2400 Grandiflora Boulevard, Panama City, FL 32408 (MLS# 796288)

2400 Grandiflora Boulevard, Panama City, FL 32408

New Listing

$4,550,000

Property Type: Residential Land Lot Size (sq. ft.): 78,408 Status: Active

Current Price: $4,550,000 List Date: 10/05/2026 Last Modified: 10/06/2026

Overview

Description

***SELLER WILL FINANCE!!! 15-20% DOWN, 3 TO 5 YEAR BALLOON, 6.5% RATE, 30 YEAR AMORTIZATION*** Future site of Panama City Beach’s newest bay front condominium complex. 9 story, 99 unit complex can be built on this lot. Over $1,900,000 of infrastructure already in place. Just a short 10 to 15 minute boat ride out to the open gulf. Fitness center and game room/lounge in sister building will be available to owners. All information is approximate and should be verified by buyers if important.

Listing Details MLS# 796288

Contract Info

List Price/Acre: 2527777.78

Location

Street #: 2400
Street Name: Grandiflora
Street Suffix: Boulevard
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: Magnolia Bay Club
Community/Resort: None
Waterfront: Yes
Parcel ID: 40000-600-199
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Navy Blvd towards Bay Point. Turn east on Magnolia Beach Road and then left into the complex
Legal Description: MAGNOLIA BAY CLUB CONDO MAGNOLIA BAY CLUB COMMUNITY PB 22 P 10 TRACT B LESS 40000-600-100 THRU 198 ORB 4739 P 557

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: 1.0 ft x 1.0 ft
Acreage: 1.8
Lot Size (SqFt): 78408

Listing Info, Tax & Legal

HOA Fee: No
Last Taxes: 0.01
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: ***SELLER WILL FINANCE!!! 15-20% DOWN, 3 TO 5 YEAR BALLOON, 6.5% RATE, 30 YEAR AMORTIZATION*** Future site of Panama City Beach's newest bay front condominium complex. 9 story, 99 unit complex can be built on this lot. Over $1,900,000 of infrastructure already in place. Just a short 10 to 15 minute boat ride out to the open gulf. Fitness center and game room/lounge in sister building will be available to owners. All information is approximate and should be verified by buyers if important.

Financing

Cash: Yes
Seller Financing: Yes

More Information

Lot Features

Near Beach Access: Yes
Sidewalk: Yes
Waterfront: Yes

Waterfront Feature

Shore – Natural: Yes

Lot Access

Paved Road: Yes
Private Road: Yes

Present Zoning

Resid Multi-Family: Yes
Resid Single Family: Yes

Utilities

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

Waterview

Bay: Yes

Sale Type

As Is: Yes

Waterfront Type

Bay/Harbor: Yes

Property Features

Financing: Cash; Seller Financing Lot Access: Paved Road; Private Road Lot Features: Near Beach Access; Sidewalk; Waterfront Sale Type: As Is Utilities: Public Sewer Available; Underground Utilities; Water Available Waterfront Type: Bay/Harbor Waterfront Feature: Shore – Natural Waterview: Bay Present Zoning: Resid Multi-Family; Resid Single Family

Listing Office: Counts Real Estate Group Inc

Last Updated: October – 06 – 2026

Information deemed reliable but not guaranteed.