$425,000

8730 Thomas Drive 409, Panama City, FL 32408

3 beds |
3 baths |
1,322 sqft

Condominium
Built in 1984
—— sqft lot
—— car garage
$321/sqft
Listed 7 days ago

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

Listing Status:: Active
Date Added:: April 23, 2026
Data Last Updated:: May 1, 2026 at 1:16AM
Listing Office:: Engel & Voelkers 30A Beaches : 850-424-8680
MLS ID:: 788796

Style: Low Rise
Pool: Community

Road/Access: Private Road
HOA Amenities: DockSauna
Originating MLS: CPAR_CPAR
County: Bay

Zoning: VILLAS OF ST THOMAS IV UNIT 409 TYPE E ORB 972 P 1550 3BR 3B 1322 H&C ORB 4687 P 194730473-057-000

Source: CPAR_CPAR

This listing courtesy of Engel & Voelkers 30A Beaches

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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