Address
2822 Martin Luther King Jr Blvd Avenue, Panama City, FL
Price
$ 1,500,000
Property Attributes
- MLS#792429
- TypeCom Land
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- Neighborhood[No Recorded Subdiv]
- Zip32405
- Style
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.92 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Prime 3.4-acre development site boasting 220 feet of frontage on Highway 77, a major four-lane highway carrying approximately 30,000 vehicles per day (per FDOT traffic count data). This shovel-ready parcel offers rare dual access: a median-cut entry directly off Highway 77 for maximum visibility and customer convenience, plus secondary rear access from N MacArthur Ave for deliveries, overflow parking, or a secondary curb cut. Situated less than a mile from Panama City's primary retail corridor -- Target, Kohl's, Planet Fitness, Home Depot, Lowe's, Walmart, Publix, TJ Maxx, and Hobby Lobby -- this location benefits from established co-tenancy and heavy daily traffic. Ready to build, the site is ideal for retail, medical, restaurant, or mixed-use development. Don't miss this opportunity to secure a high-visibility Highway 77 location with strong frontage and excellent surrounding demographics. Power, Water, and Sewer Available.
| Price History | |
|---|---|
| 7/9/2026 | Listed $1,500,000 |
General Features
| Utilities | Sewer Available |
|---|---|
| Property Subtype | Commercial |
| County | Bay |
| Property Type | Land |
| HOA | false |
| Subdivision Name | [No Recorded Subdiv] |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | On Highway 77 |
| City | Panama City |
| Zoning Description | County |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 126977 |
| MLS Area Minor | 0201 - Bay - Central NE |
| Standard Status | Active |
| Property Sub Type Additional | Commercial |
Exterior Features
| Lot Size Area | 2.92 |
|---|---|
| Lot Size Acres | 2.92 |
| Road Surface Type | Paved |
| Road Frontage Type | Highway |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Com Land Average in 32405
Price
In The Neighborhood
Panama City Beach
$ 695,000
9909/9905 Florida 79
Panama City Beach, FL 32413
- Type
- Com Land
- Lot Size
- 1.78 Acres
Panama City Beach
$ 3,000,000
1616 Allison Avenue
Panama City Beach, FL 32407
- Type
- Com Land
- Lot Size
- 7.83 Acres
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
