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Property Description
PRIME COMMERCIAL OPPORTUNITY! This exceptional property boasts 1.14 acres of prime commercial land situated on the bustling Highway 390, one of the area's most sought after commercial corridors. Currently located within Panama City limits, this property offers the unique potential to be annexed into the neighboring city of Lynn Haven. The expansive layout spans over 3,000 square feet. The location offers unmatched visibility and high traffic flow, making it ideal for a wide range of business opportunities. Whether you are envisioning retail, office , medical, or mixed-use development, this property provides the space and potential to bring your vision to life. With the area's rapid growth and increasing demand, this is a rare opportunity to secure a strategic location in one of Bay County's thriving commercial hubs. Don't miss your chance to capitalize on this outstanding investment.( All measurements are apx and should be verified by buyer)
Full Property Details
Full Property Details for 2742 E 390 Hwy
General
- Price: $799,500
- Status: Active
- Type: Commercial
- Source: Bay_County
- MLS ID: 767188
- Updated: 1/15/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Tile
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Head north on Highway 77, turn east onto Highway 390, property is on the right, passed Highway 389 and before Transmitter.
School Information
- Elementary School: Deer Point
- Middle School: Mowat
- High School: Mosley
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s)
Utilities
- Utility Description: Sewer Available
Structural Information
- Year Built: 1990
Lot Features
- Property View: Pond
- Lot Size (Acres): 1.14
- Lot Size (Sq. Ft.): 49,658.4
- Lot Size: 1.14
- Zoning: Commercial
Water Features
- Water Front: Yes
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: ORB 4443 P 1064 14 3S 14W -5.25- ST A B DEV CO PLAT THE EAST 136.79' OF LOT 8 LESS HWY 390 R/W
- Property ID: 11523-045-000
Listed by CENTURY 21 Commander Realty
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Schools
Schools serving 2742 E 390 Hwy
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Deer Point Elementary School 4800 Highway 2321, Panama City, FL 32404 | K-5 | 2.5 mi |
Mowat Middle School 1903 County Road 390, Lynn Haven, FL 32444 | 6-8 | 0.6 mi |
A. Crawford Mosley High School 501 Mosley Drive, Lynn Haven, FL 32444 | 9-12 | 2 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 2742 E 390 Hwy
Date
Details
Price
Change
Source
1/13/2025
Listed
$799,500
—
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 2742 E 390 Hwy
2742 E 390 Highway, Panama City, FL 32405 (MLS# 767188) is a Commercial property. 2742 E 390 Highway is currently listed for $799,500 and was received on January 15, 2026. Want to learn more about 2742 E 390 Highway? Do you have questions about finding other Commercial 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.

