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8730 Thomas Drive , #409

Panama City, FL 32408
  • $425,000
  • STATUS: Active
  • ON SITE: 81 Days
  • MLS #: 788796
$425,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,322
    SQFT
  • $321
    $/SQFT
Neighborhood:
Villas Of St. Thomas 4
Type:
Condo
Built:
1984
County:
Bay
Area:
Bay County-Beach

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

Monthly Payment Calculator



© 2026 Central Panhandle 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 Waves and Woods Realty. Data last updated: 2026-07-14T00:03:59.
www.wavesandwoodsfl.com/homes/175712493
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8730 Thomas Drive , #409 Panama City, FL 32408

  • Price: $425,000
  • Status: Active
  • On Site: 81 Days
  • MLS #: 788796
3
Beds
3
Baths
0
½ Baths
N/A
Acres
1,322
SQFT
$321
$/SQFT
1984
Built
Neighborhood:
Villas Of St. Thomas 4
County:
Bay
Area:
Bay County-Beach
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 Low Rise Garage YN No Patio And Porch Features Balcony Pool Features Community Road Frontage Type Private Road

Interior Features

Entry Level 1 Interior Features Upper Level Primary Rooms Other Bedroom (First Level) Bedroom (Second Level) Living Room (First Level) Kitchen (First Level) Primary Bedroom (Second Level)

Property Features

Association Amenities Dock Sauna Association YN Yes Community Features Clubhouse Dock Pool Waterfront Community Pool Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions IRR New Construction YN No Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Tax Annual Amount 3982 Tax Year 2025 Waterfront Features Bayfront Waterfront YN Yes

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Engel & Voelkers 30A Beaches: 850-424-8680. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle 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 Waves and Woods Realty. Data last updated: 2026-07-14T00:03:59.
 
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