1. Florida
  2. Panama City Beach
  3. 6908 Thomas Drive
$1,900,000

6908 Thomas Drive, Panama City Beach, FL 32408

  • 6,020 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon0.54acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $316/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Prime Commercial Opportunity - Gulf View Property on Thomas Drive | Zoned C-1.Attention Investors, Builders, and Entrepreneurs -- this is the opportunity you've been waiting for!This rare .54-acre Gulf-view property is zoned C-1 Neighborhood Commercial, offering a wide range of development possibilities. Situated in the heart of Panama City Beach, just 800 feet from the Gulf of Mexico, the site features:Four (4) separate lots totaling approximately 23,522 sq. ft., or .54 of an acre100 feet of frontage on Thomas Drive, extending 235 feet through to Beach DriveIncludes a building with approx. 6,985 sq. ft. and 3 upstairs office/storage rooms, and bathrooms.Property Features:High visibility in a bustling area surrounded by high-rise condos, restaurants, public beach access, and major attractionsPreviously operated as a bar/restaurantRecent renovations include complete build-out and new HVAC systemOn-site signage and real estate includedInventory available for purchase if buyer wishes to maintain existing store/businessNot in a flood zone -- despite being just steps from the Gulf!Zoning & Development Details:C-1 Zoning allows for commercial, mixed-use, or multifamily developmentDensity: Up to 15 units per acreMaximum Building Height: 35 feetImpervious Surface Ratio: 60%Floor Area Ratio: 100%Setbacks: 20 ft front/rear, 5 ft sidesMinimum Lot Frontage: 70 ftWhether you're looking to develop multi-family units, open a thriving new business, or hold a valuable asset in one of the most sought-after areas of Panama City Beach, this property checks every box. Don't miss out on this exceptional investment. Schedule your private showing today -- before someone else turns your vision into their reality.All measurements, zoning allowances, and property details to be verified by buyer through personal or professional inspection.

Listing Status:
Active
Date Added:
June 3, 2025 at 05:00AM
Listing Office:
Own It Real Estate LLC : (850) 867-0506
MLS ID:
774342
  • Appliances: Electric Water Heater
  • Flooring: Concrete
  • A/C: Central AirElectricPartial
  • Heating: CentralElectric

This listing courtesy of Own It Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Patronis Elementary School

7400 Patronis Dr, Panama City, FL, 32408

Grades KG-5

1.06 miles away

B

Breakfast Point Academy

601 N Richard Jackson Blvd, Panama City Beach, FL, 32407

Grades KG-8

3.88 miles away

J

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

4.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.