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 PROPERTY 3407 Highway 77, Panama City, FL 32405, MLS#728820 - CommercialSale
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Hardeep Kumar Yh

HR Moon Homes
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  4. 3407 Highway 77, Panama City, FL 32405
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3407 Highway 77
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PRICED AT ONLY: $2,495,000

Address: 3407 Highway 77, Panama City, FL 32405

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 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.

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  • MLS#: 728820 ( CommercialSale )
  • Street Address: 3407 Highway 77
  • Viewed: 184
  • Price: $2,495,000
  • Price sqft: $347
  • Waterfront: No
  • Year Built: 1985
  • Bldg sqft: 7200
  • Acreage: 4.20 acres

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 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.
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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
Utilities
  • Carport Spaces: 0.00
  • Sewer: PublicSewer
  • Utilities: SewerAvailable
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
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 11801-080-000
  • Possible Use: Commercial
  • The Range: 0.00
  • Views: 184
Nearby Subdivisions
[no Recorded Subdiv]   Bayview Add   Cedar Grove Commerce Park   Drummond Park 1st Add   Gulf Coast Medical Plaza   No Named Subdivision   St Andrews Bay Dev Cmp   St. Andrews Bay Dev. Co.  

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Hardeep Kumar Yh

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