4700 Magnolia Beach Road, Panama City, FL 32408

$900,000
Property Type: Residential Land Lot Size (sq. ft.): 125,017 Status: Sold
Current Price: $900,000 List Date: 6/19/2021 Last Modified: 11/25/2024

Overview

Description

BACK ON MARKET!! Imagine what you can build on this 2.87 acre waterfront parcel. Perhaps an estate home facing St. Andrews Bay with a private road, multiple guest cottages, maybe tennis courts or equestrian stables. Already permitted for a dock, this coastal lot is ready for your dream home and maybe a multi car garage, large swimming pool and exercise workout facility as part of the vision. The possibilities are endless, and it starts here tucked away in a quiet area of ”Magnolia Beach” in unincorporated Bay County. This huge vacant lot boasts 100 feet on the water with 1253′ in depth allowing for many ideas for this parcel. Zoned for up to 8 single family homes, (Zoned R-1) one could easily accommodate several generation’s homes, in one location. Residential lots of this size are

Supplements: very rare, and coupled with boating capabilities, and a great location just minutes away from the Emerald waters and white sand beaches, the peaceful country feeling of open spaces on the coast, is a unique offering. Surrounded by the desirable gated and upscale residential communities of Bay Point, The Preserve by the Bay and the Magnolia Bay Clu

Listing Details MLS# 711059

Contract Info

List Price/Acre
339721.25

Location

Street #
4700
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 Recorded Subdiv]
Community/Resort
None
Waterfront
Yes
Parcel ID
31232-010-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
From US Highway 98, turn South on Thomas Drive. Travel 1.8 miles to Magnolia Beach Road. Head East on Magnolia Beach Road (stay left at V in road) 1.6 miles. Property is on the North side of Magnolia Beach Road. This property is the West 1/4 (approximately) of the larger vacant and cleared property.
Legal Description
WITH LINE RUNNING N00.35'13'' FROM POB TH RUN S 1253.20' M/L TO POB 10 4S 15W -5.1- 69D1 BEG 1381.6' E OF THE NLY R/W LINE OF MAGNOLIA BCH RD & THE W LINE OF US GOV LOT 8 FOR POB TH RUN E ALONG SAID R/W 99' TH N 1269.39' M/L TO WATERS EDGE OF ST ANDRE WS BAY TH WLY ALONG WATERS EDGE 100.1' M/L TO INT

General Property Info

Sub-Type
Vacant Land
Lot Dimensions
100 x 1253
Acreage
2.87
Lot Size (SqFt)
125017
Beach Frontage
100

Status Change Info

Under Contract Date
2021-06-18
Sold Date
2021-07-30
Sold Price/Acre
313588.85

Waterfront Feature

Waterfront Feet
100
Shore – Natural
Yes

Listing Info, Tax & Legal

HOA Fee
No
Last Taxes
7782
Last Tax Year
2020
Brokerage Interest
No Interest
As Is
Yes

More Information

Remarks & Misc

Remarks
BACK ON MARKET!! Imagine what you can build on this 2.87 acre waterfront parcel. Perhaps an estate home facing St. Andrews Bay with a private road, multiple guest cottages, maybe tennis courts or equestrian stables. Already permitted for a dock, this coastal lot is ready for your dream home and maybe a multi car garage, large swimming pool and exercise workout facility as part of the vision. The possibilities are endless, and it starts here tucked away in a quiet area of ''Magnolia Beach'' in unincorporated Bay County. This huge vacant lot boasts 100 feet on the water with 1253' in depth allowing for many ideas for this parcel. Zoned for up to 8 single family homes, (Zoned R-1) one could easily accommodate several generation's homes, in one location. Residential lots of this size are

Assumable Mtg Typ

Conventional
Yes

Financing

Cash
Yes
Conventional
Yes

Lot Features

Aerials/Topo Availbl
Yes
Waterfront
Yes
Within 1/2 Mile to Water
Yes

Lot Access

County Road
Yes
Paved Road
Yes

Present Zoning

County
Yes
Resid Single Family
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Water Connected
Yes
Other – See Remarks
Yes

Waterview

Bay
Yes

Sale Type

As Is
Yes

Waterfront Type

Bay/Harbor
Yes
See Remarks
Yes

Property Features

Assumable Mtg Typ: Conventional Financing: Cash; Conventional Lot Access: County Road; Paved Road Lot Features: Aerials/Topo Availbl; Waterfront; Within 1/2 Mile to Water Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected; Other – See Remarks Waterfront Type: Bay/Harbor; See Remarks Waterfront Feature: Shore – Natural Waterview: Bay Present Zoning: County; Resid Single Family
Listing Office: Counts Real Estate Group Inc
Last Updated: November – 25 – 2024
Information deemed reliable but not guaranteed.