5 acre Commercial Land | Panama City, FL 32409 | Bay County

Highlights:

• Prime Location: 5-acre commercial lot on SR 77 in Bay County, FL
• High Visibility: Frontage on a four-lane highway with 15,700 Average Daily Traffic
• Flexible Zoning: C-3 – allows RV/boat storage, retail, service businesses, offices, general commercial buildings, etc.
• Utilities: Power available at lot line, water nearby (no tap), septic system required
• Site Features: High & dry, approx. 50 truckloads of clean fill dirt added; partially wooded
• Development Ready: Boundary survey & conceptual site plans for RV/boat storage included
• Growth Corridor: Surrounded by residential communities & commercial projects
• Nearby Development: Conceptual Publix planned on adjacent 16 acres (mostly wetlands)
• Access: Direct ingress/egress to SR 77, easy customer and delivery access

Description:

Address: 12135 HIGHWAY 77, Panama City FL 32409
County: Bay County
Zoning: C-3
Parcel ID: 07551-130-000
Land size (acre): 5
Land size (sqft): 217,800
Land use: Commercial Vacant Land
Wetlands: No
Flood zone: No
Road Access: Yes

Google Maps Link: https://maps.app.goo.gl/R9Aa825Ey5bY6sWx8

Asking price: $1,000,000 with OWNER FINANCING option
Down Payment: $190,000 (due at closing)
Note: $810,000
Payments to Seller: $4,225.3/month $50,704.1/year
Interest Rate: 4.75% with a 7-year balloon
Amortization period: 30 Years
No prepayment Penalty


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Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.

We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.

All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

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