2602 Magnolia Point Circle
Panama City Beach, FL 32408
MLS# 984940
Status:
Pending4 beds | 2 baths | 2424 sqft
Property DescriptionWelcome to single-story perfection at 2602 Magnolia Point Circle! This beautifully maintained 4-bedroom, 2-bath pool home captivates with its grand entry, high ceilings, and stunning cherry wood floors. In the heart of the home is the open living area, complete with an updated gas fireplace and elegant crown moulding. The home's intelligent design features a desirable split-bedroom layout, ensuring privacy for all. On its own dedicated side of the home is the spacious primary bedroom with large bay window, en-suite bath, plus exterior access to the lanai, which is very convenient going back and forth from the pool. Two additional comfortable bedrooms plus the second full bathroom are located down the hall off the front of the kitchen.
Listing Board: Emerald Coast
List Price/SqFt: 222.73
List Date: 2025-09-08
Current Price: $539,900
Sub Area: 2719 - Beach - East
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Legal Description: MAGNOLIA POINT AT THE PRESERVE LOT 4 69D1 ORB 2008 P 137 ORB 2334 P 1589
Sub-Type: Detached Single Family
Design: Contemporary
SqFt Source: Appraiser
Garage: No
Pool Type: Private
Apx SqFt(Htd/Cooled): 2424
Total Bathrooms: 2
# Stories: 1
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 575
Annual Assessment Amount: 575
Assessment Paid: Annually
New Buyer Fee: No
Last Taxes: 2194.67
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes
Remarks: Welcome to single-story perfection at 2602 Magnolia Point Circle! This beautifully maintained 4-bedroom, 2-bath pool home captivates with its grand entry, high ceilings, and stunning cherry wood floors. In the heart of the home is the open living area, complete with an updated gas fireplace and elegant crown moulding. The home's intelligent design features a desirable split-bedroom layout, ensuring privacy for all. On its own dedicated side of the home is the spacious primary bedroom with large bay window, en-suite bath, plus exterior access to the lanai, which is very convenient going back and forth from the pool. Two additional comfortable bedrooms plus the second full bathroom are located down the hall off the front of the kitchen.
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Fenced Back Yard: 1
Pool - Gunite Concrt: 1
Pool - In-Ground: 1
Porch Screened: 1
Breakfast Bar: 1
Ceiling Crwn Molding: 1
Fireplace: 1
Fireplace Gas: 1
Floor Hardwood: 1
Floor Tile: 1
Floor WW Carpet: 1
Furnished - None: 1
Pantry: 1
Split Bedroom: 1
Microwave: 1
Refrigerator: 1
Stove/Oven Electric: 1
Washer: 1
AC - Central Elect: 1
Water Heater - Gas: 1
MBath Double Vanity: 1
MBath Separate Shwr: 1
Status: Pending
Under Contract Date: 2026-03-19
Area: 27 - Bay County
Street #: 2602
Street Name: Magnolia Point
Street Suffix: Circle
County: Bay
Project Name/Subdivision: MAGNOLIA POINT AT THE PRESERVE
Construction Status: Construction Complete
Lot Features: Survey Available
Zoning: Resid Single Family
Exterior: Fenced Back Yard; Pool - Gunite Concrt; Pool - In-Ground; Porch Screened; Sprinkler System
Interior: Breakfast Bar; Ceiling Crwn Molding; Fireplace; Fireplace Gas; Floor Hardwood; Floor Tile; Floor WW Carpet; Furnished - None; Pantry; Split Bedroom; Washer/Dryer Hookup
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Water Heater - Gas
Rooms: Bedroom; Bonus Room; Kitchen; Living Room; Master Bedroom
Financing: Conventional; FHA; VA
The former garage has been converted to an expansive and secluded fourth bedroom that offers versatile space for guests, a hobby room, home gym, etc. The possibilities are vast with so much sqft! Major updates provide peace of mind: Roof (2018), HVAC (2017), Gas Water Heater (2021), and all newer appliances. All you need to do is move in - the washer and dryer are included!
The true centerpiece of this property is the spectacular outdoor sanctuary. The sparkling swimming pool was fully resurfaced in 2019 - a substantial investment that spares the new owner from one of the most costly updates a pool can require. Paired with a new pump and equipment, this poolside paradise is primed for years of worry-free enjoyment. The entire space is enclosed by a large screen (updated 2019) and features a tranquil waterfall, all overlooking a serene nature view. The woods in the back is HOA community property, ensuring your peaceful, wooded view is protected from future development.
Nestled in the 10-home community of Magnolia Point at The Preserve, this home is mere minutes from the bay (and boat rentals) plus all the hotspots along Navy Blvd, such as Publix, Winn Dixie, and many fabulous restaurants like Capt. Anderson's. This property is high and dry in Flood Zone X. Plus, it's only 6 minutes from the white sandy beaches and emerald waters! With low HOA dues and a prohibition on short-term rentals, it offers a peaceful, residential feel. If a lovely, spacious, move-in-ready pool home in PCB is what you're seeking, schedule your showing today. A video tour is available upon request.
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Master Bedroom | First | 19.1 x 14.5 | 19.10 | 14.50 | Buyer to Verify | 19.1 x 14.5 |
| Bonus Room | First | 20.5 x 19.7 | 20.50 | 19.70 | Buyer to Verify | 20.5 x 19.7 |
| Bedroom | First | 12.3 x 10.7 | 12.30 | 10.70 | Buyer to Verify | 12.3 x 10.7 |
| Bedroom | First | 12.3 x 11 | 12.30 | 11.00 | Buyer to Verify | 12.3 x 11 |
| Living Room | First | 21.9 x 16.9 | 21.90 | 16.90 | Buyer to Verify | 21.9 x 16.9 |
| Kitchen | First | 15.2 x 10.9 | 15.20 | 10.90 | Buyer to Verify | 15.2 x 10.9 |
Listing Office: Coldwell Banker Realty
Last Updated: March - 19 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.