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  • Price$2,400,000
  • Acres1.00
  • Built2008

1114-1120 Thomas Drive, Panama City Beach

The structure is a Class A, Retail/Office, 6,901 square feet building with tremendous upside. It is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one-piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The building consists of 2 units with one at 4985 square feet and the other at 1916 square feet. Taylor's Restaurant (previously Egg & I Restaurant) currently occupies the 4985 square feet unit. They are currently in their 3rd 5-year lease term. Realty One Group of the Emerald Coast occupies the remaining 1916 square feet of the building. They have a 2-year lease which started Sept 2023.

Essential Information

  • MLS® #666940
  • Price$2,400,000
  • Bathrooms0.00
  • Acres1.00
  • Year Built2008
  • TypeCommercial Sale
  • Sub-TypeOther
  • StatusActive

Interior

  • Stories1

Additional Information

  • Date ListedJanuary 17th, 2018

Community Information

  • Address1114-1120 Thomas Drive
  • Area03 - Bay County - Beach
  • SubdivisionCoastal Palms Commercial
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32408

School Information

  • ElementaryPatronis
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeVarnes Realty

Price Change History for 1114-1120 Thomas Drive, Panama City Beach, FL (MLS® #666940)

Date Details Price Change
Price Increased (from $2,100,000) $2,400,000 $300,000 (14.29%)
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service