8730 Thomas Drive #1209C, Panama City, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.



8730 Thomas Drive #1209C,Panama City, FL 32408
$175,500
- 1 Beds
- 1 Baths
- 623 sq. ft.
- Condominium
- Active
Listed by:mia nadeau
Office:beachy beach real estate
MLS#:777309
Source:FL_BCMLS
Price summary
- Price:$175,500
- Price per sq. ft.:$281.7
- Monthly HOA dues:$424.33
About this home
Investor Opportunity - Lowest Priced Unit in the Complex and rental projection 23k per year (after remodel)! Located just across from Beach Access 24, this efficiency-style condo is part of a gated, well-maintained community offering fantastic amenities: a community pool on the lagoon, pickleball court, tennis courts, shuffleboard, grilling area, fire pit, dry boat parking, and a private boat dock on the lagoon where condo residents can keep their boat in the water--a rare and valuable feature in this price range. Enjoy easy access to the Gulf, Shell Island, and St. Andrews Bay for boating, fishing, or relaxing on the water.This condo is ready for a full renovation and priced accordingly. It needs new flooring, a kitchen, bathroom, and fresh paint--but once updated, it has great potential as a charming coastal retreat or short-term rental. The layout is compact and efficient, offering an open-concept living and sleeping space. Perfect for a first-time investor ready to learn the ropes and build equity by adding value.
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Home facts
- Year built:1985
- Listing Id #:777309
- Added:6 day(s) ago
- Updated:August 08, 2025 at 10:34 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:623 sq. ft.
Structure and exterior
- Year built:1985
- Building area:623 sq. ft.
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Finances and disclosures
- Price:$175,500
- Price per sq. ft.:$281.7
- Tax amount:$1,761 (2024)
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