Contacts

Property Details
- Property Type Other
- Lot Size 1.35 Acre
- Date Updated Jul 25, 2025
Colliers, as exclusive listing broker, is pleased to present the opportunity to acquire a 1.35-acre development site located at 6422 & 6430 Thomas Drive in Panama City Beach, FL. The property is located directly across the street from the white-sand beaches of Florida’s Panhandle and is centrally located in the rapidly growing coastal market of Panama City Beach in the Crescent Beach submarket. The site has 250 feet of direct frontage on Thomas Drive, a major northwest-to-southeast thoroughfare, which runs parallel to the beach, offering excellent visibility and accessibility to the future project. The property is comprised of two parcels of vacant land with grandfathered in SR-1A (Resort Mixed-Use District) zoning allowing for the development of up to 100 feet in building height and unlimited density for public lodging uses (hotel or condo-hotel). Previous plans on the site include a 160-unit condo-hotel / hotel project on the site that can be utilized for the development of the property.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Panama City Beach, FL
- Neighborhood Downtown Panama City Beach
- Zip Code 32408
- Market Pensacola
Points of Interest
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Murphy USA
0.69 miles
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Shell
0.75 miles
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Exxon
0.81 miles
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Chevron
1.00 miles
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Tom Thumb
1.11 miles
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Texaco
1.13 miles
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Mobil
2.02 miles
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Hyatt Place Parking
5.37 miles
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Tidewater Beach Resort
6.39 miles
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Beach Parking
7.63 miles
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Harvey De Mathis Park parking
7.90 miles
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Moondrifter Condominiums
0.10 miles
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Boardwalk Beach Resort by Royal American Beach Getaways- ONSITE Management
0.11 miles
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Campers Inn
0.14 miles
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Boardwalk Beach Resort Hotel & Convention Center
0.26 miles
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Summit Beach Resort
0.27 miles
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Sugar Beach Condominiums
0.34 miles
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Gulf Crest Condominiums
0.43 miles
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Whispering Seas Beach Rentals
0.54 miles
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Spartan Inn
0.55 miles
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Sunbird Suites
0.57 miles
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Walmart Supercenter
0.84 miles
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Publix
1.99 miles
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Sunsations
2.12 miles
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Winn-Dixie
2.80 miles
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Surf Style
2.84 miles
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The Fresh Market
5.37 miles
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Ross
5.44 miles
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Target
5.48 miles
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Bealls
5.57 miles
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JCPenney
5.62 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.