2301 Magnolia Drive, Panama City Beach, FL 32408 (MLS# 704540)

2301 Magnolia Drive, Panama City Beach, FL 32408

$700,000

Property Type: Residential Land Lot Size (sq. ft.): 52,272 Status: Sold

Current Price: $700,000 List Date: 11/14/2020 Last Modified: 6/04/2025

Overview

Description

VERY RARE OPPORTUNITY TO OWN A BAY FRONT HOMESITE – A property of this caliber becomes available very few times in a lifetime. This 1.2 acre parcel has a broad sloping bluff overlooking St. Andrew Bay. It has 150 feet of waterfront, is dotted with oak trees and is situated in a very quiet, well established neighborhood. This may be the moment to act on the dream of building your Bay front home.

Listing Details MLS# 704540

Contract Info

List Price/Acre: 666666.67

Location

Street #: 2301
Street Name: Magnolia
Street Suffix: Drive
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: Magnolia Estates
Community/Resort: None
Waterfront: Yes
Parcel ID: 31247-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From US Hwy. 98 turn South on Thomas Drive – Travel 2 miles to left on Magnolia Beach Road. Drive East on Magnolia Beach Road approximately 1 mile to left on Magnolia Drive (just before curve). Follow Magnolia Drive to property on left. Look for sign.
Legal Description: MAGNOLIA ESTATES 69D1 LOT 1 & 25' ADJ ON E SIDE ORB 194 P 373 ORB 188 P 192–ORB 1144 P 1626

General Property Info

Sub-Type: Residential Lots
Lot Dimensions: 150 x 349
Acreage: 1.2
Lot Size (SqFt): 52272
Beach Frontage: 150

Status Change Info

Under Contract Date: 2021-01-26
Sold Date: 2021-02-09
Sold Price/Acre: 583333.33

Waterfront Feature

Waterfront Feet: 150
Shore – Natural: Yes

Listing Info, Tax & Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 3428
Last Tax Year: 2019
Brokerage Interest: No Interest
As Is: Yes
Section: 10
Township: 4S
Range: 15W

More Information

Remarks & Misc

Remarks: VERY RARE OPPORTUNITY TO OWN A BAY FRONT HOMESITE – A property of this caliber becomes available very few times in a lifetime. This 1.2 acre parcel has a broad sloping bluff overlooking St. Andrew Bay. It has 150 feet of waterfront, is dotted with oak trees and is situated in a very quiet, well established neighborhood. This may be the moment to act on the dream of building your Bay front home.

Financing

Cash: Yes
Conventional: Yes

Lot Features

Near Public Boat Ramp: Yes
Restrictions: Yes
Waterfront: Yes

Lot Access

County Road: Yes
Paved Road: Yes

Present Zoning

Deed Restrictions: Yes
Resid Single Family: Yes

Utilities

Electricity – Connected: Yes
Internet – Broadband Available: Yes
Public Sewer Available: Yes
Water Available: Yes
Other – See Remarks: Yes

Waterview

Bay: Yes

Sale Type

As Is: Yes

Waterfront Type

Bay/Harbor: Yes

Property Features

Financing: Cash; Conventional Lot Access: County Road; Paved Road Lot Features: Near Public Boat Ramp; Restrictions; Waterfront Sale Type: As Is Utilities: Electricity – Connected; Internet – Broadband Available; Public Sewer Available; Water Available; Other – See Remarks Waterfront Type: Bay/Harbor Waterfront Feature: Shore – Natural Waterview: Bay Present Zoning: Deed Restrictions; Resid Single Family

Listing Office: Coldwell Banker Carroll Realty

Last Updated: June – 04 – 2025

Information deemed reliable but not guaranteed.