Restaurant Retail Unit with Dual
For Sale
$305,865
R-11-9860 S Thomas Dr, Panama City Beach, FL 32408
Retail unit operating as a restaurant with two entrances facing Thomas Drive and the lake, plus on-site parking.
Property SizeContact for details
Days on Market351
Property Features for R-11-9860 S Thomas Dr
General Information
Standard status
Active
Listing Agency:
Coastal Living Realty & Associates
Listed By:
Denise Hindes
(404) 401-2444
Source:
Exprealty
Added: Sep 23, 2025
Changed: Aug 20
Last Checked: Sep 7 at 12:46PM
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 Coastal Living Realty & Associates
Investment Insights
Based on property information with market context.
This retail unit is currently established as a restaurant and is available for sale with owner financing available. The space includes two entrances, with one facing Thomas Drive and one facing the lake, and offers plenty of on-site parking for customers. The unit can also be retrofitted for other retail uses.
The property is part of Laketown Wharf, which is described as having over 700 residential units. The location also serves short-term vacation renters, and the unit faces Thomas Drive near a busy intersection in Panama City Beach.
As configured, the storefront provides a restaurant-ready layout with dual access points, supporting visibility from both the street-facing and lake-facing sides.
The property is part of Laketown Wharf, which is described as having over 700 residential units. The location also serves short-term vacation renters, and the unit faces Thomas Drive near a busy intersection in Panama City Beach.
As configured, the storefront provides a restaurant-ready layout with dual access points, supporting visibility from both the street-facing and lake-facing sides.
Key Highlights
- Retail unit operating as a restaurant at Laketown Wharf
- Two entrances—one facing Thomas Drive and one facing the lake
- Unit faces Thomas Drive and is positioned at a busy intersection in Panama City Beach
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
22k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 42%
Hotels & Casinos 16%
Taco Bell
Dining
9,251 visits/mo
0.1 miles
Dollar General
Shops & Services
6,411 visits/mo
0.1 miles
Exxon
Shops & Services
2,649 visits/mo
0.4 miles
Fairfield Inn & Suites by Marriott Panama City Beach
Hotels & Casinos
1,893 visits/mo
0.5 miles
Home2 Suites
Hotels & Casinos
1,506 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Retail unit operating as a restaurant with two entrances facing Thomas Drive and the lake, plus on-site parking.
Where is this conventional restaurant located?
The property is located at R-11-9860 S Thomas Dr Panama City Beach, FL.
What is the asking price?
The asking price for this property is $305,865.
What are key features of this property?
This property features: Retail unit operating as a restaurant at Laketown Wharf; Two entrances—one facing Thomas Drive and one facing the lake; Unit faces Thomas Drive and is positioned at a busy intersection in Panama City Beach
