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$1,490,000
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Property Description
This well-located commercial property, formerly a bank, offers a unique opportunity for office, restaurant, or retail use. The building features a solid, professional layout with excellent visibility, easy access, and ample parking-ideal for businesses seeking a high-profile location. Inside, the space offers generous square footage, open areas suitable for customer-facing operations, and multiple private offices or rooms that can be reconfigured to meet your needs. High ceilings, strong infrastructure, and an efficient floor plan make the property adaptable for a wide range of business concepts, from professional offices to dining or retail establishments. The former bank design provides added value with features such as a welcoming lobby, secure areas, and durable construction, allowing for cost-effective conversion. Whether you're looking to establish a corporate office, medical or professional services, a restaurant, or a retail storefront, this property offers the flexibility and visibility to support your success. Endless possibilities in a proven commercial location.
Full Property Details
Full Property Details for 2209 Thomas Dr
General
- Price: $1,490,000
- Status: Active
- Type: Office
- Source: Bay_County
- MLS ID: 782932
- Updated: 12/23/2025
- Added to Site: 24 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From Thomas Drive and Hwy 98, S on Thomas Drive pass Navy Base. Property located on left.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Structural Information
- Year Built: 1985
Lot Features
- Lot Size (Acres): 1.15
- Lot Size (Sq. Ft.): 50,094
- Lot Size: 1.15
- Zoning: General Commercial
Disclosures and Reports
- Legal Description: GREENTREE UNIT 1 LOTS 3 & 4 SUBJ TO & TOG WITH ESMT ORB 4423 P 1407
- Property ID: 30153-025-000
Listed by Weichert Realtors JBR Legacy Group
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Schools
Schools serving 2209 Thomas Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 0.8 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2209 Thomas Dr
Date
Details
Price
Change
Source
12/23/2025
Listed
$1,490,000
41.9%
MLS
6/22/2021
Sold
$1,050,000
—
Public Record
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 2209 Thomas Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,073
—
$722,026
—
2023
$9,091
20%
$721,960
13%
2022
$7,588
19%
$638,734
24%
2021
$6,356
—
$513,338
—
2021
$6,356
4%
$515,311
7%
2019
$6,133
-1%
$481,562
1%
2018
$6,185
-1%
$478,114
—
2017
$6,250
—
$480,087
2%
2016
$6,260
-1%
$472,033
2%
2015
$6,334
1%
$464,806
1%
2014
$6,287
12%
$461,779
—
2013
$5,616
—
$463,752
—
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 2209 Thomas Dr
2209 Thomas Drive, Panama City, FL 32408 (MLS# 782932) is a Office property. 2209 Thomas Drive is currently listed for $1,490,000 and was received on December 24, 2025. Want to learn more about 2209 Thomas Drive? Do you have questions about finding other Office 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.

