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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: $3,499,000 List Date: 9/20/2023 Last Modified: 10/08/2024

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.

More Information MLS# 678414

Contract Info

List Price/Acre: 1901630.43 List Type: Exclusive Right of Sale List Date: 2018-10-03 List Price: $3,499,000 Current Price: $3,400,000 Sub-Type: Condominium

Location, Tax & Legal

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 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

General Property Info

Site Dimensions: 0 Acreage: 1.84 Lot Size (SqFt): 80000 Is Subject Leased: No

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.

Status Change Info

Sold Price/Acre: 1847826.09 Status: Sold Under Contract Date: 2023-07-07 Sold Date: 2023-10-05 Sold Price: $3,400,000

Association Fees Include

Legal: 1

Financing

None: 1

Present Zoning

Deed Restrictions: 1 Resid Multi-Family: 1

Utilities

Sewer Available: 1 Underground Utilities: 1 Water Available: 1

Waterview

Bay: 1 Lagoon: 1

Waterfront Type

Bay/Harbor: 1 Lagoon/Estuary: 1

TransportationAccess

Paved: 1

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.