#771675, Listing office: Beachy Beach Real Estate
$1,150,000 List price
3208 Magnolia Islands Blvd Panama City Beach, FL 32408
4 beds
4 full
4,322 sqft
0.4 acres
$266 / sqft
House
Property details
About 3208 Magnolia Islands Blvd
MAJOR PRICE REDUCTION! In ADDITION to this the Seller is offering a 3-2-1 RATE BUYDOWN! That equates to another $40,000 discount to the Buyer. If you prefer you can use the credit towards your closing costs. 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 fridgeperfect 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 chefs 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. Youll also find three bedrooms and a versatile bonus roomideal 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 homes curb appeal and privacy. This property is the total packageluxurious yet comfortable, private yet perfect for entertaining. Dont miss your chance to make it yours!
Highlights
Home typeSingle Family Residence
StatusActive
CoolingCeiling Fan(s)
Size4,322 sqft
Lot size0.4 Acres
Year built2008
MLS #977404
Attached garage3 spaces
Private poolYes
Summary
- Full Bathrooms: 4
- Appliances: Cooktop, Disposal, Microwave, Self Cleaning Oven, Refrigerator, Wine Cooler
- Interior: Breakfast Bar, Ceiling Crown Molding, Tray/Cofferd Ceiling, Pantry, Split Bedroom, Washer/Dryer Hookups, Wet Bar
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Exterior: Sprinkler System
- Architectural Style: Contemporary
- Cooling: Ceiling Fan(s)
- List Price: $1,150,000
- Price/SqFt: $266
- HOA Amount: $1818 Annually
- Annual Tax Amount: $10,116
- Tax Year: 2023
- Lot: Covenant/Restriction, Cul-De-Sac
- Directions: From Thomas Drive turn onto Magnolia Beach Rd. Turn left onto Preserve Blvd into the Preserve subdivision. At the roundabout take the 2nd exit onto Preserve Blvd, at the next roundabout take the 1st exit onto Preserve Blvd, then turn right onto Magnolia Islands Blvd.
- Year Built: 2008
- Stories: 2
- Living Area: 4,322 SqFt
- Lot Size: 0.4 Acres
- MLS Number: 977404
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Beachy Beach Real Estate
- Office Email: karen@beachybeach.com
- Listing Agent: Karen K Smith
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 7/15/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 03, 2022 | Home Sold | $989,000 |
| Dec 28, 2017 | Home Sold | $700,000 |
| Jul 13, 2016 | Home Sold | $700,000 |
| Sep 09, 2009 | Home Sold | $700,000 |
| Apr 09, 2003 | Home Sold | $75,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $844,975 | $10,116 |
| 2022 | $586,994 | $6,388 |
| 2021 | $569,897 | $6,388 |
| 2020 | $562,029 | $6,418 |
| 2018 | $593,741 | $7,471 |
| 2017 | $593,125 | $7,514 |
History based on county public records data.
Nearby schools
1
St. Andrew School at Oakland Terrace
Public District PK-5
2.2 mi
•2010 W 12th St
5
Lucille Moore Elementary School
Public District PK-5
2.4 mi
•1900 Michigan Ave
4
Palm Bay Elementary School
Public Charter KG-5
2.9 mi
•1104 Balboa Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $117,120. Residents of Panama City Beach, FL typically earn between $100k-200k each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
9%
<35k
27%
35k-100k
40%
100k-200k
24%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
25%
Single, No Kids
4%
Single, with Kids
42%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
13%
18-34 yrs old
48%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Best Buy
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3208 Magnolia Islands Blvd
The listing price of 3208 Magnolia Islands Blvd property is $1,150,000.
The property 3208 Magnolia Islands Blvd is a house located in Panama City Beach, Florida, 32408.
Active Listing: 3208 Magnolia Islands Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3208 Magnolia Islands Blvd are: St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), Palm Bay Elementary School (GreatSchools Rating 4/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Breakfast Point Academy (GreatSchools Rating 6/10), Rising Leaders Academy (GreatSchools Rating 5/10), Palm Bay Preparatory Academy 6-12 (GreatSchools Rating 7/10), Bay Virtual Instruction Program (District Provided) (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $10,116 (source: MLS/based on county public records data).
The last sale was on May 3, 2022 for $989,000 (source: MLS/tax record).
The property at 3208 Magnolia Islands Blvd has 4 bedrooms and 4 bathrooms.
The property 3208 Magnolia Islands Blvd is 4,322 SqFt (source: MLS/tax record).
The year of construction for 3208 Magnolia Islands Blvd is 2008.
This home is located at 3208 Magnolia Islands Blvd in Panama City Beach, FL and zip code 32408 in the The Preserve On The Bay neighborhood. This 4,322 square foot home, which was built in 2008, sits on a 0.40 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $1,150,000.
Panama City Beach, FL housing market in June 2025 saw over 26 listings sold above listed price, more than 47 sold at listed price and over 144 sold below. In June 2025 in Panama City Beach, FL there were 2.4% less homes for sale than in May. The median list price of listings available in June 2025 was $330,871, while the average time on the real estate market was 78 days.
From Rocket Homes Real Estate and based on county public records data.