Contact David F. Ryder III
Schedule A Showing
Request more information
- Home
- Property Search
- Search results
- 5518 Thomas Drive, Panama City, FL 32408
- MLS#: 781168 ( Land )
- Street Address: 5518 Thomas Drive
- Viewed: 71
- Price: $1,500,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 90
- Additional Information
- Geolocation: 30.1453 / -85.7572
- County: BAY
- City: Panama City
- Zipcode: 32408
- Subdivision: Gulf Lagoon Beach
- Provided by: Local Insight Realty
- DMCA Notice
-
DescriptionThis is your chance to secure a rare development opportunity along the highly sought after Thomas Drive business corridor. An exceptional .51 acre site (three combined lots: 100' x 220') with frontage on Thomas Drive, Beach Drive, and Biltmore Drive. This unique configuration provides access from three road fronts, offering excellent visibility and accessibility for future development. Zoned C 1 (Neighborhood Commercial) allows for a wide range of commercial, mixed use, and multifamily opportunities Density: Up to 15 units per acre Not in a flood zone, yet just 500 feet from the Gulf of Mexico Gulf views possible from a multi story structure Surrounded by new homes, high rise condos, restaurants, close to public beach access (#9), and major attractions Ideal for commercial retail, short term rentals, townhomes, or a mixed use development A three story building on this site would capture breathtaking Gulf views, making it perfect for a boutique hotel, retail center, or luxury residential units. Buyer should verify all details related to this property. Property includes 3 parcels 32362 000 000; 31857 000 000; 31856 000 000
All
Similar
Property Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Covered Spaces
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- GULF LAGOON BEACH LOTS 1 & 2 BLK 16 ORB 4617 P 1904; BILTMORE BEACH LOT 2 BLK K ORB 4727 P 77; BILTMORE BEACH LOT 1 BLK K ORB 4727 P 77
Living Area
- 0.00
Area Major
- 03 - Bay County - Beach
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 32362-000-000
Pet Deposit
- 0.00
Property Type
- Land
Road Frontage Type
- CountyRoad
Security Deposit
- 0.00
The Range
- 0.00
Trash Expense
- 0.00
Utilities
- SewerAvailable
View
- Gulf
Views
- 71
Listing Data ©2026 Greater Fort Lauderdale REALTORS®
Listings provided courtesy of The Hernando County Association of Realtors MLS.
Listing Data ©2026 REALTOR® Association of Citrus County
Listing Data ©2026 Royal Palm Coast Realtor® Association
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on February 2, 2026 @ 12:00 am
©2006-2026 brokerIDXsites.com - https://brokerIDXsites.com

