6908 Thomas Drive

6908 Thomas Drive

Panama City Beach, FL 32408

$2,300,000
Price
41,382 / 0.95
Lot Size / Acres

Description

Attention INVESTORS, BUILDERS, AND ENTREPRENEUR'S, Look no further, this property is for YOU! Zoned C1-Neighborhood Commercial, this .95 acre parcel, with a beautiful GULF VIEW, Includes 7 lots total with 100 feet of frontage on Thomas Drive, extending through 235 feet to Beach Dr., then 250 feet on beach Drive, and 115 feet on Upas Street. It is located 800 feet from the Gulf of Mexico in a highly visible and popular area surrounded by condos, restaurants, public beach access, and area attractions....Attention INVESTORS, BUILDERS, AND ENTREPRENEUR'S, Look no further, this property is for YOU! Zoned C1-Neighborhood Commercial, this .95 acre parcel, with a beautiful GULF VIEW, Includes 7 lots total with 100 feet of frontage on Thomas Drive, extending through 235 feet to Beach Dr., then 250 feet on beach Drive, and 115 feet on Upas Street. It is located 800 feet from the Gulf of Mexico in a highly visible and popular area surrounded by condos, restaurants, public beach access, and area attractions. This zoning allows for multiple options and would be a great investment for a builder with 15 units/acre density, maximum building height not to exceed 35 feet, 60% impervious, floor area ratio 100%, minimum lot frontage of 70 feet, front and rear setbacks are set at 20 feet and side setbacks at 5 feet. The sales consist of 7 lots, 6985 sq.ft., 3 upstairs office/storage rooms, building, sign, real estate, and if you are thinking of keeping the store, inventory is even negotiable. The current owners have done a lot to this building since purchasing it as a shell with limited improvements. They have completely updated the building including the build-out, and replaced the air conditioning unit. Previous business was a bar/restaurant. You cannot beat this location as its in the heart of Panama City Beach, surrounded by high-rise condos and beach houses. Although you are only 800 feet to the beautiful Gulf-of-Mexico, this property is not in a flood zone! Do not let this opportunity pass by. If this sounds like the investment you have been looking for, setup a private showing before your dream of owning this fantastic property becomes someone else's reality! Age, Sq. Ft., dimensions, or any important information to the buyer must be verified via a personal or professional inspection.
  1. Listed by Cynthia K Chavira • Own It Real Estate LLC

Property Details for 6908 Thomas Drive

Waterfront
No
Subdivision Name
Holiday Beach Unit 10
View
Gulf
Zoning Description
Commercial
View
Yes

Location

Listing Courtesy of Own It Real Estate LLC
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LISTING UPDATED: 01/14/2024 02:02 PM

Property Details for 6908 Thomas Drive

StatusActive
MLS #742841
Days on Market324
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial
Year Built-
Lot Size0.95 AC
CountyBay County

Location

Listing Courtesy of Own It Real Estate LLC
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Building Information for 6908 Thomas Drive

Lot Size0.95 AC

Payment Calculator

$13,567 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,552

Property Taxes

$1,015

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6908 Thomas Drive

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Head east on Thomas Drive. When you get to Upas St. on the left, turn left and you can access the property shortly after on the right. If coming West on Thomas, you can turn right into the parking lot, right before Upas St.
  • Postal Code: 32408
  • Latitude: 30.15667
  • Longitude: -85.771472
  • State Or Province: FL
  • Road Frontage Type: County Road
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 30766-010-000
  • Association: No
  • Tax Block: R
  • Tax Legal Description: HOLIDAY BEACH UNIT #10 LOTS 4, 5, 20, 21, 22,23 & 24 BLK R ORB 4487 P 73
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Property
Lot Information
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.95
  • Lot Size Square Feet: 41382.0
Property and Assessments
  • Public Survey Range: 15W
  • Public Survey Section: 8
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Property History for 6908 Thomas Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6908 Thomas Drive

Taxable ValueLand$878,980Additions$79,543Total$958,523
Tax Record2023$12,184 ($1,015 / month)
Home Facts
Total Finished SqFt6,020 SqFtAbove Grade Finished SqFt6,020 SqFtStories1Lot Size41,250 SqFtStyleStoresYear Built1979ZoningBC03CountyBAYAPN30766-010-000

Schools near 6908 Thomas Drive

This home is within Bay.
Rating
School
Type
Grades
Distance
Patronis Elementary School
Public - PK to 5
J.R. Arnold High School
Public - PK to 12
Surfside Middle School
Public - 6 to 8
St. Andrew School
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicPK to 5

J.R. Arnold High School
PublicPK to 12

Surfside Middle School
Public6 to 8

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 6908 Thomas Drive, Panama City Beach, FL 32408

6908 Thomas Drive is a 0.95 ac of land for sale in Panama City Beach, FL 32408. This property was listed for sale on June 16, 2023 by Own It Real Estate LLC, it's currently listed at $2,300,000. It has been on the market for a total of 324 days and was last sold on November 9, 2021. This listing's school district is Bay. Nearby schools include Patronis Elementary School, J.R. Arnold High School and Surfside Middle School. 6908 Thomas Drive is a 0-bed, 0-bath, 0.95 ac of land on a 41,382 sq. ft. / 0.95 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Own It Real Estate LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.