2822 Martin Luther King Jr Blvd Avenue
Panama City, FL 32405
3.40Acres(Lot)
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 s
Property Details
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Features
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Lot Information
Main Square Feet: 3.4 Lot Size Acres: 3.4 Lot Size Square Feet: 148,104Property Information
Subdivision: [No Recorded Subdiv] Source Property Type: Land MLS Area Minor: 0201 - Bay - Central NE Zoning Description: County Property SubType: Commercial
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Listing Price Information
Listing Price: $1500000
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Tax Information
Parcel Number: 12865-010-000 Tax Legal Desc: 28 3S 14W -8.16- 104B ST AND BAY DEV CO PLAT LOT 45 LESS E 50' FOR RD R/W & LESS PCL -8.2- ORB 4729 P 1965
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Utility Information
SewerAvailable -
Location Information
Direction: On Highway 77
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3209 E Highway 390, Panama City, FL, 32405 | $850,000 | -- | -- | -- | 9.37 Acres(Lot) |
| 1525 Everitt Avenue, Panama City, FL, 32405 | $825,000 | -- | -- | -- | 2.48 Acres(Lot) |
| 2823 E 17th Street, Panama City, FL, 32405 | $65,000 | -- | -- | -- | 0.14 Acre(Lot) |
| 4604 Britton Road, Panama City, FL, 32405 | $339,000 | -- | -- | -- | 3.77 Acres(Lot) |
| 2629 E 15th Street, Panama City, FL, 32405 | $1,295,000 | -- | -- | -- | 2.24 Acres(Lot) |
| 2367 N Sherman Avenue, Panama City, FL, 32405 | $230,000 | -- | -- | -- | 1.02 Acres(Lot) |
| 3747 Greentree Place, Panama City, FL, 32405 | $70,000 | -- | -- | -- | 0.36 Acre(Lot) |
| 2515 E 15th Street, Panama City, FL, 32405 | $1,825,000 | -- | -- | -- | 4.50 Acres(Lot) |
| TBD Sherman Ave Avenue, Panama City, FL, 32405 | $350,000 | -- | -- | -- | 1.74 Acres(Lot) |
| 2439 Game Farm Road, Panama City, FL, 32405 | $75,000 | -- | -- | -- | 0.52 Acre(Lot) |
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ByOwner last updated this listing 07/12/2026 @ 19:53
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