13919 Highway 77Southport, FL 32409

Property Details for 13919 Highway 77

Year built

2001

Construction

STEEL FRAME

Lot size

1.24 AC

Property size (Sq ft)

4,814 SF

Zone code

BC05

Property type

Retail properties

Property subtype

Turn key restaurants

APN

26436-010-110

APU

26436010110

Description

This exceptional commercial property, located at 13919 Hwy 77 in Southport, Florida, presents a significant investment opportunity. The property boasts a substantial 4,814 square feet of space within a durable metal/steel building constructed in 2001. Situated on a generous 1.24-acre lot (54,014.4 sq ft), this location benefits from exceptional visibility and accessibility on Hwy 77. The high-traffic area sees over 15,000 vehicles daily, a number that continues to increase yearly, ensuring significant exposure for any business. This presents a rare chance to capitalize on the robust commercial growth experienced in North Bay County, attracting new businesses and residents. The property's strategic location and substantial size make it ideal for a variety of commercial uses. The asking price for this prime commercial real estate is $800,000. This is a turnkey opportunity to establish or expand a business in a thriving area. Don't miss this chance to own a piece of Southport's burgeoning commercial landscape. The property is zoned for commercial use in Bay County, Florida, zip code 32409.

• CAP approach

  CAP return

  Valuation

  6%

  $984,863

  6.5%

  $909,104

  7%

  $844,168

• Comparable approach

  Method

  Valuation

  Relative Method

  $862,413

  Geo Method

  $862,413

• Alternative Use

  Use

  Valuation

  Residential

  $766,863

  Hospitality

  $702,443

  Educational

  $584,424

  Medical

  $604,523

  Retail

  $909,104

Location Insight

City

Southport

County

Bay

State

Florida

Latitude

30.4033

Longitude

-85.6905

CBSA code

37460

CBSA name

PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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