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  • Price$3,800,000
  • Acres1.00
  • Built2008

912-948 Thomas Drive, Panama City Beach

The Coastal Palms Village Strip Center is a Class A, Retail/Office, 16,169 rentable SF building with tremendous upside. The strip center 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 strip center consists of 10 units with various square footage. Currently 90% of space is occupied. Tenants include Dunkin Donuts, Nick''s Cleaners, Fatty's Sandwich Shop, Cool Vapors, Nephrology Associates, Fade Away, Fatty Patty's Restaurant and Bakery, and Rose Nails. One space is Vacant and is Available. Current annual income at 90% is $262,676. Add an additiona

Essential Information

  • MLS® #666936
  • Price$3,800,000
  • Bathrooms0.00
  • Acres1.00
  • Year Built2008
  • TypeCommercial Sale
  • StatusActive


  • Stories1

Additional Information

  • HOA$0

Community Information

  • Address912-948 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
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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