Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1979
Sq.Footage
6,020
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Lot Features
Cleared, Level
-
Lot Size(acres)
0.54
-
Lot Size(square feet)
23,522
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$1,900,000
-
Sq. Footage
6,020
-
Price/SqFt
$315
HOA
-
Association
No
School District
-
Elementary School
Patronis
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Listing Courtesy of Cindy K Chavira, Own It Real Estate LLC
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REALTOR®
Rodney King
Call Rodney today to schedule a private showing.
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