Office Units with Storage
For Sale
$500,000
Pending
13636 Highway 77, Southport, FL 32409
CommercialSale, Southport, FL
Property Size1,416 SF
Lot Size3.50 Acres
Days on Market384
Property Features for 13636 Highway 77
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
[No Recorded Subdiv]
Elementary school
Deane Bozeman
Middle school
Deane Bozeman
High school
Deane Bozeman
Directions
North on Highway 77. Pass Bozeman. Property on the right.
Standard status
Pending
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
Legal 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
Amenities
two sheds
Building Details
Year built
1950
Building materials
Brick
Roof type
Metal
Additional Structures
Shed(s)
Listing Agency:
Think Real Estate
(850) 270-4200
Listed By:
The Sanchez Group
(850) 890-6262
Added: Sep 22, 2025
Changed: Aug 19
Last Checked: Oct 10 at 9:06AM
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.
Investment Insights
Based on property information with market context.
This office property includes 1,416 square feet with three rooms and two bathrooms. The building features brick construction, a metal roof, and a 1950 build date. Two sheds are also located on the property, adding separate on-site structures to the improvements.
The property occupies 3.5 acres along Highway 77 at 13636 Highway 77 in Southport, Florida 32409. Its combination of office rooms, acreage, and additional sheds provides a straightforward commercial property configuration with both enclosed building space and separate structures.
The property occupies 3.5 acres along Highway 77 at 13636 Highway 77 in Southport, Florida 32409. Its combination of office rooms, acreage, and additional sheds provides a straightforward commercial property configuration with both enclosed building space and separate structures.
Key Highlights
- 3.5‑acre commercial property along Highway 77
- 1,416 square feet of office space
- Three rooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,809
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,180
$476.2K
Cap Rate 7%
$340,129
$340.1K
Cap Rate 9%
$264,544
$264.5K
Market Conditions
NOI Build-Up for 1,416 SF
Gross rent
$39.9K $28.20/SF
− Vacancy
−$8.2K −$5.78/SF
EGI
$31.7K $22.42/SF
− OpEx
−$7.9K −$5.60/SF
NOI
$23.8K $16.81/SF
Area
Bay County, FL
Vacancy
20.50%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,180
Cap Rate 7%
$340,129
Cap Rate 9%
$264,544
Alternative Uses
Best Use
Office B
$340.1K
$297.6K – $396.8K
NOI $23,809 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$412.6K
$361.0K – $481.3K
NOI $28,880 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 32409, FL
10,394
Population
4,525
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
90%
High-School Grad
126.6 sq mi
ZIP Area
82
Density / Sq Mi
$60,687
Median Household Income
$37,278
Median Earnings
$1,097
Median Rent
$221,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office property with three rooms, two bathrooms, and two exterior sheds.
Where is this office units 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: 3.5‑acre commercial property along Highway 77; 1,416 square feet of office space; Three rooms and two bathrooms
