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Commercial Property MLS# 506767 ID: 19418916
$2,700,000 Get Rates

BANK FORECLOSURE OPPORTUNITY: 40.4 Acre of land in an incredible location with a multitude of possibilities. Approved density is R-5 (multi-family 15 units per acre) with a maximum height of 10 stories along with Approximately 8 acres of C-3 commercial zoning of. 2011 DOT Annual daily traffic count indicates an estimated 28,000. Class A Retail fronts most of this property with several national chains anchoring it. Hooters, LaQunita, UPS, SAKE Sushi House, and many other major restaurants and retailers provide an additional value add to this property. Click on additional pictures for architectural appeal and layout of front retail development. Close proximity to Bay Point, Preserve, St. Andrews State Park, Nationally recognized golf courses (Jack Nicklaus design course), marinas, Nationally recognized restaurants (Captain Andersons), and the worlds most beautiful beaches. Directly across Thomas Drive is the Naval Surface Warfare Center Panama City Division which employs in excess of 2,000 civilian and military personnel WITH $117 MILLION IN DIRECT PAYROLL. All information estimated and should be verified by seller if important. Boundary survey, topography, recent proposed engineering and marketing and information package available upon request.

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Location Information near 1000 THOMAS DR
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Property Features for 1000 THOMAS DR
Market Status
Last Updated
August 22, 2014
Property Type
Commercial Property
Approx. Lot Size
40.40 Acres


  • MLS Area: Bay County-Beach

Lot Features

  • Waterfront: Lagoon Front

Data Provided by Bay County Association of REALTORS Inc

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  • Prudential Shimmering Sands
  • 1514 W 23rd Street
    Panama City, FL 32405

  • View Phone Number

Data Provided by:
Bay County Association of REALTORS Inc


More information about this $2,700,000 Commercial Property at 1000 THOMAS DR

This $2,700,000 Commercial Property at 1000 THOMAS DR in PANAMA CITY BEACH, FL is listed by Joey Laymon. This $2,700,000 Commercial Property, located in the 32408 zip code, has the following property features: MLS Area, Waterfront. This 1000 THOMAS DR Commercial Property, located in Bay County , is listed under MLS listing number 506767 and has a listing price of $2,700,000. You can find more of Joey Laymon's listings by browsing Joey Laymon homes for sale at, or even more PANAMA CITY BEACH homes for sale here.