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 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.
Listed By
Agency Name: Own It Real Estate LLC
Shown By
Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351
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6908 Thomas Drive , Panama City, FL 32408.
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6908 Thomas Drive , Panama City, FL 32408.
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6908 Thomas Drive | MLS# 795258
This commercial property located at 6908 Thomas Drive , Panama City, FL 32408 is currently listed for sale with an asking price of $1,900,000. Search Panama City real estate on www.beachybeach.com today.