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    11902 Highway 77 Panama City, FL 32409

    For Sale
    $400,000

    4.4-Acre Prime Bay County Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.4-acre vacant commercial land parcel in Southport, Florida, is priced at $400,000. Located on Hwy 77, this cleared and build-ready lot offers unparalleled visibility and accessibility, situated near residential areas for consistent customer traffic. Its strategic location provides easy access to Panama City (11.5 miles) and Northwest Florida Beaches International Airport (14 miles), expanding market reach. The property's size (191,664 sq ft) presents unlimited potential for various commercial ventures, including a storage facility, capitalizing on regional demand. An optional adjacent 3.5-acre parcel with 400 feet of four-lane Hwy 77 frontage is also available for purchase. This presents a savvy investment opportunity in a rapidly growing area of Bay County, Florida, with its zip code being 32409. The property is located in the city of Southport, and the county is Bay County.

    Property Features for 11902 Highway 77

    General Information

    Property type
    Land

    HighLights

    • 4.4‑acre vacant commercial land in Southport, FL, priced at $400,000.
    • Hwy 77 frontage provides high visibility and accessibility.
    • Cleared and build‑ready, near residential areas for strong customer traffic.
    • Convenient access to Panama City (11.5 miles) and Northwest Florida Beaches International Airport (14 miles).
    • 191,664 sq ft lot ideal for various commercial uses, including self‑storage.
    • Optional adjacent 3.5‑acre parcel available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Parts Store Kitchen & Bath HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.67139
    Latitude
    30.366826

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    FAQs

    What type of property is this?
    Land - 4.4-Acre Prime Bay County Lot
    Where is this land located?
    The property is located at 11902 Highway 77 Panama City, FL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 4.4-acre vacant commercial land in Southport, FL, priced at $400,000.; Hwy 77 frontage provides high visibility and accessibility.; Cleared and build-ready, near residential areas for strong customer traffic.
    Request Owner's contact information
    11902 Highway 77 Panama City, FL 32409
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    Panama City, FL 32409
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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
    11902 Highway 77 Panama City, FL 32409
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