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$520,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,335 Sq. Ft.
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***Priced 20k below appraisal***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 1/4 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: Emerald_Coast
  • MLS ID: 989039
  • Updated: 1/5/2026
  • Added to Site: 118 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Kitchen, Living Room, Master Bedroom
  • Interior Features: Ceiling Tray/Cofferd, Furnished - None, Lighting Recessed
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Oven Electric

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen

Exterior

  • Exterior Features: Fenced Back Yard, Patio Covered

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Laguna Beach 7Th Addn
  • 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

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric

Utilities

  • Utility Description: Electric, Public Water, Septic Tank

Structural Information

  • Architectural Style: Beach House
  • Construction: Roof Metal
  • Stories/Levels: 1
  • Square Feet: 1,335
  • Sq. Ft. Source: Appraiser
  • Year Built: 2018

Lot Features

  • Lot Dimensions: 80 x 122 x 32 x 95
  • Street/Road Desc.: City Road, Paved Road
  • Zoning: Resid Single Family

Financial Considerations

  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: LAGUNA BEACH EST 7TH ADD LOT 23 BLK 37 ORB 4101 P 1401
  • APN: 37001-0000-0000

Listed by Better Homes and Gardens Real Estate Coast Properties

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— 217 Magnolia Dr —

  • Better Homes and Gardens Real Estate Coast Properties

  • Better Homes and Gardens Real Estate Coast Properties

Get Pre-Approved Today

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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
2025
$2,682
2%
$257,687
3%
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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217 Magnolia Drive, Panama City Beach, FL 32413 (MLS# 989039) 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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