Panama City Beach · Neighborhood
Magnolia Bay Club Homes for Sale
Magnolia Bay Club spans two recorded parts in county records: a block of 64 single-family parcels on Stellata Lane, Bigleaf Lane and Grandiflora Boulevard, and a condominium at 2400 Grandiflora Boulevard.
Updated
Short-term rentals: not yet confirmed for this neighborhood.
Living in Magnolia Bay Club
County parcel numbers beginning 31234 number 68 as of October 3, 2026: 64 labeled single family, three residential common area and one city-owned vacant parcel. Addresses fall on Stellata Lane (23 parcels), Bigleaf Lane (22) and Grandiflora Boulevard (21), and two common parcels carry only a section reference. The single-family parcels measure 0.09 to 0.17 acre. Two of the common parcels are owned as Magnolia Bay Club Master Assoc and the third under the abbreviated name Magnolia Bay Master Associatio, which a name search for the club misses.
The condominium sits in a separate series, 40000-600, with 200 parcels: 99 unit parcels with E-numbered addresses labeled condominium, 99 more with W-numbered addresses labeled vacant, one vacant parcel with no unit number, and the 2400 Grandiflora Boulevard common parcel owned as Magnolia Bay Club Condo. The roll does not say why the W units read vacant, and a label is not proof that a building does or does not stand there. Ask the association which units exist.
A county search of the owner field for the club returns five records for three parcels, two of the master association and the condominium common parcel, with repeats, so those records cannot be read as counts.
In Bay County's flood-zone layer, none of the 64 single-family parcels reaches a mapped zone. The master association's parcel at 2400 Grandiflora Boulevard, 31234-167-000, lies essentially all in Zone VE at 12 feet, and about a third of the condominium's common parcel lies in Zone VE at 12 feet or Zone AE at 10 feet. Individual condominium units are drawn as stamps of about 400 square feet, which cannot place a unit in a zone.
The listing history dated September 24, 2026 showed two listings for sale and 12 closed sales, six houses and six condominiums, with closings from December 30, 2015 through August 11, 2025. The even split fits the two recorded parts, but the history does not say which sale belongs to which, and it is not current availability.
HOA & Fees
What is the HOA fee at Magnolia Bay Club?
As of November 12, 2026, Magnolia Bay Club homes for sale that report a fee on the MLS list these HOA fees:
- Condos: $1,067 a month (2 listings)
Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.
Based on 2 active MLS listings that report an HOA fee.
Live Inventory
Homes for Sale in Magnolia Bay Club
$342,000
2400 Grandiflora Boulevard Unit E404
Panama City Beach, FL 32408
$350,000
2400 Grandiflora Boulevard Unit E407
Panama City Beach, FL 32408
The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.
Local Answers
Magnolia Bay Club FAQ
How much is the HOA fee at Magnolia Bay Club?
As of November 12, 2026, Magnolia Bay Club homes for sale that report a fee on the MLS list these HOA fees: condos, $1,067 a month (2 listings). Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.
How does the county split Magnolia Bay Club into two parts?
By number series. Parcels beginning 31234 are the single-family part, 68 in all with 64 labeled single family, and parcels beginning 40000-600 are the condominium at 2400 Grandiflora Boulevard, 200 in all.
What do the 99 W-numbered parcels the county labels vacant mean?
The roll lists 99 unit-style parcels with W numbers at 2400 Grandiflora Boulevard as vacant, beside 99 E-numbered parcels labeled condominium. It does not say why, so ask the association which units exist.
Which Magnolia Bay Club parcels touch a mapped flood zone?
No single-family parcel does in Bay County's layer. The master association parcel 31234-167-000 sits in Zone VE at 12 feet, and about a third of the condominium's common parcel sits in Zone VE at 12 feet or Zone AE at 10 feet.
Why does a name search for the club show only three parcels?
It matches the owner field, and that field is abbreviated or worded differently on some parcels. The search returns five records for three parcels and misses the master association's 2400 Grandiflora parcel, spelled MAGNOLIA BAY MASTER ASSOCIATIO.
What does the September 24 history say about house and condominium sales?
It shows two listings for sale and 12 closed sales, six houses and six condominiums, closing between December 30, 2015 and August 11, 2025. Property types are shown as provided, and the history is not current supply.
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Condo Buildings in This Market
Sources
- Bay County GIS, Magnolia Bay Club parcel query (accessed September 29, 2026)
- Bay County Map Gallery (accessed September 29, 2026)
- Bay County GIS, parcels numbered 31234 (accessed October 4, 2026)
- Bay County GIS, parcels numbered 40000-600 (accessed October 4, 2026)
- Bay County flood-zone layer at a point inside the condominium common parcel (accessed October 4, 2026)
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