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    3407 Highway 77 S Panama City, FL 32405

    For Sale
    $1,300,000

    SINGLE_FAMILY - Panama City, FL

    Type:Retail
    Lot size:
    2.10 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 3407 Highway 77 S

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    11801-080-000
    Lot size
    2.10 Acres

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1985
    Building materials
    MetalSiding

    Keller Williams Success Realty (850) 249-0313 [email protected]

    Listing agent Christine Lance (850) 249-0313 License #3278226

    Listing date Oct 22, 2025

    Copyright © 2025 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

    Retail Building on Highway 77

    This 2.1-acre property is located on Highway 77 in Panama City. The site features 330 feet of road frontage on Highway 77, with two points of ingress and egress. The average daily traffic count is 30,098 vehicles. The property includes a 60' x 60' metal retail building with a finished interior space and covered warehouse storage. Parking is available at the front of the building, and an easement will be granted for driveway access to the adjacent building. The back portion of the property is vacant land. The retail business currently operating on the premises is not part of the sale; only the building and property are being offered. The business is currently operating under a month-to-month lease. While the property has a Panama City address, it was annexed by the city of Lynn Haven, and utilities and taxes are managed through the City of Lynn Haven.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.648882
    Latitude
    30.209761

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    FAQs

    What type of property is this?
    Retail space - 2.1 acre property with retail building on busy Highway.
    Where is this retail space located?
    The property is located at 3407 Highway 77 S Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - High-traffic location: 330' frontage on Hwy 77 with 30,098 average daily traffic count.; - **2.1 acre property with a 60' x 60' metal retail building including finished interior space and covered warehouse storage.**; - Two points of ingress and egress.
    (850) 249-0313
    Request Owner's contact information
    3407 Highway 77 S Panama City, FL 32405
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    Panama City, FL 32405
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    Realmo Value Estimation

    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.

    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.

    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
    3407 Highway 77 S Panama City, FL 32405
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