6908 Thomas Drive
Panama City, FL 32408
MLS# 795258
6020 sqft
Property 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.
List Price/SqFt: 315.61
List Date: 2026-09-10
List Price: $1,900,000
Current Price: $1,900,000
Sub Area: 0323 - Beach - South of Grand Lagoon
Block: R
Community/Resort: Holiday Beach
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Section: 8
Directions: Head east on Thomas Drive. When you get to Upas St. on the left, turn left and you can access the property shortly after on the right. If coming West on Thomas, you can turn right into the parking lot, right before Upas St.
Township: 4s
Range: 15W
Area: 03 - Bay County - Beach
Street #: 6908
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Holiday Beach Unit 10
Parcel ID: 30766-010-000
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.
List Class: Retail Store
Site Dimensions: 100.0 ft x 125.0 ft
Acreage: 0.54
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt HVAC: 6020
Frontage Ft: 100
SqFt Tot Bldg: 6020
Lot Depth: 125
Lot SqFt: 23505
Remarks: 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.
Clearance Height 18+ Ft: 1
Floor - Concrete: 1
AC - Central Elect: 1
Heat - Central Electric: 1
Water Heater - Electric: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Display Windows: 1
Freestanding Building: 1
Office Area: 1
Restrooms - Public: 1
Sign: 1
Other - See Remarks: 1
AC - Central: 1
AC - HVAC: 1
AC - Office: 1
Heat - Central Electric: 1
Property Type: Commercial
Real Estate: 1
Other - See Remarks: 1
Aerials Available: 1
Cleared: 1
Energy: AC - Central Elect; Heat - Central Electric; Water Heater - Electric
Offering Type: Real Estate; Other - See Remarks
Site Description: Aerials Available; Cleared; Level
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Listing Office: Own It Real Estate LLC
Last Updated: September - 10 - 2026
Information deemed reliable but not guaranteed.