SoldOct 4, 2022

Listed and Bought with Melanie Allen from Corcoran Reverie

Source: Bay County Realtors Association #698019

5518 Thomas Drive, Lower Grand Lagoon, FL, 32408

$825,000

21954 sq. ft.

Land

20 days on the market

Sold: Oct 4, 2022

What's around 5518 Thomas Drive

About this property

PRIME LOCATION FOR INVESTORS/DEVELOPERS-PANAMA CITY BEACH IS ONE OF THE HOTTEST REAL ESTATE MARKETS IN THE USA WITH RECORD BREAKING TOURISM AND SUBSTANTIAL GROWTH. Don't miss out on this Prime Commercial Property located on the highly sought after Thomas Drive business corridor. Multiple parcels are being sold together to make one fantastic piece of property. A three story building would have breathtaking views of the Beautiful Gulf of Mexico! The C-1 zoning provides flexibility in its allowable uses, with easy access from three road fronts. Bring your offer today!

Looking for more information on 5518 Thomas Drive?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties sold nearby

SoldJul 14, 2026
$219,900
6101 Beach Drive
Lower Grand Lagoon FL 32408
Land
Listing courtesy of Counts Real Estate Group Inc
SoldJun 1, 2026
$107,000
5215 Bella Casa Place
Upper Grand Lagoon FL 32408
Land
Listing courtesy of Hitchcock Real Estate LLC and Keller Williams Success Realty
SoldMay 15, 2026
$699,000
7204 South Lagoon Drive
Lower Grand Lagoon FL 32408
Land
Listing courtesy of Beachy Beach Real Estate

Other properties sold by Corcoran Reverie

SoldJul 17, 2026
$100,000
14814 Bream Pond Drive
Panama City FL 32409
Land
Listing courtesy of Corcoran Reverie
SoldJul 15, 2026
$80,000
3014 Selma Avenue
Panama City FL 32405
3
1
Single-Family
Listing courtesy of Corcoran Reverie
SoldJul 10, 2026
$495,000
W506/11757 Front Beach Road
Panama City Beach FL 32407
2
2
Condo
Listing courtesy of Corcoran Reverie and Legacy Premier Agency

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent