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    6860 Fl-77 Southport, FL 32409

    For Sale
    $450,000

    34 Acres, Hwy 77 Frontage, Prime Location

    Property size:
    1,481,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 34-acre parcel in Southport, Florida, presents a significant commercial development opportunity. Boasting over 200 feet of frontage on Highway 77 and approximately 678 feet on Daffin Lake Road, this strategically located property enjoys high visibility and accessibility. Situated just 1.1 miles north of Bailey Bridge and within close proximity to Panama City Beaches International Airport (14 miles), Panama City Marina (9.4 miles), and a major medical center (6.9 miles), this site offers unparalleled convenience. The property benefits from a daily traffic count exceeding 25,500 vehicles. County water is available via a 6-inch line, and sewer lines are in place, though not currently active. A detailed biological survey is available for review, addressing a portion of the property containing wetlands requiring permitting for development. The asking price reflects recent significant reduction to accommodate potential mitigation costs. This mixed-use site presents a compelling investment opportunity in a rapidly growing corridor, offering substantial potential for various commercial ventures. The property's size and location make it ideal for a wide range of developments, capitalizing on the area's expanding commercial sector and strong traffic flow. A detailed biological survey is available upon request. The 1,481,040 square foot lot is priced at $450,000.

    Property Features for 6860 Fl-77

    General Information

    Property type
    Specialty properties
    Square Feet
    1,481,040 SF

    HighLights

    • 34‑acre commercial development site in Southport, Florida.
    • High visibility with 200 ft of Highway 77 frontage and 678 ft on Daffin Lake Road.
    • Excellent location: 1.1 miles north of Bailey Bridge, near Panama City Beaches International Airport (14 miles), Panama City Marina (9.4 miles), and a major medical center (6.9 miles).
    • High daily traffic count exceeding 25,500 vehicles.
    • 6‑inch county water line available; sewer lines in place. Wetlands on a portion of the property require permitting; a biological survey is available.
    • 1,481,040 sq ft lot priced at $450,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southport
    County
    Bay
    State
    Florida
    Longitude
    -85.639316
    Latitude
    30.2747738

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    FAQs

    What type of property is this?
    Specialty property - 34 Acres, Hwy 77 Frontage, Prime Location
    Where is this specialty property located?
    The property is located at 6860 Fl-77 Southport, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 34-acre commercial development site in Southport, Florida.; High visibility with 200 ft of Highway 77 frontage and 678 ft on Daffin Lake Road.; Excellent location: 1.1 miles north of Bailey Bridge, near Panama City Beaches International Airport (14 miles), Panama City Marina (9.4 miles), and a major medical center (6.9 miles).
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    Southport, 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
    6860 Fl-77 Southport, FL 32409
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