Skip to main contentSkip to navigation
1 / 7
Images
Map
Street

Residential Land for Sale in Panama City Beach, Florida

4508 Magnolia Beach Rd, Panama City Beach, FL 32408

$1,150,000
2.1 acres
Active
ago
Est $8,250/mo

Prime development opportunity in Panama City! This residential development site comes with engineered plans and a completed development order for multiple detached single-family homes. The property has already gone through the development order process with engineered plans that include road layout, drainage, utilities, and lot configuration, significantly reducing the time and cost required for a developer to move forward with construction. The proposed subdivision features a private internal roadway (Grand Magnolia Drive) with a total of 15 residential home sites designed for detached single-family residences. Located just minutes from the bay and surrounded by established neighborhoods and new residential development, this property offers an excellent opportunity for builders, developers, or investors looking for a ready-to-move-forward project in a rapidly growing area. Conveniently located near shopping, dining, schools, and major roadways while still offering a quiet residential setting. Development order and engineering plans available upon request. Buyer to verify all measurements, zoning, development details, and feasibility if important.

Location

Street address
4508 Magnolia Beach Rd
Elevation
30 feet
Coordinates
30.159, -85.729

Directions

Take a right onto 4508 MAGNOLIA BEACH RD off Thomas Drive and go down and property will be on your left.

Property details

Acreage
2.1 acres
MLS #
BCAR 786238
Posted

Property taxes

2025
$5,975

Parcels

  • 31235-010-000

Legal description

Details and features

Listing

Type
Land
Zoning
Resid Single Family

Nearby schools

NameType
PatronisElementary
SurfsideMiddle
ArnoldHigh

Listing history

DateEventPriceChangeSource
Mar 4, 2026New listing$1,150,000BCAR
Subscribe to listing updates

Payment calculator

This 2.1-acre property is located at 4508 Magnolia Beach Rd in Panama City Beach, FL 32408. The property is available for sale for $1,150,000 with a price per acre of $547,619.

Checked 2 hours ago — Updated

Report listing issue

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.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact