Mixed-Use Property with
For Sale
$525,000
1307 Florida Avenue, Lynn Haven, FL 32444
CommercialSale, Lynn Haven, FL
Property Size1,758 SF
Lot Size0.34 Acres
Price / SF$298.63
Days on Market210
Property Features for 1307 Florida Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Lynn Haven
Elementary school
Lynn Haven
Middle school
Mowat
High school
Mosley
Directions
From Hwy 77, Ohio Ave, turn on W 13th Street and then left on Florida Ave.
Standard status
Active
APN
10100-000-000
Size
1,758 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
LYNN HAVEN MAP 102C3 LOTS 16 & 17 BLK 222 ORB 1045 P 1858 ORB 2160 P 1968
Legal Description
LYNN HAVEN MAP 102C3 LOTS 16 & 17 BLK 222 ORB 1045 P 1858 ORB 2160 P 1968
Utilities
Sewer type
Public Sewer
Building Details
Year built
1971
Floors in Building
1
Building materials
Block
Roof type
Metal
Listing Agency:
Counts Real Estate Group Inc
(850) 249-3615
Listed By:
Martha P Gray · License #3130420
(850) 866-9661
Added: Mar 21
Changed: Sep 21
Last Checked: Oct 16 at 7:06PM
MLS# 787147
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.
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Investment Insights
Based on property information with market context.
This 0.34-acre mixed-use property includes a 1,758-square-foot building constructed in 1971. The structure features block construction, a metal roof, and access to public sewer. The existing improvements are positioned on land identified for mixed-use activity, with commercial use described as the preferred direction.
The property is located near the intersection of Hwy 390 and Hwy 77 in Lynn Haven, Florida. A business has opened across the street, adding an established commercial presence to the immediate setting. Buyers should independently confirm zoning, permitted uses, and development feasibility before pursuing a specific plan.
The property is located near the intersection of Hwy 390 and Hwy 77 in Lynn Haven, Florida. A business has opened across the street, adding an established commercial presence to the immediate setting. Buyers should independently confirm zoning, permitted uses, and development feasibility before pursuing a specific plan.
Key Highlights
- 0.34‑acre mixed‑use property in Lynn Haven, FL
- 1,758‑square‑foot building constructed in 1971
- Block construction with a metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,800
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,000
$356.0K
Cap Rate 7%
$254,286
$254.3K
Cap Rate 9%
$197,778
$197.8K
Market Conditions
NOI Build-Up for 1,758 SF
Gross rent
$31.6K $18.00/SF
− Vacancy
−$3.2K −$1.80/SF
EGI
$28.5K $16.20/SF
− OpEx
−$10.7K −$6.07/SF
NOI
$17.8K $10.13/SF
Area
Bay County, FL
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,000
Cap Rate 7%
$254,286
Cap Rate 9%
$197,778
Alternative Uses
Best Use
Mixed Use
$254.3K
$222.5K – $296.7K
NOI $17,800 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$512.2K
$448.2K – $597.6K
NOI $35,855 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
Explore this area
Business Placement
Demographics for 32444, FL
19,913
Population
8,632
Households
2.3
Avg Household Size
41
Median Age
32%
College-Educated
92%
High-School Grad
9.8 sq mi
ZIP Area
2,032
Density / Sq Mi
$89,508
Median Household Income
$42,348
Median Earnings
$1,494
Median Rent
$292,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use land includes an existing block building with a metal roof and public sewer.
Where is this mixed-use property located?
The property is located at 1307 Florida Avenue Lynn Haven, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 0.34‑acre mixed‑use property in Lynn Haven, FL; 1,758‑square‑foot building constructed in 1971; Block construction with a metal roof
