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Magnolia Bay Homesite Opportunity
For Sale
$115,000

278 Magnolia Bay Dr, Eastpoint, FL 32328

LAND - Eastpoint, FL

Property SizeContact for details
Lot Size1.10 Acres
Days on Market118

Property Features for 278 Magnolia Bay Dr

General Information

Property type Land
Property subtype Other
Zoning R-1
Zoning description Deed Restrictions, Residential Single Family
Vegetation Natural State
Subdivision Magnolia Bay
Lot features Boating Access, Corner Lot, Covenants/ Restrictions
View Water
Directions From Hwy 98 in Eastpoint head north on North Bayshore Drive
Standard status Active
APN 1908S06W6700000B0050
Lot size 1.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BLOCK B LOT 5 MAGNOLIA BAY
Tax Annual Amount 547
HOA Fee $450 Quarterly
Legal Description BLOCK B LOT 5 MAGNOLIA BAY

Utilities

Utilities Cable Available
Listing Agency: Berkshire Hathaway Homeservices - Sgi
Listed By: Grayson Shepard · License #3032872
Added: Apr 29 Changed: Jun 11 Last Checked: Aug 24 at 2:06PM
MLS# 328183

Copyright © 2026 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a corner lot in the Magnolia Bay gated community in Eastpoint, Florida. The property, sized at just over an acre, is suitable for building a home. Community amenities include an automatic gate at the entrance, tennis courts, a community pool, a boat ramp, and a dock with a gazebo.

Key Highlights

  • Rare corner lot in exclusive gated community.
  • Over an acre in size, perfect for building a dream home.
  • Located in Magnolia Bay, Eastpoint on the Forgotten Coast.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Law Firm Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 32328, FL

3,721
Population
3,029
Households
1.2
Avg Household Size
51
Median Age
34%
College-Educated
91%
High-School Grad
85.8 sq mi
ZIP Area
43
Density / Sq Mi
$67,833
Median Household Income
$34,103
Median Earnings
$850
Median Rent
$341,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Residential land in gated community with amenities in Eastpoint, FL.
Where is this land located?
The property is located at 278 Magnolia Bay Dr Eastpoint, FL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Rare corner lot in exclusive gated community.; Over an acre in size, perfect for building a dream home.; Located in Magnolia Bay, Eastpoint on the Forgotten Coast.
More about this property
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