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Residential Land for Sale in Panama City Beach, Florida

4508 Magnolia Beach Rd, Panama City Beach, FL 32408

$950,000
2.1 acres
Active sale
ago
Est $6,942/mo

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 regional 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.

Location

Street address
4508 Magnolia Beach Rd
Zip code
32408
Community
Magnolia Beach
Elevation
30 feet
Coordinates
30.159, -85.729

Directions

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

Property details

Acreage
2.1 acres
Zoning
Resid Single Family
MLS #
BCAR 793579
Posted

Property taxes

2025
$5,975

Parcels

  • 31235-010-000

Legal description

Details and features

Listing

Type
Land

Lot

Features
Paved

Nearby schools

NameType
PatronisElementary
Breakfast PointMiddle
ArnoldHigh

Listing history

DateEventPriceChangeSource
Aug 5, 2026New listing$950,000BCAR
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This 2.1-acre property is located at 4508 Magnolia Beach Rd in Panama City Beach, FL 32408. The land is available for sale, priced at $950,000 — $452,381 per acre.

Listed by Think Real Estate, (850) 890-6262

Checked 2 hours agoUpdated Source

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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.

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