$1,050,000
8416 Thomas Dr , Panama City, FL 32408
- 3,600
- sqft
- 1983
- year built
- Status:
- Active
- MLS #:
- 785151
- Listed By:
- Cain McNeil - CENTURY 21 Commander Realty
- Agent Phone:
- (850) 814-0530
- Agent Email:
- cain.mcneil917@gmail.com
Sponsoring Broker: Jennifer Ledesma, Berkshire Hathaway HomeServices Beach Properties of Florida
Incredible investment opportunity! Excellent location for flex space. The interior of the property boasts 3 offices, a lobby/reception area, kitchen and bath as well as approx 2,500 sqft of warehouse space with two 10x10 bay doors. The exterior boasts a fended in lay down yard and Thomas Drive frontage. Currently occupied by a general contractor tenant with income of $6,500/month NNN. Present lease term ends at the end of 2026. Great opportunity for retail, auto repair, contractors and more. Rare find in a location like this!
Highlights
- Commercial Sale
- Built in 1983
- 0.29 Acre Lot
- 272 days on Market
-
- Year Built
- 1983
-
- Acres
- 0.29
-
- Area
- 03 - Bay County - Beach
-
- County
- Bay
-
- City
- Panama City
-
- Neighborhood
- Bel Air
-
- Zip Code
- 32408
-
- High School
- Arnold
-
- Middle School
- Surfside
-
- Elementary School
- Patronis
-
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Estimated Value
$740,120
Estimated Sales Price Range:
$592,096 - $888,144
Source: Constellation Data Labs
Price History
| 02/12/2026 | Listed | $1,050,000 |
| Source: Central Panhandle Association of REALTORS #785151 | ||
| 03/01/2023 | Sold | $800,000 |
| Source: Central Panhandle Association of REALTORS #730774 | ||
| 08/12/2022 | Listed | $895,000 |
| Source: Central Panhandle Association of REALTORS #730774 | ||
| 02/10/2022 | Sold | $549,900 |
| Source: Central Panhandle Association of REALTORS #716382 | ||
| 09/03/2021 | Listed | $549,900 |
| Source: Central Panhandle Association of REALTORS #716382 | ||
| 11/02/2018 | Sold | $42,000 |
| Source: Central Panhandle Association of REALTORS #677213 | ||
| 10/25/2018 | Listed | $3,500 |
| Source: Central Panhandle Association of REALTORS #677213 | ||
Source: MLS Data
Deed History
| 03/03/2023 | Warranty Deed | $800,000 |
| 02/17/2022 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 02/17/2022 | Warranty Deed | $549,900 |
| 10/14/2009 | Warranty Deed | $300,000 |
| 02/09/2004 | Warranty Deed | $340,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 03/03/2023 | Credit Line (Revolving) / HELOC | $800,000 |
| 02/17/2022 | Purchase Money Mortgage | $4,176 |
Source: Public records via Constellation Data Labs
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Similar Listings
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There are currently 513 properties available in Panama City, with 0 under contract to close soon. Properties in the city have an average sale price of $371,285 and typically spend 105 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 8416 Thomas Dr?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 8416 Thomas Dr.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 8416 Thomas Dr?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,050,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Panama City, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 8416 Thomas Dr?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 8416 Thomas Dr at around $5,975. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 8416 Thomas Dr?
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Or, let us connect you with our preferred local lender in Bay County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 8416 Thomas Dr?
In most cases, yes. Whether 8416 Thomas Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Panama City's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 8416 Thomas Dr?
We can handle that for you. Our preferred local agent specializes in commercial sales in Panama City and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $1,050,000 with 3,600 sqft of space—that comes out to approximately $292 per square foot.
How long has this property been on the market?
8416 Thomas Dr was listed on February 12, 2026, which means it's been on the market for 272 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1983, making it approximately 43 years old.
What is the lot size of this property?
8416 Thomas Dr sits on a 0.29-acre lot, which is 12,632 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Patronis
- Middle: Surfside
- High: Arnold
Want to see how these schools compare? Check out our Bay County School Guide to see ratings, reviews, and more for the schools in the area.
Is 8416 Thomas Dr still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information 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 by the MLS. Copyright 2026, Central Panhandle Association of REALTORS. All rights reserved.
Last Updated: November 11, 2026 at 07:06AM | Source: Central Panhandle Association of REALTORS | MLS#: 785151
