1735 Thomas Dr, Panama City, FL 32408
FOR SALE
1 ACRE

1735 Thomas Dr
Panama City, FL 32408

Upper Grand Lagoon

    $749,000

    Original price: $795,000
    Est. Mortgage $4,573/mo*
    Get Pre-Qualified

    $749,000

    Original price: $795,000
    Est. Mortgage $4,573/mo*
    Get Pre-Qualified
    (on 1 acre)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    **Now Offering Seller Financing, See Agent Remarks for Terms**

    Rare Commercial Opportunity on Thomas Drive - 1 Acre in Panama City Beach!

    Now's the time to lock in a valuable piece of PCB's booming future. Located in one of the highest-traffic corridors of Panama City Beach, this 1-acre commercial parcel at 1735 Thomas Drive offers unmatched visibility, accessibility, and development potential. Zoned commercial and surrounded by established businesses, this prime property is ideally positioned just minutes from the beach, the Navy Base, and Grand Lagoon.

    With approximately 100 feet of road frontage on Thomas Drive, this site delivers excellent exposure to daily commuters, beachgoers, and year-round visitors. Whether you're a developer aiming to establish a retail strip, restaurant, or office complex--or an investor seeking prime land in a rapidly growing market--this is your opportunity to secure a strategic stake in Panama City Beach's continued growth.

    Opportunities like this are few and far between. Don't miss your chance to build something remarkable in one of the Gulf Coast's most dynamic corridors. Call today and turn possibility into progress!

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    View
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    160 days ago

    Home Details for 1735 Thomas Dr

    Interior Features

    Appliances & Utilities
    Utilities: Sewer Available

    Exterior Features

    Frontage
    Road Frontage: County RoadRoad Surface Type: PavedNot on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Cumulative Days on Market: 341Days on Market: 160

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 30161020000

    Price & Status

    Price
    List Price: $749,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Panama CityCommunity: No Named Subdivision

    Agent Information

    Listing Agent
    Listing ID: 775439

    HOA

    Association for this Listing: Central Panhandle Association of REALTORSNo HOA

    Lot Information

    Lot Area: 1 Acres

    Listing Info

    Special Conditions: Listed As-Is

    Mobile R/V

    Mobile Home Park
    Mobile Home Units: Feet

    Miscellaneous

    Mls Number: 775439Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12005-N-30161020000-R-N
    Last check for updates: about 4 hours ago
    Listing courtesy of Joshua Hoey, (850) 303-4050
    Think Real Estate
    Originating MLS: Central Panhandle Association of REALTORS
    Source: CPAR, MLS#775439
    Also Listed on CPAR.

    Market trends in Upper Grand Lagoon

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $371K
    $10.17K    MoM
    Sale-to-List Price
    —
    Price per sq ft
    $212
    $14    MoM
    Available listings
    239
    6    MoM

    Price History for 1735 Thomas Dr

    DatePriceEventSource
    03/20/2026$749,000PriceChange
    CPAR #775439
    01/08/2026$795,000Listed For SaleCPAR #775439
    01/01/2026$795,000ListingRemovedCPAR #775439
    12/15/2025$795,000PriceChange
    CPAR #775439
    06/25/2025$850,000Listed For SaleCPAR #775439
    12/12/2019$350,000Sold
    CPAR #682343

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    Comparable Sales for 1735 Thomas Dr

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    2311 Grand Oaks Ln, Panama City, FL
    0.43
    Lot/Land
    $100,000
    01/30/26
    -
    -
    N Lagoon Dr N, Panama City, FL
    0.66
    Lot/Land
    $109,000
    08/22/25
    -
    -
    914 Laurel Oak Ln, Panama City Beach, FL
    0.81
    Lot/Land
    $105,000
    12/22/25
    -
    -
    481 Wahoo Rd, Panama City Beach, FL
    1.23
    Lot/Land
    $425,000
    10/31/25
    -
    -
    2327 Magnolia Dr, Panama City Beach, FL
    1.30
    Lot/Land
    $525,000
    02/04/26
    -
    -
    7204 S Lagoon Dr, Panama City Beach, FL
    1.06
    Lot/Land
    $699,000
    05/15/26
    -
    -
    7304 S Lagoon Dr, Panama City Beach, FL
    1.11
    Lot/Land
    $550,000
    03/02/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 1735 Thomas Dr.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    Neighborhood Overview

    Upper Grand Lagoon
    See Local Highlights
    Neighborhood stats provided by third party data sources.

    What Locals Say about Upper Grand Lagoon

    At least 79 Trulia users voted on each feature.

    • 89 % Say car is needed

    • 87 % Say it's dog friendly

    • 85 % Say parking is easy

    • 82 % Say yards are well-kept

    • 75 % Say there's holiday spirit

    • 72 % Say it's quiet

    • 69 % Say kids play outside

    • 68 % Say people would walk alone at night

    • 62 % Say neighbors are friendly

    • 52 % Say streets are well-lit

    • 51 % Say there's wildlife

    • 49 % Say they plan to stay for at least 5 years

    • 49 % Say it's walkable to restaurants

    • 47 % Say it's walkable to grocery stores

    • 41 % Say there are sidewalks

    • 25 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • John C.
      "Shot commute, little traffic, that takes less than 15 minutes. I am also just as close to the beach!"
      1
      Flag
    • John C
      "Low traffic and a short commute were some of the reasons I moved here from a large city. Do have more traffic during the vacation periods."
      1
      Flag
    • Ether Leigh Luckey
      "Full time residents more than renters is definitely a plus. Love the fact you can have your pets. Golf carts are a plus as well. I love being near the lagoon to get in our boat for the day."
      2
      Flag
    • MW
      "It’s dog friendly and safe. No real complaints. There’s a handful of outdoor TNR’d cats on every street , but that has not been a problem for us, and in fact, the dogs love to watch and chase them lol "
      0
      Flag
    • Tiffescue
      "Like old school when you grew up as a kid. Very quiet but friendly. I can go on a walk and leave my door unlocked "
      1
      Flag
    • Trulia User
      "Easy peasy. Roughly a four minute drive to the beach. Takes about 20 minutes to get anywhere else. This area has just about everything you need."
      0
      Flag
    • Trulia User
      "We are dog friendly and clean up after our dogs. We have plenty of areas to walk them safely. This area is well established and welcoming to dogs of all shapes and size. "
      0
      Flag
    • Trulia User
      "We gather together for boating events and have holiday parties around the pool and dock. Clubhouse has weekly events. "
      1
      Flag
    • Trulia User
      "Great place better than Gov. Newsom’s California!! Love the weather here too! All nice people here! "
      10
      Flag
    • Trulia User
      "Not sure but I’m a local and I love this area and would love to move i to this hone . Close to it all! "
      0
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    • Trulia User
      "Too many loose dogs. It’s dangerous to walk your dogs here because people don’t watch or contain their own dogs. "
      0
      Flag
    • Trulia User
      "Bay Point is an amazing community! I can walk to grocery, restaurants, doctors, golf, tennis, fishing, beach, jet skis, walking and relaxing "
      5
      Flag
    • Trulia User
      "JR Arnold HS is good! The beach is close and there’s always fun to have!! I like the easy access to the main roads"
      0
      Flag
    • April T.
      "I don’t know, I do not have a dog. There is always people walking there dogs, some pick up after there dogs the other half doesn’t. "
      7
      Flag
    • Chloe B.
      "i love my home and panama city is great especially the beach lots to do lots to see lots to enjoy . smiles everyday everywhwee you go . such good atmosphere "
      2
      Flag
    • Terryvbaker
      "There are a lot of neighborhood events and outdoor activities. Easter Sunrise services on the waterfront. Nice marina for large boats and several boating outings. "
      4
      Flag
    • Shawnhoch1
      "Quiet. Safe. Scenic. Many other dogs. "....................................................."
      1
      Flag
    • Dani L.
      "Safe neighborhood. Quiet. I don’t have anything else. We have three kids but don’t know any other kids or families here "
      0
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    • Tanyag24
      "It's safe neighborhood but always watch your kids regardless. I don't see many kids around my street."
      3
      Flag
    • Lindsey M.
      "It’s quiet in certain areas crappy in some depends on what street your on do not recommend tiki dr neighbors are loud steal and cause problems "
      35
      Flag
    • Wendy T. O.
      "Wonderful neighborhood with wonderful people! Everyone is extremely friendly and there are bike paths that run along the main road. There are two gas stations nearby as well as a dollar general."
      2
      Flag
    • Wendy T. O.
      "There are bike paths that you can take two different ways to Thomas Drive. Maybe a 10 to 15 minute ride to Saint Andrews Park. There is two gas stations and a dollar general in a bike riding distance."
      0
      Flag
    • Wendy T. O.
      "Animal lovers! We all watch out for each other’s yards and if chance our animals get out of their fence we care for the animal until we find it’s owner!"
      5
      Flag
    • Katie
      "Great neighborhood although it does have a lot of traffic. Probably half of the homes are rentals, both long term and short term."
      0
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    • Rose A. R. G.
      "Halloween events so many children from all over Panama City come for trick or treat and great community Facebook. Neighbors watch watch out for each other. Give recommendations on vendors to use and help out each other. "
      3
      Flag
    • Dan K.
      "I bought a unit 1 year ago and I love it and my wife is very pleased. I'm an avid bike rider and the proximity to the beach is excellent. I'm anxious for the road improvement projects to be completed and the riding will be even better"
      26
      Flag
    • Rose A. R. G.
      "Some dogs get loose or some owners do not leash as they walk. Some do not pick up after their dog. But nice neighborhood overall. Would live here longer but my job is transferring me. "
      0
      Flag
    • Diane
      "it's quiet and easy access to water and shopping. Great area for families am close to the navy base "
      29
      Flag
    • Yolanda S.
      "This area of Panama City Beach is accessible to just about everything you need. Close to shopping, Naval base and parks (St Andrews State park) the beaches and marinas! Hidden off of Laird Stree - it's quickly accessible from Laurie Av or Thomas Drive, yet is a low traffic area. "
      1
      Flag

    LGBTQ Local Legal Protections

    Joshua Hoey, Think Real Estate
    Agent Phone: (850) 303-4050
    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
    1735 Thomas Dr, Panama City, FL 32408 is a lot/land. 1735 Thomas Dr is located in Upper Grand Lagoon, Panama City. This property is currently available for sale and was listed by CPAR on Jan 8, 2026. The MLS # for this home is MLS# 775439.