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

4010 Thomas Dr, Panama City Beach, FL 32408

$800,000
0.43 acres
Active
$100k drop
Est $6,007/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. 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.

Location

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

Directions

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

Property details

Lot size
0.43 acres18,731 sq ft
Zoning
Commercial
MLS #
ECARMLS 951491
Posted

Parcels

  • 31618-200-000

Legal description

Details and features

Listing

Type
Residential
Subtype
Condominium
Franchise
Coldwell Banker Real Estate

Listing history

DateEventPriceChangeSource
Oct 21, 2025Price drop$800,000$100,000 -11.1%ECARMLS
Sept 26, 2025Back on market$900,000ECARMLS
Aug 15, 2025Under contract$900,000ECARMLS
June 14, 2025Price drop$900,000$175,000 -16.3%ECARMLS
May 15, 2025Back on market$1,075,000ECARMLS
Apr 4, 2025Under contract$1,075,000ECARMLS
Feb 19, 2025New listing$1,075,000ECARMLS
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This 0.43-acre property is located at 4010 Thomas Dr in Panama City Beach, FL 32408. The property is available for sale for $800,000.

Checked 1 min ago — Updated

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