6908 Thomas Drive, Panama City Beach, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
6908 Thomas Drive,Panama City Beach, FL 32408
$1,900,000
- 4 Beds
- 1 Baths
- 6,985 sq. ft.
- Multi-family
- Active
Listed by: cindy k chavira
Office: own it real estate llc.
MLS#:797636
Source:FL_BCMLS
Price summary
- Price:$1,900,000
- Price per sq. ft.:$272.01
About this home
Remarks: Prime Mixed-Use Opportunity - Gulf View Property on Thomas Drive | Zoned C-1. Attention Investors, Builders, and Entrepreneurs -- this is the opportunity you've been waiting for! This rare .53-acre Gulf-view property is zoned C-1 Neighborhood Commercial, with mixed use opportunities surrounded by not only commercial buildings, but many Mixed -Use properties, offering a wide range of development possibilities. Situated in the heart of Panama City Beach, just 800 feet from the Gulf of Mexico, the site features: • Four (4) separate lots totaling approximately 23,000 sq. ft., or .53 of an acre • 100 feet of frontage on Thomas Drive, extending 230 feet through to Beach Drive • Includes a building with approx. 6,985 sq. ft. and 3 upstairs office/storage rooms, and bathrooms. Property Features: • High visibility in a bustling area surrounded by high-rise condos, restaurants, public beach access, and major attractions • Previously operated as a bar/restaurant • Recent renovations include complete build-out and new HVAC system • On-site signage and real estate included • Inventory available for purchase if buyer wishes to maintain existing store/business • Not in a flood zone -- despite being just steps from the Gulf! Zoning & Development Details: • C-1 Zoning allows for commercial, mixed-use, or multifamily development • Density: Up to 15 units per acre • Maximum Building Height: 35 feet • Impervious Surface Ratio: 60% • Floor Area Ratio: 100% • Setbacks: 20 ft front/rear, 5 ft sides • Minimum Lot Frontage: 70 ft Whether you're looking to develop multi-family units, open a thriving new business, or hold a valuable asset in one of the most sought-after areas of Panama City Beach, this property checks every box. Don't miss out on this exceptional investment. Schedule your private showing today -- before someone else turns your vision into their reality. All measurements, zoning allowances, and property details to be verified by buyer through personal or professional inspection....
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Home facts
- Year built:1979
- Subdivision & Development:Holiday Beach Unit 10
- Listing ID #:797636
- Added:1 day(s) ago
- Updated:November 09, 2026 at 10:40 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:4
- Flooring:Concrete, Plank, Vinyl
- Living area:6,985 sq. ft.
Heating and cooling
- Cooling:CentralAir, MultiUnits
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1979
- Building area:6,985 sq. ft.
- Lot area:0.54 Acres
- Construction Materials:Stucco
- Levels:2 Story
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$272.01
- Tax amount:$7,572 (2025)
Parking
- Parking description:Additional Parking
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