Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13636 Highway 77 Southport, FL 32409

    View on Map
    Claim this Listing
    For Sale
    $500,000

    SINGLE_FAMILY - Southport, FL

    Type:Office
    Property size:
    1,416 SF
    Lot size:
    3.50 Acres
    Price / SF:
    $353/SF
    Added:
    Sep 22, 2025
    Days on Market:
    224
    Last Refresh:
    May 3 at 8:06 pm

    Property Features for 13636 Highway 77

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    07500-130-000
    Size
    1,416 SF
    Lot size
    3.50 Acres

    Taxes and HOA fees

    Tax Description
    18 1S 14W -2.12- 84B THAT PART OF N1/2 OF NW1/4 OF SW1/4 OF SW1/4 LYING E OF HWY #77 & LESS PCL -2.12A- ORB 299 P 357 ORB 3803 P 440

    Building Details

    Year built
    1950
    Building materials
    Brick
    Roof type
    Metal
    Additional Structures
    Shed(s)

    We can help!

    Listing Contact
    The Sanchez Group

    Listing agent The Sanchez Group

    Listing office Think Real Estate 2810 Martin Luther King Jr. Bl Suite C, Panama City Beach, FL

    Listing date Sep 22, 2025

    MLS# 779374

    Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 77 Commercial Land Opportunity

    Located on Highway 77, this commercial property features 3.5 acres of land. The property includes two sheds and a 1,416 square foot building with three rooms and two bathrooms. The location is suitable for an office and storage yard, potentially accommodating businesses such as a construction company, landscaper, or fencing company. The property is located in Southport, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Auto Repair Shop Storage Facility Bar & Pub HVAC Service Daycare Center Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southport
    County
    Bay
    State
    Florida
    Longitude
    -85.6884849
    Latitude
    30.3985408

    Nearby Similar for Sale

    • $450,000

      Southport Commercial Land on Highway

      Commercially zoned 0.84-acre parcel with high traffic visibility.
      7401 Highway 77, Southport, FL 32409
      View Details
    • $500,000

      Southport, FL Commercial Corner Parcel

      Commercially zoned corner parcel on high-traffic Highway 77 corridor.
      7415 Highway 77, Southport, FL 32409
      View Details
    • $775,000

      Southport, FL Commercial Land

      5.75-acre commercial parcel on high-traffic highway in Southport, Florida.
      12135 Highway 77, Southport, FL 32409
      View Details
    • $950,000

      Southport Commercial Land on Highway

      1.95 acres of C3-zoned commercial land on Highway 77.
      7401&7415 FL-77, Southport, FL 32409
      View Details
    • $449,000

      Waterfront Lots on Deer Point Lake

      Three waterfront lots totaling 10.5 acres in Southport, Florida.
      Hwy 2321, Southport, FL 32409
      View Details
    • $45,000

      Southport Land Development Opportunity

      Residential development land near Lynn Haven with R-2 zoning.
      371 Newman Point Road, Southport, FL 32409
      View Details
    • $105,000

      Waterfront Homesite in Osprey Point

      Waterfront lot for custom home in established Southport community.
      Osprey Point, Southport, FL 32409
      View Details
    • $225,000

      Southport, FL Land Opportunity

      14.25 acre R-2 zoned land near Lynn Haven.
      422 Newman Point Road, Southport, FL 32409
      View Details
    • $400,000

      Partially Cleared Commercial Parcel

      4.4 acre commercial parcel in a growing area.
      0000 Briggs Lane, Southport, FL 32409
      View Details
    • $440,000

      Southport Timberland with Recreational Potential

      80+/- acres of timberland ideal for hunting and recreation.
      Elkcam Boulevard, Southport, FL 32409
      View Details
    • $424,900
      4,502 SF

      Southport Commercial Property For Sale

      Commercial property in Southport with high traffic count and C-3 zoning.
      2126 Highway 2321, Southport, FL 32409
      View Details
    • $1,395,000

      Southport, FL Lakefront Land

      Residential development opportunity with 330 feet on Deerpoint Lake.
      8380 Resota Beach Road, Southport, FL 32409
      View Details

    FAQs

    What type of property is this?
    Office property - 3.5 acres on Highway 77, suitable for office and storage.
    Where is this office property located?
    The property is located at 13636 Highway 77 Southport, FL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Great Commercial Location on Highway 77; 3.5 Acres of Land; Suitable for Construction, Landscaping, or Fencing Businesses
    (850) 890-6262
    We can help!
    Listing Contact
    The Sanchez Group
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    13636 Highway 77, Southport, FL 32409

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!