Magnolia Bay Club
Condos for Sale in Panama City Beach, FL
All 791 homes for sale in Panama City Beach, FL · median $369,900 · 751 condos for sale in Panama City Beach · 375 homes for sale in 32408 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of September 2026, Magnolia Bay Club in Panama City Beach, FL has 7 homes for sale and 1 pending, asking from $335,000 to $525,000 (median $374,900). Over the 12 months ending 2026-09-20, 6 recorded sales closed at a median of $387,500, a median 55 days on market, sellers accepting 92% of original asking (-0% versus the prior year). Homes listed or recently sold were built 2008–2014; 8 of 8 report an HOA (median $1,067/mo); none of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $4,760 ($4,270 with the full homestead exemption).
| Location | Panama City Beach, Bay County, FL · ZIP 32408, 32412 |
|---|---|
| Home types (current listings and sales) | condos 75%, singlefamilyresidence 25% |
| Sale prices, last 12 months | $387,500 median across 6 closed sales · -0.3% vs the prior 12 months |
| Days on market (closed sales) | 55 median |
| For sale right now | 7 active, 1 pending · median asking $374,900 |
Data as of September 20, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Market figures describe homes, not residents. Cite as: Momentum Realty, “Magnolia Bay Club key facts,” movewithmomentum.com/neighborhoods/magnolia-bay-club--bay, data as of September 20, 2026.
Last 30 days in Magnolia Bay Club: 1 new listing (median asking $374,900), 1 under contract right now. As of September 27, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Magnolia Bay Club
Live MLS inventory for Magnolia Bay Club. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Magnolia Bay Club listings as of 2026-09-26, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Magnolia Bay Club Bay Right Now (8)
All 8 active and pending Magnolia Bay Club Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 2400 Grandiflora Boulevard E403, Panama City, Fl 32408 · $374,900 · 3 bd / 3 ba · listed Sep 8, 2026 · listed by Beachy Beach Real Estate
- 4721 Bigleaf Lane, Panama City Beach, Fl 32408 · $449,000 · 4 bd / 4 ba · pending · listed Aug 29, 2026 · listed by Keller Williams Success Realty
- 4839 Stellata Lane, Panama City Beach, Fl 32408 · $385,000 · 3 bd / 3 ba · listed Aug 13, 2026 · listed by Legacy Premier Agency
- 2400 Grandiflora Boulevard E404, Panama City Beach, Fl 32408 · $342,000 · 3 bd / 3 ba · listed Aug 1, 2026 · listed by Coldwell Banker Realty
- 2400 Grandiflora Boulevard 1002, Panama City, Fl 32408 · $335,000 · 1 bd / 2 ba · listed Jul 25, 2026 · listed by Keller Williams Success Realty
- 2400 Grandiflora Boulevard E601, Panama City, Fl 32408 · $525,000 · 3 bd / 3 ba · listed Jul 15, 2026 · listed by Home Town Realty Partners LLC
- 2400 Grandiflora Boulevard E406, Panama City Beach, Fl 32408 · $375,000 · 3 bd / 3 ba · listed Jun 27, 2026 · listed by Sims Resort Realty, Inc
- 2400 Grandiflora Boulevard 1006, Panama City Beach, Fl 32408 · $360,000 · 3 bd / 3 ba · listed Jun 27, 2026 · listed by Coldwell Banker Realty
Magnolia Bay Club is a compact, single-era community — 66 homes built between 2007 and 2016, with the median completion year around 2014. That tight construction window matters: it means the price here is driven far less by "old versus new" and far more by condition, updates, and layout. With a median living area just over 2,200 square feet and a median price of $385,000, this is a mid-sized-home market where a renovated interior can pull well above the median and a dated one can sit below it.
The current posture favors a patient buyer. Median days on market sit at 62 — slower than a hot market — and prices are down 4% year over year, with a market heat score of 26 that confirms conditions are cool. For sellers, that means pricing to the current comps and preparing the home properly, not chasing last year's number. For buyers, the slower pace leaves room to negotiate and to be selective on condition.
Magnolia Bay Club right now
🟡 Off the recent peak. The trailing-12-month median ($388K) is down 0.3% from the prior 12 months ($388K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 20. Confidence: Medium (6 and 10 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 28, 2026 · Live data: CPAR MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Magnolia Bay Club market snapshot (as of September 20, 2026): the median sale price is about $388K, and a median 55 days on market for closed sales. The trailing-12-month median is down 0% from the prior 12 months, computed from record-level CPAR MLS closed sales (6 closings in the current window).
In ZIP 32408 (Panama City Beach), 1,792 homes closed in the last 12 months at a median of $400K, down 0.6% year over year, with a median 75 days on market. Right now 1,195 active and 202 pending listings — a buyer's market. See the live ZIP 32408 housing market and the Bay County market.
CPAR sales records identify 11 homes in Magnolia Bay Club that have changed hands since 2016, built between 2008 and 2014 (median 2008), with a median living area of about 1,823 sq ft and a typical 3-bedroom, 3-bath layout; 73% are condominiums. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
A small, uniformly-aged enclave in Panama City Beach where homes cluster around the mid-2,200-square-foot mark. With no community amenities identified in current MLS listings, value here rests on the homes themselves and the location rather than shared facilities.
The setting & the homes.
Aerial and on-site photos of Magnolia Bay Club. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Magnolia Bay ClubPhotos from CPAR MLS listings in Magnolia Bay Club; content deemed reliable but not guaranteed.
Who Magnolia Bay Club is best for.
Best for
- Buyers targeting a roughly 2,200-square-foot home near the mid-$380s who will trade patience for negotiating room
- Owner-occupants who want a newer-generation build without paying a premium for brand-new construction
- Value-minded buyers willing to take on a dated interior at a below-median price and update over time
Probably not for
- Buyers who require pool, clubhouse, or other shared amenities, which current listings do not identify
- Sellers who need a fast exit in a market with a 62-day median time on market
- Investors banking on near-term appreciation while prices are trending down year over year
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($388K) IS the median in the snapshot above, and the move from 2025 ($388K) IS the -0.3% one-year change.
Windows contain 2 to 35 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
11% of homes for sale in ZIP 32408 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-21).
Magnolia Bay Club Market Scorecard
Magnolia Bay Club is currently a balanced market., a median asking price of $374,900, and homes go under contract in about 47 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Magnolia Bay Club, Panama City Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Magnolia Bay Club on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from CPAR MLS. Map data © OpenStreetMap, tiles © CARTO.
The Magnolia Bay Club buying strategy.
If we were buying in Magnolia Bay Club today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Magnolia Bay Club.
A condition-driven market in a narrow build window
Because every home here was built within roughly a decade of the others, buyers aren't weighing wildly different vintages against each other. The differentiator is what's happened inside since — kitchens, baths, flooring, and mechanicals. That's why we treat the $385,000 median as a reference point, not a ceiling or a floor: a well-updated home and a tired one can both trade in this community at meaningfully different prices around that center.
The homestead share sits at roughly 54%, meaning a bit over half of the homes carry a homestead exemption and the rest do not. Combined with a 62-day median time on market and a soft year-over-year trend, the message for both sides is the same: this is a market that rewards accurate pricing and rewards buyers who do their homework on each specific home rather than assuming the community sets the value.
The location and the amenities are priced into every listing in Magnolia Bay Club. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, condition-driven community like Magnolia Bay Club, the win comes from reading each home against the current comps — not the headline median. We know how to price a listing to move in a 62-day, cooling market, and how to help a buyer separate a genuinely updated home from cosmetic staging. That's the whole job here: getting the number right on a specific house.
Magnolia Bay Club in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $1,067/month (about $12,804/yr) · median of 136 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $1,067 per month ($12,804 a year) — the median AssociationFee across 136 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Magnolia Bay Club buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Magnolia Bay Club sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia Bay Club, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Magnolia Bay Club home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Bay Club, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Panama City Beach →
Recently off market in Magnolia Bay Club
Homes in Magnolia Bay Club that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 2400 Grandiflora Boulevard E409 · off market
Frequently Asked Questions
What is the median home price in Magnolia Bay Club?
How long do homes in Magnolia Bay Club take to sell?
Who is the best real estate agent for Magnolia Bay Club?
How do I find a top Panama City Beach real estate agent who knows Magnolia Bay Club?
Can Momentum Realty connect me with an agent for Magnolia Bay Club?
Where is Magnolia Bay Club, and what county is it in?
Should you buy in Magnolia Bay Club?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: September 26, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (233 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Magnolia Bay Club fits the bigger picture — live prices, inventory, and Momentum Scores:
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