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8817 S Thomas Drive , A318

Panama City Beach, FL 32408
  • $240,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 794952
UPDATED: 42 min ago
$240,000
  • 0
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 489
    SQFT
  • $491
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1976
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Rental projection is about $36k-$47k at 63% occupancy. This spacious and inviting studio in the heart of Panama City Beach offers a unique combination of beachside convenience, flexibility, and Florida coastal living. Unlike many traditional studio layouts, this unit offers plenty of room to spread out, with two beds, comfortable living space, a dining area, and a mini kitchen . This unit is thoughtfully arranged with an open floor plan. The light wood-plank ceiling adds warmth and coastal character, while multiple windows fill the space with natural light and offer views toward the Gulf of America. The kitchen features white cabinetry, granite countertops, and a stainless-steel refrigerator, providing for a relaxing beach getaway. The open design allows the living and sleeping spaces to flow together while still providing plenty of room to create separate areas for relaxing, dining, and sleeping. One of the best features of this condo? It has an assumable VA loan. Whether you're looking for an easy-to-maintain second home, a convenient beach getaway, or an investment opportunity, this spacious studio offers flexibility for a variety of needs. Its efficient layout and convenient Panama City Beach location make it an appealing option for anyone looking for a comfortable, low-maintenance place near the beach. And then there's the location and amenities! You're just steps from the sugar-white sand and emerald waters of Panama City Beach and within walking distance of the newly opened World Famous Tootsies Orchid Lounge. There's also shopping, dining, entertainment, and everyday conveniences nearby. Spend the day at the beach, relax at the community pool or small kids pool, or take advantage of the fitness room and game room available to owners and guests. During high season, enjoy the convenience of a seasonal snack shack and poolside bar, and when it's time to hit the sand, beach chair rentals are available Gulf-front. Pets are also allowed on the property, adding another level of convenience for those who want to enjoy their beach getaway with their four-legged companions. Whether you're searching for an affordable way to own a piece of Panama City Beach, a weekend escape, or a property with rental history, Unit A318 offers flexibility and a price under 240k with recent updates. Come see just how many possibilities this Panama City Beach studio has to offer! Enjoy it as your own personal retreat, then rent it out when you're not using it, just as the current owners do. All furniture and appliances remain. Recent Updates: New water heater - 2019. New electrical panel - 2026 and Completely remodeled - 2023. Buyer to verify all measurements, dimensions, rental restrictions, HOA information, pet restrictions, amenities, and any information deemed important.to them.

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© 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: 2026-10-15T07:04:19.097.
www.wavesandwoodsfl.com/homes/180812117
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8817 S Thomas Drive , A318 Panama City Beach, FL 32408

  • Price: $240,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 42 min ago
  • MLS #: 794952
0
Beds
1
Baths
0
½ Baths
N/A
Acres
489
SQFT
$491
$/SQFT
1976
Built
Neighborhood:
Top Of The Gulf Condo.
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
Rental projection is about $36k-$47k at 63% occupancy. This spacious and inviting studio in the heart of Panama City Beach offers a unique combination of beachside convenience, flexibility, and Florida coastal living. Unlike many traditional studio layouts, this unit offers plenty of room to spread out, with two beds, comfortable living space, a dining area, and a mini kitchen . This unit is thoughtfully arranged with an open floor plan. The light wood-plank ceiling adds warmth and coastal character, while multiple windows fill the space with natural light and offer views toward the Gulf of America. The kitchen features white cabinetry, granite countertops, and a stainless-steel refrigerator, providing for a relaxing beach getaway. The open design allows the living and sleeping spaces to flow together while still providing plenty of room to create separate areas for relaxing, dining, and sleeping. One of the best features of this condo? It has an assumable VA loan. Whether you're looking for an easy-to-maintain second home, a convenient beach getaway, or an investment opportunity, this spacious studio offers flexibility for a variety of needs. Its efficient layout and convenient Panama City Beach location make it an appealing option for anyone looking for a comfortable, low-maintenance place near the beach. And then there's the location and amenities! You're just steps from the sugar-white sand and emerald waters of Panama City Beach and within walking distance of the newly opened World Famous Tootsies Orchid Lounge. There's also shopping, dining, entertainment, and everyday conveniences nearby. Spend the day at the beach, relax at the community pool or small kids pool, or take advantage of the fitness room and game room available to owners and guests. During high season, enjoy the convenience of a seasonal snack shack and poolside bar, and when it's time to hit the sand, beach chair rentals are available Gulf-front. Pets are also allowed on the property, adding another level of convenience for those who want to enjoy their beach getaway with their four-legged companions. Whether you're searching for an affordable way to own a piece of Panama City Beach, a weekend escape, or a property with rental history, Unit A318 offers flexibility and a price under 240k with recent updates. Come see just how many possibilities this Panama City Beach studio has to offer! Enjoy it as your own personal retreat, then rent it out when you're not using it, just as the current owners do. All furniture and appliances remain. Recent Updates: New water heater - 2019. New electrical panel - 2026 and Completely remodeled - 2023. Buyer to verify all measurements, dimensions, rental restrictions, HOA information, pet restrictions, amenities, and any information deemed important.to them.
Exterior Features

Architectural Style High Rise Attached Garage YN No Foundation Details Pillar / Post / Pier Garage YN No Pool Features Community Stories 8 View Gulf View YN Yes

Interior Features

Accessibility Features Accessible Hallway(s) Cooling Central Air Cooling YN Yes Entry Level 3 Heating Forced Air Heating YN Yes Interior Features Tub Shower Parking Features Parking Lot Rooms Other (Third Level) Units Furnished All Units

Property Features

Association Amenities Beach Rights Association Fee 525 Association Fee Frequency Monthly Association Fee Includes Legal / Accounting Maintenance Grounds Pool(s) Trash Association YN Yes Community Features Pool Community Pool Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 0x0 New Construction YN No Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Smoke Detector(s) Sewer Public Sewer Tax Annual Amount 2584.86 Tax Year 2025 Utilities Cable Connected Waterfront Features Shoreline - Sand Waterfront YN No Zoning Description Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Central Bay Realty and Property Management LLC: 850-257-5016. 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: 2026-10-15T07:04:19.097.
 
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