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Residential Development Opportunity in Panama
For Sale
$975,000

4508 Magnolia Beach Road, Panama City Beach, FL 32408

Residential development site with engineered plans and completed development order.

Property SizeContact for details
Lot Size2.10 Acres
Days on Market159

Property Features for 4508 Magnolia Beach Road

General Information

Standard status Active
Lot size 2.10 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $5,975
Listing Agency: EXP REALTY LLC
Listed By: JUSTIN CATER LLC
Source: Corcoran
Added: Mar 4 Changed: Aug 8 Last Checked: Jul 16 at 4:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY LLC

Investment Insights

Based on property information with market context.

This residential development site in Panama City presents a prime opportunity, featuring engineered plans and a completed development order for multiple detached single-family homes. The property has undergone the development order process, with engineered plans encompassing road layout, drainage, utilities, and lot configuration. This significantly reduces the time and cost for a developer to proceed with construction. The proposed subdivision includes a private internal roadway, Grand Magnolia Drive, and is designed for 15 residential home sites suitable for detached single-family residences. The location is minutes from the bay and is surrounded by established neighborhoods and new residential developments. This property is suited for builders, developers, or investors seeking a project ready to move forward in a rapidly growing area. The location offers convenient access to shopping, dining, schools, and major roadways, while maintaining a quiet residential setting. Development order and engineering plans are available upon request. Buyers are responsible for verifying all measurements, zoning, development details, and feasibility.

Key Highlights

  • Completed development order and engineered plans significantly reduce development time and costs.
  • Ready‑to‑move‑forward project with road layout, drainage, utilities, and lot configuration already planned.
  • Features 15 residential home sites designed for detached single‑family residences.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Auto Parts Store Garden Center Carpet & Flooring Store

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

84
Businesses Nearby

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential development site with engineered plans and completed development order.
Where is this residential land & home lot located?
The property is located at 4508 Magnolia Beach Road Panama City Beach, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Completed development order and engineered plans significantly reduce development time and costs.; Ready‑to‑move‑forward project with road layout, drainage, utilities, and lot configuration already planned.; Features 15 residential home sites designed for detached single‑family residences.
More about this property
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