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






