Active
4010 Thomas Drive
Panama City Beach FL, 32408
$1,200,000
Active
Commercial
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.
951491
MLSⓇ ID
June 4, 2024
Listed
January 26, 2025
Updated
Map
4010 Thomas Drive
Panama City Beach FL, 32408
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.43 Acres
Other Property Details
Area Name
27 - Bay County
Days on Market
235
Garage
No
View
No
County
Bay
Pool
No
Zoning
Commercial
Listing History
Date | Event | Price |
---|---|---|
10/3/2024 | Price change | $1,200,000 -20% |
7/23/2024 | Price change | $1,500,000 -17% |
Courtesy of EXP Realty LLC, Emerald Coast Group,
Listing Contact: [email protected]
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Data last updated 3:46 AM UTC, 1/26/2025