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    11902 Highway 77 Panama City, FL 32409

    • Land
    For Sale
    View listing
    $400,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 11902 Highway 77

    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6714
    Latitude
    30.3668

    Comparable in this City

    • Value Estimation by Request

      11902 Highway 77

      Land
      11902 Highway 77, Panama City, FL 32409
      View Details
    • Value Estimation by Request

      7401/7415 Highway 77

      Land
      7401/7415 Highway 77, Southport, FL 32409
      View Details
    • Value Estimation by Request
      231.00 Acres

      Fonza Rd

      Land • 231.00 Acres
      0 Fonza Rd, Southport, FL 32409
      View Details
    • Value Estimation by Request

      7716 Sr-77

      Land
      7716 Sr-77, Southport, FL 32409
      View Details
    • Value Estimation by Request
      14.71 Acres

      6822 Hilliard St

      Land • 14.71 Acres
      6822 Hilliard St, Southport, FL 32409
      View Details
    • Value Estimation by Request
      21.83 Acres

      6422 Grassy Point Rd

      Land • 21.83 Acres
      6422 Grassy Point Rd, Southport, FL 32409
      View Details

    Similar Nearby for Sale

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      Highway 77 Commercial Land

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      11902 Highway 77, Panama City, FL 32409
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    • $745,000

      Highway 77 Commercial Land

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    • $220,000
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      Waterfront Land in Southport, Florida

      1.61 acres of waterfront land with deep water access.
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    Similar Nearby for Lease

    • $3,000 /Mo

      Commercial Property on Highway 77

      Office and storage yard on 3.5 acres available for rent.
      13636 Highway 77, Southport, FL 32409
      View Details
    • $18 SF/Yr
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      Former Gym Available For Lease

      4,400 SF former gym space, divisible into two suites.
      2423-2499 Highway 77, Panama City, FL 32409
      View Details
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    11902 Highway 77
    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
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