8730 Thomas Drive Unit 1101, Panama City, FL 32408

$594,999

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List Price
$594,999
Status
ACTIVE
Price Change
▼ $5,000 1793038072
MLS#
796469
Subtype
Commercial Sale
Year Built
1985
Lot Size
67,518
Acres
1.55
Subdivision
Plazas Of St.Thomas I
Neighborhood
Beach - South of Grand Lagoon
MLS Area Major
Bay County - Beach

Property Description

Commercial Space for Sale or Lease - 8730 Thomas Drive, Unit 1101, Panama City Beach, FL Completely remodeled, versatile commercial space offering an excellent opportunity for professional offices, medical or outpatient services, wellness and spa businesses, retail, entertainment, and a wide variety of other permitted commercial uses. This ground-level corner unit is conveniently located on Thomas Drive, just a short distance from the beach. One of the property's standout features is the abundance of natural light throughout the space, with floor-to-ceiling windows in all offices, creating a bright, welcoming, and professional environment for employees and clients alike. The flexible interior layout features five private offices, an oversized reception/front desk area, a large conference room, and additional rear space previously used for storage that could be converted into another office or customized to suit your business needs. The unit also includes a full kitchen and two bathrooms for added convenience. With its modern remodeled interior, prominent corner location, abundant natural light, and adaptable floor plan, this property is ideal for businesses seeking a professional and inviting space in a desirable Panama City Beach commercial area. An excellent opportunity to establish or expand your business in a move-in-ready commercial space with exceptional natural light, a functional layout, and a wide range of potential uses. This commercial condo is part of an HOA with current monthly dues of $1,753.00. These dues cover: - Water, sewer, and trash removal - Landscaping and parking lot maintenance - Building maintenance and repairs (including the siding and roof) - Building and hurricane insurance - Access to amenities (pool, hot tub, and gym) - Capital expenditure (CapEx) reserves This is more cost-effective than managing a standalone building. The estimated monthly cost for just the utilities, landscaping, and insurance on a free-standing property would be roughly equivalent, without factoring in CapEx, roof replacement reserves, exterior maintenance, or the burden of managing repairs yourself. Note: use must be approved by the HOA. Also listed for rent - MLS #796461

Additional Information

HOA Fee
$5,259
Community Features
St. Thomas Square
Zoning
Business, General Commercial
Heating
Central, Electric
Air Conditioning
Ceiling Fan(s)
Exterior Construction
Block, Vinyl Siding
Stories
4
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold

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Listing courtesy of LoKation Real Estate.