$4,550,000
Panama City, FL 32408
MLS# 796288
1 / 10
Property 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.
Details
Maps
Contract Info
List Price/Acre: 2527777.78
Status: Active
List Date: 2026-10-05
List Price: $4,550,000
Current Price: $4,550,000
Location
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
Street #: 2400
Street Name: Grandiflora
Street Suffix: Boulevard
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
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
General Property Info
Acreage: 1.8
Lot Size (SqFt): 78408
Lot Dimensions: 1.0 ft x 1.0 ft
Sub-Type: Vacant Land
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: 1
Seller Financing: 1
Lot Features
Near Beach Access: 1
Sidewalk: 1
Waterfront: 1
Waterfront Feature
Shore - Natural: 1
Lot Access
Paved Road: 1
Private Road: 1
Present Zoning
Resid Multi-Family: 1
Resid Single Family: 1
Utilities
Public Sewer Available: 1
Underground Utilities: 1
Water Available: 1
Waterview
Bay: 1
Sale Type
As Is: 1
Waterfront Type
Bay/Harbor: 1
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 - 05 - 2026
Information deemed reliable but not guaranteed.