Active

3407 S Highway 77

Panama City FL, 32405

$2,695,000


$374.31 per sqft

Active

7,200 sqft

Commercial

Built in 1985

Owners will divide! Desirable 4.2 acre property located on busy Hwy 77 in Panama City. There is 330' of road frontage on Hwy 77 with ingress and egress in two locations. Annual average daily traffic count is 33,065 vehicles. The property consists of two metal 60' x 60' retail buildings complete with finished interior space and covered warehouse storage. There is parking at each building and a driveway between. There is no direct cut in the median at this location, but the cut is very nearby so turning in from the opposite side of the road is fairly easy. The back portion of the property is vacant land except for a cement slab where an additional storage building used to be. The sellers retail business is not for sale only the buildings and property. The other business onsite is in a month to month lease. Please do not disturb these tenants. The property is located in an A Flood Zone, so flood coverage is lender required on the buildings. The sellers had a ditch installed around the perimeter of the property years ago to move rainwater off and out to the main street drainage. The property has a Panama City address but was annexed by the city of Lynn Haven, so utilities and taxes are through Lynn Haven. Lots of potential with this size lot for teardown and redevelopment as Office, Hotel, Retail, Restaurant, Multi-Family, etc.

728820

MLS ID

June 29, 2022

Listed

November 22, 2024

Updated

Map

3407 S Highway 77
Panama City FL, 32405

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

4.2 Acres


Lot Features

Flood Zone


Sewer

Public Sewer

School Information

High School

Mosley


Elementary School

Hiland Park

Other Property Details

Area Name

02 - Bay County - Central


Days on Market

829


Garage

No


View

No


County

Bay


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/27/2024

Active

2/11/2024

Pending

 

Courtesy of Keller Williams Success Realty, Christine Lance,
Listing Contact: (850) 258-2544 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Catriese Johnson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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