Magnolia Place
Homes for Sale in Panama City Beach, FL
All 731 homes for sale in Panama City Beach, FL · median $365,000 · 397 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 October 2026, Magnolia Place in Panama City Beach, FL has 1 home for sale. As of October 2026, the MLS records 43 closed sales in Magnolia Place in Panama City Beach, FL since 2012, the most recent in August 2026. Across Panama City Beach as a whole, 18 homes closed in the last 12 months at a median of $425,000, 76 median days on market, with 5 homes for sale today. At that median and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,220 ($4,730 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 3 qualified sales in Magnolia Place across 2024–2025 (1 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, 488 homes are on the market and 14% are under contract — a slower corner of Panama City Beach.
Across Bay County, 2,515 homes are active and 528 pending (17% under contract).
In ZIP 32407 (Panama City Beach), 1,458 homes closed in the last 12 months at a median of $398K ($183/sq ft), down 1.6% year over year, with a median 80 days on market. Right now 1,101 active and 151 pending listings put supply at about 6.7 months — a buyer's 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 2026-10-20, 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.
What it really costs to own in Magnolia Place
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $2,648/yr across 4 listings here (MLS tax records, 2026-10-20). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Bay County is $1,928/yr (1,264 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2001 across 4 listings. An original roof here would be about 25 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
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.
HOA, CDD & Fees
- HOA dues reported around $228/year (about $19/month) · median of 75 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $228 a year ($19 a month) — the median AssociationFee across 75 MLS records, normalised to a monthly figure; most are billed annually. 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, 2026-10.
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 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. 1 on record.
- 7117 Brandywine Drive · off market
| Location | Panama City Beach, Bay County, FL · ZIP 32407, 32408 |
|---|---|
| Homes in the community | 37 (FL DOR 2025 assessment roll) |
| Years built | 1999–2005 (median 2003) |
| Typical living area | 1,801 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $325,000 |
| Owner-occupied (homestead) share | 62% |
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; 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 September 20, 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 (2)
All 2 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
- 7116 Melissa Elaine Drive, Panama City Beach, Fl 32407 · $290,000 · 4 bd / 2 ba · pending · listed Sep 10, 2026 · listed by LPT Realty LLC
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
- Homes from $300K to $500K in Panama City Beach
- 4-bedroom homes for sale in Panama City Beach
- Panama City Beach home values: what is my house worth?
- ZIP 32407 housing scorecard
- 3 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
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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 (2026-10-20).
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 October 2026.
- September 2026Retail & Dining
Panama City meets Houston developer interested in part of Panama City Mall site
Panama City officials met a Houston developer interested in buying a portion of the largely vacant Panama City Mall, owned by Hendon Properties, with a retail focus. Discussions covered rezoning, possible CRA participation and plan submittal. The mayor called the FDOT US 231 widening, planned to six lanes from US 98 to SR 20, the biggest holdup.
What it may mean for the marketPossible retail redevelopment of a large vacant site could add shopping options near the US 231 corridor, with timing tied to road widening and rezoning. The project is about 8 miles east of Magnolia Place Bay, elsewhere in Bay County.
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 - July 2026Parks & Amenities
Panama City Beach approves $1.25 million to rehabilitate Conservation Park boardwalks
The Panama City Beach city council approved a budget of $1.25 million to rehabilitate more than one mile of boardwalks at Conservation Park. The funding covers rehabilitation of the park's boardwalk system.
What it may mean for the marketInvestment in Conservation Park boardwalks upgrades a recreational amenity in Panama City Beach. The project is about 9 miles northwest of Magnolia Place Bay, elsewhere in Bay County.
Source: WJHG News Channel 7 - July 2026Civic
Panama City approves 12-month moratorium on AI data centers
Panama City commissioners unanimously approved a 12-month pause on AI data centers in certain areas, following a six-month restriction adopted by Bay County the prior week. The city said it will use the period to study data center operations and revisit how they fit into local zoning and land-use rules.
What it may mean for the marketA temporary pause shapes where data centers can locate while the city reviews zoning and land-use standards. The project is about 9 miles east of Magnolia Place Bay, elsewhere in Bay County.
Source: WJHG News Channel 7 - June 2026Infrastructure
Panama City moves downtown marina slip construction to bid, ends City Marina Partners deal
Panama City put the first 50 boat slips at the Downtown Marina out for contractor bids, with construction expected to begin shortly after a contract is awarded and the bid window closing June 16. Commissioners also ended their working relationship with City Marina Partners and budgeted payment for work already completed.
What it may mean for the marketProgress on downtown marina slip construction advances waterfront infrastructure in the Panama City core. The project is about 9 miles east of Magnolia Place Bay, elsewhere in Bay County.
Source: WJHG News Channel 7
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: October 20, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32407/32408)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (43 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.
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