4600 Magnolia Beach Road Lot 1, Panama City Beach, FL 32408 (MLS# 686011)

4600 Magnolia Beach Road Lot 1, Panama City Beach, FL 32408

$800,000

Property Type: Residential Land Lot Size (sq. ft.): 122,404 Status: Sold

Current Price: $800,000 List Date: 7/15/2019 Last Modified: 10/01/2024

Overview

Description

LOT 1. This magnificent and unique 20 acre Bay front development site, is currently being platted as a 7 Estate sized lot recorded subdivision. The process shall be completed approximately 120 days. Each parcel boasting 100” of gorgeous private Bay Front with a minimum of 2.8 acres per parcel. This is a rare opportunity to own one of the premier residential lots available in all of Panama City Beach. Each Home site will allow for docks and private boating capabilities. Two residential homes as well as enough room to create whatever personal flavors you enjoy. Tennis courts, multi car garage, large swimming pool and exercise workout rooms, the possibilities are truly endless with these estate size parcels. Be one of the chosen few!

Listing Details MLS# 686011

Contract Info

List Price/Acre: 284697.51

Location

Street #: 4600
Street Name: Magnolia Beach
Street Suffix: Road
Unit #: Lot 1
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: Yes
Parcel ID: 31232-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Traveling south on Thomas Drive by Hathaway Bridge, continue south to Magnolia Beach drive heading towards Bay Point. As the road makes the curve to the right get in left lane to stay on Magnolia Beach Dr. Continue past Bay Magnolia development and the property is the next parcel on the left. Look for SIGN.
Legal Description: 10 4S 15W -5- 69D1 BEG 1381.6' E OF SW COR LOT 8 ON N LINE S 392B TH ELY ALG R/W 690.8' TO BAY CO BDC CO LINE N 1371' TO BAY NWLY ON BAY TO P T S TO BEG LESS -9.4- ORB 3865 P 27

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: 100' x 1,228' x 99' x 1,244'
Acreage: 2.81
Lot Size (SqFt): 122404

Status Change Info

Under Contract Date: 2019-10-09
Sold Date: 2019-10-14
Sold Price/Acre: 284697.51

Listing Info, Tax & Legal

HOA Fee: No
Last Taxes: 34616
Last Tax Year: 2018
As Is: No

Remarks & Misc

Remarks: LOT 1. This magnificent and unique 20 acre Bay front development site, is currently being platted as a 7 Estate sized lot recorded subdivision. The process shall be completed approximately 120 days. Each parcel boasting 100'' of gorgeous private Bay Front with a minimum of 2.8 acres per parcel. This is a rare opportunity to own one of the premier residential lots available in all of Panama City Beach. Each Home site will allow for docks and private boating capabilities. Two residential homes as well as enough room to create whatever personal flavors you enjoy. Tennis courts, multi car garage, large swimming pool and exercise workout rooms, the possibilities are truly endless with these estate size parcels. Be one of the chosen few!

More Information

Financing

Cash: Yes
Conventional: Yes

Lot Features

Covenants: Yes
Subdivision – Recorded: Yes
Waterfront: Yes

Lot Access

County Road: Yes
Paved Road: Yes

Present Zoning

Resid Single Family: Yes

Association Amenities

Beach: Yes

Utilities

All Utilities: Yes

Waterfront Type

Bay/Harbor: Yes

Property Features

Financing: Cash; Conventional Lot Access: County Road; Paved Road Lot Features: Covenants; Subdivision – Recorded; Waterfront Utilities: All Utilities Waterfront Type: Bay/Harbor Present Zoning: Resid Single Family

Listing Office: Counts Real Estate Group Inc

Last Updated: October – 01 – 2024

Information deemed reliable but not guaranteed.