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

🚨 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

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.