
Mixed-Use Land for Sale in Panama City, Florida
2822 Martin Luther King JR Blvd Ave, Panama City, FL 32405
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
- County
- Bay County
- Zip code
- 32405
- Elevation
- 49 feet
Property details
- Acreage
- 3.4 acres
- Zoning
- County
- MLS #
- BCAR 792429
- Posted
Parcels
- 12865-010-000
Legal description
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
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 9, 2026 | New listing | $1,500,000 | — | BCAR |












