$2,695,000
3407 S Highway 77 Panama City, FL 32405
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$2,695,000
Est. payment /mo
4.2 Acres Lot
UPDATED:
10/04/2024 02:51 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision St Andrews Bay Dev Cmp
MLS Listing ID 728820
HOA Y/N No
Year Built 1985
Lot Size 4.200 Acres
Acres 4.2
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 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.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Utilities Available Sewer Available, Water Available
Waterfront No
Building
Lot Description Flood Zone
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Hiland Park
Middle Schools Mowat
High Schools Mosley
Others
Tax ID 11801-080-000
Acceptable Financing Cash, Other, See Remarks
Listing Terms Cash, Other, See Remarks
Special Listing Condition Listed As-Is
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Listed by Keller Williams Success Realty
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