Homes for sale - 4010 Thomas DR, Panama City Beach, FL 32408

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Nov

Sun

Nov

Mon

Nov

Andrew Turner

andrewturnerrealtor@gmail.com +1(850) 339-1715

$ 800,000

Est. payment | -/mo

0.43 Acres Lot

Save Virtual Tour

$ 800,000

Est. payment | -/mo

Save Virtual Tour

0.43 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Gulf Lagoon Beach

MLS Listing ID 758163

HOA Y/N No

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Commercial

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. Adhering to zoning regulations, the property 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. Building is in process of being torn down into raw land in the next 2-4 weeks.

Location

State FL

County Bay

Area 03 - Bay County - Beach

Interior

Fireplace No

Exterior

Utilities Available Sewer Available, Water Connected

Waterfront Description Lagoon

Water Access Desc Lagoon

Building

Sewer Public Sewer

Others

Tax ID 31618-200-000

Acceptable Financing Cash

Listing Terms Cash

Financing Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://youtu.be/6s-79EtC3Jc?si=Ru2HuwZlKhwJqLFi

Listed by Coldwell Banker Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 339-1715

andrewturnerrealtor@gmail.com

755b Grand Blvd 105286, Miramar Beach, Florida, 32550, USA

4010 Thomas DR Panama City Beach, FL 32408