Skip To Content

6908 Thomas Drive

Panama City Beach, FL 32408
  • $2,300,000
  • STATUS: Active
  • ON SITE: 258 Days
  • MLS #: 742841
UPDATED: 66 min ago
$2,300,000
  • 0
    BEDS
  • 0.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Attention INVESTORS, BUILDERS, AND ENTREPRENEUR'S, Look no further, this property is for YOU! Zoned C1-Neighborhood Commercial, this .95 acre parcel, with a beautiful GULF VIEW, Includes 7 lots total with 100 feet of frontage on Thomas Drive, extending through 235 feet to Beach Dr., then 250 feet on beach Drive, and 115 feet on Upas Street. It is located 800 feet from the Gulf of Mexico in a highly visible and popular area surrounded by condos, restaurants, public beach access, and area attractions. This zoning allows for multiple options and would be a great investment for a builder with 15 units/acre density, maximum building height not to exceed 35 feet, 60% impervious, floor area ratio 100%, minimum lot frontage of 70 feet, front and rear setbacks are set at 20 feet and side setbacks at 5 feet. The sales consist of 7 lots, 6985 sq.ft., 3 upstairs office/storage rooms, building, sign, real estate, and if you are thinking of keeping the store, inventory is even negotiable. The current owners have done a lot to this building since purchasing it as a shell with limited improvements. They have completely updated the building including the build-out, and replaced the air conditioning unit. Previous business was a bar/restaurant. You cannot beat this location as its in the heart of Panama City Beach, surrounded by high-rise condos and beach houses. Although you are only 800 feet to the beautiful Gulf-of-Mexico, this property is not in a flood zone! Do not let this opportunity pass by. If this sounds like the investment you have been looking for, setup a private showing before your dream of owning this fantastic property becomes someone else's reality! Age, Sq.Ft., dimensions, or any important information to the buyer must be verified via a personal or professional inspection.

Monthly Payment Calculator



© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes & Gardens Real Estate Emerald Coast. Data last updated: 2024-03-01T22:04:11.423.
www.bealocaldestin.com/homes/140655932
Print Image

6908 Thomas Drive Panama City Beach, FL 32408

  • Price: $2,300,000
  • Status: Active
  • On Site: 258 Days
  • Updated: 66 min ago
  • MLS #: 742841
0
Beds
0
Baths
0
½ Baths
0.95
Acres
Neighborhood:
Holiday Beach Unit 10
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
Attention INVESTORS, BUILDERS, AND ENTREPRENEUR'S, Look no further, this property is for YOU! Zoned C1-Neighborhood Commercial, this .95 acre parcel, with a beautiful GULF VIEW, Includes 7 lots total with 100 feet of frontage on Thomas Drive, extending through 235 feet to Beach Dr., then 250 feet on beach Drive, and 115 feet on Upas Street. It is located 800 feet from the Gulf of Mexico in a highly visible and popular area surrounded by condos, restaurants, public beach access, and area attractions. This zoning allows for multiple options and would be a great investment for a builder with 15 units/acre density, maximum building height not to exceed 35 feet, 60% impervious, floor area ratio 100%, minimum lot frontage of 70 feet, front and rear setbacks are set at 20 feet and side setbacks at 5 feet. The sales consist of 7 lots, 6985 sq.ft., 3 upstairs office/storage rooms, building, sign, real estate, and if you are thinking of keeping the store, inventory is even negotiable. The current owners have done a lot to this building since purchasing it as a shell with limited improvements. They have completely updated the building including the build-out, and replaced the air conditioning unit. Previous business was a bar/restaurant. You cannot beat this location as its in the heart of Panama City Beach, surrounded by high-rise condos and beach houses. Although you are only 800 feet to the beautiful Gulf-of-Mexico, this property is not in a flood zone! Do not let this opportunity pass by. If this sounds like the investment you have been looking for, setup a private showing before your dream of owning this fantastic property becomes someone else's reality! Age, Sq.Ft., dimensions, or any important information to the buyer must be verified via a personal or professional inspection.
Exterior Features

Lot Features Cleared Level Road Frontage Type County Road View Gulf View YN Yes

Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Property Sub Type Commercial Sewer Public Sewer Special Listing Conditions Listed As Is Utilities Electricity Available Sewer Available Water Available Water Source Public Waterfront YN No Zoning Description Commercial

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Own It Real Estate LLC: (850) 867-0506. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes & Gardens Real Estate Emerald Coast. Data last updated: 2024-03-01T22:04:11.423.
 
https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_742841-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_742841-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_742841-2.jpg
Logo
Better Homes & Gardens Real Estate Emerald Coast
155 Crystal Beach Drive, Suite 100
Destin FL, 32541