2327 Magnolia Drive, Panama City, FL 32408 - Photo 1

1/1

$525,000

Sold
Closed
Vacant Land
0.54 Acres

1/1

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...

Full Property Details

Full Property Details for 2327 Magnolia Dr

General

Sold For: $525,000
Taxes: $1,795 (2024)
Status: Closed
Type: Vacant Land
Source: Bay_County
MLS ID: 782257
Added to Site: 81 day(s) ago

Location

County: Bay
Subdivision: Magnolia Estates
Driving 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.

School Information

Elementary School: Patronis
Middle School: Surfside
High School: Arnold

Community

Community Name: 03 - Bay County - Beach

Utilities

Utility Description: Sewer Available

Lot Features

Property View: Bay
Lot Size (Acres): 0.54
Lot Size (Sq. Ft.): 23,430
Lot Size: .54
Lot Dimensions: 110 x 213
Frontage: City Street
Zoning: Resid Single Family

Water Features

Water Front: Yes
Water View: Yes
Water Front Desc.: Seawall
Water Front View: Seawall

Financial Considerations

Tax Amount: $1,795
Tax Year: 2024

Disclosures and Reports

Special Conditions: Listed As-Is
Legal Description: MAGNOLIA ESTS REPLAT 69D1 LOT 19 LESS PCL DESC AS: BEG AT SE COR LOT 19 W 69' NELY 252.22' TO NWLY COR LOT 20 SWLY 216.92' TO POB ORB 3950 P 193
Property ID: 31257-000-000

Listed by Counts Real Estate Group Inc
Sold by Corcoran Reverie

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— 2327 Magnolia Dr —

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Schools

Schools serving 2327 Magnolia Dr

School District:Bay County School District

Name	Grades	Distance
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408	K-5	1.8 mi
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413	6-8	7.7 mi
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407	9-12	5.7 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 2327 Magnolia Dr

Date

Details

Price

Change

Source

2/04/2026

Sold

$525,000

-4.55%

MLS

12/02/2025

Listed

$550,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3
Beds
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Total Baths
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3
Beds
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Total Baths

Sold by Eva Mullins

2327 Magnolia Drive, Panama City, FL 32408 (MLS# 782257) is a Vacant Land property that was sold at $525,000 on February 04, 2026. Want to learn more about 2327 Magnolia Drive? Do you have questions about finding other Vacant Land real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

2327 Magnolia Dr Panama City, FL 32408