8730 Thomas Dr Unit 409, Panama City Beach, FL 32408

Get pre-qualified

Get price drop alert on this property the moment it happen

3beds

0baths

1,322sqft

1984year built

ActiveResidentialResidentialHOA NoneMLS# 1000290

Listed by: Kiley D Niles 865-755-8502, Engel & Voelkers 30A Beaches

Source:Emerald Coast MLS (ECAR)|MLS #1000290

What's special

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

Bedrooms3

Bathrooms0

Year built1984

Home typeResidential

Property subtypeResidential

Living area1,322 sqft

Pool featuresPool - In-Ground, Pool Type

RegionPanama City Beach, FL

Has HOAYes

HOA feeNone

Price per square foot$321/sqft

Date on market2026-04-09T00:00:00.000Z