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8602 Thomas Dr Panama City Beach, FL 32408

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For Sale
$2,500,000

2-acre redevelopment site on Thomas Drive near beach access.

Source: Kevin Williams, CCIM Agent Kevin Williams, CCIM

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


Overview

Panama City Beach Redevelopment Site

This 2-acre property is a prime redevelopment site located on Thomas Drive in east-end Panama City Beach. It features 350 feet of frontage on Thomas Drive and is situated 465 feet from public beach access #24. The site currently operates as Emerald Falls Family Recreation Center, offering go-karts, mini-golf, an arcade, and outdoor attractions. Thomas Drive functions as Panama City Beach's entertainment and retail corridor. The property is positioned minutes from Shipwreck Island, Ripley's Believe It or Not, WonderWorks, and Pier Park. All utilities are available to the site. This large, improved parcel includes existing parking and access, making it suitable for mixed-use development, a restaurant, a resort, or high-density residential conversion. Its location in a high-visibility leisure and commercial corridor serves both local residents and tourists throughout the year, with close proximity to marinas and St. Andrews State Park.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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
-85.7879893
Latitude
30.1673739

FAQs

What type of property is this?
Storefront property - 2-acre redevelopment site on Thomas Drive near beach access.
Where is this storefront property located?
The property is located at 8602 Thomas Dr Panama City Beach, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - Prime redevelopment site on Thomas Drive, part of Panama City Beach's entertainment/retail spine.; - Large, improved 2-acre parcel with existing parking and access.; - 350' Frontage on Thomas Drive.
More about this property
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