active

8730 Thomas Drive 409, Panama City, FL 32408

$425,000

3Beds
3Baths
1,322Sq Ft
1Floor
1984Year Built
$959.33/moHOA
On site 79 days
See the full building guide St Thomas Square →

Details

Waterfront · Short-term rental allowed

HOA Dues Include

  • Clubhouse
  • MaintenanceGrounds
  • Pools
  • Trash

Nearby Schools

ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold

Property Details

bay view · Currently tenant-occupied

About This Home

Investor Alert - Turnkey Airbnb with Immediate Cash Flow Exceptional opportunity in Panama City Beach--legal short-term rental with a 6.4% cap rate and projected income of $51,768. Sold fully furnished with future bookings in place. This 2-story condo in the gated Villas of St. Thomas Square offers a boat dock, a 2 block walk to the beach and water views overlooking St. Andrews Bay. Features include private balcony, modern kitchen with washer/dryer, smart thermostat, smart TVs, fresh paint, and updated fixtures. Community amenities: pool, tennis, clubhouse, sauna, BBQ. Low HOA + unincorporated Bay County = favorable STR taxes. Seller offering 3 months of complimentary management. Largest + best decor + best situated unit in complex! Walkable to beaches, dining, and entertainment

Interior, Amenities & More

Interior Features: Upper Level Primary

Association Amenities: Dock, Sauna

Pool: Community

Architectural Style: Low Rise

Square Footage Source: Plans

Similar Properties Recently Sold

$173,000
1 bd · 1 ba · 840 sqft
Sold Sep 14, 2026
Plazas Of St.Thomas I
$155,000
0 bd · 1 ba · 623 sqft
Sold Jul 24, 2026
Plazas Of St.Thomas I
$268,000
2 bd · 2 ba · 1,062 sqft
Sold Mar 26, 2026
Villas Of St. Thomas 1
$175,000
1 bd · 1 ba · 623 sqft
Sold Nov 21, 2025
Plazas Of St.Thomas I
$205,000
1 bd · 1 ba · 769 sqft
Sold Nov 18, 2025
Plazas Of St.Thomas I
$155,000
1 bd · 1 ba · 623 sqft
Sold Oct 14, 2025
Plazas Of St.Thomas I

Ask About This Listing

Required

Call (850) 866-1149

Listed by Robert Weil, Engel & Voelkers 30A Beaches · rob@robweil.com

Equal Housing Opportunity
Equal Housing
Opportunity
Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The 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.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.