Map of Property

For Sale

Thomas Drive Development Site

8602 Thomas Dr, Panama City Beach, FL 32408

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

Key features

  • 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
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Reach out to the broker for more info on lease terms and amenities

Contacts

Kevin Williams, CCIM

Graham & Company

Building Details

  • For Sale $2,500,000
  • 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

Attachments

Getting Around

  • Walk Score ®

    Car-Dependent (44)

  • Bike Score ®

    Bikeable (57)
Powered by Walk Score ®

Location

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

Points of Interest

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

Tidewater Beach Resort

6.93 miles

Harvey De Mathis Park parking

7.53 miles

Beach Parking

8.17 miles

Car Wash In Paradise

1.81 miles

Car Wash

1.86 miles

BK's Car Wash

5.01 miles

Enterprise

5.98 miles

Grease Pro Car Wash and Detailing

8.72 miles

Waterworx Car Wash

8.94 miles

Visions Auto Detailing

9.39 miles

Capt Jack's Family Buffet

0.39 miles

Angelo's Steak Pit

0.94 miles

Domino's

0.99 miles

Dirty Dick's Crab House

1.04 miles

Jin Jin Super King

1.06 miles

Back Yard Burgers

1.13 miles

McDonald's

1.15 miles

Waffle House

1.17 miles

Pineapple Willy's

1.18 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

Walmart Pharmacy

1.36 miles

Panama City Beach Fire Department Station 2

1.40 miles

Bay Medical Sacred Heart Family Medicine

2.17 miles

Panama City Beach Police Substation

2.26 miles

Emerald Coast Urgent Care

2.30 miles

Bay Medical On The Beach

2.35 miles

VA Panama City Beach Clinic West

2.42 miles

Thomas Drive Volunteer Fire Department - Station 1

2.49 miles

Panama City Beach Fire Station 30

4.95 miles

8602 Thomas Dr Listing Summary

  • What is the asking price at Thomas Drive Development Site?

    Thomas Drive Development Site is currently listed for sale at Contact for pricing.

  • What is the total size of Thomas Drive Development Site?

    Thomas Drive Development Site has a total of 7,357 square feet.

  • What is the year built for Thomas Drive Development Site?

    The year built for Thomas Drive Development Site is 1987.

Contact Listing Broker
Kevin Williams, CCIM

Graham & Company

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