Magnolia Terrace Homes for Sale

Magnolia Terrace Homes for Sale

Welcome to Magnolia Terrace, a charming subdivision nestled in the heart of Panama City, Florida, in beautiful Bay County. This delightful community is renowned for its serene atmosphere, friendly neighbors, and picturesque surroundings, making it an ideal place for families, retirees, and anyone seeking a peaceful lifestyle.

Magnolia Terrace boasts a variety of homes for sale, each offering a unique blend of modern amenities and classic Southern charm. From cozy single-family residences to spacious multi-bedroom homes, there’s something for everyone in this inviting neighborhood. Many properties feature lush landscaping, open floor plans, and updated kitchens, perfect for entertaining family and friends. With homes often showcasing beautiful outdoor spaces, residents can enjoy the warm Florida sunshine in their own backyard oasis.

The subdivision is conveniently located near local schools, parks, and shopping centers, ensuring that everything you need is just a short drive away. The vibrant Panama City area offers a wealth of recreational activities, including stunning beaches, scenic parks, and a variety of dining options. Whether you’re exploring the natural beauty of St. Andrews State Park or enjoying a leisurely day at the beach, Magnolia Terrace is perfectly positioned to provide an exceptional lifestyle.

If you’re looking to find your dream home in a community that combines convenience, charm, and a welcoming spirit, look no further than Magnolia Terrace. Explore our homes for sale today and discover the perfect place to call home in this idyllic Florida neighborhood!

Newest Magnolia Terrace Homes for Sale

$320,000
6 Beds 2 Baths 794239 MLS
1148 Jenks Ave presents a unique opportunity in the heart of Panama City for an owner, investor, or entrepreneur looking to create a true live where you work property. Located just minutes from Downtown Panama City, this approximately 1,900-square-foot commercial property offers six existing offices, two bathrooms, ample on-site parking, and a flexible layout that lends itself well to a future residential and commercial mixed-use concept, subject to applicable zoning and approvals. Rather than commuting across town, imagine operating your business from the same property you call home. The existing configuration provides the ability to maintain dedicated professional office space while creating a private residential component, making this an especially attractive opportunity for business owners, professionals, investors, or entrepreneurs. Why 1148 Jenks Ave Stands Out Central Panama City Location Jenks Avenue provides convenient access to Downtown Panama City, major roadways, restaurants, professional services, and surrounding residential neighborhoods. It offers the accessibility of a commercial corridor while remaining close to the city's historic downtown core. Live Where You Work Potential The property's size and existing room configuration create an excellent foundation for a combined residence and workplace. A future owner could potentially create private living quarters while maintaining separate offices, meeting rooms, or client-facing business space. Six Existing Offices The existing six-office layout provides considerable flexibility. Spaces could be utilized for private offices, bedrooms, conference rooms, studios, treatment rooms, creative spaces, or other uses depending on the future design. Two Bathrooms Having two existing bathrooms provides another advantage when planning separate residential and business areas within the property. Income-Producing Property The building is currently tenant-occupied and generating income, giving an investor the ability to benefit from existing cash flow while considering future redevelopment or owner occupancy. Ample On-Site Parking Dedicated parking is a major benefit for any live/work property, particularly for an owner who intends to continue operating a professional business from the building. Flexible Long-Term Investment The property offers multiple potential paths: continue operating it as an income-producing commercial property, occupy it for your own business, or explore transforming it into a distinctive residential mixed-use property. Ideal for Entrepreneurs and Professionals This type of property could be particularly appealing to attorneys, real estate professionals, designers, accountants, consultants, medical or wellness professionals, creatives, or small-business owners who want their home and business operations under one roof. 1148 Jenks Ave is more than simply office space. It is an opportunity to create a unique urban live/work property in the center of Panama City, combining convenience, business functionality, income potential, and future flexibility in one location. Any residential conversion, mixed-use configuration, or change of use would be subject to applicable zoning, building-code requirements, and governmental approvals.

1148 Jenks Avenue, Panama City

Listing courtesy of Hitchcock Real Estate LLC.

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