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    1016 Thomas Dr, Unit 104 Panama City, FL 32408

    Sponsored
    For Sale
    $285,000

    COMMERCIAL - Panama City, FL

    Lot size:
    0.01 Acres
    Days on Market:
    25
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 1016 Thomas Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.01 Acres

    Building Details

    Number of units
    1

    Emerald Coastal Inc (850) 588-3984

    Listing agent Benjamin W Alexander (850) 588-3984 License #3440102

    Listing date Dec 15, 2025

    Copyright © 2025 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Dive Shop Business Opportunity

    This is a rare opportunity to own a highly respected, long-standing dive shop business located in Panama City Beach. The full-service shop has been operating successfully for over 20 years and is positioned directly across the street from the only U.S. military dive-training base. The owner is retiring and offering a complete, turn-key package. The sale includes a full inventory of retail dive equipment and accessories, all rental gear, an established brand name and fully operational website, a modern POS system and operational infrastructure, and transfer of the commercial client database, including longstanding SDI certification accounts. The business has a proven reputation with decades of local trust and repeat business. This dive shop offers incredible potential for continued growth. This business opportunity is located at 1016 Thomas Drive, Unit 104, Panama City, FL 32408. The lot size is 0.01 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ContractorsPanamaCity.com General Contractor IDS Contractor Services General Contractor posPROstore Accounting Software Company Chapman Media Gulf ... Advertising Agency A Great Gutter Company Gutter Service

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Clothing Store Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.760646
    Latitude
    30.175576

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    FAQs

    What type of property is this?
    Retail space - Turn-key dive shop for sale in Panama City Beach.
    Where is this retail space located?
    The property is located at 1016 Thomas Dr, Unit 104 Panama City, FL.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Turn-key dive shop business opportunity with 20+ years of successful operation in Panama City Beach.; - Prime location directly across from the only U.S. military dive-training base, ensuring consistent customer traffic.; - Includes full inventory of retail and rental dive equipment, a modern POS system, and a fully operational website.
    (850) 519-1871
    Request Owner's contact information
    1016 Thomas Dr, Unit 104 Panama City, FL 32408
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    Panama City, FL 32408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1016 Thomas Dr, Unit 104 Panama City, FL 32408
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