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
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