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  • Price$1,675,000
  • SQ. Feet7,600
  • Acres0.77
  • Built2004

3123 Thomas Drive, Panama City Beach

Fantastic investment opportunity in Panama City Beach. Lagoon Plaza is located on south Thomas Drive at the west entry gate to Bay Point and just north of Captain Anderson's and the signalized intersection of North Lagoon Drive. Call for detailed financials and lease information. Please do not disturb the tenants. The building had minor damage from Hurricane Michael, and the repairs are now complete. The seller has also installed a new roof. Call for detailed financials and lease information. Please do not disturb the tenant

Essential Information

  • MLS® #681545
  • Price$1,675,000
  • Square Footage7,600
  • Acres0.77
  • Year Built2004
  • TypeCommercial Sales
  • Sub-TypeIncome Producing
  • StyleCommercial
  • StatusActive


  • UtilitiesElectric 220/240, Electric On Site, Phone, Public Sewer, Public Water, TV Cable, All Utilities, Gas - Available


  • Lot DescriptionCorner Location
  • ConstructionFloor - Concrete, Floor - Tile, Floor - W/W Carpet, Roof - Metal, Siding - Stucco, Wood/Frame, Roof - Dimensional Shg, Roof - Membrane, Foundation - Slab on Grade

Additional Information

  • Date ListedMarch 20th, 2019
  • Days on Market677
  • ZoningCommercial, County
  • HOA$0

Community Information

  • Address3123 Thomas Drive
  • Area03 - Bay County - Beach
  • SubdivisionNo Named Subdivision
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32408


  • HeatingAC - Entire

School Information

  • ElementaryPatronis
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeCounts Real Estate Group Inc

Price Change History for 3123 Thomas Drive, Panama City Beach, FL (MLS® #681545)

Date Details Price Change
Price Increased $1,675,000 $50,000 (3.08%)
Price Reduced (from $1,790,000) $1,625,000 $165,000 (9.22%)
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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