Entity Owned Property summary
This exceptional 2.37-acre commercial land parcel presents a unique investment opportunity in Panama City Beach, Florida. Located at 298 Thomas Drive, this fully entitled site boasts 380 feet of frontage along the major thoroughfare, offering unparalleled visibility and accessibility. The property is zoned General Commercial (C3) and comes with approved development orders, significantly streamlining the development process. Complete due diligence materials are available for review. Detailed… plans for a 124-unit extended-stay hotel are already in place, providing a clear path to immediate development. The strategic location offers proximity to numerous amenities, including nearby schools, marinas, and the renowned Emerald Coast beaches. Its advantageous position across from the NSA Panama City/Naval Service Warfare Center and less than three miles from Publix Sports Park, Florida State University-Panama City, and Gulf Coast State College ensures high visibility and strong potential for future growth. This is a rare chance to acquire a fully permitted and planned development site in a prime location, ready for immediate construction. The asking price for this exceptional property is $2,232,000. Don't miss this opportunity to capitalize on the thriving Panama City Beach market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 2.37 ac
- Stories
- 1
- APN
- 27916-015-000
- Zoning
- BC05
- Assessed value · 2023
- $1,031,064
- Annual tax · 2023
- $12,891
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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