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6908 Thomas Drive
Panama City, FL 32408

$1,900,000 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths:
Sq Feet Icon SQFT (H&C): 6,020
MLS Icon MLS# 795258

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.

Property Features

MLS#: 795258
Zip: 32408
Subdivision: Holiday Beach Unit 10
Development:
Property Type: Commercial - Retail
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.54 acres
Year Built: 1979
SQFT (H&C): 6,020

Feature Descriptions

Flooring: Concrete
Lot Description: Cleared, Level
Parcel#: 30766-010-000
Sewer: Public Sewer
Special View Info: Gulf
Utilities: Sewer Available

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

6908 Thomas Drive | MLS# 795258

This commercial property located at 6908 Thomas Drive , Panama City, FL 32408 is currently listed for sale with an asking price of $1,900,000. Search Panama City real estate on nbeninate.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Own It Real Estate LLC

Shown By

Agent Name: Nick Beninate
Agent Phone: (850) 819-7484
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 09/10/2026. The listing information on this page last changed on 09/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/10/2026 12:02:03 AM EST) or Emerald Coast MLS (last updated Wed 09/09/2026 11:55:32 PM EST) or Central Panhandle Association of Realtors (last updated Wed 09/09/2026 11:57:22 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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