5518 Thomas Drive, Panama City, FL 32408
Request More Information
  • All fields are required.
  • MLS#: 781204 ( Residential )
  • Street Address: 5518 Thomas Drive
  • Viewed: 50
  • Price: $1,500,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 33
  • Additional Information
  • Geolocation: 30.1454 / -85.7572
  • County: BAY
  • City: Panama City
  • Zipcode: 32408
  • Subdivision: Gulf Lagoon Beach
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: Local Insight Realty
  • DMCA Notice
  • Description
    This is your chance to secure a rare development opportunity along the highly sought after Thomas Drive business corridor. An exceptional .51 acre site (three combined lots: 100' x 220') with frontage on Thomas Drive, Beach Drive, and Biltmore Drive. This unique configuration provides access from three road fronts, offering excellent visibility and accessibility for future development. Zoned C 1 (Neighborhood Commercial) allows for a wide range of commercial, mixed use, and multifamily opportunities Density: Up to 15 units per acre Not in a flood zone, yet just 500 feet from the Gulf of Mexico Gulf views possible from a multi story structure Surrounded by new homes, high rise condos, restaurants, close to public beach access (#9), and major attractions Ideal for commercial retail, short term rentals, townhomes, or a mixed use development A three story building on this site would capture breathtaking Gulf views, making it perfect for a boutique hotel, retail center, or luxury residential units. Buyer should verify all details related to this property. Property includes 3 parcels 32362 000 000; 31857 000 000; 31856 000 000
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Paved
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Utilities: SewerAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: GULF LAGOON BEACH LOTS 1 & 2 BLK 16 ORB 4617 P 1904
  • Area Major: 03 - Bay County - Beach
  • Parcel Number: 32362-000-000
  • The Range: 0.00
  • View: Gulf
  • Views: 50
Similar Properties

Details for 5518 Thomas Drive, Panama City, FL 32408
$1,500,000.00

5518 Thomas Drive More Like This

This is your chance to secure a rare development opportunity along the highly sought after Thomas Drive business corridor. An exceptional .51 acre site (three combined lots: 100' x 220') with frontag

  1. MLSID: 781168
  2. Provided by Local Insight Realty
  3. Provided through
  4. DMCA Notice