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Dive-Focused Retail Space
For Sale
$285,000

1016 Thomas Drive, Panama City, FL 32408

CommercialSale, Panama City, FL

Property SizeContact for details
Lot Size0.01 Acres
Days on Market299

Property Features for 1016 Thomas Drive

General Information

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

Building Details

Number of units 1
Listing Agency: Emerald Coastal Inc
Listed By: Benjamin Alexander · License #3440102
Added: Dec 15, 2025 Changed: Oct 8 Last Checked: Oct 10 at 1:06AM
MLS# 394139

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This business-only offering presents an operating dive shop with more than 20 years of local history. The package includes retail dive equipment and accessories, rental gear, an established brand, an operational website, and a modern POS system. The business also includes its commercial client database and longstanding SDI certification accounts.

Located at 1016 Thomas Drive in Panama City, the shop is directly across the street from the U.S. military dive-training base identified in the listing. The operation is supported by existing commercial relationships and repeat customers, with the seller offering the business as a complete operating package.

Key Highlights

  • Business operating for 20+ years
  • Retail inventory of dive equipment and accessories included
  • Rental gear included with the business

Property Analytics

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Current Use

ContractorsPanamaCity.com Construction Company IDS Contractor Services Construction Company posPROstore Accounting Software Company Chapman Media Gulf ... Marketing & Advertising A Great Gutter Company Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Shops & Services 21% Hotels & Casinos 10%
Burger King Dining
4,223 visits/mo 0.0 miles
Dunkin' Donuts Dining
3,671 visits/mo 0.1 miles
The UPS Store Shops & Services
3,409 visits/mo 0.0 miles
Dick's Wings & Grill Dining
2,187 visits/mo 0.1 miles
La Quinta by Wyndham PCB Coastal Palms Hotels & Casinos
1,594 visits/mo 0.1 miles

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Business-only offering with retail inventory, rental equipment, website, POS system, and established certification accounts.
Where is this retail space located?
The property is located at 1016 Thomas Drive 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: Business operating for 20+ years; Retail inventory of dive equipment and accessories included; Rental gear included with the business
More about this property
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