$3,400,000
Panama City Beach, FL 32408
MLS# 678414
Status: Sold
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Property 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.
Details
Maps
Contract Info
List Date: 2018-10-03
List Price: $3,499,000
List Price/Acre: 1901630.43
Current Price: $3,400,000
Sub-Type: Condominium
List Type: Exclusive Right of Sale
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
General Property Info
Acreage: 1.84
Lot Size (SqFt): 80000
Is Subject Leased: No
Status Change Info
Status: Sold
Under Contract Date: 2023-07-07
Sold Date: 2023-10-05
Sold Price: $3,400,000
Sold Price/Acre: 1847826.09
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.