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0 Thomas Drive, Panama City Beach, FL 32408

$2,250,000
Property Type: Commercial Land Lot Size (sq. ft.): 145,926 Status: Active
Current Price: $2,250,000 List Date: 5/07/2025 Last Modified: 12/02/2025

Description

Prime commercial property available for sale on highly sought-after Thomas Drive! Spanning 3.35 acres with an impressive 676 feet of road frontage, this C-3 zoned site offers incredible visibility and accessibility. With a traffic count of 20,500 AADT, the location guarantees consistent exposure and a high level of footfall. Situated in close proximity to the beach and popular local restaurants, the property combines convenience with opportunity. A current survey is on hand, and the height restriction of 230 feet allows for significant development potential. There is a minor wetlands presence (+/-0.63ac), however all permits in hand to fill and proceed to development (see listing attachments). Also, preliminary engineering also in place for +18ksf of single story retail/restaurant/office space (2 +/-9ksf pads)

More Information MLS# 773145

Contract Info

List Price/Acre: 671641.79 List Type: Exclusive Right of Sale Named Exception: No List Date: 2025-05-01 List Price: $2,250,000 Current Price: $2,250,000 Sub-Type: Land/Acres

Location, Tax & Legal

Sub Area: 0319 - Beach - East Community/Resort: None Waterfront: No Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: Situated on the NE corner of Daniel St and Navy Blvd (also know as Thomas Drive) just before the North Lagoon Bridge. HOA Fee: No Street Name: Thomas Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Area: 03 - Bay County - Beach Subdivision: [No Recorded Subdiv] Parcel ID: 31142-050-000 Legal Description: PORT LAGOON (1.01E) 69C4 COM AT NE COR OF NW1/4 OF SE1/4 TH S608.96' FOR POB TH W 187.83' NW 89.23' N 108.85' W 44.88' SWLY 242.02' SELY 352.50' SELY 323.53' N 476.81' TO POB **** ALSO PRCL DESC AS STORMWATER EASEMENT BEING PART OF BLKS 1 & 2 ORB 426 5 P 618

General Property Info

Acreage: 3.35 Lot Size (SqFt): 145926 Is Subject Leased: No

Remarks & Misc

Remarks: Prime commercial property available for sale on highly sought-after Thomas Drive! Spanning 3.35 acres with an impressive 676 feet of road frontage, this C-3 zoned site offers incredible visibility and accessibility. With a traffic count of 20,500 AADT, the location guarantees consistent exposure and a high level of footfall. Situated in close proximity to the beach and popular local restaurants, the property combines convenience with opportunity. A current survey is on hand, and the height restriction of 230 feet allows for significant development potential. There is a minor wetlands presence (+/-0.63ac), however all permits in hand to fill and proceed to development (see listing attachments). Also, preliminary engineering also in place for +18ksf of single story retail/restaurant/office space (2 +/-9ksf pads)

Utilities

Other - See Remarks: 1

TransportationAccess

Divided Highway: 1

Status Change Info

Status: Active

Property Features

TransportationAccess: Divided Highway Utilities: Other - See Remarks
Listing Office: NAI TALCOR
Last Updated: December - 02 - 2025
Information deemed reliable but not guaranteed.