3407 S Highway 77, Panama City, FL 32405

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$2,695,000

bedrooms

bathrooms

square feet

Acreage

4.2

Open Houses

year built

1985

Full Baths

Half Baths

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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
Subdivision	St Andrews Bay Dev Cmp
County	Bay
Elementary School	Hiland Park
Middle School	Mowat
High School	Mosley

Driving directions

Open houses

None scheduled.

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MLS number: 728820

Listing agent: Christine Lance #3278226

Listing broker: Keller Williams Success Realty (850) 249-0313

Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, March 23 2025 at 2:13 a.m. EDT

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