Financial
Distress signals
Property profile

2209 Thomas Dr Panama City Beach, FL 32408

FOR SALE
Banks
Property ID
US18-8990509
2,430 SF 1.15 ac lot Built 1985
Last sale Jun 2021 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a 2,430-square-foot former bank building configured for potential commercial uses including office, restaurant, or retail. It includes a lobby-style entry area, secure/controlled-use interior spaces typical of bank construction, and a professional interior layout with open areas that can support customer-facing functions as well as private offices or rooms that can be reconfigured. The building has high ceilings and an efficient floor plan with infrastructure suitable for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$722k
Assessed land$501k
Assessed improvement$221k
Effective rate1.26%

Value estimate

· Sep 2026
$925k
$833k – $1.02M
AI approach$875k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BC05
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.0
Parking Facility10.4
Law Firm9.6

Location

2209 Thomas Dr Panama City Beach, FL 32408
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4809 Thomas, Panama City Beach, FL 32408-6917 $1,200,000 Apr 2024 5,062 SF
5900 Thomas, Panama City Beach, FL 32408-5612 $2,300,000 Oct 2022 2,476 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message