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$615,000

Beds
2
Baths
2.0
sq ft
864

321 Magnolia Dr, Panama City Beach, FL 32413

321 Magnolia Dr

Panama City Beach, FL 32413

  • 3 days on market
Coastal charm meets modern luxury in this stunning 2-bedroom, 2-bath beach cottage in Laguna Beach! Just steps from the pristine white sands and minutes from the vibrant 30A lifestyle or Pier Park, this professionally designed retreat is offered fully furnished and turnkey--including all-new decor and a golf cart for effortless beach cruising. The backyard has been transformed into a private oasis with a brand-new, luxurious swimming pool, perfect for relaxing or entertaining. With short-term rentals are allowed and no HOA, this homes makes an excellent investment opportunity with strong income potential. Whether you're looking for a serene getaway or a high-performing vacation rental, this beautifully curated cottage is a dream come true!

Details

Property type

Single Family Residence

Est. home value

$440,361

Lot size

7,405 sq ft

Price per sq ft

$712

Year built

2016

Annual property taxes

$4,242

HOA

No

Price History

02/28/2025
CentralPanhandle

CentralPanhandle #769540

Listed
$615,000
+64%
10/17/2024
CentralPanhandle

CentralPanhandle #760443

Sold
$375,000
-6.25%
09/24/2024
CentralPanhandle

CentralPanhandle #760443

Pending
$400,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

William Allen

Loan start date

February 2022

Original loan amount

$220,000

Est. remaining balance

Not provided

Interest rate

3.22%

Loan type

Commercial

Seller

Shorefront Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 6:00 PM

Listing updated: 02/28/2025 at 3:19 PM

Listed by: Mila Jackson, Real Broker LLC Phone #: (855) 450-0442

MLS: CentralPanhandle #769540

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