Thomas Drive Development Site

For Sale

8602 Thomas Dr, Panama City Beach, FL 32408

This Panama City Beach property for sale is located at 8602 Thomas Dr. The general use of Thomas Drive Development Site is vacantland and it incorporates 7,357 square feet of class C vacantland space. The current listed sale price for Thomas Drive Development Site is $2,500,000. Thomas Drive Development Site is situated on a lot that is 2 acre in size.

Contacts

Kevin Williams, CCIM

Graham & Company

Property Details

  • Property Type VacantLand
  • Property Size 7,357 SF
  • Units 4
  • Lot Size 2 Acre
  • Building Class C
  • Year Built 1987
  • Date Updated May 11, 2026
This prime east-end Panama City Beach redevelopment site on Thomas Dr. is minutes from Shipwreck Island, Ripley's Believe It or Not, WonderWorks, and Pier Park. This property currently operates as Emerald Falls Family Recreation Center, and has go-karts, mini-golf, an arcade and outdoor attractions. Thomas Drive is part of Panama City Beach's entertainment/retail spine. This site is a rare infill redevelopment opportunity in a high visibility leisure/commercial corridor that serves local residents and tourists year round.2 acres with frontage on Thomas Drive; available acreage is possible
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Highlights

  • 350' Frontage on Thomas Drive
  • 465' From public beach access #24
  • All utilities to site
  • Close proximity to marinas and St. Andrews State Park
  • Large improved parcel with existing parking and access: ideal for mixed use, restaurant, resort or high density
  • residential conversion

Attachments

Getting around

  • 44/100

    Walk Score ®

  • 57/100

    Bike Score ®

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Location

  • City Panama City Beach, FL
  • Neighborhood Downtown Panama City Beach
  • Zip Code 32408
  • Market Pensacola

Points of Interest

  • Exxon

    0.27 miles

  • Tom Thumb

    0.57 miles

  • Chevron

    1.04 miles

  • Texaco

    1.11 miles

  • Murphy USA

    1.19 miles

  • Shell

    1.29 miles

  • Mobil

    1.83 miles

  • Hyatt Place Parking

    5.91 miles

  • Tidewater Beach Resort

    6.93 miles

  • Harvey De Mathis Park parking

    7.53 miles

  • Beach Parking

    8.17 miles

  • Spartan Inn

    0.10 miles

  • Whispering Seas Beach Rentals

    0.15 miles

  • Lollye On The Beach & Colonial Shores

    0.17 miles

  • Gulf Crest Condominiums

    0.17 miles

  • Sugar Beach Condominiums

    0.21 miles

  • Summit Beach Resort

    0.30 miles

  • Campers Inn

    0.42 miles

  • at Gulfgate. Rent

    0.43 miles

  • Sunset Inn

    0.47 miles

  • Moondrifter Condominiums

    0.48 miles

  • Walmart Supercenter

    1.37 miles

  • Publix

    2.17 miles

  • Winn-Dixie

    2.27 miles

  • Sunsations

    2.66 miles

  • Surf Style

    3.38 miles

  • Grocery Outlet

    5.21 miles

  • The Fresh Market

    5.90 miles

  • Ross

    5.97 miles

  • Target

    6.02 miles

  • Bealls

    6.10 miles

Contact Listing Broker
Kevin Williams, CCIM

Graham & Company

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