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3407 Highway 77
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PRICED AT ONLY: $1,400,000

Address: 3407 Highway 77, Panama City, FL 32405

Description

Desirable 2.1 acre property located on busy Hwy 77 in Panama City. This is being carved out of an original 4.2 acre property shown in the photos. 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 one metal 60' x 60' retail building complete with finished interior space and covered warehouse storage. The building being sold is the one of the South side of the property or on the right in the photos. There is parking at the front of the building and an easement will be given to use the driveway to the other building. 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. The retail business is not for sale only the building and property. The business onsite is in a month to month lease. Please don't disturb the 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 exterior 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 City of Lynn Haven.

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  • MLS#: 752649 ( CommercialSale )
  • Street Address: 3407 Highway 77
  • Viewed: 25
  • Price: $1,400,000
  • Price sqft: $389
  • Waterfront: No
  • Year Built: 1985
  • Bldg sqft: 3600
  • Days On Market: 334
  • Acreage: 2.10 acres

Description

Desirable 2.1 acre property located on busy Hwy 77 in Panama City. This is being carved out of an original 4.2 acre property shown in the photos. 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 one metal 60' x 60' retail building complete with finished interior space and covered warehouse storage. The building being sold is the one of the South side of the property or on the right in the photos. There is parking at the front of the building and an easement will be given to use the driveway to the other building. 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. The retail business is not for sale only the building and property. The business onsite is in a month to month lease. Please don't disturb the 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 exterior 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 City of Lynn Haven.
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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: 25
Nearby Subdivisions
[no Recorded Subdiv]   Cedar Grove Commerce Park   Chandlee 3rd Add   Coastal Lands 1st Add   Forest Park 1st Add   Gulf Coast Medical Plaza   No Named Subdivision   St Andrews Bay Dev Cmp  
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