$2,250,000
Panama City Beach, FL 32408
MLS# 773145
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Property Description
Prime commercial property available for sale on highly sought-after Thomas Drive! Spanning 3.35 acres with an impressive 676 feet of road frontage, this C-3 zoned site offers incredible visibility and accessibility. With a traffic count of 20,500 AADT, the location guarantees consistent exposure and a high level of footfall. Situated in close proximity to the beach and popular local restaurants, the property combines convenience with opportunity. A current survey is on hand, and the height restriction of 230 feet allows for significant development potential. There is a minor wetlands presence (+/-0.63ac), however all permits in hand to fill and proceed to development (see listing attachments). Also, preliminary engineering also in place for +18ksf of single story retail/restaurant/office space (2 +/-9ksf pads)
Details
Maps
Contract Info
List Date: 2025-05-01
List Price: $2,250,000
List Price/Acre: 671641.79
Current Price: $2,250,000
Sub-Type: Land/Acres
List Type: Exclusive Right of Sale
Named Exception: No
Location Tax Legal
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Area: 03 - Bay County - Beach
Subdivision: [No Recorded Subdiv]
Parcel ID: 31142-050-000
Legal Description: PORT LAGOON (1.01E) 69C4 COM AT NE COR OF NW1/4 OF SE1/4 TH S608.96' FOR POB TH W 187.83' NW 89.23' N 108.85' W 44.88' SWLY 242.02' SELY 352.50' SELY 323.53' N 476.81' TO POB **** ALSO PRCL DESC AS STORMWATER EASEMENT BEING PART OF BLKS 1 & 2 ORB 426 5 P 618
General Property Info
Acreage: 3.35
Lot Size (SqFt): 145926
Is Subject Leased: No
Status Change Info
Status: Active
Property Features
TransportationAccess: Divided Highway
Utilities: Other - See Remarks
Listing Office: NAI TALCOR
Last Updated: December - 02 - 2025
Information deemed reliable but not guaranteed.