8817 S Thomas Drive #A318, Panama City Beach, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
8817 S Thomas Drive #A318,Panama City Beach, FL 32408
$240,000
- - Beds
- 1 Baths
- 489 sq. ft.
- Condominium
- Active
Listed by: susan r cantrell
Office: central bay realty and property management llc.
MLS#:794952
Source:FL_BCMLS
Price summary
- Price:$240,000
- Price per sq. ft.:$490.8
- Monthly HOA dues:$525
About this home
Rental projection is about $36k-$47k at 63% occupancy. This spacious and inviting studio in the heart of Panama City Beach offers a unique combination of beachside convenience, flexibility, and Florida coastal living. Unlike many traditional studio layouts, this unit offers plenty of room to spread out, with two beds, comfortable living space, a dining area, and a mini kitchen . This unit is thoughtfully arranged with an open floor plan. The light wood-plank ceiling adds warmth and coastal character, while multiple windows fill the space with natural light and offer views toward the Gulf of America. The kitchen features white cabinetry, granite countertops, and a stainless-steel refrigerator, providing for a relaxing beach getaway. The open design allows the living and sleeping spaces to flow together while still providing plenty of room to create separate areas for relaxing, dining, and sleeping. One of the best features of this condo? It has an assumable VA loan. Whether you're looking for an easy-to-maintain second home, a convenient beach getaway, or an investment opportunity, this spacious studio offers flexibility for a variety of needs. Its efficient layout and convenient Panama City Beach location make it an appealing option for anyone looking for a comfortable, low-maintenance place near the beach. And then there's the location and amenities! You're just steps from the sugar-white sand and emerald waters of Panama City Beach and within walking distance of the newly opened World Famous Tootsies Orchid Lounge. There's also shopping, dining, entertainment, and everyday conveniences nearby. Spend the day at the beach, relax at the community pool or small kids pool, or take advantage of the fitness room and game room available to owners and guests. During high season, enjoy the convenience of a seasonal snack shack and poolside bar, and when it's time to hit the sand, beach chair rentals are available Gulf-front. Pets are also allowed on the property, adding another level of convenience for those who want to enjoy their beach getaway with their four-legged companions. Whether you're searching for an affordable way to own a piece of Panama City Beach, a weekend escape, or a property with rental history, Unit A318 offers flexibility and a price under 240k with recent updates. Come see just how many possibilities this Panama City Beach studio has to offer! Enjoy it as your own personal retreat, then rent it out when you're not using it, just as the current owners do. All furniture and appliances remain.
Recent Updates: New water heater - 2019. New electrical panel - 2026 and Completely remodeled - 2023. Buyer to verify all measurements, dimensions, rental restrictions, HOA information, pet restrictions, amenities, and any information deemed important.to them....
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Home facts
- Year built:1976
- Subdivision & Development:Top Of The Gulf Condo.
- Listing ID #:794952
- Added:71 day(s) ago
- Updated:November 13, 2026 at 03:33 PM
Rooms and interior
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:1
- Living area:489 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Central air:Yes
Structure and exterior
- Year built:1976
- Building area:489 sq. ft.
- Architectural Style:High Rise
- Foundation Description:Pillar/Post/Pier
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$240,000
- Price per sq. ft.:$490.8
- Tax amount:$2,585 (2025)
Features and amenities
- Amenities:Beach Rights, SmokeDetectors
- Pool features:Community
Parking
- Parking description:Parking Lot
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