3407 Highway 77, Panama City, FL 32405
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Priced at Only: $2,695,000
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Address: 3407 Highway 77, Panama City, FL 32405
Property Location and Similar Properties
- MLS#: 728820 ( CommercialSale )
- Street Address: 3407 Highway 77
- Viewed: 17
- Price: $2,695,000
- Price sqft: $374
- Waterfront: No
- Year Built: 1985
- Bldg sqft: 7200
- Days On Market: 912
- Additional Information
- Geolocation: 30.2099 / -85.6485
- County: BAY
- City: Panama City
- Zipcode: 32405
- Subdivision: St Andrews Bay Dev Cmp
- Elementary School: Hiland Park
- Middle School: Mowat
- High School: Mosley
- Provided by: Keller Williams Success Realty
- DMCA Notice
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DescriptionOwners 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.
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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
Land Information
- Lot Features: FloodZone
School Information
- High School: Mosley
- Middle School: Mowat
- School Elementary: Hiland Park
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, Electric
- Heating: Central, Electric
- Road Frontage Type: Highway
- Sewer: PublicSewer
- Utilities: SewerAvailable, WaterAvailable
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Legal Description: 21 3S 14W -10.80- 103C ST AND BAY DEV CO PLAT LOT 77 ORB 1387 P 1279
- Levels: One
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 11801-080-000
- Possible Use: Commercial
- The Range: 0.00
- Views: 17
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- John Holtje
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- 352.587.3980
- bigjohnholtje@gmail.com