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Image 1 - 5803 Magnolia Beach Rd, Panama City Beach, Florida, 32408 - House for sale
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Home For Sale In Panama City Beach, Florida
5803 Magnolia Beach Rd, Panama City Beach, Florida, 32408

Home For Sale In Panama City Beach, Florida

house for sale
Listed: 05/07/24

5803 Magnolia Beach Rd, Panama City Beach, Florida, 32408

3 Bed:
2 Bath:
1,881 Sq Ft Living Area:
Save
Price
$ 432,000
Price:  Lower

About This House

Welcome to your charming 3-bedroom, 2-bathroom brick home nestled in the heart of Panama City Beach, FL. 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 could easily be turned into a fourth bedroom. The artificial Turf makes this house a breeze to maintain. Whether you're seeking relaxation or adventure, this home provides the perfect retreat in a prime location.

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Panama City Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Panama City Beach, United States averaged $622,874, a decrease of 2.1% from the previous month.
Median price trends for properties for sale in Panama City Beach, United States as of May 2024.

Household Income

Median household income: $58,619
Number of households: 5,332
The average household income in Panama City Beach, FL grew from $53,251 to $58,619 in the past year. This data is an estimate based upon 5,332 households in Panama City Beach, FL.
The chart below presents how household income is distributed in Panama City Beach, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Panama City Beach, FL compared to median property taxes around the country. The prevalent amount of property taxes in Panama City Beach, FL equals $800-$1,500 , which is less than the national average.