4508 Magnolia Beach Road, Panama City Beach, FL 32408 (MLS# 786238)


$975,000
4508 Magnolia Beach Road
Panama City Beach, FL 32408
MLS# 786238



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Property Description
MOTIVATED SELLER - READY TO BREAK GROUND! Exceptional development opportunity in one of Panama City Beach's fastest-growing areas. This shovel-ready residential project includes approved engineering plans and a completed Development Order, allowing a developer to significantly reduce the time, cost, and uncertainty typically associated with the entitlement process. The project is designed for 15 detached single-family home sites and includes engineered plans for road layout, drainage, utilities, and lot configuration. With much of the heavy lifting already completed, this is a rare opportunity to step into a development that is substantially advanced through the approval process and positioned for immediate execution. The proposed subdivision features a private internal roadway, Grand Magnolia Drive, creating an attractive residential setting surrounded by established neighborhoods and ongoing growth. Conveniently located just minutes from the bay, shopping, dining, schools, and major transportation corridors, the location offers strong appeal for future homeowners and builders alike. Whether you're a builder, developer, or investor, this property provides a clear path to development with approvals and planning already in place. Development Order and engineering package available upon request. Buyer to verify all measurements, zoning, development details, and feasibility.

Details
Maps
Contract Info
List Price/Acre: 464285.71
Status: Active
List Date: 2026-03-04
List Price: $975,000
Current Price: $975,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Take a right onto 4508 MAGNOLIA BEACH RD off Thomas Drive and go down and property will be on your left.
Street #: 4508
Street Name: Magnolia Beach
Street Suffix: Road
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 31235-010-000
Legal 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
General Property Info
Acreage: 2.1
Lot Size (SqFt): 91302
Lot Dimensions: Irregular
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 5975
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: MOTIVATED SELLER - READY TO BREAK GROUND! Exceptional development opportunity in one of Panama City Beach's fastest-growing areas. This shovel-ready residential project includes approved engineering plans and a completed Development Order, allowing a developer to significantly reduce the time, cost, and uncertainty typically associated with the entitlement process. The project is designed for 15 detached single-family home sites and includes engineered plans for road layout, drainage, utilities, and lot configuration. With much of the heavy lifting already completed, this is a rare opportunity to step into a development that is substantially advanced through the approval process and positioned for immediate execution. The proposed subdivision features a private internal roadway, Grand Magnolia Drive, creating an attractive residential setting surrounded by established neighborhoods and ongoing growth. Conveniently located just minutes from the bay, shopping, dining, schools, and major transportation corridors, the location offers strong appeal for future homeowners and builders alike. Whether you're a builder, developer, or investor, this property provides a clear path to development with approvals and planning already in place. Development Order and engineering package available upon request. Buyer to verify all measurements, zoning, development details, and feasibility.
Financing
Cash: 1
Conventional: 1
Lot Features
Site Plan: 1
Storm Sewer: 1
Survey Available: 1
Present Zoning
Resid Single Family: 1
Utilities
All Utilities: 1
Public Sewer Available: 1
Water Available: 1
Sale Type
As Is: 1
Property Features
Financing: Cash; Conventional
Lot Features: Site Plan; Storm Sewer; Survey Available
Sale Type: As Is
Utilities: All Utilities; Public Sewer Available; Water Available
Present Zoning: Resid Single Family

Listing Office: EXP Realty LLC

Last Updated: June - 13 - 2026

Information deemed reliable but not guaranteed.