Welcome to luxury coastal living at Magnolia Bay Club in beautiful Panama City Beach, Florida. This spacious 3-bedroom, 3-bath condominium offers the perfect blend of comfort, style, and resort-style amenities within one of the area's most desirable gated waterfront communities overlooking St. Andrew Bay.
The interior features an open-concept layout designed for both everyday living and entertaining. The living and dining areas are filled with natural light and open to a private balcony, creating a seamless indoor-outdoor flow. The well-appointed kitchen includes granite countertops, custom cabinetry, stainless steel appliances, and a breakfast bar for additional seating. The thoughtfully designed floor plan features two spacious primary suites, each with its own private en-suite bathroom, offering exceptional comfort and privacy for owners and guests alike. A third bedroom and full bath provide additional flexibility, making this residence ideal as a primary home or vacation retreat. With three full bathrooms, ample storage, and a functional floor plan, this residence is ideal as a primary home or vacation getaway. An added bonus is the designated covered parking space, providing convenience and protection for the owner year-round.
Magnolia Bay Club offers resort-style amenities including a stunning bayfront lagoon-style swimming pool, sun deck, fitness center, secure entry, covered parking, and beautifully maintained grounds. The elegant pool courtyard provides a tranquil setting that feels like a private waterfront retreat.
Conveniently located in the heart of Panama City Beach, this property is just minutes from the Gulf of Mexico's sugar-white beaches, St. Andrews State Park, marinas, dining, shopping, and entertainment. This is an exceptional opportunity to enjoy waterfront living with privacy, convenience, and coastal elegance all in one premier community.
For sale
$375,000
2400 Grandiflora Blvd Unit E406, Panama City Beach, FL 32408
3beds
1,485sqft
Condominium
Built in 2008
-- sqft lot
$351,500 Zestimate®
$253/sqft
$1,067/mo HOA
What's special
Private balconyGranite countertopsSun deckCovered parkingDesignated covered parking spaceOpen-concept layoutAmple storage
- 184 days
- 103
- 11
Zillow last checked:
Listing updated:
Listed by:
Kelli Sims 850-294-8379,
Sims Resort Realty, Inc
Source: CPAR,MLS#: 786059
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom, Primary Bathroom, Primary Bedroom
Primary bedroom
- Description: Buyer to Verify
- Level: First
- Dimensions: 13 x 11
Bedroom
- Description: Buyer to Verify
- Level: First
- Dimensions: 11 x 8
Primary bathroom
- Description: Buyer to Verify
- Level: First
- Dimensions: 11 x 11
Appliances
- Included: Electric Range, Electric Water Heater, Ice Maker
Interior area
- Total structure area: 1,485
- Total interior livable area: 1,485 sqft
Property
Parking
- Parking features: Additional Parking, Paved, Gated
Features
- Patio & porch: Balcony
- Exterior features: Dock
- Pool features: Fenced, Gunite, In Ground, Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayfront
Lot
- Features: Paved
Details
- Parcel number: 40000600035
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Other, Stucco
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Underground Utilities
Community & HOA
Community
- Features: Barbecue, Conference/Meeting Room, Dock, Fitness Center, Playground, Pool, Waterfront, Community Pool, Gated
- Security: Gated Community, Security Gate, Smoke Detector(s)
- Subdivision: Magnolia Bay Club
HOA
- Has HOA: Yes
- Amenities included: Dock, Gazebo, Barbecue, Storage
- Services included: Clubhouse, Cable TV, Fitness Facility, Playground, Pool(s)
- HOA fee: $1,067 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $340,425
- Annual tax amount: $3,989
- Date on market: 3/1/2026
- Cumulative days on market: 111 days
Estimated market value
$351,500
$334,000 - $369,000
$2,291/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2026 | Listed for sale | $375,000+56.6%$253/sqft |
Source: | ||
| 6/28/2016 | Sold | $239,500+41%$161/sqft |
Source: Public Record Report a problem | ||
| 11/9/2010 | Sold | $169,900$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,989 +3.2% | $306,890 +10% |
| 2023 | $3,865 +25.2% | $278,991 +10% |
| 2022 | $3,086 | $253,628 |
| 2021 | -- | -- |
| 2020 | $2,590 +21.1% | $209,610 +0.6% |
| 2019 | $2,139 | $208,335 -5% |
| 2018 | $2,139 -7.5% | $219,300 +8.4% |
| 2017 | $2,312 -10.7% | $202,300 -1.2% |
| 2016 | $2,589 -1.6% | $204,672 +10% |
| 2015 | $2,631 | $186,065 +10% |
| 2014 | $2,631 | $169,150 +6.4% |
| 2013 | -- | $158,908 +8.4% |
| 2012 | -- | $146,583 -4.1% |
| 2011 | -- | $152,915 -2.9% |
| 2010 | -- | $157,410 -36.1% |
| 2009 | -- | $246,510 +1265% |
| 2008 | -- | $18,060 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Upper Grand Lagoon
Nearby schools
Schools provided by the listing agent
- Elementary: Patronis
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







