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$487,000
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Property Description
Welcome to Laguna Beach Estates on the desirable west end of Panama City Beach. Built in 2018 by Guyson Construction, this beautifully maintained 2-bedroom, 2-bath home with a bonus room is ideally situated on a corner lot south of Highway 98, just a half-mile from the sugar-white sands and emerald waters of the Gulf. With short-term rentals allowed, no HOA, and no flood zone concerns, this property is an excellent option for a primary residence, second home, or investment property. Inside, you'll find an open floor plan with abundant natural light, new luxury flooring throughout, and an updated kitchen with new appliances. Additional features include energy-efficient construction, enhanced wind-resistant design, professionally coated exterior concrete for added durability, and secure enclosed golf cart parking in this golf-cart-friendly community. Conveniently located just minutes from Pier Park, 30A, shopping, dining, and entertainment, this move-in-ready home offers the perfect opportunity to enjoy the best of the Emerald Coast.
Full Property Details
Full Property Details for 217 Magnolia Dr
General
- Price: $487,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 793351
- Updated: 7/30/2026
- Added to Site: 10 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Main Level Primary, Shower Only, Walk-In Closet(s)
- Appliances: Electric Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Location
- County: Bay
- Subdivision: Laguna Beach Estates 7th Add
- Driving Directions: From Hwy 79 in Panama City Beach, take US-98 W, Turn left onto Oleander Dr. Turn right onto Alta Vista Dr, Turn left onto Magnolia Dr, The destination will be on the right
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, Electric
Utilities
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Ranch
- Roof: Metal
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 2018
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 5,663
- Lot Size: .14
- Lot Dimensions: 80 x 122 x 32 x 95
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Fenced
Financial Considerations
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LAGUNA BEACH EST 7TH ADD LOT 23 BLK 37 ORB 4101 P 1401
- Property ID: 37001-000-000
Listed by Legacy Premier Agency
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Schools
Schools serving 217 Magnolia Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 5.5 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 5.8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 7.9 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 217 Magnolia Dr
Date
Details
Price
Change
Source
7/30/2026
Listed
$487,000
98.37%
MLS
3/13/2019
Sold
$245,500
—
Public Record
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
Tax History for 217 Magnolia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,636
—
$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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 217 Magnolia Dr
217 Magnolia Drive, Panama City Beach, FL 32413 (MLS# 793351) is a Single Family property with 2 bedrooms and 2 full bathrooms. 217 Magnolia Drive is currently listed for $487,000 and was received on July 30, 2026. 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.

