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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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9823 Thomas Dr , Panama City Beach, FL 32408
$950,000
Est. Payment: $5,248.61/mo
0.56 Acres
Status: Active | Days on site: 106
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Harrison Lilly Team
Owner/Operator

House Description

🚨 PRIME COMMERCIAL LOT IN THE HEART OF PANAMA CITY BEACH 🚨 High-Traffic Location | Tourism Corridor | Development Opportunity Position your business in one of the most traveled and recognized tourist destinations on the Gulf Coast. This highly visible commercial parcel sits directly in the center of Panama City Beach's entertainment and tourism district, surrounded by major attractions, restaurants, hotels, and year-round visitor traffic. Property Highlights ✅ Daily Traffic Counts of Approximately 19,000 Vehicles ✅ Located Across from Ripley's Believe It or Not! and WonderWorks ✅ Minutes from Beaches, Resorts, Restaurants, and Entertainment Venues ✅ 90 Feet of Frontage on Thomas Drive ✅ Approximately 0.57 Acres ✅ Commercial Zoning ✅ Utilities Available ✅ City Road Access ✅ Exceptional Visibility for New Business Development Ideal Uses • Retail Center • Restaurant or Café • Entertainment Venue • Tourism-Focused Business • Medical or Professional Offices • Service-Based Business • Mixed Commercial Development Investor Opportunity The property line extends beyond the existing rear fence, creating additional development flexibility and future income potential. There may also be opportunities associated with the adjacent building area, offering added value for investors and developers seeking a strategic PCB location. With tourism continuing to drive growth in Panama City Beach, opportunities to acquire commercially positioned land in this corridor are becoming increasingly limited. 📈 Build where customers already are.

Highlights

Listed by Danielle Britton , 850-596-4944 World Impact Real Estate , 850-225-7000. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
0.56

County

Bay

Area

03 - Bay County - Beach

Neighborhood

No Named Subdivision

Listing ID

791754

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Interior Features

Exterior Features

Sewer:Public Sewer
Principal Interest
$5,249
Taxes
$606

Home Price

$950,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,248.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,248.61 $605.63 $0.00 $5,854.24
Yearly $62,983.36 $7,267.50 $0.00 $70,250.86
Total $1,889,500.74 $218,025.00 $0.00 $2,107,525.74

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:26:25.000Z

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