8730 Thomas Drive #UNIT 409, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:ERA American Real Estate
8730 Thomas Drive #UNIT 409,Panama City Beach, FL 32408
$425,000
  • 3 Beds
  • 3 Baths
  • 1,322 sq. ft.
  • Condominium
  • Active
Listed by: kiley d niles
Office: engel & voelkers 30a beaches
MLS#:1000290
Source:FL_ECAR

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
  • Subdivision & Development:VILLAS OF ST THOMAS IV
  • Listing ID #:1000290
  • Added:126 day(s) ago
  • Updated:August 14, 2026 at 07:57 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:6
  • Kitchen Description:Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Electric
  • Living area:1,322 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1984
  • Building area:1,322 sq. ft.
  • Exterior Features:Balcony, Dock, Tennis Court

Schools

  • High school:Arnold
  • Middle school:Breakfast Point
  • Elementary school:Breakfast Point

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$321.48
  • Tax amount:$3,982 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Electric, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Breakfast Bar, Ceiling Cathedral, Pantry
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