2400 Grandiflora Boulevard, Panama City, FL 32408

$4,550,000

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List Price: $4,550,000
Status: ACTIVE
MLS#: 796288
Subtype: Land
Lot Size: 78,408
Acres: 1.80
Subdivision: Magnolia Bay Club
Neighborhood: Beach - East
MLS Area Major: Bay County - Beach

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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.

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Additional Information

Zoning: Resid Multi-Family, Resid Single Family
Elementary School: Patronis
Middle School: Surfside
High School: Arnold