2400 Grandiflora Boulevard, Panama City, FL 32408 (MLS# 796317)

2400 Grandiflora Boulevard, Panama City, FL 32408

New Listing

$4,550,000

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

Current Price: $4,550,000 List Date: 10/06/2026 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# 796317

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 4739 P 557
Sub Area: 0319 – Beach – East
Community/Resort: None
Waterfront: Yes
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
HOA Fee: No

Contract Info

List Price/Acre: 2527777.78
Sub-Type: Land/Acres
List Type: Exclusive Right of Sale
Named Exception: No

General Property Info

Site Dimensions: 1.0 ft x 1.0 ft
Acreage: 1.8
Lot Size (SqFt): 78408
Is Subject Leased: No

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

Present Zoning

Resid Multi-Family: Yes
Resid Single Family: Yes

Utilities

Underground Utilities: Yes
Water Available: Yes

Waterview

Bay: Yes

Waterfront Type

Bay/Harbor: Yes

TransportationAccess

Paved: Yes
Private: Yes

Property Features

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

Listing Office: Counts Real Estate Group Inc

Last Updated: October – 06 – 2026

Information deemed reliable but not guaranteed.