Residential Development Site in Panama

4508 Magnolia Beach Road Panama City Beach, FL 32408

Claim this Listing
For Sale
$975,000

LAND - Panama City Beach, FL

Lot size:
2.10 Acres
Added:
Mar 4, 2026
Days on Market:
131
Last Refresh:
Jul 13 at 12:06 am

Property Features for 4508 Magnolia Beach Road

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
31235-010-000
Lot size
2.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
10 4S 15W -9.10- 69D1 COM NE COR OF SECS TH S 903' W 50' S 264.38' FOR POB TH W 460 SLY 183.49' SELY 339.70' SELYB 77.89' NLY 101.83' N 50' ELY 50' NLY 102.65' TO POB LESS RD R/WS *AND* COM AT SE COR OF SE COR GOVT LOT 7 W 100' FOR POB N 50' E 22.14' SWLY 75.63' N 21.31' TO POB ORB 1635 P 1256 ORB 1635 P 1260 ORB 2394 P 2113
Tax Annual Amount
5975

Listing agent Justin Cater LLC

Listing office EXP Realty LLC 10752 Deerwood Park Blvd Suite 100, Jacksonville, FL

Listing date Mar 4, 2026

MLS# 786238 Listing URL

Copyright © 2026 Central Panhandle Association of REALTORS. 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 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 developers to commence construction. The proposed subdivision includes a private internal roadway, Grand Magnolia Drive, and is designed for 15 residential home sites intended for detached single-family residences. Situated minutes from the bay and surrounded by established neighborhoods and new residential development, this 2.1-acre property is suited for builders, developers, or investors seeking a project ready for immediate progress in a growing area. The location offers convenient access to shopping, dining, schools, and major roadways while maintaining a quiet residential environment. The development order and engineering plans are available upon request. The property is located in Panama City Beach, Florida.

Key Highlights

  • Completed development order and engineered plans significantly reduce development time and costs.
  • Approved for 15 detached single‑family homes in a desirable subdivision.
  • Prime location minutes from the bay, shopping, dining, schools, and major roadways.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

HVAC Service Electrical Service Building Supply Auto Parts Store Garden Center Carpet & Flooring Store Big Box & Wholesale Store Hair Salon Nail Salon Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Land - Development-ready land for single-family homes near the bay.
Where is this land 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.; Approved for 15 detached single‑family homes in a desirable subdivision.; Prime location minutes from the bay, shopping, dining, schools, and major roadways.
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More about this property
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