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1114-1120 Thomas Drive, Panama City Beach, FL 32408

$2,200,000
  • 1114-1120 Thomas Drive, Panama City Beach, FL 32408 Main Photo

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Active
SQUARE FEET7,487 MLS#783178
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONCoastal Palms Commercial

Property Description

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 ends Sept 2025.

1114-1120 Thomas Drive | MLS# 783178

This commercial property located at 1114-1120 Thomas Drive, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $2,200,000. Search Panama City Beach real estate on www.premierfl.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 1.00 Acres
Year Built: 2008

Feature Descriptions

Days on Site: 150
Parcel#: 30159-400-114

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: Varnes Realty

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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