3 Beds
3 Baths
1,322 sqft
$425,000
8730 Thomas Drive 409, Panama City FL, 32408
Price per sqft$321.48
Built in1984
Property size1,322 sqft
Property typeCondominium
Overview
Active
Listed Apr 23, 2026
Updated 3h ago
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
$2,828/mo
Est. mortgage payment based on a $425,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 788796
Interior Features
- Bedrooms
- 3
- Bathrooms
- 3
- Basement
- No
Other Property Details
- Taxes
- $3,982
- Tax Frequency
- Annually
- Association Fee Frequency
- Quarterly
- Waterfront
- Yes
Courtesy of Engel & Voelkers 30A Beaches, Robert Weil,
Listing Contact: 850-714-1935
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Terri M Snyder shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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