4508 Magnolia Beach Road, Panama City Beach, FL 32408

New Listing
$950,000
Property Type: Residential Land Lot Size (sq. ft.): 91,476 Status: Active
Current Price: $950,000 List Date: 8/05/2026 Last Modified: 8/05/2026

Overview

Description

Approved 15-Lot Residential Development Opportunity. A rare, shovel-ready residential development opportunity in one of Bay County's growing markets. This property offers developers and builders a significant advantage with an approved Development Order already in place for a 15-home residential subdivision, including approved plans for roadway infrastructure and stormwater management. Avoid the lengthy entitlement process and move directly toward construction. This development has been thoughtfully designed to maximize the property's potential while providing an efficient layout for future homeowners. With development approvals secured, investors can save valuable time and reduce the uncertainty often associated with raw land acquisitions. Whether you are an established regional builder or an investor seeking a development-ready project, this property presents an exceptional opportunity to capitalize on the continued demand for new housing in the Panama City Beach area.

Listing Details MLS# 793579

Contract Info

List Price/Acre
452380.95

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
Magnolia Beach
Community/Resort
None
Waterfront
No
Parcel ID
31235-010-000
Elementary School
Patronis
Middle School
Breakfast Point
High School
Arnold
Directions
South Navy Boulevard, turn left on Magnolia Beach Road, the property is located on the corner of Magnolia Beach Road and Bear Point Road.
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 4751 P 457

General Property Info

Sub-Type
Vacant Land
Lot Dimensions
417.0 ft x 219.0 ft
Acreage
2.1
Lot Size (SqFt)
91476

Listing Info, Tax & Legal

HOA Fee
No
Is Subject Leased
No
New Buyer Fee
No
Last Taxes
5975.24
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes
Section
10
Township
4 South
Range
15 West

Remarks & Misc

Remarks
Approved 15-Lot Residential Development Opportunity. A rare, shovel-ready residential development opportunity in one of Bay County's growing markets. This property offers developers and builders a significant advantage with an approved Development Order already in place for a 15-home residential subdivision, including approved plans for roadway infrastructure and stormwater management. Avoid the lengthy entitlement process and move directly toward construction. This development has been thoughtfully designed to maximize the property's potential while providing an efficient layout for future homeowners. With development approvals secured, investors can save valuable time and reduce the uncertainty often associated with raw land acquisitions. Whether you are an established regional builder or an investor seeking a development-ready project, this property presents an exceptional opportunity to capitalize on the continued demand for new housing in the Panama City Beach area. Development opportunities with approvals already in place are increasingly difficult to find. Bring your construction team and begin planning your next successful community today. For additional information, including the approved Development Order, site plans, and development documents, contact the listing agent.

Office/Member Info

Seller Concessions
No

More Information

Lot Features

Build To Suit
Yes
Site Plan
Yes
Other – See Remarks
Yes

Lot Access

County Road
Yes
Paved Road
Yes
Other – See Remarks
Yes

Present Zoning

Resid Single Family
Yes

Utilities

All Utilities
Yes
Public Sewer Available
Yes

Sale Type

As Is
Yes

Property Features

Lot Access: County Road; Paved Road; Other – See Remarks Lot Features: Build To Suit; Site Plan; Other – See Remarks Sale Type: As Is Utilities: All Utilities; Public Sewer Available Present Zoning: Resid Single Family
Listing Office: Think Real Estate
Last Updated: August – 05 – 2026
Information deemed reliable but not guaranteed.