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$950,000
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Property Description
🚨 PRIME COMMERCIAL LOT IN THE HEART OF PANAMA CITY BEACH 🚨 High-Traffic Location | Tourism Corridor | Development Opportunity Position your business in one of the most traveled and recognized tourist destinations on the Gulf Coast. This highly visible commercial parcel sits directly in the center of Panama City Beach's entertainment and tourism district, surrounded by major attractions, restaurants, hotels, and year-round visitor traffic. Property Highlights ✅ Daily Traffic Counts of Approximately 19,000 Vehicles ✅ Located Across from Ripley's Believe It or Not! and WonderWorks ✅ Minutes from Beaches, Resorts, Restaurants, and Entertainment Venues ✅ 90 Feet of Frontage on Thomas Drive ✅ Approximately 0.57 Acres ✅ Commercial Zoning ✅ Utilities Available ✅ City Road Access ✅ Exceptional Visibility for New Business Development Ideal Uses "¢ Retail Center "¢ Restaurant or Café "¢ Entertainment Venue "¢ Tourism-Focused Business "¢ Medical or Professional Offices "¢ Service-Based Business "¢ Mixed Commercial Development Investor Opportunity The property line extends beyond the existing rear fence, creating additional development flexibility and future income potential. There may also be opportunities associated with the adjacent building area, offering added value for investors and developers seeking a strategic PCB location. With tourism continuing to drive growth in Panama City Beach, opportunities to acquire commercially positioned land in this corridor are becoming increasingly limited. 📈 Build where customers already are.
Full Property Details
Full Property Details for 9823 Thomas Dr
General
- Price: $950,000
- Status: Active
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 791754
- Updated: 6/23/2026
- Added to Site: 41 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: west on front beach rd left on Thomas dr, property will be on your right across from Ripleys believe it or not
Community
- Community Name: 03 - Bay County - Beach
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Additional Structures
- Other Structures: See Remarks, Storage
Lot Features
- Lot Size (Acres): 0.57
- Lot Size (Sq. Ft.): 24,394
- Lot Size: .57
Disclosures and Reports
- Legal Description: 36 3S 16W-46-47D4- BEG SW COR OF SE1/4 OF SE1/4 N 300' M/L TO S.R. 392 E 90' ON 392S TO S LINE SEC W TO BEG ORB 861 P 882 ORB 4137 P 2220
- Property ID: 34859-000-000
Listed by World Impact Real Estate
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Schools
Schools serving 9823 Thomas Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 1.3 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9823 Thomas Dr
Date
Details
Price
Change
Source
6/23/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 9823 Thomas Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,560
—
$600,801
-2%
2024
$6,560
2%
$614,610
—
2023
$6,402
37%
$614,610
43%
2021
$4,673
-18%
$428,737
-30%
2022
$5,718
22%
$614,610
65%
2021
$4,673
25%
$373,050
13%
2019
$3,732
1%
$329,490
3%
2018
$3,689
5%
$319,837
3%
2017
$3,522
3%
$310,680
4%
2016
$3,435
-3%
$298,800
—
2015
$3,543
29425%
$298,800
—
2014
$12
—
$298,800
—
2013
$12
—
$298,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 9823 Thomas Dr
9823 Thomas Drive, Panama City Beach, FL 32408 (MLS# 791754) is a Commercial Land property with a lot size of 0.57 acres. 9823 Thomas Drive is currently listed for $950,000 and was received on June 23, 2026. Want to learn more about 9823 Thomas Drive? Do you have questions about finding other Commercial Land real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

