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8730 Thomas Drive #409, Panama City, FL 32408

Panama City
Local realty services provided by:CENTURY 21 AllPoints Realty
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
  • Monthly HOA dues:$959.33

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
  • Subdivision & Development:Villas Of St. Thomas 4
  • Listing ID #:788796
  • Added:147 day(s) ago
  • Updated:September 18, 2026 at 02:46 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:6
  • Living area:1,322 sq. ft.

Structure and exterior

  • Year built:1984
  • Building area:1,322 sq. ft.
  • Architectural Style:Low Rise
  • Exterior Features:Balcony

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
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. CENTURY 21 AllPoints Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 AllPoints Realty, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved. FL_BCMLS Member Broker: Ron Jones

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