3407 S Highway 77, Panama City, FL 32405

$2,495,000
Property Type: Commercial for Sale Square Footage: 7,200 Lot Size (sq. ft.): 182,952 Status: Active
Current Price: $2,495,000 List Date: 2/26/2024 Last Modified: 4/16/2026

Overview

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 30,098 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 has a Panama City address but was annexed by the city of Lynn Haven, so utilities and taxes are through Lynn Haven. Lots of

Listing Details MLS# 728820

Contract Info

List Price/SqFt
346.53
Sub-Type
Other

Location

Area
02 – Bay County – Central
Street #
3407
Street Direction
S
Street Name
Highway 77
State
FL
Zip Code
32405
County
Bay
Sub Area
0201 – Bay – Central NE
Subdivision
St Andrews Bay Dev Cmp
Community/Resort
None
Waterfront
No
Parcel ID
11801-080-000
Elementary School
Hiland Park
Middle School
Mowat
High School
Mosley
Directions
Take Hwy 77 North from 23rd St. It's past Baldwin Rd before Mosley Dr.
Legal Description
21 3S 14W -10.80- 103C ST AND BAY DEV CO PLAT LOT 77 ORB 1387 P 1279

General Property Info

List Class
Commercial
Construction Status
Construction Complete
Acreage
4.2
SqFt Tot Bldg
7200
Year Built
1985

Other

Year Built
1985
Building SqFt
7200

Listing Info, Tax and Legal

HOA Fee
No

More Information

Remarks & Misc

Remarks
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 30,098 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 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. Sellers will consider owner financing with 20% – 25% down and a 5 year balloon.

Construction/Siding

Siding – Metal
Yes

Energy

AC – Central Elect
Yes

Financing

Cash
Yes
Other – See Remarks
Yes

Present Zoning

Commercial
Yes

Utilities

Public Sewer – Connected
Yes
Water Connected
Yes

Sale Type

As Is
Yes

Business/Property

Furnished – None
Yes

Floors in Unit/Home

One
Yes

Heating/Cooling

AC – Central
Yes
Heat – Central Electric
Yes

Offering Type

Sale Only
Yes

Pricing Type

Sale Price
Yes

Site Description

Flood Plain
Yes

Transport. Access

4-Lane
Yes
Divided Highway
Yes

Property Features

Energy: AC – Central Elect Financing: Cash; Other – See Remarks Offering Type: Sale Only Pricing Type: Sale Price Present Zoning: Commercial Sale Type: As Is Site Description: Flood Plain Utilities: Public Sewer – Connected; Water Connected
Listing Office: Keller Williams Success Realty
Last Updated: April – 16 – 2026
Information deemed reliable but not guaranteed.