2400 Grandiflora Blvd Unit E601, Panama City Beach, FL, 32408
About This Home
BAYFRONT LIVING AT MAGNOLIA BAY! Welcome to your coastal oasis at Magnolia Bay! This exceptional 3-bedroom, 3-bathroom condominium nestled on the serene bayfront, offers a lifestyle of luxury and convenience. Featured are two master bedrooms and private bathrooms, with an added bonus of a generously sized bonus room, perfect for a second bedroom or your home office. This condo features stainless steel VIKING appliances, custom granite countertops, tile and luxury vinyl plank flooring throughout, a custom marble wall under the kitchen bar area, plantation blinds and custom drapes, newer hot water heater , and newer HVAC and dishwasher. The open concept design seamlessly leads to an expansive, wrap around, corner balcony, inviting you to enjoy bayfront views, including those mesmerizing sunsets! This bay front condo is a coastal living haven, just a short boat ride away from the emerald waters of the Gulf of Mexico. This gated community boasts a wealth of amenities for your pleasure to include a waterfront fitness room, a community room complete with a pool table and a pool that is heated during several months. For outdoor enthusiasts, a pier and kayak rack are available, ensuring you can make the most of the bay at your leisure. This unit comes with one covered parking space. Don't miss the chance to experience bay front living in this splendid coastal condominium! As always, dimensions are approximate. Buyer to verify if deemed important.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2008
Materials
- Foundation: Slab
- Roof: Clay
- Construction materials: Stucco
Type & Style
- Home type: Condo
- Architectural style: High Rise
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Oven
Bedroom
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 14 x 12
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bonus Room
- Level: First
- Dimensions: 14 x 9
Features
- Balcony,Double Vanity,Jetted Tub,Main Level Primary,Separate Shower,Walk-In Closet(s)
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,823
- Total interior livable area: 1,823 sqft
Kitchen
- Level: First
- Dimensions: 15 x 12
Living Room
- Level: First
- Dimensions: 18 x 12.75
Master Bathroom
- Level: First
- Dimensions: 12 x 11
Master Bedroom
- Level: First
- Dimensions: 23.5 x 11.5
Other
- Level: First
- Dimensions: 11 x 12
Other
- Level: First
- Dimensions: 8 x 8
Property
Details
- Parcel number: 40000600050
- Attached to another structure: Yes
- Zoning description: Resid Multi-Family
- Special condition: Listed As-Is
Features
- Pool features: Fenced,Electric Heat,In Ground,Community
- Patio & porch: Balcony,Covered,Patio
- Exterior features: Dock
- Has spa: Yes
- Has view: Yes
- View description: Bay,Water
- Has water view: Yes
- Water view: Bay,Water
- On waterfront: Yes
- Waterfront features: Bayfront
Lot
- Features: Paved
- Lot size dimensions: 0 x 0
Parking
- Total spaces: 1
- Parking features: Additional Parking,Gated,Paved,Parking Lot
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Tornado
- Cold Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,654 | $31,848 |
| Home Insurance * | $722 | $8,664 |
| Property Taxes | $437 | $5,244 |
| Electricity | $197 | $2,366 |
| Total | $4,010 | $48,120 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-11 | Listed for sale | $525,000 |
| 2026-07-05 | Pending sale | $525,000 |
| 2026-05-15 | Listed for sale | $525,000 |
| 2025-06-10 | Listing removed | $545,000 |
| 2024-12-09 | Listed for sale | $545,000 |
| 2024-02-03 | Listing removed | -- |
| 2023-08-02 | Listed for sale | $549,900 |
| 2012-02-07 | Sold | $265,000 |
| 2011-12-07 | Pending sale | $295,000 |
| 2011-11-07 | Listed for sale | $295,000 |
| 2011-09-23 | Listing removed | $295,000 |
| 2011-08-31 | Listed for sale | $295,000 |
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