5518 Thomas DR, Panama City Beach, FL 32408
5518 Thomas DR, Panama City Beach, FL 32408
5518 Thomas DR, Panama City Beach, FL 32408
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$1,400,000
Est. payment /mo
0.51 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Gulf Lagoon Beach

MLS Listing ID 781204

HOA Y/N No

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Unimproved Land

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

Location

State FL

County Bay

Area 03 - Bay County - Beach

Interior

Fireplace No

Exterior

Utilities Available Sewer Available

View Y/N Yes

View Gulf

Private Pool No

Building

Lot Description Paved

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 32362-000-000

Special Listing Condition Listed As-Is


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Listed by Local Insight Realty

NEARBY SCHOOL & BUSINESS

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Alissa Childree

Alissa Childree

+1(251) 975-8192

Agent | License ID: 3508920

Agent License ID: 3508920

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