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 The Silvera Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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