8730 Thomas Drive #409, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
8730 Thomas Drive #409,Panama City, FL 32408
$425,000
- 3 Beds
- 3 Baths
- 1,322 sq. ft.
- Condominium
- Active
Listed by: robert weil
Office: engel & voelkers 30a beaches
MLS#:788796
Source:FL_BCMLS
Price summary
- Price:$425,000
- Price per sq. ft.:$321.48
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
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Home facts
- Year built:1984
- Listing ID #:788796
- Added:43 day(s) ago
- Updated:June 06, 2026 at 02:24 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:5
- Living area:1,322 sq. ft.
Structure and exterior
- Year built:1984
- Building area:1,322 sq. ft.
- Architectural Style:Low Rise
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$321.48
- Tax amount:$3,982 (2025)
Features and amenities
- Amenities:Dock
- Pool features:Community
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