2016 Thomas Drive, Panama City Beach, FL 32408
$700,000
Property Type:
Commercial for Sale
Square Footage:
3,236
Lot Size (sq. ft.):
26,572
Status:
Sold
Current Price:
$765,000
List Date:
7/17/2023
Last Modified:
5/22/2025
Description
Excellent Commercial location in Thomas Drive retail and commercial heart. This corridor is seeing active development and is densely populated. The property has excellent parking and has a lot in the back for additional parking or addition.The property was previously used as a restaurant prior to its current retail use. Back lot is currently being leased. Property is zoned C-3 and in unincorporated Bay County. This sale is one of several stores being sold on the beach.
More Information MLS# 743617
Contract Info
List Price/SqFt: 236.4
List Date: 2023-07-06
List Price: $765,000
Current Price: $700,000
Sub-Type: Retail
Location
Sub Area: 0319 – Beach – East
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: SW Corner of Thomas Dr and Summer Oak
Area: 03 – Bay County – Beach
Street #: 2016
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 30152-110-000
Legal Description: 4 4S 15W -1.110- 69B BEG 649.67’S & 1222.07′ E & 827.01′ SE OF NW COR OF GOVT LOT 2 TH SELY 82.98′ W 300′ N 93.07′ SELY 275.91′ TO POB (CONT. .6 ACRES M/L) AKA LOT 6 SUMMER OAK PLAZA ORB 4076 P 1269
General Property Info
List Class: Commercial
Acreage: 0.61
Immediate Occupancy: No
Construction Status: Construction Complete
SqFt Unit: 3236
SqFt HVAC: 2040
SqFt Tot Bldg: 3236
Year Built: 1986
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Excellent Commercial location in Thomas Drive retail and commercial heart. This corridor is seeing active development and is densely populated. The property has excellent parking and has a lot in the back for additional parking or addition.The property was previously used as a restaurant prior to its current retail use. Back lot is currently being leased. Property is zoned C-3 and in unincorporated Bay County. This sale is one of several stores being sold on the beach.
Status Change Info
Sold Price/SqFt: 216.32
Sold Price/Acre: 1147540.98
Status: Sold
Under Contract Date: 2023-07-18
Sold Date: 2023-09-13
Sold Price: $700,000
Construction/Siding
Block: 1
Energy
AC – Central Elect: 1
Heat – Central Electric: 1
Financing
Cash: 1
Conventional: 1
Seller Financing: 1
Present Zoning
Commercial: 1
County: 1
Utilities
Public Sewer – Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Floors in Unit/Home
One: 1
Offering Type
Sale or Lease: 1
Sale Only: 1
Transport. Access
4-Lane: 1
Center Turn Lane: 1
Property Features
Energy: AC – Central Elect; Heat – Central Electric
Financing: Cash; Conventional; Seller Financing
Offering Type: Sale or Lease; Sale Only
Present Zoning: Commercial; County
Sale Type: As Is
Utilities: Public Sewer – Connected; Water Connected
Listing Office:
Nations Real Estate, Inc
Last Updated: May – 22 – 2025
Information deemed reliable but not guaranteed.