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2822 Martin Luther King Jr Blvd 3.4 Acres of Commercial Land Offered at $2,110,500 CAD in Panama City, FL 32405

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Investment Highlights

Situated on Highway 77 (Martin Luther King Jr. Boulevard), one of Panama City’s primary north-south corridors.
Strong consumer traffic generated by nearby neighborhoods, businesses, and regional destinations.
Exposure to approximately 30,000 vehicles per day (FDOT traffic count data).

Convenient access to downtown Panama City and surrounding commercial districts.
Easy connectivity to Panama City Beach, Bay County employment centers, and major transportation routes.
Rare dual-access configuration featuring a median-cut entry.

Executive Summary

Located along one of Panama City’s most heavily traveled commercial corridors, 2822 Martin Luther King Jr. Boulevard offers a prime 3.4-acre development opportunity with outstanding visibility, accessibility, and growth potential. This shovel-ready site features approximately 220 feet of frontage on Highway 77, a major four-lane arterial carrying approximately 30,000 vehicles per day according to FDOT traffic count data. The property's rare dual-access configuration includes a valuable median-cut entry, providing convenient ingress and egress for both northbound and southbound traffic and enhancing its appeal for a wide range of commercial users.
The site is ideally positioned to capitalize on continued residential and commercial growth throughout Panama City and Bay County. With strong traffic exposure, excellent accessibility, and development-ready characteristics, the property is well suited for retail, restaurant, medical, automotive, hospitality, professional office, or mixed-use development. Its prominent highway presence creates a significant opportunity for businesses seeking maximum visibility in a rapidly expanding market.

Property Facts

Price	$2,110,500 CAD	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Total Lot Size	3.40 AC

Price	$2,110,500 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	3.40 AC

1 Lot Available

Lot

Price	$2,110,500 CAD	Lot Size	3.40 AC
Price Per AC	$620,735.27 CAD

Price	$2,110,500 CAD
Price Per AC	$620,735.27 CAD
Lot Size	3.40 AC

Level; shovel ready

Description

Panama City serves as the economic hub of Bay County and benefits from a growing population, expanding tourism industry, and continued investment throughout the region. The property's location along Highway 77 provides convenient connectivity to downtown Panama City, Panama City Beach, major residential communities, retail destinations, and regional employment centers. The combination of high traffic counts, strategic positioning, and development-ready status makes this a compelling opportunity for developers, investors, and owner-users seeking a premier commercial site in Northwest Florida.

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