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5518 Thomas Drive
5518 Thomas Drive
5518 Thomas Drive
5518 Thomas Drive
5518 Thomas Drive
5518 Thomas Drive
5518 Thomas Drive
5518 Thomas Drive
5518 Thomas Drive
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$1,500,000

5518 Thomas Drive

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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Location

5518 Thomas Drive, Panama City, FL 32408

Status

For Sale
Beth Christie

Beth Christie

TITLE

Realtor®

Ramil Zartdinov

Ramil Zartdinov

TITLE

Realtor®

Property Amenities

Area & Lot
Lot Area 0.51 Acres
MLS® ID 781204
High School Arnold
Middle School Surfside
Elementary School Patronis
Water Frontage Gulf
Type Land
Status For Sale
Exterior
Lot Features Corner Lot, Paved
Utilities Water Available
Finance
Sales Price $1,500,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 5518 Thomas Drive, Panama City, FL 32408. We are reviewing your request and will be in touch shortly!

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