6908 Thomas DrPanama City, FL 32408

This exceptional Panama City Beach commercial property, located at 6908 Thomas Drive, presents a unique investment opportunity. The 6,500 square foot building, constructed in 1979 and extensively renovated in 2021, sits on a substantial .95-acre lot (41,382 sq ft) encompassing seven parcels. Boasting 100 feet of frontage on Thomas Drive, extending to Beach Drive and Upas Street, the property offers unparalleled visibility and access. Zoned C-1 Neighborhood Commercial, it allows for diverse development options, including a maximum building height of 35 feet, 15 units per acre density, and a 100% floor area ratio. The property's location, just 800 feet from the Gulf of Mexico, is surrounded by thriving businesses, high-rise condos, and public beach access, ensuring high traffic and visibility. The building itself features three upstairs office/storage rooms and is not located in a flood zone. The asking price is $2,300,000. Previous use was a bar/restaurant