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  • Price$725,000
  • SQ. Feet3,864
  • Acres0.04
  • Built2008

4032 Thomas Drive, Panama City Beach

Valuable Commercial Property in High Traffic Area producing lease income in this multi-unit Office/Retail building w/ ADA restrooms. All glass commercial fronts with 4 bays, front and back doors each unit, two driveways for easy access and flow through. Good tenant history, lowest time left on any lease is one year (renewable), in the event new owner wishes to occupy. At time of listing, the building was maintenance free (minor storm repairs) with annual income of $62,635.20 (including tax and maintenance fee for lighting and parking lot). Each unit has electric meter. The bays vary in size from 700-/+ to 1200sf, there is a full laundry service facility with commercial water management and equipment that convey with sale. This property can be divided into Commercial Condos.

Essential Information

  • MLS® #678339
  • Price$725,000
  • Square Footage3,864
  • Acres0.04
  • Year Built2008
  • TypeCommercial Sales
  • Sub-TypeOffice
  • StyleCommercial
  • StatusActive


  • UtilitiesElectric 220/240, Electric, Electric On Site, Phone, Public Sewer, Public Water, Other - See Remarks, Florida Sales Tax, Internet - Broadband Available


  • Lot DescriptionLevel, Site - Strip Mall, Other - See Remarks
  • ConstructionBlock, Concrete, Floor - Concrete

Additional Information

  • Date ListedDecember 7th, 2018
  • Days on Market163
  • ZoningCommercial, General Commercial
  • HOA$0

Community Information

  • Address4032 Thomas Drive
  • Area03 - Bay County - Beach
  • SubdivisionTreasure Island
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32408


  • # of Stories2

School Information

  • ElementaryPatronis
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeGulf Real Estate
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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