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$350,000 Just Listed
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Property Description
2531 Highway 77 is a +/-3.83ac commercial site that is proximate to the commercial amenities in Panama City. Located on Highway 77 this site is situated between the two largest interchanges in the market - 23rd Street and Baldwin Road. The raw acreage has utilities available to the site and sufficient storm water capacity already in place. Surrounded by new development, this site benefits from the expanding commercial market in Panama City.
Full Property Details
Full Property Details for 2531 Martin Luther King Jr
General
- Price: $350,000
- Status: Active
- Type: Commercial Investment
- Source: Bay_County
- MLS ID: 784517
- Updated: 2/2/2026
- Added to Site: 2 day(s) ago
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: Located on the Western side of Highway 77 across from Planet Fitness / Kohls
School Information
- Elementary School: Hiland Park
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Lot Features
- Lot Size (Acres): 3.83
- Lot Size (Sq. Ft.): 166,834.8
- Lot Size: 3.83
Disclosures and Reports
- Legal Description: 28 3S 14W -1.5C- 104B ST AND BAY DEV CO PLAT LOT 85 LESS SR #77 R/W **AND** PT OF LOT 76 DESC AS:BEG AT SE COR OF LOT 76 TH NELY 21' WLY 400.22' NLY 160' W 260.54' SLY 181' E 660' TO POB SUBJ TO ING/EG ESMT **LESS -1.5A- & -1.5D- ORB 4554 P 311
- Property ID: 12855-005-015
Listed by Nai Talcor
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Schools
Schools serving 2531 Martin Luther King Jr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hiland Park Elementary School 2507 East Baldwin Road, Panama City, FL 32405 | K-5 | 1.4 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2531 Martin Luther King Jr
Date
Details
Price
Change
Source
2/02/2026
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2531 Martin Luther King Jr
2531 Martin Luther King Jr, Panama City, FL 32405 (MLS# 784517) is a Commercial Investment property. 2531 Martin Luther King Jr is currently listed for $350,000 and was received on February 02, 2026. Want to learn more about 2531 Martin Luther King Jr? Do you have questions about finding other Commercial Investment real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

