3 Beds
3 Baths
1,322 sqft
$425,000
8730 Thomas Drive 409, Panama City FL, 32408
Price per sqft$321.48
Built in1984
Property size1,322 sqft
Property typeCondominium
Overview
Active
Listed Apr 23, 2026
Updated Jul 12
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
$2,828/mo
Est. mortgage payment based on a $425,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 788796
Interior Features
- Bedrooms
- 3
- Bathrooms
- 3
- Basement
- No
Other Property Details
- Taxes
- $3,982
- Tax Frequency
- Annually
- Waterfront
- Yes
Courtesy of Engel & Voelkers 30A Beaches, Robert Weil,
Listing Contact: 850-714-1935
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Silvera Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
© 2026 Central Panhandle Association of REALTORS. All rights reserved.