8730 Thomas DR #UNIT 409 Panama City Beach, FL 32408
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,322 sqft
Price per Sqft $321
Subdivision Villas Of St Thomas Iv
MLS Listing ID 1000290
Bedrooms 3
Full Baths 3
HOA Y/N Yes
Year Built 1984
Annual Tax Amount $3,982
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1322
Property Description
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
Location
State FL
County Bay
Community Short Term Rental - Allowed, Bbq Pit/Grill, Boat Launch, Community Room, Dock, Dumpster, Fishing, Gated Community, Picnic Area, Pool, Sauna/Steam Room, Tennis, Tv Cable, Waterfront
Area 27 - Bay County
Direction From Front Beach Road, head east on Thomas Drive. Turn left onto Joan Avenue, then take an immediate right into the gated entrance of St. Thomas Square. Proceed through the gate--Building 400 will be ahead. Unit 409 is located on the second floor, accessible via the left-side stairwell.
Rooms
Kitchen true
Interior
Interior Features Breakfast Bar, Ceiling Cathedral, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup
Heating Central
Cooling Central Air
Flooring Floor Vinyl
Furnishings Furnished - All
Window Features Window Treatment All
Appliance Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, Dock, Tennis Court, Dock, In-Ground Pool, Balcony
Pool Pool - In-Ground, Pool Type
Community Features Short Term Rental - Allowed, BBQ Pit/Grill, Boat Launch, Community Room, Dock, Dumpster, Fishing, Gated Community, Picnic Area, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront
Utilities Available Electric, Public Water, TV Cable
Waterfront Description Unit Waterfront,Intracoastal Wtrwy,Lagoon
View Lagoon, Gulf
Roof Type Tile / Slate
Garage No
Building
Faces From Front Beach Road, head east on Thomas Drive. Turn left onto Joan Avenue, then take an immediate right into the gated entrance of St. Thomas Square. Proceed through the gate--Building 400 will be ahead. Unit 409 is located on the second floor, accessible via the left-side stairwell.
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Pets Allowed No
HOA Fee Include Ground Keeping,Insurance,Land Recreation,Management,Repairs/Maintenance,Sewer,Water,Trash
Tax ID 30473-057-000
Security Features Fire Alarm/Sprinkler
Special Listing Condition Accept Backup Offers
NEARBY SCHOOL & BUSINESS
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