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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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2742 E Highway 390 , Panama City, FL 32405
$749,499
Est. Payment: $4,140.87/mo
4930 Sqft
1.13 Acres
Status: Active | Days on site: 10
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Harrison Lilly Team
Owner/Operator

House Description

Exceptional opportunity for a new business venture, investment, or expansion of an existing operation! Situated on approximately 1.14 acres with an estimated 2025 traffic count of approximately 15,774, this highly visible property offers excellent exposure, flexibility, and a strategic location for a variety of potential commercial uses. The property is currently zoned C-1 Neighborhood Commercial with a Future Land Use designation of General Commercial (GCOM/GENCOM). Bay County's C-1 zoning provides for lower-intensity commercial uses serving surrounding areas, with allowable uses including certain retail, food service establishments, pharmacies, day care centers, florist/flower shops, clothing/novelty shops, convenience stores, and other uses as provided by Bay County regulations. The General Commercial Future Land Use designation adds another important consideration for an investor or business owner evaluating the property's long-term potential. Prospective buyers should consult Bay County regarding zoning, development requirements, and approval of any intended use. The structure offers approximately 3,137 square feet of heated and cooled space, providing numerous possibilities for commercial use. Select listing photos have been virtually staged to illustrate one possible medical or professional office configuration; however, the property is not limited to the uses depicted. The flexible interior layout provides an opportunity to customize the space to suit a buyer's specific business needs, subject to applicable approvals. Outside, the property offers additional advantages rarely found with a typical commercial space. The front provides potential for expanded parking, while the rear is enclosed by attractive white vinyl privacy fencing and offers an expansive area that could be utilized for company gatherings, employee breaks, outdoor entertaining, or other approved uses. The pond creates a distinctive backdrop, offering an attractive setting for employees, clients, and visitors. Additional features include an attached three-car garage offering valuable parking or storage space, oversized existing concrete parking, a durable metal roof, private well, septic system, and public sewer available roadside. Property is located in Flood Zone X. With approximately 4,930 total square feet, 1.14 acres, high visibility, commercial zoning, General Commercial Future Land Use, and room to adapt both the interior and exterior spaces, this property presents an exceptional opportunity for an owner-user or investor seeking maximum exposure and long-term potential. Buyer to verify traffic count, zoning, Future Land Use designation, allowable and conditional uses, utility availability, parking requirements, development requirements, and intended use with Bay County and other appropriate authorities. Square footage and measurements are approximate. If measurements are deemed important, please verify.

Highlights

Listed by Tina Lamonica , 850-832-7162 Think Real Estate , 850-270-4200. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
1.13

Year Built

1990

County

Bay

Area

02 - Bay County - Central

Neighborhood

St A B Dev Co

Listing ID

795300

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Interior Features

Exterior Features

Principal Interest
$4,141
Taxes
$478

Home Price

$749,499

Loan Details

30 yrs
7.374%

Down Payment

20%
$149,900
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,140.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,140.87 $477.81 $0.00 $4,618.68
Yearly $49,690.49 $5,733.67 $0.00 $55,424.16
Total $1,490,714.65 $172,010.02 $0.00 $1,662,724.67

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T05:07:46.000Z

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