6908 Thomas Drive, Panama City, FL 32408 (MLS# 795258)


$1,900,000
6908 Thomas Drive
Panama City, FL 32408
MLS# 795258
6020 sqft


Incredible building opportunity .54 acre across from beach.
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Incredible building opportunity .54 acre across from beach. Multiple Lots 4,5,20,21. Additional lots available for separate purchase. Incredible building opportunity .54 acre across from beach. Incredible building opportunity .54 acre across from beach. Incredible building opportunity .54 acre across from beach. Incredible building opportunity .54 acre across from beach. Incredible building opportunity .54 acre across from beach. Incredible building opportunity .54 acre across from beach. Incredible building opportunity .54 acre across from beach. Multiple Lots 4,5,20,21. Additional lots available for separate purchase. Multiple Lots 4,5,20,21. Additional lots available for separate purchase. Multiple Lots 4,5,20,21. Additional lots available for separate purchase. Multiple Lots 4,5,20,21. Additional lots available for separate purchase. Multiple Lots 4,5,20,21. Additional lots available for separate purchase. Inventory Negotiable Inventory Negotiable Inventory Negotiable Inventory Negotiable Inventory Negotiable Inventory Negotiable Inventory Negotiable Inventory Negotiable Inventory Negotiable Inventory Negotiable Inventory Negotiable Inventory Negotiable Sign Entrance Entrance Front Restrooms & Storage Additional Storage Storage and Offices Dressing Rooms Dressing Rooms Private Office Store Entrance Multiple Lots 4,5,20,21. with .54 of an acre. Additional lots available for separate purchase. Multiple Lots 4,5,20,21. with .54 of an acre. Additional lots available for separate purchase. Multiple Lots 4,5,20,21. with .54 of an acre. Additional lots available for separate purchase. Multiple Lots 4,5,20,21. with .54 of an acre. Additional lots available for separate purchase.

Property Description
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.

Details
Maps
Contract Info
List Price/SqFt: 315.61
List Date: 2026-09-10
List Price: $1,900,000
Current Price: $1,900,000
Sub-Type: Retail
Location
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.
General Property Info
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
Year Built: 1979
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
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.
Office/Member Info
Seller Concessioins: No
Construction/Siding
Clearance Height 18+ Ft: 1
Floor - Concrete: 1
Energy
AC - Central Elect: 1
Heat - Central Electric: 1
Water Heater - Electric: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Water Connected: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Business/Property
Display Windows: 1
Freestanding Building: 1
Office Area: 1
Restrooms - Public: 1
Sign: 1
Other - See Remarks: 1
Floors in Unit/Home
Two: 1
Heating/Cooling
AC - Central: 1
AC - HVAC: 1
AC - Office: 1
Heat - Central Electric: 1
Heat - Office: 1
Land
Property Type: Commercial
Offering Type
Real Estate: 1
Other - See Remarks: 1
Retail
Building SqFt: 6020
Site Description
Aerials Available: 1
Cleared: 1
Level: 1
Status Change Info
Status: Active
Property Features
Energy: AC - Central Elect; Heat - Central Electric; Water Heater - Electric
Offering Type: Real Estate; Other - See Remarks
Sale Type: As Is
Site Description: Aerials Available; Cleared; Level
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Waterview: Gulf

Listing Office: Own It Real Estate LLC

Last Updated: September - 10 - 2026

Information deemed reliable but not guaranteed.