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
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!
More Information MLS# 785151
Contract Info
List Price/SqFt: 361.11
List Date: 2026-02-12
List Price: $1,300,000
Current Price: $1,300,000
Sub-Type: Auto Repair
Location
Sub Area: 0323 – Beach – South of Grand Lagoon
Community/Resort: Bel Air
Waterfront: No
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.
Area: 03 – Bay County – Beach
Street #: 8416
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Bel Air
Parcel ID: 30327-000-000
Legal Description: BEL AIR LOTS 29 & 30 BLK 8 ORB 4663 P 1134
General Property Info
List Class: Commercial
Acreage: 0.29
Construction Status: Construction Complete
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!
Financing
Cash: 1
Conventional: 1
Utilities
All Utilities: 1
Floors in Unit/Home
One: 1
Status Change Info
Status: Active
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.