4508 Magnolia Beach Road, Panama City Beach, FL 32408

$975,000
Property Type: Residential Land Lot Size (sq. ft.): 91,302 Status: Active
Current Price: $975,000 List Date: 3/04/2026 Last Modified: 6/13/2026

Overview

Description

MOTIVATED SELLER – READY TO BREAK GROUND! Exceptional development opportunity in one of Panama City Beach's fastest-growing areas. This shovel-ready residential project includes approved engineering plans and a completed Development Order, allowing a developer to significantly reduce the time, cost, and uncertainty typically associated with the entitlement process. The project is designed for 15 detached single-family home sites and includes engineered plans for road layout, drainage, utilities, and lot configuration. With much of the heavy lifting already completed, this is a rare opportunity to step into a development that is substantially advanced through the approval process and positioned for immediate execution. The proposed subdivision features a private internal roadway, Grand Magnolia Drive, creating an attractive residential setting surrounded by established neighborhoods and ongoing growth. Conveniently located just minutes from the bay, shopping, dining

Listing Details MLS# 786238

Contract Info

List Price/Acre
464285.71

Location

Street #
4508
Street Name
Magnolia Beach
Street Suffix
Road
Area
03 – Bay County – Beach
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
31235-010-000
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.
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

Sub-Type
Residential Lots
Lot Dimensions
Irregular
Acreage
2.1
Lot Size (SqFt)
91302

Listing Info, Tax & Legal

HOA Fee
No
Last Taxes
5975
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
MOTIVATED SELLER – READY TO BREAK GROUND! Exceptional development opportunity in one of Panama City Beach's fastest-growing areas. This shovel-ready residential project includes approved engineering plans and a completed Development Order, allowing a developer to significantly reduce the time, cost, and uncertainty typically associated with the entitlement process. The project is designed for 15 detached single-family home sites and includes engineered plans for road layout, drainage, utilities, and lot configuration. With much of the heavy lifting already completed, this is a rare opportunity to step into a development that is substantially advanced through the approval process and positioned for immediate execution. The proposed subdivision features a private internal roadway, Grand Magnolia Drive, creating an attractive residential setting surrounded by established neighborhoods and ongoing growth. Conveniently located just minutes from the bay, shopping, dining, schools, and major transportation corridors, the location offers strong appeal for future homeowners and builders alike. Whether you're a builder, developer, or investor, this property provides a clear path to development with approvals and planning already in place. Development Order and engineering package available upon request. Buyer to verify all measurements, zoning, development details, and feasibility.

Financing

Cash
Yes
Conventional
Yes

More Information

Lot Features

Site Plan
Yes
Storm Sewer
Yes
Survey Available
Yes

Present Zoning

Resid Single Family
Yes

Utilities

All Utilities
Yes
Public Sewer Available
Yes
Water Available
Yes

Sale Type

As Is
Yes

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: June – 13 – 2026
Information deemed reliable but not guaranteed.