4010 Thomas Drive, Panama City Beach, FL 32408
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Priced at Only: $900,000
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Address: 4010 Thomas Drive, Panama City Beach, FL 32408
Property Location and Similar Properties
- MLS#: 758163 ( Land )
- Street Address: 4010 Thomas Drive
- Viewed: 5
- Price: $900,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Lagoon
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 487
- Additional Information
- Geolocation: 30.1413 / -85.7498
- County: BAY
- City: Panama City Beach
- Zipcode: 32408
- Subdivision: Gulf Lagoon Beach
- Provided by: Coldwell Banker Realty
- DMCA Notice
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DescriptionIntroducing an unparalleled opportunity for developers and investors alike: a prime commercial parcel nestled in the heart of Thomas Dr. with tons of visibility from the highway. This meticulously regulated zone boasts a maximum height allowance of 230 feet, providing the canvas for innovative vertical development that maximizes both space and potential. The parcel is across the Boating Marina, high end restaurants and nearby beach access. Situated within Tax District 56, this property enjoys the benefits of county limits, offering a strategic location with access to essential infrastructure and amenities. With a lot size meticulously defined, developers can envision their projects with precision, optimizing every inch of the available space. Adhering to zoning regulations, the property allows for a multitude of R1 5 uses, extending from the beach line. From boutique shops to vibrant eateries, the possibilities for commercial ventures are as diverse as the coastal landscape itself. What sets this property apart is its unique stipulation on coverage: only 75% of the lot may be utilized for pavement, sidewalks, and infrastructure. This requirement fosters a harmonious blend of urban functionality and aesthetic appeal, ensuring that development maintains a balance between utility and environmental consciousness. Upon establishing the building footprint, developers are granted a designated usable space. Within this boundary, creativity knows no bounds, as 75% of the area can be fully utilized to realize the vision for the property. Whether crafting a sleek office tower, a chic retail hub, or a dynamic mixed use complex, the potential for transformative development is boundless. In summary, this commercial parcel offers more than just a piece of landit presents an opportunity to shape the skyline and redefine the fabric of the community. With its strategic location, meticulous zoning regulations, and expansive potential, this property stands as a beacon for those seeking to leave a lasting mark on the coastal landscape. Building is in process of being torn down into raw land in the next 2 4 weeks.
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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Road Frontage Type: CountyRoad
- 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: LAZY DAZE CONDO 16 4S 15W -527.5- M 70B1 ENDING RE# 31618-236-000 PH LISTING HARBOUR'S EDGE
- Area Major: 03 - Bay County - Beach
- Parcel Number: 31618-200-000
- The Range: 0.00
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