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Harrison Lilly Team

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

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2209 Thomas Dr , Panama City, FL 32408
$1,490,000
Est. Payment: $8,232.04/mo
2430 Sqft
1.15 Acres
Status: Active | Days on site: 183
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WJBR - B12785,B12319
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Harrison Lilly Team
Owner/Operator

House Description

This well-located commercial property, formerly a bank, offers a unique opportunity for office, restaurant, or retail use. The building features a solid, professional layout with excellent visibility, easy access, and ample parking—ideal for businesses seeking a high-profile location. Inside, the space offers generous square footage, open areas suitable for customer-facing operations, and multiple private offices or rooms that can be reconfigured to meet your needs. High ceilings, strong infrastructure, and an efficient floor plan make the property adaptable for a wide range of business concepts, from professional offices to dining or retail establishments. The former bank design provides added value with features such as a welcoming lobby, secure areas, and durable construction, allowing for cost-effective conversion. Whether you're looking to establish a corporate office, medical or professional services, a restaurant, or a retail storefront, this property offers the flexibility and visibility to support your success. Endless possibilities in a proven commercial location.

Highlights

Listed by Steven Bowman , 850-865-2801 and Diane D Briley , 334-805-7158 Weichert Realtors JBR Legacy Group , 334-794-7211. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
1.15

Year Built

1985

County

Bay

Area

03 - Bay County - Beach

Neighborhood

No Named Subdivision

Listing ID

782932

Questions about this listing?

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Interior Features

Exterior Features

Zoning:General Commercial
Principal Interest
$8,232
Taxes
$950

Home Price

$1,490,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$298,000
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:
$8,232.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,232.04 $949.88 $0.00 $9,181.91
Yearly $98,784.42 $11,398.50 $0.00 $110,182.92
Total $2,963,532.74 $341,955.00 $0.00 $3,305,487.74

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, 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: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS