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Mixed-Use Land for Sale in Panama City, Florida

2822 Martin Luther King JR Blvd Ave, Panama City, FL 32405

$1,500,000
3.4 acres
Active sale
ago
Est $11,062/mo

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.

Location

Street address
2822 Martin Luther King JR Blvd Ave
Zip code
32405
Elevation
49 feet
Coordinates
30.1992, -85.6494

Property details

Acreage
3.4 acres
Zoning
County
MLS #
BCAR 792429
Posted

Parcels

  • 12865-010-000

Legal description

Listing history

DateEventPriceChangeSource
July 9, 2026New listing$1,500,000BCAR
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This 3.4-acre property is located at 2822 Martin Luther King JR Blvd Ave in Panama City, FL 32405. The land is available for sale, priced at $1,500,000 — $441,176 per acre.

Listed by Think Real Estate, (850) 890-6262

Checked 1 hour agoUpdated Source

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