REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Kerry Jayne Jackson

realtyexpertkerry@gmail.com +1(850) 960-8646

$ 425,000

Est. payment -/mo

Save

Active

8730 Thomas DR #409 Panama City, FL 32408

3 Beds

3 Baths

1,322 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,322 sqft

Price per Sqft $321

Subdivision Villas Of St. Thomas 4

MLS Listing ID 788796

Style Low Rise

Bedrooms 3

Full Baths 3

HOA Y/N Yes

Year Built 1984

Annual Tax Amount $3,982

Tax Year 2025

Property Sub-Type Condominium

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

Location

State FL

County Bay

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

Area 03 - Bay County - Beach

Interior

Interior Features Upper Level Primary

Fireplace No

Exterior

Pool Community

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

Amenities Available Dock, Sauna

Waterfront Description Bayfront

Water Access Desc Bayfront

Porch Balcony

Private Pool No

Building

Architectural Style Low Rise

New Construction No

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

Restrictions Short Term Rentals Allowed

Tax ID 30473-057-000

Listed by Engel & Voelkers 30A Beaches

Schools and Properties Nearby

Kerry Jayne Jackson

Broker Associate | License ID: 7692

+1(850) 960-8646

Learn More About LPT Realty