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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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4508 Magnolia Beach Rd , Panama City Beach, FL 32408
$950,000
Est. Payment: $4,818.22/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 10
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Approved 15-Lot Residential Development Opportunity. A rare, shovel-ready residential development opportunity in one of Bay County's growing markets. This property offers developers and builders a significant advantage with an approved Development Order already in place for a 15-home residential subdivision, including approved plans for roadway infrastructure and stormwater management. Avoid the lengthy entitlement process and move directly toward construction. This development has been thoughtfully designed to maximize the property's potential while providing an efficient layout for future homeowners. With development approvals secured, investors can save valuable time and reduce the uncertainty often associated with raw land acquisitions. Whether you are an established regional builder or an investor seeking a development-ready project, this property presents an exceptional opportunity to capitalize on the continued demand for new housing in the Panama City Beach area. Development opportunities with approvals already in place are increasingly difficult to find. Bring your construction team and begin planning your next successful community today. For additional information, including the approved Development Order, site plans, and development documents, contact the listing agent.

Highlights

Listed by Andrea M Chester , 850-819-7487 Think Real Estate , 850-270-4200. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
2.1

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Magnolia Beach

Listing ID

793579

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Paved
Lot Dimensions:417.0 ft x 219.0 ft
Zoning:Resid Single Family
Principal Interest
$4,818
Taxes
$498

Home Price

$950,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,818.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,818.22 $497.94 $0.00 $5,316.16
Yearly $57,818.65 $5,975.24 $0.00 $63,793.89
Total $1,734,559.47 $179,257.20 $0.00 $1,913,816.67

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS