2602 Magnolia Point Cir Panama City, FL 32408
Estimated payment $3,068/month
Highlights
- In Ground Pool
- Contemporary Architecture
- Bonus Room
- Patronis Elementary School Rated A-
- Wood Flooring
- Screened Porch
About This Home
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. 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,195
Year Built
- Built in 1999
Lot Details
- Back Yard Fenced
- Sprinkler System
HOA Fees
- $48 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Stucco
Interior Spaces
- 2,424 Sq Ft Home
- 1-Story Property
- Crown Molding
- Gas Fireplace
- Living Room
- Bonus Room
- Screened Porch
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Gunite Pool
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Air
- Gas Water Heater
- Cable TV Available
Community Details
- Association fees include management
- Magnolia Point At The Preserve Subdivision
Listing and Financial Details
- Assessor Parcel Number 31245-554-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,156 | $214,529 | -- | -- |
| 2023 | $2,156 | $208,281 | $0 | $0 |
| 2022 | $1,938 | $202,215 | $0 | $0 |
| 2021 | $1,941 | $196,325 | $0 | $0 |
| 2020 | $1,936 | $193,614 | $0 | $0 |
| 2019 | $951 | $111,836 | $51,221 | $60,615 |
| 2018 | $1,901 | $186,453 | $0 | $0 |
| 2017 | $1,870 | $182,618 | $0 | $0 |
| 2016 | $1,925 | $184,205 | $0 | $0 |
| 2015 | $2,005 | $185,792 | $0 | $0 |
| 2014 | $2,000 | $185,627 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Price Changed | $539,900 | -1.8% | $223 / Sq Ft |
| 09/09/2025 09/09/25 | For Sale | $549,900 | -- | $227 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $185,000 | Lawyers Title Agency Of Nort | |
| Corporate Deed | $162,000 | Lawyers Title Agency Of Nort |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $166,500 | Purchase Money Mortgage | |
| Previous Owner | $165,240 | VA |
Source: Emerald Coast Association of REALTORS®
MLS Number: 984940
APN: 31245-554-000
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