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8730 Thomas Drive, Unit 409
Panama City, FL 32408

$425,000 - Status: Active

Beds: 3

Baths: 3 full

SQFT (H&C): 1,322

MLS# 788796

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

Property Features

MLS#: 788796

Zip: 32408

Subdivision: Villas Of St Thomas 4

Development: 0323 - Beach - South Of Grand Lagoon

Property Type: Residential - Condominium

Days on Site: 84

Home Style: Low Rise

Taxes: $3,982

Year Built: 1984

SQFT (H&C): 1,322

Feature Descriptions

Association Amenities: Dock, Sauna

Community Features: Clubhouse, Dock, Pool, Waterfront, Community Pool, Short Term Rental Allowed

Interior Features: Upper Level Primary

Parcel#: 30473-057-000

Patio/Porch: Balcony

Pool: Community

Sauna: Yes

Waterfront: Bayfront

Room Sizes

Bedroom: 12 X 12 Level - First

Bedroom: 12 X 12 Level - Second

Living Room: 17 X 15 Level - First

Kitchen: 20 X 15 Level - First

Primary Bedroom: 20 X 15 Level - Second

Local Schools

High School: Arnold

Middle School: Breakfast Point

Elementary School: Breakfast Point

8730 Thomas Drive, Unit 409 | MLS# 788796

This condo located at 8730 Thomas Drive, Unit 409, Panama City, FL 32408 is currently listed for sale with an asking price of $425,000. This property was built in 1984 and has 3 bedrooms and 3 full baths with 1322 sq. ft. Thomas Drive, Unit 409 is located in the Villas Of St Thomas 4 subdivision. Search Villas Of St Thomas 4 real estate on dhove.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Engel & Voelkers 30A Beaches

Shown By

Agent Name: Debby Hove
Agent Phone: (850) 960-8321
Agency Title: Beachy Beach Real Estate

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8730 Thomas Drive, Unit 409Panama City, FL 32408