$499,900
For Sale

6355 Highway 77

Chipley, FL 32428
Browse 22 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This unique property is a combination of commercial and residential that totals about 15.75 (+/-) acres. The total frontage of the newly completed section of 4-lane Highway 77 is approximately 550 feet for your business or businesses. The front 2 parcels facing Highway 77 is about 3.89 (+/-) acres. And part of it has a wood privacy fence around an open gravel base. The average traffic count is about 10,000 daily so it has excellent visibility and exposure. The rest of the front 2 parcels total about 3.66 (+/-) residential acres. Three of the 5 lots have waterfront on a shared lake with neighbors and can be accessed on Pine Ridge Drive behind the property. Highway 77 is designated by the state as a hurricane evacuation route and is being 4-laned all to the way to Interstate 10 in Chipley. Development has kicked into high gear in both commercial and residential properties. This package of commercial and residential properties present opportunities to be a part of the development surge. Also, multiple houses could be built on the properties off Pine Ridge Drive. A survey is available that includes all 5 parcels. The owner has begun the process of rezoning the back portions of the front 2 parcels on Highway 77 to commercial. After the rezoning the price will go up to $725,000 so investors can save money now. Owner might consider owner financing. Click on the 'Photos' tab to see all of the aerial photos. Then click on 'Details' to return to the main MLS information sheet.

  • Property Details
      • Lot DescriptionAdditional Land Available, Easement
      • Utility FeaturesElectricity Available
      • Subdivision[No Recorded Subdiv]
      • Elementary SchoolVernon Elementary
      • Sewer InformationSeptic Needed
      • Short SaleListed As Is
      • Utility SourceWell Needed
      • CountyWashington
      • Property SubtypeCommercial
      • Property TypePurchase
      • Original List Price$499,900
      • Middle SchoolVernon
      • High SchoolVernon
      • MLS #772428
      • Cost499900
      • MLS #772428
      • Days on Market (Cumulative)220
      • Acres15

Location

Roy FurstReal Estate Group
OR

Interested in Purchasing 6355 Highway 77?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00