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Sold for $1,025,000
  • $1,025,000

    3208 Magnolia Islands Blvd, Panama City Beach, FL 32408

    4beds
    4,322sqft
    Single Family Residence
    Built in 2008
    0.4 Acres Lot
    $1,014,400 Zestimate®
    $237/sqft
    $5,585 Estimated rent

    Home value

    $1,014,400

    $913,000 - $1.13M

    $5,585/mo

    Zestimate® history
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    What's special

    Spacious loftSerene backyardNew quartz countertopsVersatile bonus roomMature treesSparkling poolEn-suite bath
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Seller motivated MAJOR PRICE REDUCTION! In ADDITION to this the Seller is offering closing cost assistance or help with rate buy down with an acceptable offer. Stunning 4BR/4BA home in Exclusive Gated Community with a Pool! Tucked away on a peaceful cul-de-sac in a prestigious gated community, this beautiful home offers the perfect blend of privacy, luxury, and functionality. Nestled on an oversized lot with mature trees, the serene backyard is your own private oasis—complete with a sparkling pool, paver patio, and a covered area ideal for shaded outdoor entertaining. Step through the impressive mahogany front door into a grand foyer with soaring 20-foot ceilings. The open-concept great room is filled with natural light and features a built-in wet bar with wine and beer fridge—perfect for hosting guests. Elegant trim work, crown moulding, and a coffered ceiling in the home office add custom character and craftsmanship throughout. The updated kitchen boasts new quartz countertops, a gas cooktop, and generous cabinet space, making it a chef's dream. The master bedroom is on the first floor with en-suite bath and walk-in closet. Upstairs, a spacious loft offers a flexible living or game room space for the whole family. You'll also find three bedrooms and a versatile bonus room—ideal as a gym, hobby room, playroom, or extra storage. Additional highlights include a 3-car garage with plenty of space for your vehicles or golf cart, plus lush landscaping that enhances the home's curb appeal and privacy. This property is the total package—luxurious yet comfortable, private yet perfect for entertaining. Don't miss your chance to make it yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Carrie W Redd 850-866-6410,

    Beachy Beach Real Estate,

    Stephanie Frimet 850-814-3781,

    Beachy Beach Real Estate

    Bought with:

    Zack Seltzer

    Seltzer Real Estate, LLC

    Source: CPAR,MLS#: 771675MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Bedroom, Dining Room, Great Room, Kitchen, Loft, Primary Bedroom, Office, Bonus Room
    Primary bedroom
    • Level: First
    • Dimensions: 19 x 15
    Bedroom
    • Level: Second
    • Dimensions: 15 x 12
    Bedroom
    • Level: Second
    • Dimensions: 15 x 12
    Bedroom
    • Level: Second
    • Dimensions: 16 x 12
    Bonus room
    • Level: Second
    • Dimensions: 30 x 10
    Dining room
    • Level: First
    • Dimensions: 14 x 12
    Great room
    • Level: First
    • Dimensions: 20 x 20
    Kitchen
    • Level: First
    • Dimensions: 14 x 12
    Loft
    • Level: Second
    • Dimensions: 20 x 13
    Office
    • Level: First
    • Dimensions: 13 x 11
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Multi Units
    Features
    • Loft
    Interior area
    • Total structure area: 4,322
    • Total interior livable area: 4,322 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage, Garage Door Opener
    • Garage spaces: 3
    Features
    • Has private pool: Yes
    • Pool features: In Ground, Private
    Lot
    • Size: 0.4 Acres
    • Features: Cul-De-Sac, Paved
    Details
    • Parcel number: 31365789000
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stone, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Gated
    • Security: Gated with Guard, Gated Community
    • Subdivision: Preserve On The Bay Ph III-A
    HOA
    • Has HOA: Yes
    • Amenities included: Gated
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $237/sqft
    • Tax assessed value: $839,905
    • Annual tax amount: $9,880
    • Date on market: 4/18/2025
    • Cumulative days on market: 100 days

    Price history

    DateEventPrice
    8/28/2025Sold$1,025,000-6.8%$237/sqft
    Source: CPAR #771675 Report a problem
    7/29/2025Pending sale$1,100,000$255/sqft
    Source: ECAOR #977404 Report a problem
    7/28/2025Contingent$1,100,000$255/sqft
    Source: CPAR #771675 Report a problem
    7/23/2025Price change$1,100,000-4.3%$255/sqft
    Source: CPAR #771675 Report a problem
    6/6/2025Price change$1,150,000-4.2%$266/sqft
    Source: CPAR #771675 Report a problem
    5/14/2025Price change$1,199,999-4%$278/sqft
    Source: CPAR #771675 Report a problem
    4/18/2025Listed for sale$1,250,000+26.4%$289/sqft
    Source: CPAR #771675 Report a problem
    5/2/2022Sold$989,000-1%$229/sqft
    Source: CPAR #717900 Report a problem
    2/18/2022Pending sale$999,000$231/sqft
    Source: CPAR #717900 Report a problem
    10/13/2021Listed for sale$999,000+42.7%$231/sqft
    Source: CPAR #717900 Report a problem
    12/28/2017Sold$700,000-6.7%$162/sqft
    Source: Public Record Report a problem
    11/2/2017Pending sale$750,000$174/sqft
    Source: Blue Coral R E Group LLC #664168 Report a problem
    10/16/2017Listed for sale$750,000+7.1%$174/sqft
    Source: Blue Coral R E Group LLC #664168 Report a problem
    7/13/2016Sold$700,000$162/sqft
    Source: Public Record Report a problem
    3/5/2016Listing removed$700,000$162/sqft
    Source: Keller Williams Success Realty #636253 Report a problem
    11/18/2015Price change$700,000-4.1%$162/sqft
    Source: Keller Williams - Panama City Beach #636253 Report a problem
    9/15/2015Price change$730,000-1.3%$169/sqft
    Source: Keller Williams Success Realty #636253 Report a problem
    1/11/2015Listed for sale$739,500+5.6%$171/sqft
    Source: Prudential Shimmering Sands Realty #627460 Report a problem
    9/9/2009Sold$700,000+833.3%$162/sqft
    Source: Public Record Report a problem
    4/9/2003Sold$75,000$17/sqft
    Source: Public Record Report a problem
    9/18/2001Sold$75,000$17/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,880 -2.3%$839,905 -0.6%
    2023$10,116 +58.3%$844,975 +43.9%
    2022$6,389 $586,994
    2021-- --
    2020$6,418 -2.1%$562,029 -0.8%
    2019$6,554 $566,645 -4.6%
    2018$6,554 -12.3%$593,741 +0.1%
    2017$7,472 -0.6%$593,125 +7%
    2016$7,515 +1%$554,375 -1.1%
    2015$7,440 $560,693 -0.8%
    2014$7,440 $564,996 -1.9%
    2013-- $576,127 -0.1%
    2012-- $576,455 -1.6%
    2011-- $585,659 -1.3%
    2010-- $593,525 +8.9%
    2009-- $545,239
    Find assessor info on the county website

    Neighborhood: Upper Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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