LOT SIZE 0.510 acres
MLS#781204
STATUSActive
PROPERTY TYPELand - Commercial
SUBDIVISIONGulf Lagoon Beach
Property 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
Property Features
Property Type: Land - Commercial
Lot Size: 0.51 Acres
Feature Descriptions
Days on Site: 148
Lot: Paved
Lot Dimensions: 100x220
Parcel#: 32362-000-000
Special View Info: Gulf
Utilities: Sewer Available
Local Schools
High School: Arnold
Middle School: Surfside
Elementary School: Patronis
Listed By / Shown By
Listed By
Agency Name: Local Insight Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 3,524.13 per month $3,115.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $408.33 Homeowner's InsuranceChange Payment Information
5518 Thomas Drive | MLS# 781204
This land located at 5518 Thomas Drive, Panama City, FL 32408 is currently listed for sale with an asking price of $1,400,000. The property has approximately 0.51 Acres. Search Panama City real estate on www.realtymarkllc.com today.