# 9823 Thomas Drive, Panama City Beach, FL 32408 > **TL;DR:** commercial, $950,000. Est. $5,081/mo. Listed 130 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $950,000 | | Lot Size | 24,829 sqft (0.57 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 130 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,804 | | Estimated Insurance | $277 | | **Total** | **$5,081** | ## Property Highlights - 0.57 acre lot ## Description ### Agent Description PRIME COMMERCIAL LOT IN THE HEART OF PANAMA CITY BEACH High-Traffic Location | Tourism Corridor | Development Opportunity Position your business in one of the most traveled and recognized tourist destinations on the Gulf Coast. This highly visible commercial parcel sits directly in the center of Panama City Beach's entertainment and tourism district, surrounded by major attractions, restaurants, hotels, and year-round visitor traffic. Property Highlights Daily Traffic Counts of Approximately 19,000 Vehicles Located Across from Ripley's Believe It or Not! and WonderWorks Minutes from Beaches, Resorts, Restaurants, and Entertainment Venues 90 Feet of Frontage on Thomas Drive Approximately 0.57 Acres Commercial Zoning Utilities Available City Road Access Exceptional Visibility for New Business Development Ideal Uses - Retail Center - Restaurant or Cafe - Entertainment Venue - Tourism-Focused Business - Medical or Professional Offices - Service-Based Business - Mixed Commercial Development Investor Opportunity The property line extends beyond the existing rear fence, creating additional development flexibility and future income potential. There may also be opportunities associated with the adjacent building area, offering added value for investors and developers seeking a strategic PCB location. With tourism continuing to drive growth in Panama City Beach, opportunities to acquire commercially positioned land in this corridor are becoming increasingly limited. Build where customers already are. ## Location - **Address:** 9823 Thomas Drive, Panama City Beach, FL 32408 - **County:** Bay - **Neighborhood:** No Named Subdivision - **Coordinates:** 30.177016, -85.798936 - **Google Maps:** https://www.google.com/maps?q=30.177016,-85.798936 ## Listing Agent - **Name:** Danielle Britton · **License:** 3412821 - **Brokerage:** World Impact Real Estate - **Broker Phone:** (850) 225-7000 ## Photos ![9823 Thomas Drive - Photo 1](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f4252270870r.jpg) ![9823 Thomas Drive - Photo 2](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f1979747113r.jpg) ![9823 Thomas Drive - Photo 3](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f3629783092r.jpg) ![9823 Thomas Drive - Photo 4](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f1116162064r.jpg) ![9823 Thomas Drive - Photo 5](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f1930739506r.jpg) ![9823 Thomas Drive - Photo 6](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f480469115r.jpg) ![9823 Thomas Drive - Photo 7](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f1085961656r.jpg) ![9823 Thomas Drive - Photo 8](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f1828363415r.jpg) ![9823 Thomas Drive - Photo 9](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f265078442r.jpg) ![9823 Thomas Drive - Photo 10](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f311828095r.jpg) ![9823 Thomas Drive - Photo 11](http://lh.rdcpix.com/e1bfc7124a54fc80350b1c528cad4c07l-f376653176r.jpg) --- **MLS#:** 791754 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/9823-thomas-drive-panama-city-beach-fl-32408-76338b4fc806485fa17e052e87165aad) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/9823-thomas-drive-panama-city-beach-fl-32408-76338b4fc806485fa17e052e87165aad#listing", "url": "https://www.propertysimple.ai/listing/9823-thomas-drive-panama-city-beach-fl-32408-76338b4fc806485fa17e052e87165aad", "name": "9823 Thomas Drive, Panama City Beach, FL 32408", "description": "PRIME COMMERCIAL LOT IN THE HEART OF PANAMA CITY BEACH High-Traffic Location | Tourism Corridor | Development Opportunity Position your business in one of the most traveled and recognized tourist destinations on the Gulf Coast. 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