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    Property profile & analytics

    7506 Hwy 77 Southport, FL 32409-1527

    • Grocery and convenience stores
    • 7,168 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    May 24, 2023
    Location Intelligence
    Property ID
    US18-0430904
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 7506 Hwy 77

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.67 lot acres
    Property size
    7,168 SF
    Zone code
    BC05
    Property type
    Grocery and convenience stores
    APN
    07972-010-000
    APU
    7972010000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Southport
    County
    Bay
    State
    Florida
    Longitude
    -85.6369
    Latitude
    30.2861
    CBSA code
    37460
    CBSA name
    PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,120
    $53,035
    $339,838
    $392,873
    -
    $53,035
    $339,838
    $392,873

    Comparable in this City

    • Value Estimation
      $450,000
      3,750 SF

      15500 Hwy 77

      CONVENIENCE STORE • 3,750 SF
      15500 Hwy 77, Southport, FL 32409-4675
      View Details
    • Value Estimation
      $400,000
      6,729 SF

      13435 Hwy 77

      CONVENIENCE STORE • 6,729 SF
      13435 Hwy 77, Southport, FL 32409-4214
      View Details
    • Value Estimation
      $425,000
      4,968 SF

      7816 Hwy 77

      CONVENIENCE STORE • 4,968 SF
      7816 Hwy 77, Southport, FL 32409-1580
      View Details
    • Value Estimation
      $305,000
      2,400 SF

      6823 Hwy 77

      CONVENIENCE STORE • 2,400 SF
      6823 Hwy 77, Southport, FL 32409-4508
      View Details
    • Value Estimation
      $1,265,000
      6,736 SF

      3035 Hwy 2321

      CONVENIENCE STORE • 6,736 SF
      3035 Hwy 2321, Southport, FL 32409-1680
      View Details
    • Value Estimation
      $1,030,000
      4,824 SF

      7438 Hwy 77

      CONVENIENCE STORE • 4,824 SF
      7438 Hwy 77, Southport, FL 32409-1637
      View Details

    Similar Nearby for Sale

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    • $875,000
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      Commercial land in growing area with highway frontage and lake views.
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    • $1,750,000
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      Southport Commercial Property Investment

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      High-traffic, 4,814 sq ft metal building
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    Similar Nearby for Lease

    • $18 SF/Yr
      4,400 SF

      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
    • $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
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    7506 Hwy 77
    Southport, FL 32409-1527
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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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