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Property Description
Exceptional opportunity for a new business venture, investment, or expansion of an existing operation! Situated on approximately 1.14 acres with an estimated 2025 traffic count of approximately 15,774, this highly visible property offers excellent exposure, flexibility, and a strategic location for a variety of potential commercial uses. The property is currently zoned C-1 Neighborhood Commercial with a Future Land Use designation of General Commercial (GCOM/GENCOM). Bay County's C-1 zoning provides for lower-intensity commercial uses serving surrounding areas, with allowable uses including certain retail, food service establishments, pharmacies, day care centers, florist/flower shops, clothing/novelty shops, convenience stores, and other uses as provided by Bay County regulations. The General Commercial Future Land Use designation adds another important consideration for an investor or business owner evaluating the property's long-term potential. Prospective buyers should consult Bay County regarding zoning, development requirements, and approval of any intended use. The structure offers approximately 3,067 square feet of heated and cooled space, providing numerous possibilities for commercial use. Select listing photos have been virtually staged to illustrate one possible medical or professional office configuration; however, the property is not limited to the uses depicted. The flexible interior layout provides an opportunity to customize the space to suit a buyer's specific business needs, subject to applicable approvals. Outside, the property offers additional advantages rarely found with a typical commercial space. The front provides potential for expanded parking, while the rear is enclosed by attractive white vinyl privacy fencing and offers an expansive area that could be utilized for company gatherings, employee breaks, outdoor entertaining, or other approved uses. The pond creates a distinctive backdrop, offering an attractive setting for employees, clients, and visitors. Additional features include an attached three-car garage offering valuable parking or storage space, oversized existing concrete parking, a durable metal roof, private well, septic system, and public sewer available roadside. Property is located in Flood Zone X. With approximately 4,930 total square feet, 1.14 acres, high visibility, commercial zoning, General Commercial Future Land Use, and room to adapt both the interior and exterior spaces, this property presents an exceptional opportunity for an owner-user or investor seeking maximum exposure and long-term potential. Buyer to verify traffic count, zoning, Future Land Use designation, allowable and conditional uses, utility availability, parking requirements, development requirements, and intended use with Bay County and other appropriate authorities. Square footage and measurements are approximate. If measurements are deemed important, please verify.
Full Property Details
Full Property Details for 2742 E Hwy 390
General
- Price: $749,499
- Status: Active
- Type: Commercial
- Source: Bay_County
- MLS ID: 795300
- Updated: 9/11/2026
- Added to Site: 1 day(s) ago
Location
- County: Bay
- Subdivision: St A B Dev Co
- Driving Directions: N on Hwy 77, east on Hwy 390, located on the right, between Hwy 389 and Transmitter.
School Information
- Elementary School: Deer Point
- Middle School: Mowat
- High School: Mosley
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Year Built: 1990
Lot Features
- Lot Size (Acres): 1.13
- Lot Size (Sq. Ft.): 49,222.8
- Lot Size: 1.13
Disclosures and Reports
- Legal Description: 14 3S 14W -5.25- ST A B DEV CO PLAT THE EAST 136.79' OF LOT 8 LESS HWY 390 R/W ORB 4443 P 1064
- Property ID: 11523-045-000
Listed by Think Real Estate
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Schools
Schools serving 2742 E Hwy 390
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2742 E Hwy 390
Date
Details
Price
Change
Source
9/11/2026
Listed
$749,499
145.74%
MLS
8/02/2021
Sold
$305,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2742 E Hwy 390
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,291
—
$311,276
3%
2024
$3,291
-14%
$302,503
-4%
2023
$3,848
64%
$314,877
36%
2021
$2,349
-25%
$231,848
-14%
2022
$3,143
34%
$268,755
74%
2021
$2,349
65%
$154,744
1%
2019
$1,420
-39%
$152,660
-32%
2018
$2,313
-1%
$224,196
1%
2017
$2,327
-4%
$221,792
-1%
2016
$2,421
-5%
$224,140
-1%
2015
$2,538
-14%
$226,510
2%
2014
$2,952
16%
$221,275
3%
2013
$2,541
—
$215,498
—
Disclaimer: Historical tax 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 Hwy 390
2742 E Highway 390, Panama City, FL 32405 (MLS# 795300) is a Commercial property. 2742 E Highway 390 is currently listed for $749,499 and was received on September 11, 2026. Want to learn more about 2742 E Highway 390? 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.

