Prime development opportunity in Panama City! This residential

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Acreage For Sale

4508 Magnolia Beach Road

Panama City Beach, Florida 32408

Bay County

Community: No med Subdivision

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$1,150,000 2.100 acres

Prime development opportunity in Panama City! This residential development site comes with engineered plans and a completed development order for multiple detached single-family homes. The property has already gone through the development order process with engineered plans that include road layout, drainage, utilities, and lot configuration, significantly reducing the time and cost required for a developer to move forward with construction. The proposed subdivision features a private internal roadway (Grand Magnolia Drive) with a total of 15 residential home sites designed for detached single-family residences. Located just minutes from the bay and surrounded by established neighborhoods and new residential development, this property offers an excellent opportunity for builders, developers, or investors looking for a ready-to-move-forward project in a rapidly growing area. Conveniently located near shopping, dining, schools, and major roadways while still offering a quiet residential setting. Development order and engineering plans available upon request. Buyer to verify all measurements, zoning, development details, and feasibility if important.

  • Lot Size: 2.100 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $5,975
  • MLS #: 786238
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Contact Information:
Beach Acreage For Sale in Panama City Beach, Florida
Listing Agent: Justin Cater LLC, EXP Realty LLC, 850-819-7445, 888-883-8509 Listing Site, Listing Status: Active
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7351880
Viewed 21 times.
Updated: Mar 05, 2026

This property is a Acreage located at 4508 Magnolia Beach Road, Panama City Beach, Florida 32408, and is currently For Sale at $1,150,000.