Homes for sale - 3407 S Highway 77, Panama City, FL 32405

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LPT Realty

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$ 2,695,000

Est. payment | -/mo

4.2 Acres Lot

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$ 2,695,000

Est. payment | -/mo

Save

4.2 Acres Lot

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

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

Listed by Keller Williams Success Realty

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