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4508 Magnolia Beach Road

Panama City Beach, FL 32408
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Acres2.10

Acres(Lot)

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 regiona l 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.

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Detail Ic Property Details

Property Type : Land

Price : $950,000

AD Id : 89083966

MLS Id : 793579

Lot Size : 2.10 Acres(Lot)

County : Bay

Subdivision: Lehigh Acres

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Feature Features

  • Lot Information

    Lot Dimensions: 417.0 ft x 219.0 ft Main Square Feet: 2.1 Lot Size Acres: 2.1 Lot Size Square Feet: 91,476 Lot Description: Paved

    Property Information

    Subdivision: Magnolia Beach Source Property Type: Land MLS Area Minor: 0319 - Beach - East Zoning Description: Resid Single Family Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $950000

  • Tax Information

    Parcel Number: 31235-010-000 Tax Year: 2025 Annual Tax: $5975.24 Tax Legal Desc: 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 4751 P 457

  • School Information

    Elementary School: Patronis Junior High School: Breakfast Point Senior High School: Arnold
  • Utility Information

    SewerAvailable
  • Location Information

    Direction: South Navy Boulevard, turn left on Magnolia Beach Road, the property is located on the corner of Magnolia Beach Road and Bear Point Road.
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Nearby Home Value

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3526 Cottage Cove Lane, Panama City Beach, FL, 32408 $145,000 -- -- -- 0.19 Acre(Lot)
3549 Sanctuary Drive, Panama City Beach, FL, 32408 $79,900 -- -- -- 0.11 Acre(Lot)
Diana Court, Panama City Beach, FL, 32408 $350,000 -- -- -- 0.61 Acre(Lot)
3641 Preserve Boulevard.., Panama City Beach, FL, 32408 $180,900 -- -- -- 0.29 Acre(Lot)
5234 Finisterre Drive, Panama City Beach, FL, 32408 $899,000 -- -- -- 0.71 Acre(Lot)
3301 Terra Cotta Drive, Panama City Beach, FL, 32408 $525,000 -- -- -- 0.50 Acre(Lot)
5217 Finisterre Drive, Panama City Beach, FL, 32408 $160,000 -- -- -- 0.33 Acre(Lot)
3319 Terra Cotta Drive, Panama City Beach, FL, 32408 $549,000 -- -- -- 0.29 Acre(Lot)
5228 Kingston Circle, Panama City Beach, FL, 32408 $100,000 -- -- -- 0.11 Acre(Lot)
1 Kingston Circle, Panama City Beach, FL, 32408 $135,000 -- -- -- 0.16 Acre(Lot)

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ByOwner last updated this listing 08/09/2026 @ 14:05

MLS: 793579 LISTED BY: Andrea Chester, Think Real Estate 850-270-4200 SOURCE: CPAR

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