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8730 Thomas Drive , Unit 409

Panama City Beach, FL 32408
  • $425,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 1000290
UPDATED: 43 min ago
$425,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,322
    SQFT
  • $321
    $/SQFT
Neighborhood:
Villas Of St Thomas Iv
Type:
Condo
Built:
1984
County:
Bay
Area:
Bay County

School Information

Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
School Ratings & Info

Description

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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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosemary Beach Realty. Vendor Member number: 28178. Data last updated: 2026-07-16T18:01:05.96.
Vendor Member #28178.
www.30aluxurylifestyle.com/homes/175030576
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8730 Thomas Drive , Unit 409 Panama City Beach, FL 32408

  • Price: $425,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 43 min ago
  • MLS #: 1000290
3
Beds
3
Baths
0
½ Baths
N/A
Acres
1,322
SQFT
$321
$/SQFT
1984
Built
Neighborhood:
Villas Of St Thomas Iv
County:
Bay
Area:
Bay County
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
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
Exterior Features

Architectural Style N/A Carport YN No Construction Materials [] Door Features [] Exterior BalconyDockPool - In-GroundTennis Court Exterior Features BalconyDockTennis Court(s) Foundation Details [] Garage YN No Parking [] Patio And Porch Features [] Pool Yes Pool Features In Ground Pool Type Community Roof Slate View GulfIntracoastal WaterwyLagoon Window Features Window Treatments

Interior Features

Appliance Info DishwasherDisposalDryerFire Alarm/SprinklerMicrowaveOven Self CleaningRefrigeratorSmoke DetectorStove/Oven ElectricWasher Appliances DishwasherDisposalDryerMicrowaveRefrigeratorWasherElectric Water Heater Basement [] Bedroom Level SecondFirst Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring Vinyl Furnished Furnished Heating Central Heating YN Yes Interior Breakfast BarCeiling CathedralFloor VinylFurnished - AllLighting RecessedOwner's ClosetPantryWasher/Dryer HookupWindow Treatment All Interior Features Breakfast BarCathedral Ceiling(s)Recessed LightingOwner's ClosetPantryWasher/Dryer Hookup Kitchen Level First Living Room Level First Master Bed Bath MBath Double VanityMBath Walk-In ClosetMBed Sitting AreaMBed Waterfront Rooms BalconyMaster BathroomBedroomKitchenLiving Room Rooms Total 6 Stories In Unit 2 Unit Floors Above Ground 1

Property Features

Assessment Amount 2878 Assessment Paid Quarterly Association Fee Includes Maintenance GroundsInsuranceLand RecreationManagementMaintenance StructureSewerTrashWater Association YN Yes Buyer Financing [] Community Features BBQ Pit/GrillBoat LaunchCommunity RoomDockDumpsterFishingGatedPicnic AreaPoolSauna/Steam RoomTV CableTennis Court(s)WaterfrontShort Term Rental - Allowed Energy AC - Central ElectHeat Cntrl ElectricWater Heater - Elect Fees Include Ground KeepingInsuranceLand RecreationManagementRepairs/MaintenanceSewerTrashWater Fencing [] Financing ConventionalOther Green Energy Efficient [] Immediate Occupancy Yes Is Subject Leased No Lot Features [] New Construction YN No Other Equipment [] Other Structures [] Property Condition Construction Complete Property Sub Type Condominium Road Frontage Type [] Road Surface Type [] Security Features Fire AlarmSmoke Detector(s) Special Listing Conditions Accept Backup Offers Tax Annual Amount 3982.2 Tax Year 2025 Utilities [] Utility Info ElectricPublic SewerPublic WaterTV Cable Water Source Public Waterfront Features Intracoastal WtrwyLagoonWaterfront Waterfront YN Yes

Listing courtesy of Engel & Voelkers 30A Beaches: .



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosemary Beach Realty. Vendor Member number: 28178. Data last updated: 2026-07-16T18:01:05.96.
Vendor Member #28178.
 
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Rosemary Beach FL, 32461