1711 S Thomas Drive, Panama City, FL 32408

Building Details

Year Built

1981

Listing agent Andy Gonsalves License #Bk409063

Listing office Counts Real Estate

Listing date Oct 1, 2024

Source Crexi

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 Counts Real Estate

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Overview

This investment property features a premier location with a road front building currently occupied by a long-term retail tenant, as well as multiple residential rental units in two rear buildings. The property offers a strong, long-term rental income stream from the front retail building, presenting an opportunity to redevelop the rear apartments to increase future income. The property is located immediately south of the Navy Base and Coast Guard Training station, benefiting from a very high daily traffic count. The property size is 2700 square feet. Seller financing may be possible with acceptable price and terms.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Panama City

County

Walton

State

Florida

Longitude

-85.7568608

Latitude

30.1679613

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FAQs

What type of property is this?

Retail space - Retail and residential income property with redevelopment opportunities.

Where is this retail space located?

The property is located at 1711 S Thomas Drive Panama City, FL.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Premier location immediately south of the Navy Base and Coast Guard Training station with very high traffic count.; Strong long‑term rental income from the front retail building.; Opportunity to redevelop rear apartments to increase future income stream.