6126 Thomas Drive, Panama City Beach, FL 32408
$1,220,000
Property Type:
Commercial for Sale
Square Footage:
10,612
Lot Size (sq. ft.):
33,106
Status:
Sold
Current Price:
$1,220,000
List Date:
11/11/2024
Last Modified:
3/31/2025
Listing Details MLS# 754973
Contract Info
- List Price/SqFt
- 141.26
- Sub-Type
- Other
Location
- Area
- 03 – Bay County – Beach
- Street #
- 6126
- Street Name
- Thomas
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32408
- County
- Bay
- Sub Area
- 0323 – Beach – South of Grand Lagoon
- Subdivision
- Crescent Beach Unit 1
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 30875-000-000
- Elementary School
- Patronis
- Middle School
- Surfside
- High School
- Arnold
- Directions
- Traveling South on Thomas Dr from 98. continue over the bridge after North lagoon intersection, at the next light make a right to stay on Thomas Dr in 1.1 Miles the property will be on the right.
- Legal Description
- CRESCENT BEACH UNIT #1 LOTS 3, 4, 5, 16, 17 & 18 BLK 15 ORB 4346 P 1185
General Property Info
- List Class
- Commercial
- Construction Status
- Construction Complete
- Acreage
- 0.76
- SqFt Tot Bldg
- 10612
- Year Built
- 1997
Status Change Info
- Under Contract Date
- 2025-02-27
- Sold Date
- 2025-03-31
- Sold Price/SqFt
- 114.96
- Sold Price/Acre
- 1605263.16
Listing Info, Tax and Legal
- HOA Fee
- No
Remarks & Misc
- Remarks
- Zoned C1 Bay County. Practically Brand New Commercial Investment situated in the bustling heart of Panama City Beach right across from the worlds most beautiful beaches now boasts 111 BRAND NEW Storage Units meticulously constructed with Spray Foam insulation. Commercial Space 100% Occupied at 54k in Gross Income, and Storage Units 100% Vacant awaiting a New Owner to fill them up. Expected Income on Storage Units at 100% Occupancy 90k a Year. Offering a blend of Indoor Climate Controlled Units, alongside Outdoor units, these spaces are primed for immediate rental, enabling you to tap into a lucrative stream of passive income. Nestled on Thomas Drive, a central location in Panama City Beach, this property includes two recently renovated Offices, ideal for accommodating your next tenant or for owner occupancy. With a suite of upgrades including a New Roof, Fresh Siding, Vibrant Paint, Secure Gates, state-of-the-art Storage Units featuring Spray Foam insulation, and a revitalized Landscape complete with a sprinkler system, this property stands as a Turn Key investment opportunity. This exceptional property seamlessly integrates practical design with operational efficiency. With ample parking space for 11 vehicles and a flexible layout housing 111 storage units alongside two fully functional commercial offices, this property caters to individuals with a discerning business acumen. Moreover, the potential of this commercial complex extends beyond its current offerings. Envision tailoring the property's features to suit your specific needs, whether it entails reconfiguring office spaces to align with your business model or capitalizing on the rental potential of the available storage units.
More Information
Office/Member Info
- Seller Concessioins
- No
Construction/Siding
- Roof – Metal
- Yes
- Siding – Stucco
- Yes
Energy
- AC – Central Elect
- Yes
Other Structures
- Storage
- Yes
Present Zoning
- Commercial
- Yes
Utilities
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Floors in Unit/Home
- One
- Yes
Heating/Cooling
- AC – Central
- Yes
- Heat – Central Electric
- Yes
Transport. Access
- 4-Lane
- Yes
- City Road
- Yes
- Paved
- Yes
Property Features
Energy:
AC – Central Elect
Other Structures:
Storage
Present Zoning:
Commercial
Utilities:
Public Sewer – Connected; Water Connected
Listing Office:
Think Real Estate
Last Updated: March – 31 – 2025
Information deemed reliable but not guaranteed.