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3407 Highway 77 S Panama City, FL 32405

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For Sale
$2,495,000

4.2-acre property with retail buildings and redevelopment potential.

Property size:
7,200 SF
Lot size:
4.20 Acres

Property Features for 3407 Highway 77 S

General Information

Standard status
Active
Size
7,200 SF
Lot size
4.20 Acres

Building Details

Year built
1985

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Listing Contact
Christine Lance
Christine Lance
Source: Corcoran

Listing Agency: KELLER WILLIAMS SUCCESS REALTY Listing Agent: Christine Lance

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Highway 77 Commercial Property

This 4.2-acre property is located on Highway 77 in Panama City and features 330 feet of road frontage with ingress and egress at two locations. The annual average daily traffic count is 30,098 vehicles. The property includes two 60' x 60' metal retail buildings with finished interior space and covered warehouse storage. Parking is available at each building, with a driveway between them. The rear portion of the property is vacant land, except for a cement slab where a storage building was previously located. The sellers' retail business is not for sale; only the buildings and property are available. Another business is currently operating on a month-to-month lease. The property has a Panama City address but was annexed by the city of Lynn Haven, so utilities and taxes are managed through Lynn Haven. The property offers potential for redevelopment as office, hotel, retail, restaurant, or multi-family use.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.6489358
Latitude
30.2097932

FAQs

What type of property is this?
Retail space - 4.2-acre property with retail buildings and redevelopment potential.
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 $2,495,000.
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.; - 4.2 acres suitable for office, hotel, retail, restaurant, or multi-family redevelopment.; - Two existing 60' x 60' metal retail buildings: Complete with finished interior space and covered warehouse storage.
More about this property
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