2400 Grandiflora Boulevard, Panama City, FL 32408

$4,550,000

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List Price: $4,550,000
MLS#: 796288
Status: ACTIVE
Type: Land
Subtype: Unimproved Land
Lot Size: 78,408
Neighborhood: Beach - East

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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

Acres: 1.80
Elementary School: Patronis
High School: Arnold
Lot Dimensions: 1.0 ft x 1.0 ft
Lot Features: Paved
Middle School: Surfside
Neighborhood: Beach - East
Subdivision: Magnolia Bay Club
Utilities: Sewer Available
Waterfront: Yes
Waterview: Bay
Zoning: Resid Multi-Family, Resid Single Family