Magnolia Place
Homes for Sale in Panama City Beach, FL

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.

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.

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.

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.

Listings in this community report association dues of about $19 per month — the median AssociationFee across 27 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.