9823 Thomas Drive, Panama City Beach, FL 32408
New Listing
$950,000
Property Type:
Commercial Land
Lot Size (sq. ft.):
24,394
Status:
Active
Current Price:
$950,000
List Date:
6/23/2026
Last Modified:
6/23/2026
Overview
Description
…
(Read more)
🚨 PRIME COMMERCIAL LOT IN THE HEART OF PANAMA CITY BEACH 🚨
High-Traffic Location | Tourism Corridor | Development Opportunity
Position your business in one of the most traveled and recognized tourist destinations on the Gulf Coast.
This highly visible commercial parcel sits directly in the center of Panama City Beach’s entertainment and tourism district, surrounded by major attractions, restaurants, hotels, and year-round visitor traffic.
Property Highlights
✅ Daily Traffic Counts of Approximately 19,000 Vehicles
✅ Located Across from Ripley’s Believe It or Not! and WonderWorks
✅ Minutes from Beaches, Resorts, Restaurants, and Entertainment Venues
✅ 90 Feet of Frontage on Thomas Drive
✅ Approximately 0.57 Acres
✅ Commercial Zoning
✅ Utilities Available
✅ City Road Access
✅ Exceptional Visibility for New Business Development
Ideal Uses
• Retail Center
• Restaurant or Café
• Entertainment Venue
• Tourism-Focused Business
• Medical or Professional Offices
• Service-Based Business
• Mixed Commercial Development
Investor Opportunity
The property line extends beyond the existing rear fence, creating additional development flexibility and future income potential. There may also be opportunities associated with the adjacent building area, offering added value for investors and developers seeking a strategic PCB location.
With tourism continuing to drive growth in Panama City Beach, opportunities to acquire commercially positioned land in this corridor are becoming increasingly limited.
📈 Build where customers already are.
Listing Details MLS# 791754
Location, Tax & Legal
- Street #
- 9823
- Street Name
- Thomas
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32408
- County
- Bay
- Area
- 03 – Bay County – Beach
- Subdivision
- No Named Subdivision
- Parcel ID
- 34859-000-000
- Legal Description
- 36 3S 16W-46-47D4- BEG SW COR OF SE1/4 OF SE1/4 N 300' M/L TO S.R. 392 E 90' ON 392S TO S LINE SEC W TO BEG ORB 861 P 882 ORB 4137 P 2220
- Sub Area
- 0323 – Beach – South of Grand Lagoon
- Community/Resort
- None
- Waterfront
- No
- Elementary School
- Breakfast Point
- Middle School
- Breakfast Point
- High School
- Arnold
- Directions
- west on front beach rd left on Thomas dr, property will be on your right across from Ripleys believe it or not
- HOA Fee
- No
Contract Info
- List Price/Acre
- 1666666.67
- Sub-Type
- Unimproved Commercial
- List Type
- Exclusive Right of Sale
- Named Exception
- No
General Property Info
- Site Dimensions
- 90.0 ft x 275.0 ft
- Acreage
- 0.57
- Lot Size (SqFt)
- 24394
- Is Subject Leased
- No
Remarks & Misc
- Remarks
- 🚨 PRIME COMMERCIAL LOT IN THE HEART OF PANAMA CITY BEACH 🚨 High-Traffic Location | Tourism Corridor | Development Opportunity Position your business in one of the most traveled and recognized tourist destinations on the Gulf Coast. This highly visible commercial parcel sits directly in the center of Panama City Beach's entertainment and tourism district, surrounded by major attractions, restaurants, hotels, and year-round visitor traffic. Property Highlights ✅ Daily Traffic Counts of Approximately 19,000 Vehicles ✅ Located Across from Ripley's Believe It or Not! and WonderWorks ✅ Minutes from Beaches, Resorts, Restaurants, and Entertainment Venues ✅ 90 Feet of Frontage on Thomas Drive ✅ Approximately 0.57 Acres ✅ Commercial Zoning ✅ Utilities Available ✅ City Road Access ✅ Exceptional Visibility for New Business Development Ideal Uses • Retail Center • Restaurant or Café • Entertainment Venue • Tourism-Focused Business • Medical or Professional Offices • Service-Based Business • Mixed Commercial Development Investor Opportunity The property line extends beyond the existing rear fence, creating additional development flexibility and future income potential. There may also be opportunities associated with the adjacent building area, offering added value for investors and developers seeking a strategic PCB location. With tourism continuing to drive growth in Panama City Beach, opportunities to acquire commercially positioned land in this corridor are becoming increasingly limited. 📈 Build where customers already are.
Other Structures
- Storage
- Yes
- See Remarks
- Yes
More Information
Financing
- Cash
- Yes
- Conventional
- Yes
Utilities
- Natural Gas – Available
- Yes
- Public Sewer – Connected
- Yes
- Sewer Available
- Yes
- Water Connected
- Yes
- Water Available
- Yes
TransportationAccess
- 2 – Lane
- Yes
- City Road
- Yes
- Paved
- Yes
Property Features
TransportationAccess:
2 – Lane; City Road; Paved
Financing:
Cash; Conventional
Other Structures:
Storage; See Remarks
Utilities:
Natural Gas – Available; Public Sewer – Connected; Water Connected; Sewer Available; Water Available
Listing Office:
World Impact Real Estate
Last Updated: June – 23 – 2026
Information deemed reliable but not guaranteed.