$2,495,000
Panama City, FL 32405
MLS# 728820
7200 sqft
1 / 38
Property Description
Owners will divide! Desirable 4.2 acre property located on busy Hwy 77 in Panama City. There is 330' of road frontage on Hwy 77 with ingress and egress in two locations. Annual average daily traffic count is 30,098 vehicles. The property consists of two metal 60' x 60' retail buildings complete with finished interior space and covered warehouse storage. There is parking at each building and a driveway between. There is no direct cut in the median at this location, but the cut is very nearby so turning in from the opposite side of the road is fairly easy. The back portion of the property is vacant land except for a cement slab where an additional storage building used to be. The sellers retail business is not for sale only the buildings and property. The other business onsite is in a month to month lease. Please do not disturb these tenants. The property has a Panama City address but was annexed by the city of Lynn Haven, so utilities and taxes are through Lynn Haven. Lots of potential with this size lot for teardown and redevelopment as Office, Hotel, Retail, Restaurant, Multi-Family, etc. Sellers will consider owner financing with 20% - 25% down and a 5 year balloon.
Details
Maps
Contract Info
List Price/SqFt: 346.53
List Date: 2022-06-27
List Price: $2,495,000
Current Price: $2,495,000
Sub-Type: Other
Location
Sub Area: 0201 - Bay - Central NE
Community/Resort: None
Waterfront: No
Elementary School: Hiland Park
Middle School: Mowat
High School: Mosley
Directions: Take Hwy 77 North from 23rd St. It's past Baldwin Rd before Mosley Dr.
Area: 02 - Bay County - Central
Street #: 3407
Street Direction: S
Street Name: Highway 77
State: FL
Zip Code: 32405
County: Bay
Subdivision: St Andrews Bay Dev Cmp
Parcel ID: 11801-080-000
Legal Description: 21 3S 14W -10.80- 103C ST AND BAY DEV CO PLAT LOT 77 ORB 1387 P 1279
General Property Info
List Class: Commercial
Acreage: 4.2
Construction Status: Construction Complete
SqFt Tot Bldg: 7200
Year Built: 1985
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Owners will divide! Desirable 4.2 acre property located on busy Hwy 77 in Panama City. There is 330' of road frontage on Hwy 77 with ingress and egress in two locations. Annual average daily traffic count is 30,098 vehicles. The property consists of two metal 60' x 60' retail buildings complete with finished interior space and covered warehouse storage. There is parking at each building and a driveway between. There is no direct cut in the median at this location, but the cut is very nearby so turning in from the opposite side of the road is fairly easy. The back portion of the property is vacant land except for a cement slab where an additional storage building used to be. The sellers retail business is not for sale only the buildings and property. The other business onsite is in a month to month lease. Please do not disturb these tenants. The property has a Panama City address but was annexed by the city of Lynn Haven, so utilities and taxes are through Lynn Haven. Lots of potential with this size lot for teardown and redevelopment as Office, Hotel, Retail, Restaurant, Multi-Family, etc. Sellers will consider owner financing with 20% - 25% down and a 5 year balloon.
Other
Year Built: 1985
Building SqFt: 7200
Construction/Siding
Siding - Metal: 1
Energy
AC - Central Elect: 1
Financing
Cash: 1
Other - See Remarks: 1
Present Zoning
Commercial: 1
Utilities
Public Sewer - Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Business/Property
Furnished - None: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
Heat - Central Electric: 1
Offering Type
Sale Only: 1
Pricing Type
Sale Price: 1
Site Description
Flood Plain: 1
Transport. Access
4-Lane: 1
Divided Highway: 1
Status Change Info
Status: Active
Property Features
Energy: AC - Central Elect
Financing: Cash; Other - See Remarks
Offering Type: Sale Only
Pricing Type: Sale Price
Present Zoning: Commercial
Sale Type: As Is
Site Description: Flood Plain
Utilities: Public Sewer - Connected; Water Connected
Listing Office: Keller Williams Success Realty
Last Updated: April - 16 - 2026
Information deemed reliable but not guaranteed.