4508 Magnolia Beach Road, Panama City Beach, FL 32408
$1,150,000
Property Type:
Residential Land
Lot Size (sq. ft.):
91,302
Status:
Active
Current Price:
$1,150,000
List Date:
3/04/2026
Last Modified:
3/04/2026
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 (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.
More Information MLS# 786238
Contract Info
List Price/Acre: 547619.05
Status: Active
List Date: 2026-03-04
List Price: $1,150,000
Current Price: $1,150,000
Location
Sub Area: 0319 – Beach – East
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Take a right onto
4508 MAGNOLIA BEACH RD off Thomas Drive and go down and property will be on your left.
Street #: 4508
Street Name: Magnolia Beach
Street Suffix: Road
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 31235-010-000
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
General Property Info
Acreage: 2.1
Lot Size (SqFt): 91302
Lot Dimensions: Irregular
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 5975
Last Tax Year: 2025
As Is: Yes
Remarks & Misc
Remarks: 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.
Financing
Cash: 1
Conventional: 1
Lot Features
Site Plan: 1
Storm Sewer: 1
Survey Available: 1
Present Zoning
Resid Single Family: 1
Utilities
All Utilities: 1
Public Sewer Available: 1
Water Available: 1
Sale Type
As Is: 1
Property Features
Financing: Cash; Conventional
Lot Features: Site Plan; Storm Sewer; Survey Available
Sale Type: As Is
Utilities: All Utilities; Public Sewer Available; Water Available
Present Zoning: Resid Single Family
Listing Office:
EXP Realty LLC
Last Updated: March – 04 – 2026
Information deemed reliable but not guaranteed.