12135 Highway 77, Panama City, FL 32409 (MLS# 782481)

12135 Highway 77, Panama City, FL 32409

$775,000

Property Type: Commercial Land Lot Size (sq. ft.): 220,980 Status: Active

Current Price: $775,000 List Date: 12/08/2025 Last Modified: 2/26/2026

Overview

Description

Prime Investment Opportunity on Highway 77! Come see this great opportunity for an investor. This vacant 5.07-acre commercial parcel on a high-traffic highway was originally planned for a storage unit facility, making it an ideal ‘ready-to-go’ development site for a similar project.

Listing Details MLS# 782481

Location, Tax & Legal

Street #: 12135
Street Name: Highway 77
State: FL
Zip Code: 32409
County: Bay
Area: 04 – Bay County – North
Subdivision: No Named Subdivision
Parcel ID: 07551-130-000
Legal Description: 30 1S 14W -11.5- 85B BEG AT INTSECT OF S R/W MILL CREEK DR & WLY R/W HWY 77 TH SELY 499.76' TO NLY R/W OF 60' RD (ORB 4528 P 2077) TH SWLY 396.69' N 70.84' NWLY 604.55' NELY 44.91' TO S R/W MILL CREEK DR TH SE 36.26' SELY 11.04' E 337.44' TO POB ORB 4658 P 2142
Sub Area: 0411 – Bay North – West Bay
Community/Resort: None
Waterfront: No
Elementary School: Southport
Middle School: Deane Bozeman
High School: Deane Bozeman
Directions: North on Hwy 77 Property is right before Mill Creek Sub division
HOA Fee: No

Contract Info

List Price/Acre: 152859.96
Sub-Type: Unimproved Commercial
List Type: Exclusive Right of Sale
Named Exception: No

General Property Info

Acreage: 5.07
Lot Size (SqFt): 220980
Frontage Feet: 528.5
Is Subject Leased: No

Remarks & Misc

Remarks: Prime Investment Opportunity on Highway 77! Come see this great opportunity for an investor. This vacant 5.07-acre commercial parcel on a high-traffic highway was originally planned for a storage unit facility, making it an ideal 'ready-to-go' development site for a similar project.

Financing

Cash: Yes
Construction Perm: Yes
Conventional: Yes
Exchange: Yes
FHA: Yes
FMHA/USDA: Yes

More Information

Lot Features

Survey Available: Yes

Lot/Parcel Access

Paved Road: Yes
State Highway: Yes

Present Zoning

General Commercial: Yes

Utilities

Electricity – Connected: Yes

TransportationAccess

4 – Lane: Yes
Access-Interstate: Yes
Divided Highway: Yes
Paved: Yes
State Road: Yes

Property Features

TransportationAccess: 4 – Lane; Access-Interstate; Divided Highway; Paved; State Road Financing: Cash; Construction Perm; Conventional; Exchange; FHA; FMHA/USDA Lot Features: Survey Available Utilities: Electricity – Connected Present Zoning: General Commercial

Listing Office: Beachy Beach Real Estate

Last Updated: February – 26 – 2026

Information deemed reliable but not guaranteed.