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    5518 Thomas Drive
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    PRICED AT ONLY: $1,400,000

    Address: 5518 Thomas Drive, Panama City Beach, FL 32408

    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
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    • MLS#: 781168 ( Land )
    • Street Address: 5518 Thomas Drive
    • Viewed: 102
    • Price: $1,400,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: Not Available
    • Bldg sqft: 0
    • Days On Market: 187
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Living Area: 0.00
    Garage and Parking
    • Garage Spaces: 0.00
    • Open Parking Spaces: 0.00
    Utilities
    • Carport Spaces: 0.00
    • Road Frontage Type: CountyRoad
    • 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; BILTMORE BEACH LOT 2 BLK K ORB 4727 P 77; BILTMORE BEACH LOT 1 BLK K ORB 4727 P 77
    • Area Major: 03 - Bay County - Beach
    • Parcel Number: 32362-000-000
    • The Range: 0.00
    • View: Gulf
    • Views: 102
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    Details for 5518 Thomas Drive, Panama City Beach, FL 32408
    $1,400,000.00

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    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

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