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3407 S Highway 77, Panama City, FL 32405

$2,495,000
  • 3407 S Highway 77, Panama City, FL 32405 Main Photo

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Active
SQUARE FEET7,200 MLS#728820
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONSt Andrews Bay Dev Cmp

Property Description

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 30,098 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 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. Sellers will consider owner financing with 20% - 25% down and a 5 year balloon.

3407 S Highway 77 | MLS# 728820

This commercial property located at 3407 S Highway 77, Panama City, FL 32405 is currently listed for sale with an asking price of $2,495,000. Search Panama City real estate on www.realtymarkllc.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 4.20 Acres
Year Built: 1985

Feature Descriptions

Days on Site: 1388
Exterior: Metal Siding
Lot: Flood Zone
Parcel#: 11801-080-000
Sewer: Public Sewer
Utilities: Sewer Available

Local Schools

High School: Mosley
Middle School: Mowat
Elementary School: Hiland Park

Listed By / Shown By

Listed By

Agency Name: Keller Williams Success Realty

Shown By

Agency Title: RealtyMark
Agency Phone: 888-240-0600

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