3702 Thomas Dr Panama City Beach, FL 32408-7318
This exceptional Bay County property at 3702 Thomas Drive offers two stunning executive office suites, each boasting 1,000 square feet of space. Located in a high-traffic area with captivating lagoon views and close proximity to the beach, this two-story building presents a unique opportunity. Built in 1987, the 4,860 square foot building features a total of four suites, with 2,000 square feet currently available. Each available suite includes a full bathroom and a kitchenette or break room, providing a comfortable and functional workspace. The owner is open to customizing the space to meet specific tenant requirements, demonstrating a commitment to tenant satisfaction. The strategic location on Thomas Drive ensures high visibility and accessibility, making it an ideal location for businesses seeking a prestigious address. This is a rare opportunity to secure prime office space in a highly desirable beachfront location. The building's multiple suite configuration allows for flexibility, catering to businesses of varying sizes. Don't miss this chance to establish your business in this exceptional setting. Contact the property owner directly to schedule a viewing and discuss lease terms.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BC05 · Panama City Beach, FLPanama City Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.