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1011 Grace Avenue, 
Panama City, FL 32401

$234,900


2

Beds


1

Bath


1,364

Sq Ft


Single Family

Active

Last updated:

October 21, 2025, 02:28 PM

MLS#

774433

Source:

FL BCMLS

Company Logo

About This Home

1011 Grace Avenue

✨ All the vintage charm of Grandma's house—only better! ✨ This MU-3 zoned property (multi-use zoning) offers residential and light commercial possibilities, making it the perfect opportunity for a live/work lifestyle. Lovingly restored, 1011 Grace Ave retains much of its original character, including the gorgeous heart-pine hardwood floors you'll spot in the photos. With thoughtful updates already completed, this property is ready for you to take it to the next level if you choose to make it your next home. Highlights include: MU-3 zoning: residential + light commercial use potential Ample parking in the front and rear with coveted alley access Flexible layout—convert to a primary residence, second home, or investment property with minor modifications. Room to expand toward the alley for added space or functionality Surrounded by new construction—an area on the rise! Much of the heavy lifting has already been done—now it's your chance to customize and make it your own. 💡 Seller is a licensed Realtor in the State of Florida. Much of the heavy lifting has been done on this property and it is ready for you to take it to the next level. This house is laid out perfectly to expand out to the back toward the alley. Ask your favorite lender about a FHA 203K or a Fannie Mae Homestyle renovation loan to make it perfect for you.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1933

Price Summary

234,900

$172 per Sq. Ft.

MLS #:

774433

Last Updated:

October 21, 2025, 02:28 PM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,364 Sq. Ft.


Structure

Structure

Architectural Style:

Bungalow

Building Area:

1,364 Sq. Ft.

Year Built:

1933


Lot

Lot Size (Sq. Ft):

8,276


Finances & Disclosures

Finances

Price:

$234,900

Price per Sq. Ft:

$172 per Sq. Ft.

1011 Grace Avenue
Source:FL BCMLS
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Central Panhandle Association Of REALTORS®. All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.