8817 S Thomas Drive #A503, Panama City Beach, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic



8817 S Thomas Drive #A503,Panama City Beach, FL 32408
$279,900
- - Beds
- 1 Baths
- 489 sq. ft.
- Condominium
- Active
Listed by:gleb alikhver
Office:alikhver realty
MLS#:776776
Source:FL_BCMLS
Price summary
- Price:$279,900
- Price per sq. ft.:$572.39
- Monthly HOA dues:$482
About this home
$54,400 in revenue June '24 - July '25: 20.16% ROI on the asking price! One of the best studio earners on the market: a money-making machine with minimal maintenance! Priced to sell! Brand new water heater - August 2025.A standout investment opportunity at Top of the Gulf, this fully renovated Direct Beachfront Studio has rented incredibly well, all while requiring virtually no ongoing maintenance. Upgraded recently with new flooring, full-sized kitchen appliances in a fully-equipped kitchenette, two queen-sized memory-foam beds, a gorgeous custom-made shiplap wall plank backdrop, and a designer electric fireplace, this turnkey unit comfortably accommodates 4 guests in one of Panama City Beach's most desirable beachfront addresses. With minimal HOA fees, professional management in place, prepaid beach chairs, and long-term demand proven by consistent five-star ratings on Airbnb and VRBO, this property offers an exceptional blend of hassle-free ownership and premium rental returns. The resort features an exclusive and private beach entrance, a phenomenal pool, a game room, a gym, a gazebo, sunset decks, and much more - all while being situated in one of the most desirable locations in town. The resort is just a few steps away from the new location of the famous Tootsie's bar, which is taking over the formerly internationally renowned Spinnaker club. Moreover, St. Andrews State Park and Shell Island are just 4 miles away from the resort.
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Home facts
- Year built:1976
- Listing Id #:776776
- Added:19 day(s) ago
- Updated:August 11, 2025 at 07:42 PM
Rooms and interior
- Total bathrooms:1
- Full bathrooms:1
- Living area:489 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
Structure and exterior
- Roof:Flat
- Year built:1976
- Building area:489 sq. ft.
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Finances and disclosures
- Price:$279,900
- Price per sq. ft.:$572.39
- Tax amount:$2,860 (2024)
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