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$1,300,000 Just Listed
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Property Description
Incredible investment opportunity! Excellent location for flex space. The interior of the property boasts 3 offices, a lobby/reception area, kitchen and bath as well as approx 2,500 sqft of warehouse space with two 10x10 bay doors. The exterior boasts a fended in lay down yard and Thomas Drive frontage. Currently occupied by a general contractor tenant with income of $6,500/month NNN. Present lease term ends at the end of 2026. Great opportunity for retail, auto repair, contractors and more. Rare find in a location like this!
Full Property Details
Full Property Details for 8416 Thomas Dr
General
- Price: $1,300,000
- Status: Active
- Type: Commercial Service
- Source: Bay_County
- MLS ID: 785151
- Updated: 2/12/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Auto Service
Location
- County: Bay
- Subdivision: Bel Air
- Driving Directions: Front Beach Road head west on Thomas Drive. Property will be on the north side of Thomas Drive just west of Ocean Street and before Joan Avenue.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Structural Information
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632.4
- Lot Size: .29
Disclosures and Reports
- Legal Description: BEL AIR LOTS 29 & 30 BLK 8 ORB 4663 P 1134
- Property ID: 30327-000-000
Listed by CENTURY 21 Commander Realty
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Schools
Schools serving 8416 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 | 2.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3.4 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 8416 Thomas Dr
Date
Details
Price
Change
Source
2/12/2026
Listed
$1,300,000
62.5%
MLS
3/01/2023
Sold
$800,000
—
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 8416 Thomas Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,254
-4%
$427,377
—
2024
$5,467
-2%
$428,570
—
2023
$5,573
42%
$429,778
—
2022
$3,931
50%
$430,985
105%
2021
$2,626
—
$210,002
18%
2021
$2,626
19%
$177,264
11%
2019
$2,212
9%
$160,304
10%
2018
$2,024
-2%
$145,731
-1%
2017
$2,061
—
$147,700
2%
2016
$2,058
-2%
$144,737
—
2015
$2,108
-1%
$144,580
-1%
2014
$2,123
1%
$145,893
-11%
2013
$2,112
—
$163,705
—
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 8416 Thomas Dr
8416 Thomas Drive, Panama City, FL 32408 (MLS# 785151) is a Commercial Service property. 8416 Thomas Drive is currently listed for $1,300,000 and was received on February 12, 2026. Want to learn more about 8416 Thomas Drive? Do you have questions about finding other Commercial Service 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.

