Sold: Feb 04, 2026 - Waterfront
Address
2327 Magnolia Drive, Panama City, FL
Price
$ 525,000
Property Attributes
- MLS#782257
- TypeLand
- Listing Status Closed
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodMagnolia Estates
- Zip32408
- Style
- Taxes$ 1795
- Price$ 525,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.54 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Discover a rare waterfront opportunity on a quiet, secluded lagoon with an impressive 110 feet on the water. This property offers direct access to the Gulf and puts you just minutes from Shell Island. Positioned just outside of Bay Point, you're close to the marinas, dining, and attractions that make the east end of PCB such a sought-after area. The setting is peaceful, the water access is exceptional, and the possibilities for building are wide open. Lots like this simply don't come around often. See it for yourself and get a feel for the lifestyle this spot can offer. Photos and Drone footage coming soon...
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 12/6/2025 | Listed $550,000 |
General Features
| Utilities | Sewer Available |
|---|---|
| Property Subtype | Unimproved Land |
| Tax Year | 2024 |
| County | Bay |
| Property Type | Land |
| HOA | false |
| Subdivision Name | Magnolia Estates |
| Special Listing Conditions | Listed As-Is |
| Status | Closed |
| Directions | From Navy Blvd. turn onto Magnolia Beach Rd. and go down about a mile and a half and then turn left onto Magnolia Dr. follow on around to your left and look for sign on your right. |
| High School | Arnold |
| City | Panama City |
| Zoning Description | Resid Single Family |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 23430 |
| Elementary School | Patronis |
| Tax Annual Amount | 1795 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0319 - Beach - East |
| Standard Status | Closed |
| Property Sub Type Additional | Residential,Unimproved Land |
| Waterfront Features | Gulf Access,Lagoon,Seawall |
| View | Bay |
Exterior Features
| Lot Size Area | 0.54 |
|---|---|
| Lot Dimensions | 110x213 |
| Mobile Home Dimensions | Feet |
| Lot Size Acres | 0.54 |
| Road Frontage Type | City Street |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 32408
Price
Taxes
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
