NOT LISTED FOR SALE

514 Magnolia Ave Panama City, FL 32401

Downtown Neighborhood

Estimated Value: $65,116 - $329,000

-- Bed
-- Bath
2,000 Sq Ft
$117/Sq Ft Est. Value

About This Home

As of May 2014

Office space available in historic downtown Panama City. Building features shared reception area, law library/conference room, copy room, kitchen area. Two adjoining office available for $425 each. The entire building can be leased for $1500. Convenient to court house. All utilities are divided equally among the tenants(water, electric, gas, pest, security, cleaning, lawn).

Last Agent to Rent the Property

Greg Carroll

Carroll Realty Prop Mgt Inc License #0528888 Listed on: 01/28/2014

Last Renter's Agent

Greg Carroll

Carroll Realty Prop Mgt Inc License #0528888 Listed on: 01/28/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $783

Year Built

  • Built in 1981

Lot Details

  • 6,360

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$783

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Commercial Lease
  • Year Built: 1981
  • Property Sub Type: Other
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: CommercialLease
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial
  • Living Area: 2000.0

Exterior Features

  • Construction Type: Brick Veneer

Utilities

  • Utilities: Sewer Available, Water Available
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Green Building Features: Kitchen Facilities, Private Restrooms
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2025
Sold by
Bonney & Associates Pa
Bought by
Gestor Capital Partners Llc
Current Estimated Value
$234,372

Purchase Details

Closed on
Feb 14, 2019
Sold by
Fitzpatrick Kimberly and Pell Kilmberly F Pellandroberta
Bought by
Bonney & Assn Pa

Purchase Details

Closed on
Apr 2, 2013
Sold by
Tucker Richard A
Bought by
Fitzpatrick Kimberly and Goldflies David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,098
Interest Rate
10%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gestor Capital Partners Llc $100 Dhi Title
Bonney & Assn Pa $35,000 Attorney
Fitzpatrick Kimberly $75,000 Omega Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fitzpatrick Kimberly $76,098
Previous Owner Fitzpatrick Kimberly F $88,500
Previous Owner Pell Robert A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $1,500 -- --
05/01/2014 05/01/14 Rented $1,500 0.0% --
05/01/2014 05/01/14 Under Contract -- -- --
01/28/2014 01/28/14 For Rent $1,500 -- --
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $783 $32,795 -- --
2023 $783 $33,408 $33,408 $0
2022 $704 $27,104 $0 $0
2021 $658 $24,640 $0 $0
2020 $616 $22,400 $22,400 $0
2019 $429 $22,400 $22,400 $0
2018 $1,464 $80,723 $0 $0
2017 $1,531 $85,107 $0 $0
2016 $1,560 $85,107 $0 $0
2015 $1,740 $92,691 $0 $0
2014 $1,717 $92,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2014

    Greg Carroll

    Carroll Realty Prop Mgt Inc

    (850) 872-8200

    8 Total Sales

    Greg Carroll
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 616633

Central Panhandle Association of REALTORS®

APN: 19756-000-000

Florida Bay County Panama City 32401 Downtown

514 Magnolia Ave, Panama City, FL

This home is located at 514 Magnolia Ave, Panama City, FL 32401 since 28 January 2014 and is currently priced at $234,372. This property was built in 1981. 514 Magnolia Ave is a home located in Bay County with nearby schools including Merriam Cherry Street Elementary School, Jinks Middle School, and Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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