4010 Thomas Drive Panama City Beach, FL 32408

This exceptional 0.45-acre commercial development parcel in Panama City Beach, Florida (32408), presents a unique investment opportunity. Located on Thomas Drive, this property boasts unparalleled visibility and proximity to a bustling marina, high-end restaurants, and the beach. The parcel is zoned for a multitude of uses (R1-5), extending from the beach line, allowing for diverse commercial ventures such as boutique shops, restaurants, or a mixed-use complex. With a maximum building height of 230 feet, developers can maximize space and create innovative vertical developments. The property is situated within Tax District 56, benefiting from county limits and access to essential infrastructure. Zoning regulations mandate that only 75% of the lot can be used for pavement, sidewalks, and infrastructure, promoting a balance between urban functionality and environmental consciousness. Once the building footprint is established, 75% of that area can be fully utilized for development. This meticulously regulated parcel offers developers a precise canvas to create a lasting impact on the community. The asking price is $1,200,000. This is more than just land; it's a chance to shape the future of Panama City Beach.