Welcome to Preserve on the Bay, a gated community on Panama City Beach and discover luxury living at its finest in this stunning home ideally located on Magnolia Islands Blvd. Recently renovated in 2021, this exquisite property offers unparalleled craftsmanship and exceptional amenities. This home features 4 spacious bedrooms, office and five bathrooms. Step into comfort with two bedrooms conveniently located on the first floor, including a master suite that boasts expansive closets and a spa-like bathroom. Experience the epitome of culinary excellence in the gourmet kitchen, equipped with professional-grade appliances to include Sub Zero fridge, Wolf stovetop, Bosch double wall oven. Furthermore, custom cabinetry, granite countertops, and an elegant wine cooler. The open-concept design encourages a flowing connection between the kitchen and living spaces, perfect for entertaining. The interior is adorned with all-new flooring, combining rich hardwoods and high-end marble for a look of modern sophistication. Advanced features such as a whole-house generator, spray foam insulation, Sonos sound system, all wall mounted TV's, Blink cameras, security system and instant-on hot water ensure year-round comfort and efficiency. Top all that off with a 50'' home safe. Step outside to a screened, enclosed pool that invites relaxation and entertainment. The space is complemented by a professional-grade outdoor kitchen that includes a 48'' Fire Magic gas grill with 2 side burners, 2 refrigerators, perfect for hosting gatherings in style. Additionally, the heated and cooled 3 car garage provides a versatile area suitable for hobbies, a fitness room, or extra storage. Living in The Preserve on the Bay not only means having a beautiful home but also enjoying the security and privacy of a gated community. This home is a true haven for those aspiring to a blend of comfort, style, and functionality. Embrace the opportunity to own a slice of paradise in one of Panama City's most sought after neighborhood. Perfect for discerning buyers seeking a high-quality, move-in ready home, this property promises a lifestyle of luxury and tranquility. Call today for a private viewing..
Sold for $1,150,000 on 11/18/24
$1,150,000
3202 Magnolia Island Blvd, Panama City, FL 32408
4beds
3,800sqft
Single Family Residence
Built in 2003
0.46 Acres Lot
$1,132,900 Zestimate®
$303/sqft
$4,880 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 04:30am
Listed by:
Bubba McCants 850-624-8433,
Counts Real Estate Group Inc
Bought with:
Non Member Agent (NABOR)
Non Member Office (NABOR)
Source: ECAOR,MLS#: 949353
Originating MLS: Emerald Coast

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Primary bedroom
- Features: MBed Sitting Area
- Level: First
Primary bathroom
- Features: Double Vanity, MBath Separate Shwr, MBath Tile, Walk-In Closet(s)
Kitchen
- Level: First
Living room
- Level: First
Heating
- Heat Pump Air To Air
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal, Range Hood, Refrigerator, Gas Range, Wine Refrigerator, Tankless Water Heater
Features
- Bookcases, Crown Molding, Split Bedroom, Bedroom, Dining Room, Kitchen, Living Room, Master Bedroom, Office
- Flooring: Hardwood, Marble
- Has fireplace: Yes
- Fireplace features: Fireplace
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
Property
Parking
- Total spaces: 3
- Parking features: Covered, Attached, Oversized
- Attached garage spaces: 3
Features
- Stories: 2
- Patio & porch: Porch, Porch Screened
- Exterior features: Barbecue, Sprinkler System, Outdoor Kitchen
- Has private pool: Yes
- Pool features: Private, Gunite, In Ground
- Fencing: Back Yard
Lot
- Size: 0.46 Acres
- Dimensions: 185 x 72 x 146 x 183
- Features: Controlled Access, Corner Lot, Covenants, Restrictions
Details
- Parcel number: 31365792000
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Roof Dimensional Shg
Condition
- Construction Complete
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Connected
Community & neighborhood
Community
- Community features: Gated
Location
- Region: Panama City
- Subdivision: Preserve On The Bay Ph Iii-a
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,475 annually
- Services included: Master Association, Trash
Other
Other facts
- Listing terms: Conventional
Services availability

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