Here is a rare corner lot in the exclusive Magnolia Bay gated community in Eastpoint. Just over an acre in size, this is a perfect homesite for your dream home on the Forgotten Coast. Amenities include an automatic gate at the community entrance, tennis courts, a community pool, boat ramp and dock with gazebo for watching stunning sunsets over the Bay.
Lot/land
$115,000
278 Magnolia Bay Dr, Eastpoint, FL 32328
--beds
--baths
1.1Acres
Unimproved Land
Built in ----
1.1 Acres Lot
$-- Zestimate®
$--/sqft
$150/mo HOA
What's special
Rare corner lot
- 100 days |
- 24 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Grayson Shepard 850-653-6718,
Berkshire Hathaway HomeServices - SGI,
Shelley Shepard 850-653-6621,
Berkshire Hathaway HomeServices - SGI
Source: Forgotten Coast Realtor Association,MLS#: 328183
Facts & features
Interior
Video & virtual tour
Property
Features
- Has water view: Yes
- Water view: Bay
Lot
- Size: 1.1 Acres
- Dimensions: 209 x 248 x 200 x 224 ap x
- Features: Boating Access, Covenants/Restrictions
- Residential vegetation: Natural State
Details
- Parcel number: 1908S06W6700000B0050
- Zoning: R-1
- Zoning description: Deed Restrictions,Residential Single Family
Utilities & green energy
- Sewer: Aerobic Needed
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available, Underground Utilities
Community & HOA
Community
- Features: Boat Launch, Dock, Gated, Pool, Street Lights, Tennis Court(s)
- Subdivision: Magnolia Bay
HOA
- Has HOA: Yes
- Services included: Accounting, Maintenance Grounds, Recreational Facilities
- HOA fee: $450 quarterly
Location
- Region: Eastpoint
Financial & listing details
- Tax assessed value: $53,105
- Annual tax amount: $547
- Date on market: 4/29/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Listed for sale | $115,000+63.1% |
Source:  Forgotten Coast Realtor Association #328183 Report a problem | ||
| 5/30/2002 | Sold | $70,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $435 -2% | $39,230 +10% |
| 2023 | $444 +32.7% | $35,664 +10% |
| 2022 | $334 +34.1% | $32,422 +55.1% |
| 2021 | $249 +11.6% | $20,907 +10% |
| 2020 | $223 | $19,006 -8.1% |
| 2019 | $223 -8% | $20,683 -7.5% |
| 2018 | $243 +19.3% | $22,360 +40.9% |
| 2017 | $204 | $15,875 -11.8% |
| 2016 | $204 -0.9% | $18,000 +28.6% |
| 2015 | $206 +30.7% | $14,000 +16.7% |
| 2014 | $157 | $12,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32328
Nearby schools
GreatSchools rating
- NAFranklin Virtual Instruction ProgramGrades: K-12Distance: 1.3 mi
- 2/10Franklin County Schools Pk-12Grades: PK-12Distance: 4.2 mi
- $47,5001 acre281 Bay Holly Ct, Eastpoint, FL 32328Off Market
- $85,0001 acre272 Magnolia Bay Dr, Eastpoint, FL 32328Sold
- $646,3003 bd2 ba2.2k sqft288 Magnolia Bay Dr, Eastpoint, FL 32328Off Market
- $928,6003 bd3 ba2.4k sqft275 Magnolia Bay Dr, Eastpoint, FL 32328Off Market
- $882,5003 bd6 ba4.5k sqft279 Magnolia Bay Dr, Eastpoint, FL 32328Off Market
- $570,4003 bd3 ba1.9k sqft279 Bay Holly Ct, Eastpoint, FL 32328Off Market
- $435,0001.01 acres273 Magnolia Bay Dr, Eastpoint, FL 32328Lot/Land
- $1,155,5004 bd4 ba5.8k sqft283 Magnolia Bay Dr, Eastpoint, FL 32328Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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