3202 Magnolia Islands Boulevard, Panama City, FL 32408 (MLS# 756814)

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: $1,150,000 List Date: 9/07/2024 Last Modified: 6/30/2025

Overview

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, co … (Read more) 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..

Listing Details MLS# 756814

Contract Info

List Price/SqFt: 335.53

Location

Area: 03 – Bay County – Beach
Street #: 3202
Street Name: Magnolia Islands
Street Suffix: Boulevard
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: Preserve On The Bay Ph III-A
Community/Resort: Preserve on the Bay
Waterfront: No
Parcel ID: 31365-792-000
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.
Legal Description: PRESERVE ON THE BAY PH III-A LOT 192 ORB 4346 P 1046

General Property Info

Sub-Type: Detached Single Family
Design: Contemporary
Apx SqFt(Htd/Cooled): 3800
SqFt Source: Owner Measured
Full Baths: 5
Total Baths: 5
Year Built: 2003
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 3
Lot Dimensions: 185X72X146X183
Acreage: 0.46
Lot Size (SqFt): 20038
Pool: Yes
Pool Type: Private

Status Change Info

Under Contract Date: 2024-10-27
Sold Date: 2024-11-18
Sold Price/SqFt: 302.63
Sold Price/Acre: 2500000

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

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..

More Information

Dining Room

First: Yes

Office

First: Yes

Pool Features

Fenced: Yes
Gunite Concrete: Yes
Screened In: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Oven – Gas: Yes
Range – Gas: Yes
Range Hood: Yes
Refrigerator: Yes
Water Heater – Tankless: Yes
Wine Refrigerator: Yes

Interior Features

Bookcases: Yes
Ceiling – Crwn Molding: Yes
Fireplace: Yes
Floor – Hardwood: Yes
Floor – Marble: Yes
Split Bedroom: Yes

Construction/Siding

Brick: Yes
Foundation – Slab on Grade: Yes
Roof – Dimensional Shg: Yes

Exterior

Built-in Barbecue/Grill: Yes
Fenced Back Yard: Yes
Summer Kitchen: Yes
Pool: Yes
Porch Covered: Yes
Porch Screened: Yes
Renovated: Yes
Sprinkler System: Yes

Association Fees Include

Gated Community: Yes
Management: Yes
Master Association: Yes
Trash Disposal: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Corner Lot: Yes
Covenants: Yes
Cul-De-Sac: Yes
Subdivision – Recorded: Yes
Restrictions: Yes

Lot Access

Comm/Own/Maint: Yes
Gated Access: Yes
Paved Road: Yes

Parking Features

Garage Attached: Yes
Oversized: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Separate Shwr: Yes
MBath Tile: Yes
MBath Walk-In Closet: Yes
MBed Sitting Area: Yes

Present Zoning

County: Yes
Resid Single Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes
Office: Yes

Utilities

All Utilities: Yes
TV Cable: Yes
Electricity – Connected: Yes
Natural Gas – Connected: Yes
Public Sewer – Connected: Yes
Water Connected: Yes
Public Water – Connected: Yes
Underground Utilities: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes
Second: Yes

Cooling

Electric: Yes
Heat Pump: Yes
Mini-Split/Ductless: Yes
Multi Units: Yes

Heating

Electric: Yes

Security Features

24 Hour Security: Yes
See Remarks: Yes

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

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	18 x 15	18.00	15.00
Bedroom	First	13 x 12	13.00	12.00
Office	First	14 x 14	14.00	14.00
Dining Room	First	14 x 12	14.00	12.00
Kitchen	First	15 x 14	15.00	14.00
Living Room	First	18 x 18	18.00	18.00
Bedroom	Second	15 x 13	15.00	13.00
Bedroom	Second	15 x 13	15.00	13.00

Listing Office: Counts Real Estate Group Inc

Last Updated: June – 30 – 2025

Information deemed reliable but not guaranteed.