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6908 Thomas Dr
Panama City Beach, FL 32408
Retail Property For Sale
EXECUTIVE SUMMARY
Prime Commercial Opportunity - Gulf View Property on Thomas Drive. 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 America. The 6,985 square foot building includes 0.54 of an acres with 100 feet of frontage on Thomas Drive, extending 235 feet through to Beach Drive. Masonry (concrete block) construction. The second floor includes 3 office/storage rooms, and additional bathrooms. Property Features: • High visibility in a bustling tourist corridor, 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 monument sign. Inventory available for purchase if buyer wishes to maintain the existing Sunny Side Beach Store. The property is high and dry, not in a flood zone, and no wetlands. One block to the Gulf! Zoned C-1 ''Neighborhood Commercial'', which 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 side.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
B
Year Built
1979
Price
$2,616,091 CAD
Price Per SF
$436.02 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.54 AC
Zoning
Commercial - Commercial County
Parking
55 Spaces (9.17 Spaces per 1,000 SF Leased)
Frontage
104’ on Thomas Dr
AMENITIES
- Signage
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 30766-010-000 | Improvements Assessment | $105,292 CAD |
| Land Assessment | $1,238,579 CAD | Total Assessment | $1,343,871 CAD |
PROPERTY TAXES
Parcel Number
30766-010-000
Land Assessment
$1,238,579 CAD
Improvements Assessment
$105,292 CAD
Total Assessment
$1,343,871 CAD
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