0 Thomas Drive, Panama City Beach, FL 32408 (MLS# 773145)

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

Overview

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)

Listing Details MLS# 773145

Location, Tax & Legal

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
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

Contract Info

List Price/Acre: 671641.79
Sub-Type: Land/Acres
List Type: Exclusive Right of Sale
Named Exception: No

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: Yes

More Information

TransportationAccess

Divided Highway: Yes

Property Features

TransportationAccess: Divided Highway Utilities: Other – See Remarks

Listing Office: NAI TALCOR

Last Updated: December – 02 – 2025

Information deemed reliable but not guaranteed.