Make an offer today! Take in breathtaking million-dollar views from your expansive, private balcony your personal retreat above it all just steps from the elevator, This Magnolia Bay condominium is truly one-of-a-kind. Designed for those who demand more, this residence boasts the largest floor plan in the community along with an expansive balcony offering endless waterfront views of the Bay and
the ultimate balance of elegance, comfort, and seclusion.
Cook and entertain with ease in the chef-inspired kitchen, complete with granite countertops, a breakfast bar, and premium Maytag stainless steel appliances including a whisper-quiet dishwasher. The home also includes a washer and dryer, and some furniture is included, making it truly turnkey. A newly updated HVAC system paired with an EcoBee Smart thermostat ensures efficiency and peace of mind.
The master suite is a retreat of its own, offering balcony view, a large walk-in closet, separate shower, and whirlpool tub. The third bedroom is versatile, easily serving as an office or flex space. Experience peace of mind and modern efficiency in this beautifully maintained property. The home's HVAC system has received full preventative maintenance for 2025, ensuring year-round comfort and reliability. In addition, an energy-efficient Rheem electric hot water heater installed in 2025 adds exceptional value and savings on utility costs. These thoughtful upgrades make this home move-in ready and worry-free, offering both comfort and confidence for the next owner.
Showcasing meticulous care and attention, this original owner residence has remained in private hands and has never been offered as a rental.
Magnolia Bay offers resort-style amenities including a heated pool, fitness center, fishing docks, kayaking, sidewalks, playground, and secure gated entry. Additional parking in the back adds convenience for residents and guests alike. Importantly, the community enforces a minimum 6-month rental policy, ensuring a peaceful, private, and upscale environment for residents.
Ideally located minutes away from Publix, Winn-Dixie, St. Andrews, Gulf Coast State College, FSU, parks, and the world's most beautiful beaches, this condo offers everyday convenience wrapped in the ultimate bayfront retreat.
Don't miss this rare opportunity to own one of Magnolia Bay's premier residences where luxury, lifestyle, and location all come together.
All measurements are approximate buyers are encouraged to verify any details that are important to them.
Schedule your tour today to experience Bayfront Luxury Living at Magnolia Bay. Among the top three most architecturally unique units in the building.
For sale
$599,000
2400 Grandiflora Blvd Unit E409, Panama City Beach, FL 32408
3beds
1,823sqft
Condominium
Built in 2008
-- sqft lot
$565,800 Zestimate®
$329/sqft
$1,310/mo HOA
What's special
Secure gated entryHeated poolNewly updated hvac systemBreakfast barGranite countertopsFishing docksBreathtaking million-dollar views
- 345 days
- 66
- 4
Zillow last checked:
Listing updated:
Listed by:
Ke'Asha N Dorsett 850-867-6866,
Coldwell Banker Realty
Source: CPAR,MLS#: 779017
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Bonus Room
Primary bedroom
- Level: First
- Dimensions: 23.5 x 11.56
Bedroom
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 14 x 12
Bedroom
- Level: First
- Dimensions: 14 x 12
Primary bathroom
- Level: First
- Dimensions: 12 x 11
Bonus room
- Level: First
- Dimensions: 14 x 9
Other
- Level: First
- Dimensions: 11 x 12
Other
- Level: First
- Dimensions: 8 x 8
Kitchen
- Level: First
- Dimensions: 15 x 12
Living room
- Level: First
- Dimensions: 18 x 12.75
Cooling
- Central Air
Appliances
- Included: Electric Oven
Features
- Double Vanity, Main Level Primary, Tub Shower, Walk-In Closet(s)
Interior area
- Total structure area: 1,823
- Total interior livable area: 1,823 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Gated, Paved, Parking Lot
- Covered spaces: 1
Features
- Exterior features: Barbecue, Dock
- Pool features: Fenced, Electric Heat, In Ground, Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayfront
Details
- Additional structures: Gazebo
- Parcel number: 40000600038
- Zoning description: Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Mid Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Clay
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Beach, Clubhouse, Dock, Elevator, Fishing, Barbecue, Community Pool, Gated
- Security: Building Security, Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Gated Community, Security Fence, Fire Alarm, Smoke Detector(s)
- Subdivision: Magnolia Bay Club
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Fitness Facility, Playground
- HOA fee: $1,310 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $329/sqft
- Tax assessed value: $422,100
- Annual tax amount: $5,137
- Date on market: 9/20/2025
- Cumulative days on market: 268 days
Estimated market value
$565,800
$538,000 - $594,000
$2,526/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2025 | Listed for sale | $599,000+197.3%$329/sqft |
Source: | ||
| 9/3/2010 | Sold | $201,500$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,137 +3.5% | $409,199 +10% |
| 2023 | $4,966 +25.7% | $371,999 +10% |
| 2022 | $3,952 | $338,181 |
| 2021 | -- | -- |
| 2020 | $3,649 +3.9% | $296,650 +5.3% |
| 2019 | $3,512 | $281,817 -1% |
| 2018 | $3,512 -4.5% | $284,552 +10% |
| 2017 | $3,676 +7.2% | $258,684 +10% |
| 2016 | $3,428 +15.6% | $235,167 +8.4% |
| 2015 | $2,966 | $216,920 +10% |
| 2014 | $2,966 | $197,200 -0.7% |
| 2013 | -- | $198,525 +10% |
| 2012 | -- | $180,477 -6.6% |
| 2011 | -- | $193,238 |
| 2010 | -- | $193,238 -36.1% |
| 2009 | -- | $302,618 +1264.9% |
| 2008 | -- | $22,171 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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.








