2400 GRANDIFLORA Boulevard, Panama City Beach, FL 32408 (MLS# 678414)

2400 GRANDIFLORA Boulevard, Panama City Beach, FL 32408

$3,400,000

Property Type: Commercial Land Lot Size (sq. ft.): 80,000 Status: Sold

Current Price: $3,400,000 List Date: 9/20/2023 Last Modified: 10/08/2024

Overview

Description

**SAVE THOUSANDS IN CLOSING COSTS! SELLER WILL FINANCE WITH 15-20% DOWN, 3 TO 5 YEAR BALLOON *** A condominium developer’s dream lot! Future site of Panama City Beach’s newest bay front condominium complex. 9 story, 99 unit complex can be built on this lot. Condo building to the right is the sister building so you can see what it can look like when finished. Over $1,900,000 of infrastructure already in place. Canoe or kayak out into the bay right from your shoreline! Just a short boat ride out to the open gulf. Fitness center and game room/lounge in sister building will be available to owners. All info is approximate and should be verified by buyers if important.

Listing Details MLS# 678414

Location, Tax & Legal

Street #: 2400
Street Name: GRANDIFLORA
Street Suffix: Boulevard
State: FL
Zip Code: 32408
County: Bay
Area: 03 – Bay County – Beach
Subdivision: Magnolia Bay Club
Parcel ID: 40000-600-199
Legal Description: MAGNOLIA BAY CLUB CONDO MAGNOLIA BAY CLUB COMMUNITY PB 22 P 10 TRACT B LESS 40000-600-100 THRU 198 ORB 3256 P 549
Sub Area: 0319 – Beach – East
Business Name: Condominium
Community/Resort: None
Waterfront: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Take Thomas drive towards Bay Point. Turn east on Magnolia Beach road then left at the curve to stay on Magnolia beach road. Turn left into Magnolia Bay Club and it's the bay front lot left of the highrise
HOA Fee: Yes
HOA Amount: 423
HOA Frequency: Monthly
HOA Annual Amount: 5076

Contract Info

List Price/Acre: 1901630.43
Sub-Type: Condominium
List Type: Exclusive Right of Sale

General Property Info

Acreage: 1.84
Lot Size (SqFt): 80000
Is Subject Leased: No
Site Dimensions: No

Status Change Info

Under Contract Date: 2023-07-07
Sold Date: 2023-10-05
Sold Price/Acre: 1847826.09

Remarks & Misc

Remarks: **SAVE THOUSANDS IN CLOSING COSTS! SELLER WILL FINANCE WITH 15-20% DOWN, 3 TO 5 YEAR BALLOON *** A condominium developer's dream lot! Future site of Panama City Beach's newest bay front condominium complex. 9 story, 99 unit complex can be built on this lot. Condo building to the right is the sister building so you can see what it can look like when finished. Over $1,900,000 of infrastructure already in place. Canoe or kayak out into the bay right from your shoreline! Just a short boat ride out to the open gulf. Fitness center and game room/lounge in sister building will be available to owners. All info is approximate and should be verified by buyers if important.

Association Fees Include

Legal: Yes

More Information

Financing

None: Yes

Present Zoning

Deed Restrictions: Yes
Resid Multi-Family: Yes

Utilities

Sewer Available: Yes
Underground Utilities: Yes
Water Available: Yes

Waterview

Bay: Yes
Lagoon: Yes

Waterfront Type

Bay/Harbor: Yes
Lagoon/Estuary: Yes

TransportationAccess

Paved: Yes

Property Features

TransportationAccess: Paved Financing: None Utilities: Sewer Available; Underground Utilities; Water Available Waterfront Type: Bay/Harbor; Lagoon/Estuary Present Zoning: Deed Restrictions; Resid Multi-Family Waterview: Bay; Lagoon

Listing Office: RE/MAX SELECT Partners

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.