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$520,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • Updated 12 days ago
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***Instant Equity.....priced 20k below appraised value*** Welcome to your coastal retreat in the heart of Laguna Beach! This charming two-bedroom home with a versatile flex space or office offers the perfect blend of comfort, convenience, and coastal living. Located south of Highway 98, you'll love being just half a mile from the sugar-white sands and emerald waters of Panama City Beach. Whether you're searching for a starter home, a second home, or a beach getaway, this property checks every box. Enjoy the freedom of a no-HOA community, giving you the flexibility to personalize and use your home as you wish. Inside, the open floor plan provides plenty of natural light and easy flow between living spaces, while the flex room offers endless possibilities - from a home office to a guest space or creative studio. Relax on your porch after a day at the beach and soak in the laid-back coastal atmosphere that makes Laguna Beach so special. This home is your chance to own a piece of paradise on the beautiful Emerald Coast.

Full Property Details for 217 Magnolia Dr

General

  • Price: $520,000
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 781238
  • Updated: 1/5/2026
  • Added to Site: 74 day(s) ago

Interior

  • Number of Rooms: 3
  • Appliances: Electric Range
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Location

  • County: Bay
  • Subdivision: Laguna Beach Estates 7th Add
  • Driving Directions: From Front Beach Rd, turn north onto Twin Lakes, right on to First Ave, left onto Christmas Tree Ln, right onto Palmetto Ave. Property is on the left at the corner of Palmetto and Magnolia Drive.

School Information

  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central

Utilities

  • Utility Description: Electricity Available

Structural Information

  • Architectural Style: Coastal
  • Sq. Ft. Source: Appraiser
  • Year Built: 2018

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 5,968
  • Lot Size: .14
  • Lot Dimensions: 80 x 122 x 32 x 95
  • Frontage: City Street
  • Lot Features: Paved
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: LAGUNA BEACH EST 7TH ADD LOT 23 BLK 37 ORB 4101 P 1401
  • Property ID: 37001-000-000

Listed by Better Homes and Gardens Coast Properties

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— 217 Magnolia Dr —

  • Better Homes and Gardens Coast Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 217 Magnolia Dr

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-55.5 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-85.8 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-127.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 217 Magnolia Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$520,000
-7.13%
MLS
11/24/2025
Price Reduced
$559,900
-2.63%
MLS
11/05/2025
Listed
$575,000
134.22%
MLS
3/13/2019
Sold
$245,500
—
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 217 Magnolia Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,636
2%
$250,425
3%
2023
$2,592
28%
$243,131
19%
2021
$2,028
—
$203,561
-3%
2022
$2,024
—
$209,668
6%
2021
$2,028
1%
$198,363
25%
2019
$2,012
169%
$158,347
165%
2018
$748
40%
$59,798
41%
2017
$536
-1%
$42,500
1%
2016
$539
—
$42,000
2%
2015
$541
—
$41,000
—
2014
$540
10%
$41,000
-2%
2013
$490
—
$42,000
—
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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Listed by Better Homes and Gardens Coast Properties

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217 Magnolia Drive, Panama City Beach, FL 32413 (MLS# 781238) is a Single Family property with 2 bedrooms and 2 full bathrooms. 217 Magnolia Drive is currently listed for $520,000 and was received on November 05, 2025. Want to learn more about 217 Magnolia Drive? Do you have questions about finding other Single Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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