9860 S Thomas Drive R-11, Panama City, FL 32408 (MLS# 779461)

9860 S Thomas Drive R-11, Panama City, FL 32408

$305,865

Property Type: Commercial for Sale Square Footage: 1,001 Status: Active

Current Price: $305,865 List Date: 9/23/2025 Last Modified: 7/12/2026

Overview

Description

OWNER FINANCING AVAILABLE. A rare opportunity to purchase a retail unit at Laketown Wharf currently established as a restaurant. Plenty of parking. This unit can also be retro fitted to use as any kind of retail business. There are two entrances one facing Thomas Drive and one facing the Lake. Laketown Wharf has over 700 residential units which provide on-site clients as well as thousands of short term vacation renters. The unit faces Thomas Drive and is located at one of the busiest intersections in Panama City Beach insuring unparalleled visibility.

Listing Details MLS# 779461

Contract Info

List Price/SqFt: 305.56
Sub-Type: Retail

Location

Area: 03 – Bay County – Beach
Street #: 9860
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: R-11
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Laketown Wharf
Community/Resort: None
Waterfront: No
Parcel ID: 40001-000-776
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Laketown Wharf is on the corner of Thomas Drive and Front Beach Road. The unit is located on the ground level towards the East Side of the build8ng facing Thomas Drive.
Legal Description: LAKETOWN WHARF RETAIL UNIT #11 ORB 2994 P 1890 971 TOTAL SF ORB 4584 P 224

General Property Info

List Class: Bar/Restaurant
Construction Status: Construction Complete
SqFt Tot Bldg: 1001
Year Built: 2007
Acreage: 0

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 2309.8
HOA Frequency: Quarterly

Remarks & Misc

Remarks: OWNER FINANCING AVAILABLE. A rare opportunity to purchase a retail unit at Laketown Wharf currently established as a restaurant. Plenty of parking. This unit can also be retro fitted to use as any kind of retail business. There are two entrances one facing Thomas Drive and one facing the Lake. Laketown Wharf has over 700 residential units which provide on-site clients as well as thousands of short term vacation renters. The unit faces Thomas Drive and is located at one of the busiest intersections in Panama City Beach insuring unparalleled visibility.

More Information

Association Fees Include

Accounting: Yes
Community Room: Yes
Exercise Room: Yes
Internet-WiFi: Yes
Legal: Yes
Management: Yes
Pest Control: Yes
Picnic Area: Yes
Security: Yes
Water: Yes

Floors in Unit/Home

One: Yes

Listing Office: Coastal Living Realty & Associates

Last Updated: July – 12 – 2026

Information deemed reliable but not guaranteed.