« Back to results
8730 Thomas Drive 409, Panama City, FL 32408 Active 1 / 39
$425,000

8730 Thomas Drive 409, Panama City, FL 32408

Panama City, FL 32408
  • 3 Beds
  • 3 Baths
  • 1,322 Sq Ft
  • 1984 Built
  • MLS 788796

About this home

Inveѕtor Αlеrt ‐ Turnkеy Αirbnb with Immediate Cash Flow Exсeptiοnal 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

Property details

Property typeCondominium
StatusActive
Area03 - Bay County - Beach
SubdivisionVillas Of St. Thomas 4
CityPanama City
CountyBay
Zip32408
StyleLowRise
Taxes$3,982
Tax year2025
HOAYes
HOA fee$2,878/qtr
WaterfrontYes

Interior

Total rooms6
Full baths3
Interior featuresUpperLevelPrimary

Exterior & lot

Lot dimensionsIRR
PoolCommunity
Road frontagePrivate Road

Schools

ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold

Community

Community featuresClubhouse, Dock, Pool, Waterfront, Community Pool, Short Term Rental Allowed
DirectionsFrom Front Beach Road, head east on Thomas Drive. Turn left onto Joan Avenue, then take an immediate right into the gated entrance of St. Thomas Square. Proceed through the gate--Building 400 will be ahead. Unit 409 is located on the second floor, accessible via the left-side stairwell.

Data source: Central Panhandle Association of REALTORS®

Location

Ready to see it in person?

Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.

Request a showing

Similar homes

No photo 6505 Thomas Drive 202, Panama City, FL 32408 $425,000 2 bd · 2 ba · 1,075 sf 6505 Thomas Drive 202, Panama City, FL 32408 No photo 9902 S Thomas Drive 234, Panama City, FL 32408 $425,000 3 bd · 3 ba · 1,681 sf 9902 S Thomas Drive 234, Panama City, FL 32408 No photo 4100 Marriott Drive 108, Panama City, FL 32408 $429,900 2 bd · 2 ba · 1,458 sf 4100 Marriott Drive 108, Panama City, FL 32408 No photo 9860 S Thomas Drive 606, Panama City, FL 32408 $430,000 3 bd · 2 ba · 1,262 sf 9860 S Thomas Drive 606, Panama City, FL 32408 No photo 4100 Marriott Drive 208, Panama City, FL 32408 $419,900 2 bd · 2 ba · 1,458 sf 4100 Marriott Drive 208, Panama City, FL 32408 No photo 1600 Marina Bay Drive 205, Panama City, FL 32409 $435,000 2 bd · 2 ba · 1,525 sf 1600 Marina Bay Drive 205, Panama City, FL 32409
Call Ask about this home