NOT LISTED FOR SALE

Magnolia Bay Club 2400 Grandiflora Blvd Unit E202 Panama City Beach, FL 32408

Upper Grand Lagoon Neighborhood

Estimated Value: $328,000 - $383,000

1 Bed
2 Baths
1,248 Sq Ft
$579/mo HOA Fee

Last Sold April 30, 2024

Last sale price $374,000 $300 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,740/month

56 Days on Market

Highlights

  • Waterfront
  • Boat Dock
  • Bay View
  • J.R. Arnold High School Rated A-
  • Heated In Ground Pool
  • Gated Community

About This Home

As of April 2024

SELLER FINANCING AVAILABLE! 6% INTEREST WITH 25% DOWN, 30 YR AMORTIZATION, 5 YR BALLOON!Welcome to your coastal oasis at Magnolia Bay! This exceptional 1-bedroom, 2-bathroom condo nestled on the serene bayfront, offers a lifestyle of luxury and convenience. With the added bonus of a generously sized bonus room, perfect for a second bedroom or your home office, this condo truly combines the best of both worlds.This condo features stainless steel appliances, granite countertops, and the perfect fusion of tile and luxury vinyl plank flooring throughout the living space. The open concept design seamlessly leads to an expansive balcony, inviting you to enjoy bayfront views, including those mesmerizing sunsets! This bayfront condo is a coastal living haven, just a short boat ride away from the emerald waters of the Gulf of Mexico, allowing you to relish the finest in waterfront living. 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 the winter months. For outdoor enthusiasts, a pier and kayak rack are available, ensuring you can make the most of the bay at your leisure.Don't miss the chance to experience bayfront living in this splendid coastal condo! As always, dimensions are approximate. Buyer to verify if deemed important.

Last Agent to Sell the Property

Kelly Sikes

Home Town Realty Partners LLC License #SL3357374 Listed on: 10/18/2023

Last Buyer's Agent

Patti Daresta

Prudential Shimmering Sands

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 2008

Lot Details

  • Property fronts a private road
  • Landscaped
  • Sprinkler System

HOA Fees

  • $579 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Clay Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Parking

  • Detached Carport Space
  • Paved Parking
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, insurance, legal/accounting, ground maintenance, pest control, playground, pool(s), security, trash, water
  • High-Rise Condominium
  • Magnolia Bay Club Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Playground

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,461

Year Built

Built in 2008

Lot Details

0

HOA Fees

$579 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Road Frontage Type: Private Road
  • Subdivision Name: Magnolia Bay Club
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, New Paint
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 1248.0
  • Dining Room Type: Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Bonus Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Fenced, Electric Heat, In Ground, Community, Pool
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Flood Insurance Required
  • Exterior Features: Built-in Barbecue, Balcony, Sprinkler/Irrigation, Pool
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Clay

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Detached Carport, Guest, Paved, Parking Lot
  • Garage: No

Utilities

  • Utilities: Cable Connected, Other, Sewer Connected, Water Connected
  • Security Features: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 579.45
  • Community Features: Barbecue, Clubhouse, Dock, Elevator, Fitness Center, Other, Playground, Pool, Storage Facilities, See Remarks, Waterfront, Gated
  • Amenities: Dock, Gated
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Playground, Pool(s), Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Landscaped, Waterfront
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2461.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Harris Elizabeth B
Bought by
Living Water Trust and Harris
Current Estimated Value
$350,041

Purchase Details

Closed on
Jan 29, 2025
Sold by
El Shophet Trust and Harris Elizabeth B
Bought by
Harris Elizabeth B

Purchase Details

Listed on
Oct 18, 2023
Closed on
May 23, 2024
Sold by
Harris Elizabeth Brooke
Bought by
El Shophet Trust and Harris
Seller's Agent
Kelly Sikes
Home Town Realty Partners LLC
Buyer's Agent
Patti Daresta
Prudential Shimmering Sands
List Price
$389,000
Sold Price
$374,000
Premium/Discount to List
-$15,000
-3.86%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.89%
Original Mortgage
$299,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 18, 2023
Closed on
Apr 30, 2024
Sold by
Fuller Coastal Condos Llc
Bought by
Harris Elizabeth
Seller's Agent
Kelly Sikes
Home Town Realty Partners LLC
Buyer's Agent
Patti Daresta
Prudential Shimmering Sands
List Price
$389,000
Sold Price
$374,000
Premium/Discount to List
-$15,000
-3.86%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 12, 2010
Sold by
Magnolia Bay Properties Llc
Bought by
Fuller Coastal Condos Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Living Water Trust $100 None Listed On Document
Living Water Trust $100 None Listed On Document
Harris Elizabeth B $100 None Listed On Document
Harris Elizabeth B $100 None Listed On Document
El Shophet Trust $100 None Listed On Document
El Shophet Trust $100 None Listed On Document
Harris Elizabeth $374,000 None Listed On Document
Harris Elizabeth $374,000 None Listed On Document
Fuller Coastal Condos Llc $149,900 Equity Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Elizabeth $299,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $374,000 -1.3% $300 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/08/2023 12/08/23 Price Changed $379,000 -2.6% $304 / Sq Ft
10/19/2023 10/19/23 For Sale $389,000 -- $312 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,089 $235,830 -- --
2023 $3,089 $214,391 $0 $281,563
2022 $2,461 $194,901 $0 $0
2021 $2,446 $177,183 $0 $0
2020 $2,000 $161,075 $0 $161,075
2019 $1,781 $141,312 $0 $141,312
2018 $1,902 $148,750 $0 $0
2017 $2,036 $149,600 $0 $0
2016 $1,786 $136,000 $0 $0
2015 $1,997 $143,853 $0 $0
2014 $1,816 $130,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kelly Sikes

    Home Town Realty Partners LLC

    (850) 532-1234

    5 in this area

    40 Total Sales

    Kelly Sikes
    Section Image

  • P

    Buyer's Agent in 2024

    Patti Daresta

    Prudential Shimmering Sands

  • K

    Buyer's Agent in 2024

    Kelly Hamlin

    CENTURY 21 Commander Realty

See All Agents

About Magnolia Bay Club

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 748115

Central Panhandle Association of REALTORS®

APN: 40000-600-011

Florida Bay County Panama City Beach 32408 Upper Grand Lagoon

2400 Grandiflora Blvd Unit E202, Panama City Beach, FL

This home is located at 2400 Grandiflora Blvd Unit E202, Panama City Beach, FL 32408 since 18 October 2023 and is currently estimated at $350,041, approximately $280 per square foot. This property was built in 2008. 2400 Grandiflora Blvd Unit E202 is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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