Commercial and residential zoning! Step into a lifestyle where history meets modern comfort in this century-old gem located in downtown Panama City. Just a short stroll to boutique shops, dining, bars, and entertainment, this historic home also offers easy access to hospitals, schools, and two marinas! Featuring a durable newer metal roof, teak wood porch decking, storm windows, a workshop and separate shed, this home combines charm with resilience. Inside, you'll find a tankless gas water heater, stainless steel kitchen appliances, original heart pine floors, coffered ceilings, a clawfoot tub, and a spacious slate shower in the owner's bath. Sitting on two parcels totaling 0.4 acres, this property offers a rare mix of unique character and convenience. Don't miss this unique opportunity!