5803 Magnolia Beach Rd, Panama City, FL, 32408

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5803 Magnolia Beach Rd, Panama City$400,000

Buyer Closing Credits

$4,750^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingAttached, Driveway, Garage, Garage Door Opener

Attached Garage2 spaces

Year Built1966

HeatingForced Air

CoolingCentral Air

MLS #765855

Lot Size0.20 Acres

StatusActive

About 5803 Magnolia Beach Rd

This Is the one!! Conveniently close to the naval base and St. Andrew's State Park, this property offers both convenience and serenity. Enjoy the coastal lifestyle with easy access to shopping and dining options. Plus, take advantage of the opportunity for short-term rentals. Recent upgrades include new HVAC, water heater, LVP flooring, Interior and exterior paint, ceiling fans, fully upgraded kitchen with new appliances, garage doors, roof was replaced in 2018 and much more ensuring comfort and efficiency for years to come. An EXTRA LARGE flex living space with fireplace could easily be turned into a fourth bedroom. The artificial Turf makes this house a breeze to maintain. Everything has been done to this house making this the best deal on the beach and it wont last long! Schedule your showing today.

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Property Details

Property Features

Property Information:

• Architectural Style: Coastal
• Year Built: 1966
• Living Area: 1,881 SqFt

Listing Office:

• Office Name: EXP Realty LLC

Interior Features

Interior Information:

• Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
• Interior: Fireplace

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Rain Gutters

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes
• Parking: Attached, Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

• Lot Size: 0.20 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air

Other

Directions Information:

• Directions: Turn onto Magnolia Beach Road from Thomas drive and the property will be on your right.

Price Information

Listing Price Info

Price Summary:

• List Price: $400,000
• Price Per SqFt: $213/SqFt

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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Panama City, FL

City

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

5803 Magnolia Beach Rd vs Panama City

15 DAYS ON ROCKET

-64 Days

$400,000

+$60.7K More

$213/SqFt

+$12 More

KEY TAKEAWAY

This property is $60.7K more than the Median Sold Price and $12/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: BCAR
• MLS Number: #765855

Listing Office:

• Office Name: EXP Realty LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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NMLS#3030

**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32408›5803 Magnolia Beach Rd

This home is located at 5803 Magnolia Beach Rd in Panama City, FL and zip code 32408 in the Point Royal neighborhood. This 1,881 square foot home, which was built in 1966, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $400,000.

Over 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. The number of listings in Panama City, FL decreased by 3.9% between October 2024 and November 2024. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.

From Rocket Homes Real Estate and based on county public records data.