9823 Thomas Drive
Panama City Beach, FL 32408
MLS# 791754
Property Description🚨 PRIME COMMERCIAL LOT IN THE HEART OF PANAMA CITY BEACH 🚨
High-Traffic Location | Tourism Corridor | Development Opportunity
Position your business in one of the most traveled and recognized tourist destinations on the Gulf Coast.
This highly visible commercial parcel sits directly in the center of Panama City Beach's entertainment and tourism district, surrounded by major attractions, restaurants, hotels, and year-round visitor traffic.
Property Highlights
✅ Daily Traffic Counts of Approximately 19,000 Vehicles
✅ Located Across from Ripley's Believe It or Not! and WonderWorks
✅ Minutes from Beaches, Resorts, Restaurants, and Entertainment Venues
✅ 90 Feet of Frontage on Thomas Drive
✅ Approximately 0.57 Acres
✅ Commercial Zoning
✅ Utilities Available
✅ City Road Access
✅ Exceptional Visibility for New Business Development
Ideal Uses
• Retail Center
• Restaurant or Café
• Entertainment Venue
• Tourism-Focused Business
• Medical or Professional Offices
• Service-Based Business
• Mixed Commercial Development
Investor Opportunity
The property line extends beyond the existing rear fence, creating additional development flexibility and future income potential. There may also be opportunities associated with the adjacent building area, offering added value for investors and developers seeking a strategic PCB location.
With tourism continuing to drive growth in Panama City Beach, opportunities to acquire commercially positioned land in this corridor are becoming increasingly limited.
📈 Build where customers already are.
List Price/Acre: 1666666.67
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2026-06-23
List Price: $950,000
Current Price: $950,000
Sub-Type: Unimproved Commercial
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: west on front beach rd left on Thomas dr, property will be on your right across from Ripleys believe it or not
HOA Fee: No
Street #: 9823
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Area: 03 - Bay County - Beach
Subdivision: No Named Subdivision
Parcel ID: 34859-000-000
Legal Description: 36 3S 16W-46-47D4- BEG SW COR OF SE1/4 OF SE1/4 N 300' M/L TO S.R. 392 E 90' ON 392S TO S LINE SEC W TO BEG ORB 861 P 882 ORB 4137 P 2220
Site Dimensions: 90.0 ft x 275.0 ft
Acreage: 0.57
Lot Size (SqFt): 24394
Is Subject Leased: No
Remarks: 🚨 PRIME COMMERCIAL LOT IN THE HEART OF PANAMA CITY BEACH 🚨
High-Traffic Location | Tourism Corridor | Development Opportunity
Position your business in one of the most traveled and recognized tourist destinations on the Gulf Coast.
This highly visible commercial parcel sits directly in the center of Panama City Beach's entertainment and tourism district, surrounded by major attractions, restaurants, hotels, and year-round visitor traffic.
Property Highlights
✅ Daily Traffic Counts of Approximately 19,000 Vehicles
✅ Located Across from Ripley's Believe It or Not! and WonderWorks
✅ Minutes from Beaches, Resorts, Restaurants, and Entertainment Venues
✅ 90 Feet of Frontage on Thomas Drive
✅ Approximately 0.57 Acres
✅ Commercial Zoning
✅ Utilities Available
✅ City Road Access
✅ Exceptional Visibility for New Business Development
Ideal Uses
• Retail Center
• Restaurant or Café
• Entertainment Venue
• Tourism-Focused Business
• Medical or Professional Offices
• Service-Based Business
• Mixed Commercial Development
Investor Opportunity
The property line extends beyond the existing rear fence, creating additional development flexibility and future income potential. There may also be opportunities associated with the adjacent building area, offering added value for investors and developers seeking a strategic PCB location.
With tourism continuing to drive growth in Panama City Beach, opportunities to acquire commercially positioned land in this corridor are becoming increasingly limited.
📈 Build where customers already are.
Natural Gas - Available: 1
Public Sewer - Connected: 1
Sewer Available: 1
Water Connected: 1
TransportationAccess: 2 - Lane; City Road; Paved
Financing: Cash; Conventional
Other Structures: Storage; See Remarks
Utilities: Natural Gas - Available; Public Sewer - Connected; Water Connected; Sewer Available; Water Available
Listing Office: World Impact Real Estate
Last Updated: June - 23 - 2026
Information deemed reliable but not guaranteed.