
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us
4010 Thomas Drive, Panama City Beach, FL 32408
Share Listing
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$900,000
Share Listing
Home Details for 4010 Thomas Drive
Price
$900,000
Type
Commercial/Industrial
Sq. Ft.
18730
Lot Size
0.43
County
Bay
MLS®️ Listing#
951491
On exitrealty.com
437 days
Property Description
Introducing an unparalleled opportunity for developers and investors alike: a prime commercial parcel nestled in the heart of Thomas Dr. with tons of visibility from the highway. This meticulously regulated zone boasts a maximum height allowance of 230 feet, providing the canvas for innovative vertical development that maximizes both space and potential. The parcel is across the Boating Marina, high end restaurants and nearby beach access. Situated within Tax District 56, this property enjoys the benefits of county limits, offering a strategic location with access to essential infrastructure and amenities. With a lot size meticulously defined, developers can envision their projects with precision, optimizing every inch of the available space. allows for a multitude of R1-5 uses, extending from the beach line. From boutique shops to vibrant eateries, the possibilities for commercial ventures are as diverse as the coastal landscape itself. What sets this property apart is its unique stipulation on coverage: only 75% of the lot may be utilized for pavement, sidewalks, and infrastructure. This requirement fosters a harmonious blend of urban functionality and aesthetic appeal, ensuring that development maintains a balance between utility and environmental consciousness. Upon establishing the building footprint, developers are granted a designated usable space. Within this boundary, creativity knows no bounds, as 75% of the area can be fully utilized to realize the vision for the property. Whether crafting a sleek office tower, a chic retail hub, or a dynamic mixed-use complex, the potential for transformative development is boundless.
In summary, this commercial parcel offers more than just a piece of landit presents an opportunity to shape the skyline and redefine the fabric of the community. With its strategic location, meticulous zoning regulations, and expansive potential, this property stands as a beacon for those seeking to leave a lasting mark on the coastal landscape.
Read more
Listing Courtesy: Coldwell Banker Realty - 850-650-4563
IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.
See average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Emerald Coast Association of Realtors.
See several nearby properties
EXIT REALTY ANCHOR SOUTH
1992 Lewis Turner Blvd Suite 1226, Fort Walton Beach, FL 32547
See properties nearby this listing
Compare the values of homes nearby
$900,000
Share Listing
EXIT REALTY ANCHOR SOUTH
1992 Lewis Turner Blvd Suite 1226, Fort Walton Beach, FL 32547