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Corner Office Suite
New
For Lease
$20 SF/Yr CAM $1,961 /USD/MO

8730 Thomas Drive, Panama City, FL 32408

CommercialLease, Panama City, FL

Space Size2,482 SF
Days on Market4

Property Features for 8730 Thomas Drive

General Information

Property type Commercial Lease
Property subtype Office
Zoning description General Commercial, Business
Subdivision Plazas Of St.Thomas I
Lot features Landscaped
Elementary school Breakfast Point
Middle school Breakfast Point
High school Arnold
Directions Intersection of Joan Drive and Thomas Drive - The Villas of St Thomas Square. The property is located at the NE corner of Thomas Drive and Joan Ave. The end unit, closest to US 98 and on the side where the new townhomes are being built.
Standard status Active
APN 30473-101-000
Size 2,482 SF

Taxes and HOA fees

Tax Description PLAZAS OF ST THOMAS I UNIT 1101-R ORB 1021 P 1476 ORB 4055 P1930
Legal Description PLAZAS OF ST THOMAS I UNIT 1101-R ORB 1021 P 1476 ORB 4055 P1930

Utilities

Heating system Central, Electric (Heating)
Cooling system Ceiling Fan(s)

Amenities

full kitchen
two bathrooms

Building Details

Year built 1985
Floors in Building 4
Number of units 1
Building materials Block, VinylSiding
Listing Agency: LoKation Real Estate
Listed By: Mihail I Stoyanov · License #BK3525922
Added: Oct 12 Last Checked: Oct 15 at 1:06AM
MLS# 796461

Copyright © 2026 Central Panhandle Association 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 2,482-square-foot office suite occupies a ground-level corner position. Its remodeled interior includes five private offices, a spacious reception area, a conference room, and rear storage space that can be adapted for office use. A full kitchen and two bathrooms are also part of the suite. Floor-to-ceiling windows bring natural light into the offices.

The property is on Thomas Drive, a short distance from the beach. The layout offers a mix of private work areas, shared meeting space, reception, and support areas. Potential applications cited for the space include professional offices, medical or outpatient services, wellness businesses, retail, and entertainment, subject to applicable approvals.

Key Highlights

  • 2,482 square feet of office space
  • Ground‑level corner unit
  • Five private offices and a large conference room

Property Analytics

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Current Use

Beach Dental Studio Dental Office Benchmark Management PCB Vacation Rental Panama City Beach ... Brewery & Distillery Lagoon Landings Vacation ... Vacation Rental Veteran Adjusters, Inc. Financial Advisor

Suggested Use

Top Pick Dental Office Auto Repair Shop Furniture & Home Goods Law Firm Gym & Fitness Center Bakery

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

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
View Realmo Analytics

Market

Lease Benchmarks for Panama City, FL

$18.61 /SF/Yr
Avg Asking Price
$5.87–$44.22 /SF/Yr
Price Range
33,055 SF
Avg Space Size

This space is priced 7% above the average of $18.61 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - A remodeled ground-floor layout includes private offices, a conference room, a kitchen, and two bathrooms.
Where is this office units located?
The property is located at 8730 Thomas Drive Panama City, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,482 square feet of office space; Ground‑level corner unit; Five private offices and a large conference room
More about this property
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