Introducing an unparalleled opportunity for developers and investors alike: a prime commercial parcel nestled in the heart of Thomas Dr. with tons of visibility from the highway. This meticulously regulated zone boasts a maximum height allowance of 230 feet, providing the canvas for innovative vertical development that maximizes both space and potential. The parcel is across the Boating Marina, high end restaurants and nearby beach access. Situated within Tax District 56, this property enjoys the benefits of county limits, offering a strategic location with access to essential infrastructure and amenities. With a lot size meticulously defined, developers can envision their projects with precision, optimizing every inch of the available space. Adhering to zoning regulations, the property
Property Details
Property Features
Listing Office:
Office Name: EXP Realty LLC
Exterior Features
Exterior Information:
View: Lagoon
Virtual/3D Tour
Virtual Tour: 4010 Thomas Dr
Virtual Tour
Lot Features
Lot Information:
Lot Size: 0.43 Acres
Other
Directions Information:
Directions: Driving on Thomas Dr towards the beach, passing the marina the commercial parcel is to the left.
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,057
Per Month
Principal & Interest
$5,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,664
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school2.20 miles
Public District Grades KG-5
3
/10
Lucille Moore Elementary School
1900 Michigan Ave
Distance between this listing and this school3.87 miles
Public District Grades PK-5
1
/10
St. Andrew School at Oakland Terrace
2010 W 12th St
Distance between this listing and this school4.05 miles
Public District Grades PK-5
Nearby Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school5.23 miles
Public District Grades 6-8
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school5.50 miles
Public District Grades KG-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school6.07 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school4.25 miles
Public Charter Grades KG-12
7
/10
Bay Virtual Franchise
1515 June Ave
Distance between this listing and this school4.87 miles
Public District Grades KG-12
5
/10
Palm Bay Preparatory Academy 6-12
1104 Balboa Ave
Distance between this listing and this school4.89 miles
The neighbors living near this home have an average income of $41,776. Residents of Panama City, FL typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4010 Thomas Dr
What is the listing price of this property?
The listing price of 4010 Thomas Dr property is $1,200,000.
What type of property is this?
The property 4010 Thomas Dr is land located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 4010 Thomas Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4010 Thomas Dr in Panama City Beach, FL and zip code 32408 in the Treasure Island Section One neighborhood. This home sits on a 0.43 acre lot. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $1,200,000.
Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. The median list price of listings available in October 2024 was $339,477, while the average time on the real estate market was 77 days.
From Rocket Homes Real Estate and based on county public records data.