3202 Magnolia Islands Boulevard, Panama City, FL 32408
$1,150,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
3,800
Lot Size (sq. ft.):
20,038
Status:
Sold
Current Price:
$1,275,000
List Date:
9/07/2024
Last Modified:
6/30/2025
Description
OPEN HOUSE – Friday 11am to 2pm.
Welcome to Preserve on the Bay, a gated community on Panama City Beach and discover luxury living at its finest in this stunning home ideally located on Magnolia Islands Blvd. Recently renovated in 2021, this exquisite property offers unparalleled craftsmanship and exceptional amenities.
This home features 4 spacious bedrooms, office and five bathrooms. Step into comfort with two bedrooms conveniently located on the first floor, including a master suite that boasts expansive closets and a spa-like bathroom.
Experience the epitome of culinary excellence in the gourmet kitchen, equipped with professional-grade appliances to include Sub Zero fridge, Wolf stovetop, Bosch double wall oven. Furthermore custom cabinetry, top-of-the-line granite countertops, and an elegant wine cooler. The open-concept design encourages a flowing connection between the kitchen and living spaces, perfect for entertaining.
The interior is adorned with all-new flooring, combining rich hardwoods and high-end marble for a look of modern sophistication. Advanced features such as a whole-house generator, spray foam insulation, Sonos sound system, all wall mounted TV’s, Blink cameras, security system and instant-on hot water ensure year-round comfort and efficiency. Top all that off with a 50” home safe. Step outside to a screened, enclosed pool that invites relaxation and entertainment. The space is complemented by a professional-grade outdoor kitchen that includes a 48” Fire Magic gas grill with 2 side burners, 2 refrigerators, perfect for hosting gatherings in style. Additionally, the heated and cooled 3 car garage provides a versatile area suitable for hobbies, a fitness room, or extra storage. Living in The Preserve on the Bay not only means having a beautiful home but also enjoying the security and privacy of a gated community. This home is a true haven for those aspiring to a blend of comfort, style, and functionality.
Embrace the opportunity to own a slice of paradise in one of Panama City’s most sought after neighborhood. Perfect for discerning buyers seeking a high-quality, move-in ready home, this property promises a lifestyle of luxury and tranquility. Call today for a private viewing..
More Information MLS# 756814
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 1475
HOA Frequency: Annually
HOA Annual Amount: 1475
New Buyer Fee: Yes
New Buyer Fee Amt: 1500
Last Taxes: 8035
Last Tax Year: 2023
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 335.53
Status: Sold
List Date: 2024-05-08
List Price: $1,275,000
Current Price: $1,150,000
Location
Sub Area: 0319 – Beach – East
Community/Resort: Preserve on the Bay
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Heading west from the Hathaway bridge turn left onto Thomas Dr. Continue for approx 2 miles then turn left onto Magnolia Beach Rd. Head straight for approx 2 miles then turn left into The Preserve. Take the first right at both roundabouts. Continue straight for approx half a mile then turn right onto Magnolia Islands Blvd. The house will be on the right.
Area: 03 – Bay County – Beach
Street #: 3202
Street Name: Magnolia Islands
Street Suffix: Boulevard
State: FL
Zip Code: 32408
County: Bay
Subdivision: Preserve On The Bay Ph III-A
Parcel ID: 31365-792-000
Legal Description: PRESERVE ON THE BAY PH III-A LOT 192 ORB 4346 P 1046
General Property Info
Acreage: 0.46
Design: Contemporary
Lot Size (SqFt): 20038
Apx SqFt(Htd/Cooled): 3800
Construction Status: Construction Complete
SqFt Source: Owner Measured
Lot Dimensions: 185X72X146X183
New Construction: No
Garage Y/N: Yes
Garage Spaces: 3
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 5
Total Baths: 5
Year Built: 2003
Remarks & Misc
Remarks: OPEN HOUSE – Friday 11am to 2pm.
Welcome to Preserve on the Bay, a gated community on Panama City Beach and discover luxury living at its finest in this stunning home ideally located on Magnolia Islands Blvd. Recently renovated in 2021, this exquisite property offers unparalleled craftsmanship and exceptional amenities.
This home features 4 spacious bedrooms, office and five bathrooms. Step into comfort with two bedrooms conveniently located on the first floor, including a master suite that boasts expansive closets and a spa-like bathroom.
Experience the epitome of culinary excellence in the gourmet kitchen, equipped with professional-grade appliances to include Sub Zero fridge, Wolf stovetop, Bosch double wall oven. Furthermore custom cabinetry, top-of-the-line granite countertops, and an elegant wine cooler. The open-concept design encourages a flowing connection between the kitchen and living spaces, perfect for entertaining.
The interior is adorned with all-new flooring, combining rich hardwoods and high-end marble for a look of modern sophistication. Advanced features such as a whole-house generator, spray foam insulation, Sonos sound system, all wall mounted TV’s, Blink cameras, security system and instant-on hot water ensure year-round comfort and efficiency. Top all that off with a 50” home safe. Step outside to a screened, enclosed pool that invites relaxation and entertainment. The space is complemented by a professional-grade outdoor kitchen that includes a 48” Fire Magic gas grill with 2 side burners, 2 refrigerators, perfect for hosting gatherings in style. Additionally, the heated and cooled 3 car garage provides a versatile area suitable for hobbies, a fitness room, or extra storage. Living in The Preserve on the Bay not only means having a beautiful home but also enjoying the security and privacy of a gated community. This home is a true haven for those aspiring to a blend of comfort, style, and functionality.
Embrace the opportunity to own a slice of paradise in one of Panama City’s most sought after neighborhood. Perfect for discerning buyers seeking a high-quality, move-in ready home, this property promises a lifestyle of luxury and tranquility. Call today for a private viewing..
Status Change Info
Sold Price/SqFt: 302.63
Sold Price/Acre: 2500000
Under Contract Date: 2024-10-27
Sold Date: 2024-11-18
Sold Price: $1,150,000
Dining Room
First: 1
Office
First: 1
Pool Features
Fenced: 1
Gunite Concrete: 1
Screened In: 1
Appliances
Dishwasher: 1
Disposal: 1
Oven – Gas: 1
Range – Gas: 1
Range Hood: 1
Refrigerator: 1
Water Heater – Tankless: 1
Wine Refrigerator: 1
Interior Features
Bookcases: 1
Ceiling – Crwn Molding: 1
Fireplace: 1
Floor – Hardwood: 1
Floor – Marble: 1
Split Bedroom: 1
Construction/Siding
Brick: 1
Foundation – Slab on Grade: 1
Roof – Dimensional Shg: 1
Exterior
Built-in Barbecue/Grill: 1
Fenced Back Yard: 1
Summer Kitchen: 1
Pool: 1
Porch Covered: 1
Porch Screened: 1
Renovated: 1
Sprinkler System: 1
Association Fees Include
Gated Community: 1
Management: 1
Master Association: 1
Trash Disposal: 1
Financing
Cash: 1
Conventional: 1
Furnished
Unfurnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Corner Lot: 1
Covenants: 1
Cul-De-Sac: 1
Subdivision – Recorded: 1
Restrictions: 1
Lot Access
Comm/Own/Maint: 1
Gated Access: 1
Paved Road: 1
Parking Features
Garage Attached: 1
Oversized: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBath Walk-In Closet: 1
MBed Sitting Area: 1
Present Zoning
County: 1
Resid Single Family: 1
Rooms
Bedroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Office: 1
Utilities
All Utilities: 1
TV Cable: 1
Electricity – Connected: 1
Natural Gas – Connected: 1
Public Sewer – Connected: 1
Water Connected: 1
Public Water – Connected: 1
Underground Utilities: 1
Master Bedroom
First: 1
Bedroom
First: 1
Second: 1
Cooling
Electric: 1
Heat Pump: 1
Mini-Split/Ductless: 1
Multi Units: 1
Heating
Electric: 1
Security Features
24 Hour Security: 1
See Remarks: 1
Property Features
Appliances: Dishwasher; Disposal; Oven – Gas; Range – Gas; Range Hood; Refrigerator; Water Heater – Tankless; Wine Refrigerator
Master Bedroom: First
Bedroom: First; Second
Cooling: Electric; Heat Pump; Mini-Split/Ductless; Multi Units
Heating: Electric
Exterior: Built-in Barbecue/Grill; Fenced Back Yard; Summer Kitchen; Pool; Porch Covered; Porch Screened; Renovated; Sprinkler System
Association Fees Include: Gated Community; Management; Master Association; Trash Disposal
Financing: Cash; Conventional
Furnished: Unfurnished
Kitchen: First
Living Room: First
Lot Features: Corner Lot; Covenants; Cul-De-Sac; Restrictions; Subdivision – Recorded
Lot Access: Comm/Own/Maint; Gated Access; Paved Road
Dining Room: First
Office: First
Pool Features: Fenced; Gunite Concrete; Screened In
Security Features: 24 Hour Security; See Remarks
Parking Features: Garage Attached; Oversized
Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom; Office
Utilities: All Utilities; TV Cable; Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Public Water – Connected; Underground Utilities; Water Connected
Present Zoning: County; Resid Single Family
Room Information
Master Bedroom
Level: First
Dimensions: 18 x 15
Length: 18.00
Width: 15.00
Dimensions: 18 x 15
Bedroom
Level: First
Dimensions: 13 x 12
Length: 13.00
Width: 12.00
Dimensions: 13 x 12
Office
Level: First
Dimensions: 14 x 14
Length: 14.00
Width: 14.00
Dimensions: 14 x 14
Dining Room
Level: First
Dimensions: 14 x 12
Length: 14.00
Width: 12.00
Dimensions: 14 x 12
Kitchen
Level: First
Dimensions: 15 x 14
Length: 15.00
Width: 14.00
Dimensions: 15 x 14
Living Room
Level: First
Dimensions: 18 x 18
Length: 18.00
Width: 18.00
Dimensions: 18 x 18
Bedroom
Level: Second
Dimensions: 15 x 13
Length: 15.00
Width: 13.00
Dimensions: 15 x 13
Bedroom
Level: Second
Dimensions: 15 x 13
Length: 15.00
Width: 13.00
Dimensions: 15 x 13
Listing Office:
Counts Real Estate Group Inc
Last Updated: June – 30 – 2025
Information deemed reliable but not guaranteed.