$1,500,000
Panama City, FL 32405
MLS# 792429
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Property Description
Prime 3.4-acre development site boasting 220 feet of frontage on Highway 77, a major four-lane highway carrying approximately 30,000 vehicles per day (per FDOT traffic count data). This shovel-ready parcel offers rare dual access: a median-cut entry directly off Highway 77 for maximum visibility and customer convenience, plus secondary rear access from N MacArthur Ave for deliveries, overflow parking, or a secondary curb cut. Situated less than a mile from Panama City's primary retail corridor -- Target, Kohl's, Planet Fitness, Home Depot, Lowe's, Walmart, Publix, TJ Maxx, and Hobby Lobby -- this location benefits from established co-tenancy and heavy daily traffic. Ready to build, the site is ideal for retail, medical, restaurant, or mixed-use development. Don't miss this opportunity to secure a high-visibility Highway 77 location with strong frontage and excellent surrounding demographics. Power, Water, and Sewer Available.
Details
Maps
Contract Info
List Price/Acre: 441176.47
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2026-07-08
List Price: $1,500,000
Current Price: $1,500,000
Sub-Type: Unimproved Commercial
Location, Tax & Legal
Sub Area: 0201 - Bay - Central NE
Community/Resort: None
Waterfront: No
Elementary School: Hiland Park
Middle School: Mowat
High School: Bay
Directions: On Highway 77
HOA Fee: No
Street #: 2822
Street Name: Martin Luther King Jr Blvd
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Area: 02 - Bay County - Central
Subdivision: [No Recorded Subdiv]
Parcel ID: 12865-010-000
Legal Description: 28 3S 14W -8.16- 104B ST AND BAY DEV CO PLAT LOT 45 LESS E 50' FOR RD R/W & LESS PCL -8.2- ORB 4729 P 1965
General Property Info
Site Dimensions: 205.0 ft x 500.0 ft
Acreage: 3.4
Lot Size (SqFt): 148104
Is Subject Leased: No
Remarks & Misc
Remarks: Prime 3.4-acre development site boasting 220 feet of frontage on Highway 77, a major four-lane highway carrying approximately 30,000 vehicles per day (per FDOT traffic count data). This shovel-ready parcel offers rare dual access: a median-cut entry directly off Highway 77 for maximum visibility and customer convenience, plus secondary rear access from N MacArthur Ave for deliveries, overflow parking, or a secondary curb cut. Situated less than a mile from Panama City's primary retail corridor -- Target, Kohl's, Planet Fitness, Home Depot, Lowe's, Walmart, Publix, TJ Maxx, and Hobby Lobby -- this location benefits from established co-tenancy and heavy daily traffic. Ready to build, the site is ideal for retail, medical, restaurant, or mixed-use development. Don't miss this opportunity to secure a high-visibility Highway 77 location with strong frontage and excellent surrounding demographics. Power, Water, and Sewer Available.
Financing
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Lot/Parcel Access
Paved Road: 1
State Highway: 1
Present Zoning
County: 1
Utilities
Sewer Available: 1
Water Available: 1
Sale Type
As Is: 1
TransportationAccess
4 - Lane: 1
Divided Highway: 1
Median Cut: 1
State Road: 1
Status Change Info
Status: Active
Property Features
TransportationAccess: 4 - Lane; Divided Highway; Median Cut; State Road
Financing: Cash; Conventional
Lot Features: Cleared
Sale Type: As Is
Utilities: Sewer Available; Water Available
Present Zoning: County
Listing Office: Think Real Estate
Last Updated: July - 09 - 2026
Information deemed reliable but not guaranteed.