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Lot/land
  • $950,000

    4508 Magnolia Beach Rd, Panama City Beach, FL 32408

    --beds
    --baths
    2.1Acres
    Unimproved Land
    Built in ----
    2.1 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Approved 15-Lot Residential Development Opportunity. A rare, shovel-ready residential development opportunity in one of Bay County's growing markets. This property offers developers and builders a significant advantage with an approved Development Order already in place for a 15-home residential subdivision, including approved plans for roadway infrastructure and stormwater management. Avoid the lengthy entitlement process and move directly toward construction. This development has been thoughtfully designed to maximize the property's potential while providing an efficient layout for future homeowners. With development approvals secured, investors can save valuable time and reduce the uncertainty often associated with raw land acquisitions. Whether you are an established regional builder or an investor seeking a development-ready project, this property presents an exceptional opportunity to capitalize on the continued demand for new housing in the Panama City Beach area. Development opportunities with approvals already in place are increasingly difficult to find. Bring your construction team and begin planning your next successful community today. For additional information, including the approved Development Order, site plans, and development documents, contact the listing agent.
    14 days
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    85
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    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea M Chester 850-819-7487,

    Think Real Estate

    Source: CPAR,MLS#: 793579MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Property

      Lot
      • Size: 2.1 Acres
      • Dimensions: 417.0 ft x 219.0 ft
      • Features: Paved
      Details
      • Parcel number: 31235010000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Utilities & green energy

      • Utilities for property: Sewer Available

      Community & HOA

      Community
      • Subdivision: Magnolia Beach
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Tax assessed value: $431,803
      • Annual tax amount: $5,975
      • Date on market: 8/5/2026
      • Cumulative days on market: 149 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/5/2026Listed for sale$950,000-2.6%
        Source: CPAR #793579 Report a problem
        7/17/2026Listing removed$975,000
        Source: eXp Realty #786238 Report a problem
        6/12/2026Price change$975,000-15.2%
        Source: CPAR #786238 Report a problem
        3/4/2026Listed for sale$1,150,000+170.6%
        Source: CPAR #786238 Report a problem
        11/21/2023Sold$425,000-57.5%
        Source: Public Record Report a problem
        4/30/2023Listing removed--
        Source: CPAR #731191 Report a problem
        11/28/2022Price change$999,000-9.2%
        Source: CPAR #731191 Report a problem
        10/13/2022Price change$1,100,000-8.3%
        Source: CPAR #731191 Report a problem
        8/22/2022Listed for sale$1,200,000+405.3%
        Source: CPAR #731190 Report a problem
        2/6/2004Sold$237,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,306 +73.1%$431,803 +76.2%
        2023$3,065 +13.8%$245,123 +5.3%
        2022$2,693 $232,821
        2021-- --
        2020$2,494 -1.3%$205,029
        2019$2,526 $205,029
        2018$2,526 -1.6%$205,029
        2017$2,566 -0.7%$205,029
        2016$2,584 -4.5%$205,029
        2015$2,706 $205,029
        2014$2,706 $205,029
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Upper Grand Lagoon

        Getting around

        1 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Patronis
        • Middle: Breakfast Point
        • 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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