8416 Thomas Drive, Panama City, FL 32408

$1,300,000
Property Type: Commercial for Sale Square Footage: 3,600 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $1,300,000 List Date: 2/12/2026 Last Modified: 2/12/2026

Overview

Description

Incredible investment opportunity! Excellent location for flex space. The interior of the property boasts 3 offices, a lobby/reception area, kitchen and bath as well as approx 2,500 sqft of warehouse space with two 10×10 bay doors. The exterior boasts a fended in lay down yard and Thomas Drive frontage. Currently occupied by a general contractor tenant with income of $6,500/month NNN. Present lease term ends at the end of 2026. Great opportunity for retail, auto repair, contractors and more. Rare find in a location like this!

Listing Details MLS# 785151

Contract Info

List Price/SqFt
361.11
Sub-Type
Auto Repair

Location

Area
03 – Bay County – Beach
Street #
8416
Street Name
Thomas
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Bel Air
Community/Resort
Bel Air
Waterfront
No
Parcel ID
30327-000-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
Front Beach Road head west on Thomas Drive. Property will be on the north side of Thomas Drive just west of Ocean Street and before Joan Avenue.
Legal Description
BEL AIR LOTS 29 & 30 BLK 8 ORB 4663 P 1134

General Property Info

List Class
Commercial
Construction Status
Construction Complete
Acreage
0.29
SqFt Tot Bldg
3600
Year Built
1983

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
Incredible investment opportunity! Excellent location for flex space. The interior of the property boasts 3 offices, a lobby/reception area, kitchen and bath as well as approx 2,500 sqft of warehouse space with two 10×10 bay doors. The exterior boasts a fended in lay down yard and Thomas Drive frontage. Currently occupied by a general contractor tenant with income of $6,500/month NNN. Present lease term ends at the end of 2026. Great opportunity for retail, auto repair, contractors and more. Rare find in a location like this!

More Information

Financing

Cash
Yes
Conventional
Yes

Utilities

All Utilities
Yes

Floors in Unit/Home

One
Yes

Property Features

Financing: Cash; Conventional Utilities: All Utilities
Listing Office: CENTURY 21 Commander Realty
Last Updated: February – 12 – 2026
Information deemed reliable but not guaranteed.