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4508 Magnolia Beach Road, Panama City Beach, FL 32408
$825,000
2.1 Acres
Listing Office: Think Real Estate







Approved 15-Lot Residential Development Opportunity. A rare, shovel-ready residential development opportunity in one of Bay County's growing markets.
This property offers developers and builders a significant advantage with an approved Development Order already in place for a 15-home residential subdivision, including approved plans for roadway infrastructure and stormwater management. Avoid the lengthy entitlement process and move directly toward construction.
This development has been thoughtfully designed to maximize the property's potential while providing an efficient layout for future homeowners. With development approvals secured, investors can save valuable time and reduce the uncertainty often associated with raw land acquisitions.
Whether you are an established regional builder or an investor seeking a development-ready project, this property presents an exceptional opportunity to capitalize on the continued demand for new housing in the Panama City Beach area.
Development opportunities with approvals already in place are increasingly difficult to find. Bring your construction team and begin planning your next successful community today.
For additional information, including the approved Development Order, site plans, and development documents, contact the listing agent.
Listing Agent:
License Number:
Offered by: Think Real Estate
Office Phone: 850-270-4200
MLS: #793579
Central Panhandle Association of REALTORS® MLS
Date Added: 08/03/2026 12:00:00 am
Last Update: 09/08/2026 04:21:44 pm
Days on Market: 85
Location
- Originating MLS: CPAR_CPAR
- County: Bay
Lot
- Zoning: 10 4S 15W -9.10- 69D1 COM NE COR OF SECS TH S 903' W 50' S 264.38' FOR POB TH W 460 SLY 183.49' SELY 339.70' SELYB 77.89' NLY 101.83' N 50' ELY 50' NLY 102.65' TO POB LESS RD R/WS *AND* COM AT SE COR OF SE COR GOVT LOT 7 W 100' FOR POB N 50' E 22.14' SWLY 75.63' N 21.31' TO POB ORB 4751 P 457, 31235-010-000
Utilities
- Utilities: Sewer Available
Financial
- Source: CPAR_CPAR
Property
- Type: Land
- Parcel #: 31235-010-000
Schools
- Elementary: Patronis
- Middle: Breakfast Point
- High: Arnold
04/10/2023Off Market
11/28/2022$999,000
10/13/2022$1,100,000
08/22/2022$1,200,000
08/22/2022Active
Property For Sale
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MLS: #793579
Source: Central Panhandle Association of REALTORS® MLS
<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_184_large.png' ALT='IDX'> The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2026 Central Panhandle Association of REALTORS.© All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
View Listing4508 Magnolia Beach Road, Panama City Beach, FL 32408 is a 2.1 Acres, Land built in .
This property is currently available and was listed by Central Panhandle Association of REALTORS® MLS on 08/03/2026 12:00:00 am. The MLS # for the property is MLS #793579.
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