4508 Magnolia Beach Rd

Panama City Beach, FL 32408

$1,150,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Prime development opportunity in Panama City! This residential development site comes with engineered plans and a completed development order for multiple detached single-family homes. The property has already gone through the development order process with engineered plans that include road layout, drainage, utilities, and lot configuration, significantly reducing the time and cost required for a developer to move forward with construction. The proposed subdivision features a private internal roadway...Prime development opportunity in Panama City! This residential development site comes with engineered plans and a completed development order for multiple detached single-family homes. The property has already gone through the development order process with engineered plans that include road layout, drainage, utilities, and lot configuration, significantly reducing the time and cost required for a developer to move forward with construction. The proposed subdivision features a private internal roadway (Grand Magnolia Drive) with a total of 15 residential home sites designed for detached single-family residences. Located just minutes from the bay and surrounded by established neighborhoods and new residential development, this property offers an excellent opportunity for builders, developers, or investors looking for a ready-to-move-forward project in a rapidly growing area. Conveniently located near shopping, dining, schools, and major roadways while still offering a quiet residential setting. Development order and engineering plans available upon request. Buyer to verify all measurements, zoning, development details, and feasibility if important.
  1. Listed by Justin Cater LLC • EXP Realty LLC

Property Details for 4508 Magnolia Beach Road

Waterfront
No
Subdivision Name
No Named Subdivision
Zoning Description
Resid Single Family
LISTING UPDATED: 03/05/2026 10:01 AM

Property Details for 4508 Magnolia Beach Road

StatusActive
MLS #786238
Days on Market35
Taxes$5,975 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeOther
MLS TypeResidential / Residential / Land
Year Built-
Lot Size2.10 AC / 91,476 SF
CountyBay County
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Location

Listing Courtesy of EXP Realty LLC
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Building Information for 4508 Magnolia Beach Road

Stories-Residences-Year Built-Lot Size2.10 AC / 91,476 SF

Payment Calculator

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$6,289 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,791

Property Taxes

$498

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4508 Magnolia Beach Road

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Take a right onto 4508 MAGNOLIA BEACH RD off Thomas Drive and go down and property will be on your left.
  • State Region: FL
  • Postal Code: 32408
  • Latitude: 30.15902
  • Longitude: -85.728958
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0319 - Beach - East
Taxes and HOA Information
  • Parcel Number: 31235-010-000
  • Association: No
  • Tax Annual Amount: $5,975.00
  • Tax Legal Description: 10 4S 15W -9.10- 69D1 COM NE COR OF SECS TH S 903' W 50' S 264.38' FOR POB TH W 460 SLY 183.49' SELY 339.70' SELYB 77.89' NLY 101.83' N 50' ELY 50' NLY 102.65' TO POB LESS RD R/WS *AND* COM AT SE COR OF SE COR GOVT LOT 7 W 100' FOR POB N 50' E 22.14' SWLY 75.63' N 21.31' TO POB ORB 1635 P 1256 ORB 1635 P 1260 ORB 2394 P 2113
  • Tax Year: 2025
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Property
Lot Information
  • Lot Size Acres: 2.1
  • Lot Size Area: 2.1
  • Lot Size Dimensions: Irregular
  • Lot Size Units: Acres
  • Lot Size Square Feet: 91302.0
Property and Assessments
  • Human Modified: No
Utilities
  • Utilities: Sewer Available
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet

Property History for 4508 Magnolia Beach Road

DateEvent & SourcePriceAppreciation
Mar 4, 2026

Listed (Active)

CPAR #786238

$1,150,000—
Nov 15, 2023

Sold (Public Record)

Public Record #1522992571

$425,000

+3.0% / yr

Apr 30, 2023

Expired

CPAR #731191

$999,000—
Apr 29, 2023

Expired

CPAR #731190

$999,000—
Oct 13, 2022

Price Change

CPAR #731190

$1,100,000—
Aug 22, 2022

Listed (Active)

CPAR #731191

$1,200,000—
Aug 21, 2022

Listed (Active)

CPAR #731190

$1,200,000—
Sep 22, 2007

Expired

CPAR #350546

$1,499,000—
Sep 22, 2007

Expired

CPAR #343662

$1,499,000—
Dec 22, 2005

Listed (Active)

CPAR #350546

$1,590,000—
Dec 22, 2005

Listed (Active)

CPAR #343662

$1,590,000—
Feb 6, 2004

Sold (Public Record)

Public Record #129963678

$237,500—
DateEvent & SourcePrice
03/04/2026

Listed (Active)

CPAR #786238

$1,150,000
11/15/2023

Sold (Public Record)

Public Record #1522992571

$425,000

+3.0% / yr

04/30/2023

Expired

CPAR #731191

$999,000
04/29/2023

Expired

CPAR #731190

$999,000
10/13/2022

Price Change

CPAR #731190

$1,100,000
08/22/2022

Listed (Active)

CPAR #731191

$1,200,000
08/21/2022

Listed (Active)

CPAR #731190

$1,200,000
09/22/2007

Expired

CPAR #350546

$1,499,000
09/22/2007

Expired

CPAR #343662

$1,499,000
12/22/2005

Listed (Active)

CPAR #350546

$1,590,000
12/22/2005

Listed (Active)

CPAR #343662

$1,590,000
02/06/2004

Sold (Public Record)

Public Record #129963678

$237,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4508 Magnolia Beach Road

Taxable ValueLand$500,438Additions-Total$500,438
Tax Record2025$5,975 ($498 / month)
Home Facts
Beds0Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories1Lot Size91,302 SqFtStyleMiscellaneous Vacant LandYear Built1979ZoningBC15CountyBAYAPN31235-010-000

Schools near 4508 Magnolia Beach Road

This home is within Bay.
Rating
School
Type
Grades
Distance
Surfside Middle School
Public - PK to 12
Patronis Elementary School
Public - K to 5
J.R. Arnold High School
Public - 9 to 12
St. Andrew School
Public - PK to 5
Rating
School
Distance
Surfside Middle School
PublicPK to 12

Patronis Elementary School
PublicK to 5

J.R. Arnold High School
Public9 to 12

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4508 Magnolia Beach Road, Panama City Beach, FL 32408

4508 Magnolia Beach Road is for sale in Panama City Beach, FL 32408. This property was listed for sale on March 4, 2026 by EXP Realty LLC, it's currently listed at $1,150,000. It has been on the market for a total of 35 days and was last sold on November 15, 2023. This listing's school district is Bay. Nearby schools include Surfside Middle School, Patronis Elementary School and J.R. Arnold High School. 4508 Magnolia Beach Road is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.