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Harrison Lilly

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

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3407 S Highway 77 , Panama City, FL 32405
$2,495,000
Est. Payment: $12,654.17/mo
0 Bed
0 Bath
7200 Sqft
Status: active | Days on site: 1513
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House 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.

Highlights

Listed by Christine Lance , 850-258-2544 Keller Williams Success Realty , 850-249-0313. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
4.2

Year Built

1985

County

Bay

Area

02 - Bay County - Central

Neighborhood

St Andrews Bay Dev Cmp

Listing ID

728820

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:Flood Zone
Zoning:Commercial
Sewer:Public Sewer
Principal Interest
$12,654
Taxes
$1,591

Home Price

$2,495,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$499,000
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:
$12,654.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,654.17 $1,590.56 $0.00 $14,244.73
Yearly $151,850.03 $19,086.75 $0.00 $170,936.78
Total $4,555,500.93 $572,602.50 $0.00 $5,128,103.43

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS