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Sold for $1,600,000
  • $1,600,000

    3232 Magnolia Islands Blvd, Panama City Beach, FL 32408

    5beds
    6,104sqft
    Single Family Residence
    Built in 2012
    0.81 Acres Lot
    $1,755,300 Zestimate®
    $262/sqft
    $6,627 Estimated rent

    Home value

    $1,755,300

    $1.53M - $2.02M

    $6,627/mo

    Zestimate® history
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    What's special

    Inground poolBasketball courtGrand staircaseSchool zonesModern kitchen appointments
    FINAL CALL FOR OFFERS!!! All offers due 12/11/2023 by 12:00 PM Eastern. Contact agent for details. Welcome to Preserve on the Bay. A gated community. Private. Peaceful. Understated Elegance. The neighborhood is bordered to the north by Grand Lagoon; South - Gulf of Mexico; East - Saint Andrew Bay. The property is located on a cul-de-sac. Outdoor living is easy with tastefully landscaped grounds, a basketball court and an inground pool. Balconies provide area views. The home encompasses two stories, complete with a grand staircase in the foyer, modern kitchen appointments and many, many windows for natural light. There are 5 bedrooms, 5.1 baths, and just over 6,000 SF of living space. HOA details: The Preserve on the Bay--assessments are billed annually and are a total of $1,481.14 FEMA Flood Zone X. Map 12005C0339H Map Date: 6/02/2009 ''Property sold ''As-is''. Buyer and/or buyer's agent responsible for verifying all pertinent information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, HOAs, etc.'' FINAL CALL FOR OFFERS!!! All offers due 12/11/2023 by 12:00 PM Eastern. Contact agent for details. Welcome to Preserve on the Bay. A gated community. Private. Peaceful. Understated Elegance. The neighborhood is bordered to the north by Grand Lagoon; South - Gulf of Mexico; East - Saint Andrew Bay. The property is located on a cul-de-sac. Outdoor living is easy with tastefully landscaped grounds, a basketball court and an inground pool. Balconies provide area views. The home encompasses two stories, complete with a grand staircase in the foyer, modern kitchen appointments and many, many windows for natural light. There are 5 bedrooms, 5.1 baths, and just over 6,000 SF of living space. HOA details: The Preserve on the Bay--assessments are billed annually and are a total of $1,481.14 FEMA Flood Zone X. Map 12005C0339H Map Date: 6/02/2009 "Property sold "As-is". Buyer and/or buyer's agent responsible for verifying all pertinent information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, HOAs, etc."

    Zillow last checked:

    Listing updated:

    Listed by:

    Sara Ochs 913-963-9413,

    Reallook.com,

    Daniel Mahaney 954-913-9950,

    Reallook.com

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 749452MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Kitchen, Living Room, Primary Bedroom, Media Room, Other
    Primary bedroom
    • Description: floor plan diagram
    • Level: Second
    • Dimensions: 19 x 22
    Other
    • Description: diagram not to scale
    • Level: Second
    • Dimensions: 1 x 1
    Kitchen
    • Description: floor plan diagram
    • Level: First
    • Dimensions: 20 x 16
    Living room
    • Description: floor plan diagram
    • Level: First
    • Dimensions: 22 x 28
    Media room
    • Description: floor plan diagram
    • Level: First
    • Dimensions: 19 x 21
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop
    Features
    • Interior Steps
    Interior area
    • Total structure area: 6,104
    • Total interior livable area: 6,104 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Pool features: In Ground, Pool
    Lot
    • Size: 0.81 Acres
    • Features: Cul-De-Sac
    Details
    • Additional structures: Second Garage
    • Parcel number: 31365860000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 2012

    Community & HOA

    Community
    • Features: Gated
    • Security: Gated with Guard, Gated Community
    • Subdivision: The Preserve On The Bay Phase I
    HOA
    • Has HOA: Yes
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $262/sqft
    • Tax assessed value: $1,343,851
    • Annual tax amount: $12,586
    • Date on market: 11/20/2023
    • Cumulative days on market: 24 days

    Price history

    DateEventPrice
    2/1/2024Sold$1,600,000-19.2%$262/sqft
    Source: CPAR #749452 Report a problem
    12/14/2023Pending sale$1,980,000$324/sqft
    Source: CPAR #749452 Report a problem
    12/14/2023Contingent$1,980,000$324/sqft
    Source: My State MLS #11225124 Report a problem
    11/20/2023Listed for sale$1,980,000+49.4%$324/sqft
    Source: CPAR #749452 Report a problem
    7/8/2019Sold$1,325,000-7%$217/sqft
    Source: CPAR #680404 Report a problem
    5/13/2019Price change$1,425,000-3.4%$233/sqft
    Source: Keller Williams Success Realty #680404 Report a problem
    2/16/2019Listed for sale$1,475,000-3.3%$242/sqft
    Source: Keller Williams Success Realty #680404 Report a problem
    5/14/2018Listing removed$1,525,000$250/sqft
    Source: Owner Report a problem
    1/22/2018Price change$1,525,000-3.8%$250/sqft
    Source: Owner Report a problem
    12/18/2017Listed for sale$1,585,000$260/sqft
    Source: Owner Report a problem
    8/26/2017Listing removed$1,585,000$260/sqft
    Source: MLStoSell.com #660978 Report a problem
    6/27/2017Listed for sale$1,585,000$260/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$16,555 +41286.5%$1,343,851 -4.8%
    2023$40 -99.7%$1,412,278 +25.8%
    2022$12,586 $1,122,816
    2021-- --
    2020$12,659 +43.7%$1,075,062 +43.4%
    2019$8,807 $749,508 -12.9%
    2018$8,807 -14.8%$860,203 +0.6%
    2017$10,334 -0.1%$854,897 +0.1%
    2016$10,342 -4.9%$854,468 -0.4%
    2015$10,877 $858,039 +0.7%
    2014$10,877 $851,992 +1.5%
    2013-- $839,401
    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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