Magnolia Place
Homes for Sale in Panama City Beach, FL
All 725 homes for sale in Panama City Beach, FL · median $369,000 · 395 homes for sale in 32407 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, the MLS records 1 closed sale in Magnolia Place in Panama City Beach, FL, the most recent in August 2026. Across Panama City Beach as a whole, 613 homes closed in the last 12 months at a median of $442,250, 74 median days on market, with 898 homes for sale today. At that median and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,430 ($4,940 with the full homestead exemption).
Magnolia Place is a small, tightly built pocket of Panama City Beach with homes clustered inside a narrow six-year build window, 1999 to 2005, and a median build year of 2002. With only 53 homes in the community, this is not a market that moves in waves — it moves one listing at a time, and each one tends to set the tone for what comes next.
There is no active closings data in this snapshot, which means pricing conversations here have to lean on the physical profile of the homes rather than recent sale comparables. With a median living area of 1,789 square feet and just under six in ten homes carrying a homestead exemption, this reads as a community built for occupancy more than turnover — buyers and sellers should expect fewer data points and more negotiation grounded in condition and timing.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Magnolia Place is a compact, single-era community in Panama City Beach, with every home built within a six-year span around the early 2000s — a profile that tends to keep construction style and lot layout consistent from one address to the next.
CPAR sales records identify 6 homes in Magnolia Place that have changed hands since 2015, built between 2000 and 2003 (median 2001), with a median living area of about 1,526 sq ft and a typical 3-bedroom, 2-bath layout. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 5 qualified sales in Magnolia Place across 2024–2025 (3 in 2024, 2 in 2025), median $350,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Magnolia Place is best for.
Best for
- Buyers who want a mid-size, single-family home built in a consistent early-2000s era
- Buyers prioritizing a straightforward Panama City Beach location over amenity access
- Buyers comfortable evaluating value through home condition and construction era rather than recent sale comps
Probably not for
- Buyers who want a community with a pool, clubhouse, or organized recreational amenities
- Buyers who need a wide range of home ages or architectural styles to choose from
- Buyers who rely heavily on recent closed-sale data before making an offer
The market around Magnolia Place
Magnolia Place is too small for its own price trend, so here is the market around it.
In ZIP 32407, 462 homes are on the market and 16% are under contract — a slower corner of Panama City Beach.
Across Bay County, 2,406 homes are active and 434 pending (15% under contract).
In ZIP 32407 (Panama City Beach), 198 homes closed in the last 12 months at a median of $376K ($183/sq ft), down 15.4% year over year, with a median 65 days on market. Right now 207 active and 61 pending listings put supply at about 12.5 months — a soft market. See the live ZIP 32407 housing market and the Bay County market.
ZIP and county figures describe the wider market, not Magnolia Place specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Magnolia Place
Live MLS inventory for Magnolia Place. 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 Place listings as of 2026-11-12, 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.
The Magnolia Place buying strategy.
If we were buying in Magnolia Place 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 Place.
A Small, Consistent Footprint
With 53 homes total, Magnolia Place is small enough that individual listings can meaningfully shift the community's character in the moment. The build years cluster from 1999 to 2005, a median of 2002, which means most homes share a similar construction era rather than spanning decades of differing codes, materials, and layouts. That consistency simplifies comparisons between homes but also means the community offers limited variety in home vintage for buyers looking for something markedly older or newer.
The median living area of 1,789 square feet places this squarely in mid-size single-family territory — not a starter-home footprint, not an oversized one. No community amenities are identified in current MLS listings, which tells prospective buyers this is a neighborhood valued for its homes and location rather than a shared clubhouse, pool, or recreational package. Just under six in ten homes here carry a homestead exemption, suggesting a meaningful share of owners treat these as primary residences rather than seasonal or investment holdings, which is worth factoring into expectations around inventory turnover.
The location and the amenities are priced into every listing in Magnolia Place. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this small, with no current closings data to lean on, pricing a home well requires reading the details of comparable listings and construction era rather than pulling from a deep sales history. Momentum tracks Magnolia Place at the listing level, not just the aggregate, so sellers get a realistic number and buyers get a clear-eyed view of what a given home's age and size actually justify.
Magnolia Place in 15 seconds.
Tools for a Magnolia Place 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 Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia Place, 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 Place home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Place, 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 Place
Homes in Magnolia Place 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. 2 on record.
- 7116 Melissa Elaine Drive · off market
- 7117 Brandywine Drive · off market
| Location | Panama City Beach, Bay County, FL · ZIP 32407 |
|---|---|
| Homes in the community | 53 (FL DOR 2025 assessment roll) |
| Years built | 1999–2005 (median 2002) |
| Typical living area | 1,789 sq ft (median) |
| For sale right now | 0 active, 1 pending |
| Owner-occupied (homestead) share | 58% |
Data as of November 11, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Magnolia Place key facts,” movewithmomentum.com/neighborhoods/magnolia-place--bay, data as of November 11, 2026.
Housing distress & ownership in Magnolia Place, 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.
Every Home for Sale in Magnolia Place Bay Right Now (1)
All 1 active and pending Magnolia Place Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 7126 Brandywine Drive, Panama City Beach, Fl 32407 · $514,900 · 3 bd / 2 ba · pending · listed Sep 24, 2026 · listed by Counts Real Estate Group Inc
More Panama City Beach home searches
- All homes for sale in Panama City Beach, FL
- Homes for sale in Bay County, FL
- Homes under $300K in Panama City Beach
- Panama City Beach home values: what is my house worth?
- ZIP 32407 housing scorecard
- 5 coming-soon communities in Bay County
Panama City Beach guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Home insurance cost
- New construction
- ZIP codes
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Real estate agent in Panama City Beach? Join Momentum in Panama City Beach: 100% commission, one $12K cap.
17% of homes for sale in ZIP 32407 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 (2026-11-12).
Email me new listings in Magnolia Place
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Magnolia Place
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Magnolia Place will answer, and the answer is published on this page for the next buyer.
Recent Developments in Magnolia Place Bay
Development, infrastructure, retail, and school activity affecting Magnolia Place Bay, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Boots on the Beach western wear store opens in Panama City Beach
The store held its grand opening on October 28 near Joan Avenue and Thomas Drive, selling men's and women's western clothing and boots and offering a custom hat bar. Co-owner Jo Cochran said Pier Park's only western option is Dillard's.
What it may mean for the marketA specialty apparel shop broadens local shopping choices outside the Pier Park retail core. The site is about 1 mile south of Magnolia Place Bay.
Source: WJHG - October 2026Parks & Amenities
Bay County wraps up second phase of Island View Park renovations
Phase two, costing about $40,000 from the county general budget, adds two pavilions, a basketball court and sidewalks, following a May playground replacement. A new fence is already in. Completion is expected within a few weeks.
What it may mean for the marketAdded courts, shade structures and walkways improve everyday recreation options in the surrounding neighborhood. The project is about 7 miles east of Magnolia Place Bay, elsewhere in Bay County.
Source: WJHG - October 2026Infrastructure
West Beach Drive and Mulberry Avenue water, sewer and sidewalk work set to begin in Panama City
The project covers West Beach Drive from Sixth to Fourth Street and Mulberry Avenue, adding water lines, sewer lines and sidewalks in three phases to keep businesses open. Chevron has agreed to cover extra disposal costs if contaminated soil is found. Crews were expected to mobilize within about a week.
What it may mean for the marketUpgraded utilities and sidewalks support the west-side commercial area, with some construction disruption during phasing. The project is about 7 miles east of Magnolia Place Bay, elsewhere in Bay County.
Source: WJHG - October 2026Infrastructure
Panama City Beach advances Clara Avenue and Cobb Road sidewalks to engineering
City council voted to move sidewalk enhancements on Clara Avenue and Cobb Road into the engineering phase. Mayor Stuart Tettemer hopes to receive engineering work in early to mid 2027 before the next phase. No cost was stated.
What it may mean for the marketPlanned sidewalks would improve walking connections along two local streets, though construction is still more than a year off. The site is about 1 mile south of Magnolia Place Bay.
Source: WJHG - September 2026Development
Panama City Beach council upholds approval of Palmhaven development on Front Beach Road
The Panama City Beach City Council voted to uphold the Planning Board approval of Palmhaven, about 160 homes by Fischer Homes at 12610 Front Beach Road, with added conditions. The developer must build a multi-use trail, public park area and 40 public golf cart parking spaces, and a final development order is required before construction.
What it may mean for the marketAdds roughly 160 homes of new housing supply on the west Front Beach Road corridor, along with a new public park, trail and parking amenities. The site is about 1 mile south of Magnolia Place Bay.
Source: WJHG - August 2026Infrastructure
HCA Florida Gulf Coast Hospital announces $125 million expansion
HCA Florida Gulf Coast Hospital announced a $125 million expansion on its 23rd Street campus, including a new patient tower with 34 additional beds, a 16-bed orthopedic and spine unit, a fourth cath lab, an expanded women's center and a 5,000-square-foot outpatient entrance expansion. The project is in design, with construction of 24 to 36 months and completion targeted for 2029.
What it may mean for the marketAdded hospital capacity and specialty services would improve local healthcare access and add medical-sector employment along the 23rd Street corridor. The site is about 8 miles east of Magnolia Place Bay.
Source: WJHG
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in Magnolia Place?
What share of Magnolia Place is owner-occupied?
When were the homes in Magnolia Place built?
Who is the best real estate agent for Magnolia Place?
How do I find a top Panama City Beach real estate agent who knows Magnolia Place?
Can Momentum Realty connect me with an agent for Magnolia Place?
Where is Magnolia Place, and what county is it in?
Should you buy in Magnolia Place?
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: November 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32407)) |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2026 (1 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. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Magnolia Place fits the bigger picture — live prices, inventory, and Momentum Scores: