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1114-1120 Thomas Drive Panama City Beach, FL 32408

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For Sale
$2,200,000

Class A building with two units and ample parking.

Type:Commercial
Property size:
7,487 SF
Lot size:
1.00 Acre
Added:
Jan 4, 2026
Days on Market:
106
Last Refresh:
Apr 5 at 8:26 pm

Property Features for 1114-1120 Thomas Drive

General Information

Standard status
Active
Size
7,487 SF
Lot size
1.00 Acre
Property subtype
Commercial

Building Details

Year Built
2008

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Listing Contact
KEN J VARNES

Listing agent KEN J VARNES License #BK603891

Listing office VARNES REALTY

Listing date Jan 4, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of VARNES REALTY


Overview

Retail/Office Building on Thomas Drive

This Class A retail/office building offers 6,901 square feet of space and presents significant potential. Constructed with concrete poured block and steel beam-supported ceilings, the building features a tile roof with a one-piece rubber membrane. A complete fire sprinkler system is in place and monitored 24/7. The property includes ample parking and prominent signage on Thomas Drive. The building is divided into two units: one unit comprises 4,985 square feet, and the other contains 1,916 square feet. Taylor's Restaurant, formerly known as Egg I Restaurant, currently occupies the larger unit and is in its third 5-year lease term. Realty One Group of the Emerald Coast occupies the remaining space under a 2-year lease that expires in September 2025. The property is situated on a 7,487 square foot lot.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Real Estate Agency Nail Salon Food Market Daycare Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Panama City Beach
County
Bay
State
Florida
Longitude
-85.7605
Latitude
30.1743

FAQs

What type of property is this?
Retail space - Class A building with two units and ample parking.
Where is this retail space located?
The property is located at 1114-1120 Thomas Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: High‑quality Class A building with retail/office space.; Fully leased with established tenants: **Taylor's Restaurant and Realty One Group.**; **Strong income potential** with existing leases in place.
More about this property
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