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$425,000
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
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Contact agent
| Date | Event | Price |
|---|---|---|
| 2026-04-10T00:00:00.000Z | Listed for sale | $425,000$0/sqft |
Kiley D Niles
Engel & Voelkers 30A Beaches
Brokerage Phone: 850-714-1935
Source: Emerald Coast MLS · MLS #1000290
Data Powered by Home Junction, Inc.
PATRONIS ELEMENTARY SCHOOL
Elementary · 1.4 mi
A. GARY WALSINGHAM ACADEMY
Elementary · 2.1 mi
BREAKFAST POINT ACADEMY
Elementary · 2.6 mi
Newby's Trading Co. and Surf Shack
0.1 mi
Slinky Station
0.7 mi
Florida Winery
0.9 mi
David's New Orleans Style Snow
0.2 mi
Neon’s Beach Shack
0.2 mi
Wheelhouse Sandwich Deli
0.2 mi
Richard Seltzer Park
0.9 mi
Panama City Beach
1.2 mi
St. Andrews State Park Beach
4.3 mi
Delwood Beach
4.8 mi
Nearby amenity locations include data © OpenStreetMap contributors.