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$749,000
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Property Description
Rare Commercial Opportunity on Thomas Drive - 1 Acre in Panama City Beach! Now's the time to lock in a valuable piece of PCB's booming future. Located in one of the highest-traffic corridors of Panama City Beach, this 1-acre commercial parcel at 1735 Thomas Drive offers unmatched visibility, accessibility, and development potential. Zoned commercial and surrounded by established businesses, this prime property is ideally positioned just minutes from the beach, the Navy Base, and Grand Lagoon. With approximately 100 feet of road frontage on Thomas Drive, this site delivers excellent exposure to daily commuters, beachgoers, and year-round visitors. Whether you're a developer aiming to establish a retail strip, restaurant, or office complex-or an investor seeking prime land in a rapidly growing market-this is your opportunity to secure a strategic stake in Panama City Beach's continued growth. Opportunities like this are few and far between. Don't miss your chance to build something remarkable in one of the Gulf Coast's most dynamic corridors. Call today and turn possibility into progress!
Full Property Details
Full Property Details for 1735 Thomas Dr
General
- Price: $749,000
- Status: Active
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 775439
- Updated: 3/19/2026
- Added to Site: 121 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Traveling west from Hathaway Bridge - turn right onto Thomas Dr/Navy Blvd. Continue for 1.5 miles, property will be on the left across from the Marathon gas station.
Community
- Community Name: 03 - Bay County - Beach
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Size: 1
- Frontage: County Road, Paved
- Zoning: County, Commercial, General Commercial
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 4 4S 15W -10.2- 69B BEG 1069.45' E & 798.68' SE OF NW COR OF SW1/4 TH E 200' SE 100' W 200' NW 100' TO POB ORB 4286 P 929
- Property ID: 30161-020-000
Listed by Think Real Estate
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Schools
Schools serving 1735 Thomas Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 0.5 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 4.4 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 1735 Thomas Dr
Date
Details
Price
Change
Source
3/19/2026
Price Reduced
$749,000
-5.79%
MLS
12/15/2025
Price Reduced
$795,000
-6.47%
MLS
6/19/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1735 Thomas Dr
1735 Thomas Drive, Panama City, FL 32408 (MLS# 775439) is a Commercial Land property with a lot size of 1 acre. 1735 Thomas Drive is currently listed for $749,000 and was received on January 08, 2026. Want to learn more about 1735 Thomas Drive? Do you have questions about finding other Commercial Land real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

