3407 S Highway 77, Panama City, FL 32405
St Andrews Bay Dev Cmp · Bay County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Year Built
1985
Living Area
7,200 sq ft
Lot Size
4.20 acres
Days on Market
1388
MLS® Listing#
728820
Property Features
Construction
Utilities
Sewer
Schools
- Elementary:
- Hiland Park
- Middle:
- Mowat
- High:
- Mosley
Financial Details
HOA
None
Parcel Number
11801-080-000
Directions
Take Hwy 77 North from 23rd St. It's past Baldwin Rd before Mosley Dr.
Affordability Calculator
$499,000
Estimated monthly payment
$13,279/mo
Principal $1,996,000 · Est. interest $2,784,598 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City, FL
- $379,416
- Median Listing Price
- 109
- Median Days on Market
- 1,566
- Median Sq Ft
- $253
- Median Price / Sq Ft
- 6,097
- Active Listings
- This home’s price is 558% above the area median.
- Its price per sq ft is 37% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City, FL.
Location
Points of Interest in Panama City, FL
Showing the Panama City area map.
Nearby Schools
New Horizons Learning Center
School · 0.3 mi away
A. Crawford Mosley High School
Secondary · 0.3 mi away
Panama City Advanced School
School · 1.3 mi away
Mowat Middle School
Secondary · 1.3 mi away
Hiland Park Elementary School
Elementary · 1.3 mi away
Bay Haven Charter Academy
Secondary · 1.3 mi away
Kaleidoscope School of Discovery
School · 1.4 mi away
Newpoint Bay High School
Secondary · 1.9 mi away
Bacot Academy
School · 1.9 mi away
Lynn Haven Elementary School
Elementary · 2.4 mi away
Northside Elementary School
Elementary · 2.4 mi away
Pre School
School · 2.4 mi away
Club 4 Kids
School · 2.6 mi away
Bay High School
Secondary · 2.8 mi away
Central High School
Secondary · 2.8 mi away
Covenant Christian School
School · 2.8 mi away
A D Harris Headstart
School · 2.9 mi away
Bacot Academy
School · 2.9 mi away
Chautauqua Charter School
Secondary · 2.9 mi away
Bay Regional Juvenile Detention Center
School · 3.0 mi away
Commute Calculator
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|---|---|---|---|---|
| 13310 Front Beach Road, Panama City, FL | $1,749,000 | 6 | 6 | 3,168 |
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| 13310 Front Beach Road, Panama City Beach, FL | $1,749,000 | 7 | 6 | 3,310 |
| 1117 S Tyndall Parkway, Panama City, FL | $1,750,000 | — | — | — |
| 22005 Belgrade Avenue, Panama City Beach, FL | $1,750,000 | 6 | 6 | 3,510 |
| 21806 Webb Street, Panama City Beach, FL | $1,750,000 | 5 | 5 | 2,884 |
Moving Cost Estimate
EXIT Agents in Panama City
Listing Courtesy: Keller Williams Success Realty - 8502490313