CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Seller motivated MAJOR PRICE REDUCTION! In ADDITION to this the Seller is offering closing cost assistance or help with rate buy down with an acceptable offer. Stunning 4BR/4BA home in Exclusive Gated Community with a Pool! Tucked away on a peaceful cul-de-sac in a prestigious gated community, this beautiful home offers the perfect blend of privacy, luxury, and functionality. Nestled on an oversized lot with mature trees, the serene backyard is your own private oasis--complete with a sparkling pool, paver patio, and a covered area ideal for shaded outdoor entertaining. Step through the impressive mahogany front door into a grand foyer with soaring 20-foot ceilings. The open-concept great room is filled with natural light and features a built-in wet bar with wine and beer fridge--perfect for hosting guests. Elegant trim work, crown moulding, and a coffered ceiling in the home office add custom character and craftsmanship throughout. The updated kitchen boasts new quartz countertops, a gas cooktop, and generous cabinet space, making it a chef's dream. The master bedroom is on the first floor with en-suite bath and walk-in closet. Upstairs, a spacious loft offers a flexible living or game room space for the whole family. You'll also find three bedrooms and a versatile bonus room--ideal as a gym, hobby room, playroom, or extra storage.Additional highlights include a 3-car garage with plenty of space for your vehicles or golf cart, plus lush landscaping that enhances the home's curb appeal and privacy. This property is the total package--luxurious yet comfortable, private yet perfect for entertaining. Don't miss your chance to make it yours!
Under contract
Price cut: $50K (7/23)
$1,100,000
3208 Magnolia Islands Blvd, Panama City Beach, FL 32408
4beds
4,322sqft
Est.:
Single Family Residence
Built in 2008
0.4 Acres Lot
$1,039,500 Zestimate®
$255/sqft
$152/mo HOA
What's special
Spacious loftSerene backyardNew quartz countertopsVersatile bonus roomMature treesSparkling poolEn-suite bath
- 127 days
- on Zillow |
- 304 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 04:47pm
Listed by:
Carrie W Redd 850-866-6410,
Beachy Beach Real Estate,
Stephanie Frimet 850-814-3781,
Beachy Beach Real Estate
Source: CPAR,MLS#: 771675
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom, Dining Room, Great Room, Kitchen, Loft, Primary Bedroom, Office, Bonus Room
Primary bedroom
- Level: First
- Area: 285
- Dimensions: 19 x 15
Bedroom
- Level: Second
- Area: 192
- Dimensions: 16 x 12
Bedroom
- Level: Second
- Area: 180
- Dimensions: 15 x 12
Bedroom
- Level: Second
- Area: 180
- Dimensions: 15 x 12
Bonus room
- Level: Second
- Area: 300
- Dimensions: 30 x 10
Dining room
- Level: First
- Area: 168
- Dimensions: 14 x 12
Great room
- Level: First
- Area: 400
- Dimensions: 20 x 20
Kitchen
- Level: First
- Area: 168
- Dimensions: 14 x 12
Loft
- Level: Second
- Area: 260
- Dimensions: 20 x 13
Office
- Level: First
- Area: 143
- Dimensions: 13 x 11
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Multi Units
Features
- Beamed Ceilings, Breakfast Bar, Bookcases, Loft
Interior area
- Total interior livable area: 4,322 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Driveway, Garage, Garage Door Opener, Paver Block
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Has private pool: Yes
- Pool features: In Ground, Pool, Private
Lot
- Size: 0.4 Acres
- Features: Cul-De-Sac
Details
- Parcel number: 31365789000
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Stone, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2008
Community & HOA
Community
- Features: Gated
- Security: Gated with Guard, Gated Community
- Subdivision: Preserve On The Bay Ph III-A
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Association Management, Security
- HOA fee: $1,819 annually
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $839,905
- Annual tax amount: $9,880
- Date on market: 4/8/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
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