Mixed-Use Land for Sale in Panama City Beach, Florida

4010 Thomas Dr Panama City Beach, FL 32408

1 / 16
$1,075,000
0.43 acres
Active
agoEst $8,440/mo

Introducing an unparalleled opportunity for developers and investors alike: a prime commercial parcel nestled in the heart of Thomas Dr. with tons of visibility from the highway. This meticulously regulated zone boasts a maximum height allowance of 230 feet, providing the canvas for innovative vertical development that maximizes both space and potential. The parcel is across the Boating Marina, high end restaurants and nearby beach access. Situated within Tax District 56, this property enjoys the benefits of county limits, offering a strategic location with access to essential infrastructure and amenities. With a lot size meticulously defined, developers can envision their projects with precision, optimizing every inch of the available space. Adhering to zoning regulations, the property allows for a multitude of R1-5 uses, extending from the beach line. From boutique shops to vibrant eateries, the possibilities for commercial ventures are as diverse as the coastal landscape itself. What sets this property apart is its unique stipulation on coverage: only 75% of the lot may be utilized for pavement, sidewalks, and infrastructure. This requirement fosters a harmonious blend of urban functionality and aesthetic appeal, ensuring that development maintains a balance between utility and environmental consciousness. Upon establishing the building footprint, developers are granted a designated usable space. Within this boundary, creativity knows no bounds, as 75% of the area can be fully utilized to realize the vision for the property. Whether crafting a sleek office tower, a chic retail hub, or a dynamic mixed-use complex, the potential for transformative development is boundless.

In summary, this commercial parcel offers more than just a piece of landit presents an opportunity to shape the skyline and redefine the fabric of the community. With its strategic location, meticulous zoning regulations, and expansive potential, this property stands as a beacon for those seeking to leave a lasting mark on the coastal landscape.

Directions

Driving on Thomas Dr towards the beach, passing the marina the commercial parcel is to the left.

Location

Street Address
4010 Thomas Dr
Elevation
10 feet
Coordinates
30.1413, -85.7498

Property details

Zoning
Commercial
MLS Number
ECARMLS 951491
Date Posted

Parcels

  • 31618-200-000

Legal description

This 0.43-acre property is located at 4010 Thomas Dr in Panama City Beach, FL 32408. The property is currently available for sale for $1,075,000 with a price per acre of $2,500,000. Listing data is sourced from Emerald Coast Association of Realtors # 951491.

Verify sale details at the property source or contact eXp Realty at (888) 883-8509.

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Copyright (C) 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Checked 1 hour ago. Updated . Parcel data by Regrid.

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