NOT LISTED FOR SALE

6126 Thomas Dr Panama City Beach, FL 32408

Estimated Value: $1,191,315

Studio
-- Bath
10,612 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2025

Last sale price $1,220,000 $115 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,053 / mo

334 Days on Market

Highlights

  • 0.76 Acre Lot
  • No HOA
  • Cooling Available
  • Patronis Elementary School Rated A-

About This Home

As of March 2025

Zoned C1 Bay County. Practically Brand New Commercial Investment situated in the bustling heart of Panama City Beach right across from the worlds most beautiful beaches now boasts 111 BRAND NEW Storage Units meticulously constructed with Spray Foam insulation. Commercial Space 100% Occupied at 54k in Gross Income, and Storage Units 100% Vacant awaiting a New Owner to fill them up. Expected Income on Storage Units at 100% Occupancy 90k a Year. Offering a blend of Indoor Climate Controlled Units, alongside Outdoor units, these spaces are primed for immediate rental, enabling you to tap into a lucrative stream of passive income. Nestled on Thomas Drive, a central location in Panama City Beach, this property includes two recently renovated Offices, ideal for accommodating your next tenant or for owner occupancy. With a suite of upgrades including a New Roof, Fresh Siding, Vibrant Paint, Secure Gates, state-of-the-art Storage Units featuring Spray Foam insulation, and a revitalized Landscape complete with a sprinkler system, this property stands as a Turn Key investment opportunity. This exceptional property seamlessly integrates practical design with operational efficiency. With ample parking space for 11 vehicles and a flexible layout housing 111 storage units alongside two fully functional commercial offices, this property caters to individuals with a discerning business acumen. Moreover, the potential of this commercial complex extends beyond its current offerings. Envision tailoring the property's features to suit your specific needs, whether it entails reconfiguring office spaces to align with your business model or capitalizing on the rental potential of the available storage units.

Last Agent to Sell the Property

Zack Sanchez

Think Real Estate Listed on: 11/11/2024

Think Real Estate

Last Buyer's Agent

Zack Sanchez

Think Real Estate Listed on: 11/11/2024

Think Real Estate

Property Details

Property Type

  • Other

Year Built

  • Built in 1997

Lot Details

  • 33,106 Sq Ft Lot
  • Zoning described as Commercial

Parking

  • Paved Parking

Home Design

  • Metal Roof
  • Stucco

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association
  • Crescent Beach Unit 1 Subdivision

Property Details

Property Type

Other

Year Built

Built in 1997

Lot Details

0.76 Acres

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1997
  • Property Sub Type: Other
  • Lot Size Acres: 0.76
  • Road Frontage Type: City Street
  • Subdivision Name: Crescent Beach Unit 1
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Waterfront: No
  • Construction Type: Stucco
  • Roof: Metal

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Sewer Available
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 33105.6
  • Mobile Dim Units: Feet
  • Zoning Description: Commercial

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
May 10, 2025
Sold by
Bought by
Seller's Agent
Zack Sanchez
Think Real Estate
Buyer's Agent
Zack Sanchez
Think Real Estate
List Price
$1,650,000
Sold Price
$1,220,000
Premium/Discount to List
-$430,000
-26.06%
Views
27
Current Estimated Value
$1,191,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,685
Avg. Annual Appreciation
-1.86%

Purchase Details

Listed on
Nov 11, 2024
Closed on
Mar 31, 2025
Sold by
Bought by
Seller's Agent
Zack Sanchez
Think Real Estate
Buyer's Agent
Zack Sanchez
Think Real Estate
List Price
$1,650,000
Sold Price
$1,220,000
Premium/Discount to List
-$430,000
-26.06%
Views
27

Purchase Details

Closed on
Jan 4, 2021
Sold by
Bought by

Purchase Details

Listed on
Jan 8, 2015
Closed on
Jan 8, 2015
Sold by
Bought by
Seller's Agent
Anne Stroud
Top Producers Real Estate Center
Buyer's Agent
Harry Tice
Top Producers Real Estate Center
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$425,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100 None Listed On Document
$1,220,000 None Listed On Document
$1,220,000 None Listed On Document
$637,500 Attorney
$500,000 Mti Title Ins Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $425,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $1,220,000 -18.6% $115 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
11/25/2024 11/25/24 Price Changed $1,499,000 -9.2% $141 / Sq Ft
11/11/2024 11/11/24 For Sale $1,650,000 0.0% $155 / Sq Ft
11/10/2024 11/10/24 Off Market $1,650,000 -- --
06/06/2024 06/06/24 Price Changed $1,650,000 -8.3% $155 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,800,000 -10.0% $170 / Sq Ft
03/29/2024 03/29/24 For Sale $2,000,000 +300.0% $188 / Sq Ft
06/20/2022 06/20/22 Off Market $500,000 -- --
01/08/2015 01/08/15 Sold $500,000 -16.0% -- View Prior Sale
01/06/2015 01/06/15 For Sale $595,000 -- --
01/05/2015 01/05/15 Pending -- -- --
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,877 $615,344 $458,040 $157,304
2024 $7,994 $624,685 $458,040 $166,645
2023 $7,994 $623,407 $458,040 $165,367
2022 $7,395 $622,074 $458,040 $164,034
2021 $7,993 $627,106 $0 $0
2020 $7,242 $587,888 $370,260 $217,628
2019 $6,787 $552,116 $336,600 $215,516
2018 $6,097 $471,154 $0 $0
2017 $6,208 $476,767 $0 $0
2016 $6,253 $471,540 $0 $0
2015 $6,444 $473,077 $0 $0
2014 $6,546 $481,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zack Sanchez

    Seller's Agent in 2025

    Zack Sanchez

    Think Real Estate

    (850) 890-6262

    209 Total Sales

    Zack Sanchez
    Section Image

  • A

    Seller's Agent in 2015

    Anne Stroud

    Top Producers Real Estate Center

  • H

    Buyer's Agent in 2015

    Harry Tice

    Top Producers Real Estate Center

    Section Image

  • R

    Buyer Co-Listing Agent in 2015

    Rocky Wright

    Top Producers Real Estate Center

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 754973

Central Panhandle Association of REALTORS®

APN: 30875-000-000

Florida Bay County Panama City Beach 32408

6126 Thomas Dr, Panama City Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® 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.

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