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Restaurant Space with Equipment
For Sale
$417,000

R-9-9860 S Thomas Dr, Panama City Beach, FL 32408

A restaurant-ready interior includes equipment, on-site parking, and services supplied through the condominium association.

Property SizeContact for details
Days on Market10

Property Features for R-9-9860 S Thomas Dr

General Information

Standard status Active

Additional Details

Utilities to Site Yes
Listing Agency: Coastal Living Realty & Associates
Listed By: Denise Hindes
Source: Exprealty
Added: Oct 23 Changed: Oct 28 Last Checked: Nov 1 at 10:19AM

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

Rey
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Investment Insights

Based on property information with market context.

This restaurant space is built out and equipped, with an interior currently configured for a barbecue operation. It sits within an 800-unit mixed-use condominium community in Panama City Beach, with other large condominium complexes within walking distance.

On-site parking serves the property. The condominium association provides water, internet, cable, and garbage service.

Key Highlights

  • Restaurant interior is built out and equipped for a barbecue operation
  • Located within an 800‑unit mixed‑use condominium complex
  • Other large condominium complexes are within walking distance

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Dental Office Grocery & Convenience Store Law Firm Cafe & Coffee Shop Auto Parts Store

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby
22k
Monthly Visits Nearby
Balanced
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A restaurant-ready interior includes equipment, on-site parking, and services supplied through the condominium association.
Where is this conventional restaurant located?
The property is located at R-9-9860 S Thomas Dr Panama City Beach, FL.
What is the asking price?
The asking price for this property is $417,000.
What are key features of this property?
This property features: Restaurant interior is built out and equipped for a barbecue operation; Located within an 800‑unit mixed‑use condominium complex; Other large condominium complexes are within walking distance
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