1711 Thomas Dr Panama City Beach, FL 32408-5872
Property Lookup
Property profile & analytics
1711 Thomas Dr Panama City Beach, FL 32408-5872
- Outlet malls
- 2,700 SF
- 0.46 lot acres
Property ID
US18-1927141
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Outlet malls
Property Details for 1711 Thomas Dr
- Year built
- 1981
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.46 lot acres
- Property size
- 2,700 SF
- Zone code
- BC05
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 30161-015-000
- APU
- 30161015000
Description
This exceptional investment opportunity presents a 2-story, 2,700 square foot retail building situated on a substantial 19,602 square foot lot at 1711 S Thomas Drive in Panama City Beach, Florida (zip code 32408). Constructed in 1981, the property boasts a strong, long-term retail tenant occupying the road-front building, generating consistent rental income. In addition to the main retail space, the property includes multiple residential rental units in two rear buildings, providing further income streams. The current rental income from the retail and residential units offers a solid foundation for investment, with potential for significant future growth. The rear apartment units present a redevelopment opportunity to further increase the property's income potential. Showings require 24-hour notice due to current occupancy. This prime location is immediately south of the Navy Base and Coast Guard Training station, ensuring high daily traffic counts. The asking price is $1,750,000, and seller financing may be available, subject to terms and conditions. This property represents a rare chance to acquire a well-established, income-producing asset in a high-demand area with substantial upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Longitude
- -85.7569
- Latitude
- 30.1679
- CBSA code
- 37460
- CBSA name
- PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,835
$200,000
$180,253
$380,253
-
$200,000
$180,253
$380,253
