6908 Thomas Drive, Panama City, FL 32408 (MLS# 795258)

6908 Thomas Drive, Panama City, FL 32408

New Listing

$1,900,000

Incredible building opportunity .54 acre across from beach.

Multiple Lots 4,5,20,21. Additional lots available for separate purchase.

Multiple Lots 4,5,20,21. with .54 of an acre. Additional lots available for separate purchase.

Property Type: Commercial for Sale Square Footage: 6,020 Lot Size (sq. ft.): 23,522 Status: Active

Current Price: $1,900,000 List Date: 9/10/2026 Last Modified: 9/10/2026

Overview

Description

Prime Commercial Opportunity – Gulf View Property on Thomas Drive | Zoned C-1. Attention Investors, Builders, and Entrepreneurs — this is the opportunity you've been waiting for! This rare .54-acre Gulf-view property is zoned C-1 Neighborhood Commercial, offering a wide range of development possibilities. Situated in the heart of Panama City Beach, just 800 feet from the Gulf of Mexico, the site features: • Four (4) separate lots totaling approximately 23,522 sq. ft., or .54 of an acre • 100 feet of frontage on Thomas Drive, extending 235 feet through to Beach Drive • Includes a building with approx. 6,985 sq. ft. and 3 upstairs office/storage rooms, and bathrooms. Property Features: • High visibility in a bustling area surrounded by high-rise condos, restaurants, public beach access, and major attractions • Previously operated as a bar/restaurant • Recent renovations include complete build-out and new HVAC system • On-site signage and real estate inclu … (Read more)

Listing Details MLS# 795258

Contract Info

List Price/SqFt: 315.61
Sub-Type: Retail

Location

Area: 03 – Bay County – Beach
Street #: 6908
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Block: R
Subdivision: Holiday Beach Unit 10
Community/Resort: Holiday Beach
Waterfront: No
Parcel ID: 30766-010-000
Section: 8
Township: 4s
Range: 15W
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Head east on Thomas Drive. When you get to Upas St. on the left, turn left and you can access the property shortly after on the right. If coming West on Thomas, you can turn right into the parking lot, right before Upas St.
Legal Description: Lot 4, 5, 20, 21, Block R, Holiday Beach Unit No. 10, according to the Plat thereof, recorded in Plat Book 10,Page(s) 90, of the Public Records of Bay County, Florida.

General Property Info

List Class: Retail Store
Immediate Occupancy: Yes
Construction Status: Construction Complete
Site Dimensions: 100.0 ft x 125.0 ft
Acreage: 0.54
Frontage Ft: 100
Lot Depth: 125
Lot SqFt: 23505
SqFt HVAC: 6020
SqFt Tot Bldg: 6020
Year Built: 1979

Retail

Building SqFt: 6020

More Information

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Prime Commercial Opportunity – Gulf View Property on Thomas Drive | Zoned C-1. Attention Investors, Builders, and Entrepreneurs — this is the opportunity you've been waiting for! This rare .54-acre Gulf-view property is zoned C-1 Neighborhood Commercial, offering a wide range of development possibilities. Situated in the heart of Panama City Beach, just 800 feet from the Gulf of Mexico, the site features: • Four (4) separate lots totaling approximately 23,522 sq. ft., or .54 of an acre • 100 feet of frontage on Thomas Drive, extending 235 feet through to Beach Drive • Includes a building with approx. 6,985 sq. ft. and 3 upstairs office/storage rooms, and bathrooms. Property Features: • High visibility in a bustling area surrounded by high-rise condos, restaurants, public beach access, and major attractions • Previously operated as a bar/restaurant • Recent renovations include complete build-out and new HVAC system • On-site signage and real estate included • Inventory available for purchase if buyer wishes to maintain existing store/business • Not in a flood zone — despite being just steps from the Gulf! Zoning & Development Details: • C-1 Zoning allows for commercial, mixed-use, or multifamily development • Density: Up to 15 units per acre • Maximum Building Height: 35 feet • Impervious Surface Ratio: 60% • Floor Area Ratio: 100% • Setbacks: 20 ft front/rear, 5 ft sides • Minimum Lot Frontage: 70 ft Whether you're looking to develop multi-family units, open a thriving new business, or hold a valuable asset in one of the most sought-after areas of Panama City Beach, this property checks every box. Don't miss out on this exceptional investment. Schedule your private showing today — before someone else turns your vision into their reality. All measurements, zoning allowances, and property details to be verified by buyer through personal or professional inspection.

Office/Member Info

Seller Concessioins: No

Construction/Siding

Clearance Height 18+ Ft: Yes
Floor – Concrete: Yes

Energy

AC – Central Elect: Yes
Heat – Central Electric: Yes
Water Heater – Electric: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Waterview

Gulf: Yes

Sale Type

As Is: Yes

Business/Property

Display Windows: Yes
Freestanding Building: Yes
Office Area: Yes
Restrooms – Public: Yes
Sign: Yes
Other – See Remarks: Yes

Floors in Unit/Home

Two: Yes

Heating/Cooling

AC – Central: Yes
AC – HVAC: Yes
AC – Office: Yes
Heat – Central Electric: Yes
Heat – Office: Yes

Offering Type

Real Estate: Yes
Other – See Remarks: Yes

Site Description

Aerials Available: Yes
Cleared: Yes
Level: Yes

Property Features

Energy: AC – Central Elect; Heat – Central Electric; Water Heater – Electric Offering Type: Real Estate; Other – See Remarks Sale Type: As Is Site Description: Aerials Available; Cleared; Level Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected Waterview: Gulf

Listing Office: Own It Real Estate LLC

Last Updated: September – 10 – 2026

Information deemed reliable but not guaranteed.