-4%$140/sqft
    Source: CPAR #773404 Report a problem
    6/24/2025Listed for sale$284,100$146/sqft
    Source: CPAR #773404 Report a problem
    6/17/2025Contingent$284,100$146/sqft
    Source: CPAR #773404 Report a problem
    6/13/2025Listed for sale$284,100$146/sqft
    Source: CPAR #773404 Report a problem
    6/5/2025Pending sale$284,100$146/sqft
    Source: CPAR #773404 Report a problem
    5/23/2025Price change$284,100-5%$146/sqft
    Source: CPAR #773404 Report a problem
    5/13/2025Listed for sale$299,000+86.9%$153/sqft
    Source: CPAR #773404 Report a problem
    4/24/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/19/2023Price change$2,075-1.2%$1/sqft
    Source: Zillow Rentals Report a problem
    4/3/2023Price change$2,100-2.3%$1/sqft
    Source: Zillow Rentals Report a problem
    3/16/2023Listed for rent$2,150$1/sqft
    Source: Zillow Rentals Report a problem
    12/8/2017Sold$160,000+88.2%$82/sqft
    Source: CPAR #656477 Report a problem
    12/12/2012Sold$85,000-70.7%$44/sqft
    Source: Public Record Report a problem
    5/31/2007Sold$290,000+65.7%$149/sqft
    Source: Public Record Report a problem
    5/11/2005Sold$175,000$90/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,462 +69.2%$200,553 +33.5%
    2023$2,046 +3.7%$150,199 +3%
    2022$1,974 $145,824
    2021-- --
    2020$1,885 +53.2%$139,622 +19.4%
    2019$1,231 $116,946 -14.2%
    2018$1,231 -15.7%$136,344 +24.3%
    2017$1,460 +39.7%$109,666 +0.1%
    2016$1,045 -39.9%$109,568 -0.6%
    2015$1,739 $110,282 -0.7%
    2014$1,739 $111,004 -0.6%
    2013-- $111,727 -12.9%
    2012-- $128,299 -1.2%
    2011-- $129,818 -0.6%
    2010-- $130,577 -0.6%
    2009-- $131,336 -27.4%
    2008-- $180,964 -24.5%
    2007-- $239,787 +30.9%
    2006-- $183,176 +232.8%
    2005-- $55,037 +3%
    2004-- $53,443 +1.9%
    2003-- $52,452 +3.5%
    2002-- $50,658 +1.6%
    2001-- $49,865 +0.1%
    2000-- $49,819
    Find assessor info on the county website

    Neighborhood: 32401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cherry Street
    • Middle: Jinks
    • High: Bay

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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