6908 Thomas Drive, Panama City Beach, FL 32408
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Priced at Only: $1,900,000
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Address: 6908 Thomas Drive, Panama City Beach, FL 32408
Property Location and Similar Properties
- MLS#: 774342 ( CommercialSale )
- Street Address: 6908 Thomas Drive
- Viewed: 6
- Price: $1,900,000
- Price sqft: $272
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Gulf
- Year Built: 1979
- Bldg sqft: 6985
- Days On Market: 128
- Additional Information
- Geolocation: 30.1567 / -85.7715
- County: BAY
- City: Panama City Beach
- Zipcode: 32408
- Subdivision: Holiday Beach Unit 10
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
- Provided by: Own It Real Estate LLC
- DMCA Notice
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DescriptionPrime 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 acre 100 feet of frontage on Thomas Drive, extending 235 feet through to Beach Drive Includes 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 attractions Previously operated as a bar/restaurant Recent renovations include complete build out and new HVAC system On site signage and real estate included Inventory available for purchase if buyer wishes to maintain existing store/business Not in a flood zone despite being just steps from the Gulf! Zoning & Development Details: C 1 Zoning allows for commercial, mixed use, or multifamily development Density: Up to 15 units per acre Maximum Building Height: 35 feet Impervious Surface Ratio: 60% Floor Area Ratio: 100% Setbacks: 20 ft front/rear, 5 ft sides Minimum Lot Frontage: 70 ft Whether 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.
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Features
Building and Construction
- Covered Spaces: 0.00
- Flooring: Concrete
- Living Area: 0.00
Land Information
- Lot Features: Cleared, Level
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Patronis
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Heating: Central, Electric
- Sewer: PublicSewer
- Utilities: SewerAvailable, WaterConnected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Legal Description: Lot 4, 5, 20, 21, Block R, Holiday Beach Unit No. 10, according to the Plat thereof, recorded in Plat Book 10, Page(s) 90, of the Public Records of Bay County, Florida.
- Area Major: 03 - Bay County - Beach
- Occupant Type: Occupied
- Parcel Number: 30766-010-000
- Possible Use: Retail
- The Range: 0.00
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