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$97,900 -$17,100 (-14.87%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • Updated 11 hours ago
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Here is a rare corner lot in the exclusive Magnolia Bay gated community in Eastpoint. Just over an acre in size, this is a perfect homesite for your dream home on the Forgotten Coast. Amenities include an automatic gate at the community entrance, tennis courts, a community pool, boat ramp and dock with gazebo for watching stunning sunsets over the Bay.

Full Property Details for 278 Magnolia Bay Dr

General

  • Price: $97,900
  • HOA FEE: $150/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $547 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: 933
  • MLS ID: 328183
  • Updated: 9/1/2026
  • Added to Site: 125 day(s) ago

Location

  • Area: Eastpoint
  • Subdivision: Magnolia Bay
  • Driving Directions: From Hwy 98 in Eastpoint head north on North Bayshore Drive

Community

  • Assoc. Fees Include: Accounting, Maintenance Grounds, Recreational Facilities

Utilities

  • Water: Bay
  • Utility Description: Aerobic Needed, Cable Available, Electricity Available, Phone Available, Water Available

Lot Features

  • Lot Dimensions: 209 x 248 x 200 x 224 ap x
  • Lot Features: Boating Access, Corner Lot, Covenants/Restrictions

Water Features

  • Water View: Yes

Financial Considerations

  • Association Fee: $450
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $547
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: BLOCK B LOT 5 MAGNOLIA BAY
  • Restrictions: CC&R, Deed Restrictions
  • Flood Zone Info: AE
  • Property ID: 19-08S-06W-6700-000B-0050

Listed by Berkshire Hathaway HomeServices - SGI

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Listing agents

— 278 Magnolia Bay Dr —

  • Berkshire Hathaway HomeServices - SGI

  • Berkshire Hathaway HomeServices - SGI

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 278 Magnolia Bay Dr

School District:Franklin County School District, Eastpoint, FL
NameGradesDistance
Franklin Virtual Instruction Program
85 School Road, Eastpoint, FL 32328
K-121.3 mi
Franklin County Schools Pk-12
1250 U.S. 98, Eastpoint, FL 32328
PK-124.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 278 Magnolia Bay Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/01/2026
Price Reduced
$97,900
-14.87%
MLS
4/29/2026
Listed
$115,000
-17.86%
MLS
12/02/2003
Sold
$140,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 278 Magnolia Bay Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$547
26%
$76,024
43%
2024
$435
-2%
$53,105
-5%
2023
$444
78%
$55,900
127%
2021
$249
-25%
$24,596
-24%
2022
$334
34%
$32,422
71%
2021
$249
4%
$19,006
-1%
2019
$240
-5%
$19,209
10%
2018
$253
24%
$17,463
10%
2017
$204
-1%
$15,875
-12%
2016
$206
18%
$18,000
36%
2015
$175
11%
$13,200
10%
2014
$157
-51%
$12,000
-53%
2013
$321
—
$25,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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278 Magnolia Bay Dr, Eastpoint, FL 32328 (MLS# 328183) is a Lots/Land property with a lot size of acres. 278 Magnolia Bay Dr is currently listed for $97,900 and was received on April 29, 2026. Want to learn more about 278 Magnolia Bay Dr? Do you have questions about finding other Lots/Land real estate for sale in Eastpoint? You can browse all Eastpoint real estate or contact a Coldwell Banker agent to request more information.

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