7307 Hwy 77 Southport, FL 32409-2673
This exceptional commercial property, located at 7307 Highway 77 in Southport, Florida (zip code 32409), presents a unique investment opportunity. Situated on a 30,492 square foot lot, this single-story property boasts a prime corner location next to Grassy Point Hardware and near Tractor Supply, ensuring high visibility and significant traffic flow. The property benefits from two convenient access points, one from Highway 77 and another from Grassy Point Road. The strategic location is ideal for businesses requiring substantial traffic, such as a franchise coffee shop, quick oil change facility, or any service-oriented enterprise. While previous structures have been removed, the existing concrete slabs could be repurposed, potentially for a large pole barn or covered area. Utilities include county water and a septic system; an unused well is also present and could be reactivated. A current survey and flood elevation certificate are readily available (Buildings are in X and rear of the property is in AE). The property features a clear title, facilitating a swift closing process. This high-traffic location is further enhanced by the development of several large new subdivisions north of Southport, promising future growth and increased traffic volume. The asking price for this exceptional property is $225,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BC05 · Southport, FLSouthport. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.