0 Baths
$1,400,000
5518 Thomas Drive, Panama City Beach FL, 32408
Price per sqftN/A
Property typeCommercial
Overview
Active
Listed Nov 3, 2025
Updated Jun 12
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
Additional information
- MLS® ID
- 781168
Interior Features
- Bathrooms
- 0
- Basement
- No
Exterior Features
- Lot Size
- 0.51 Acres
Other Property Details
- View
- Yes
Courtesy of Local Insight Realty, Beth Christie,
Listing Contact: 850-832-9417
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Salt + Sold by Savannah Banfell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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