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Property profile & analytics
OFF-MARKET
Commercial land

6312 Hwy 77 Southport, FL 32409

1,092 SF 4.58 ac lot Built 1965
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-5427683
Property summary
AI-generated overview

This exceptional 4.58-acre vacant land parcel in Southport, Florida, presents a unique investment opportunity. Boasting breathtaking water views of the bay, marshes, and a small pond, this property offers versatile development potential. Currently priced at $398,400 (reduced from $450,000), the land is situated on the northeast side of the Bailey Bridge, providing convenient access to nearby amenities. The seller has already completed land clearing and is preparing to divide the property in half. With some mitigation work, the site could accommodate up to eleven units. However, for a single-family home or two duplexes, no additional work is required beyond setbacks and a retention pond, leaving over one acre of buildable land per lot. Enjoy the beautiful marsh and bay views while benefiting from the property's proximity to shopping, medical facilities in Lynn Haven and Panama City, the beach, and Tyndall Air Force Base. This mixed-use zoned property is ideal for a private estate or multiple residential units, making it a highly attractive investment in a desirable location. The total lot size is 199,505 square feet.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1965
Total area 1,092 SF
Lot 4.58 ac (199,505 SF)
APN 08541-000-000
UPID US18-5427683
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Craig Orrell · 1 yrs held
Craig Orrell
since 2025
Last sale
$175,000
7 recorded transactions
2025
$285,000
2022
$175,000
2008
Price N/A
2001
$163,000
2001
$175,000
2001
$176,300
2001
$175,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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