Commercial for Sale: 3407 S Highway 77, Panama City, FL 32405
$2,695,000
$2,695,000
3407 S Highway 77,
Panama City, FL 32405
$2,695,000
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Price:
$2,695,000
Est. payment: Skip to Mortgage Calculator
Type Commercial
Year Built 1985
City Panama City
County Bay
Subdivision St Andrews Bay Dev Cmp
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 33,065 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 is located in an A Flood Zone, so flood coverage is lender required on the buildings. The sellers had a ditch installed around the perimeter of the property years ago to move rainwater off and out to the main street drainage. 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.
Lot & Building Features
Construction Materials Metal Siding
Cooling Central Air, Electric
Heating Central, Electric
Sewer Public Sewer
Water Source Public
Community and Schools
Elementary School Hiland Park
Junior High School Mowat
Senior High School Mosley
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3407 Highway 77 (MLS #728820) is a commercial listing located in Panama City, FL. This property was listed on 06/29/2022 and has been priced for sale at $2,695,000.
Nearby zip codes are 32401, 32404 and 32444. This property neighbors other cities such as Cedar Grove and Lynn Haven.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: |