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Street View
$240,000
Monthly Est:$1,195
1 Bed
- 2 Baths
1 full bath + 1 half bath
680sqft
8730 Thomas Dr #102, Panama City, FL 32408
$240,000
$1,195/moEst:
Get Pre-Approved
Condominium
Built in 1984
$-- HOA
-- sqft lot
$353/sq.ft
Description
Looking for a ready-to-go vacation rental or a low-maintenance seasonal home? This furnished 1-bed, 1.5-bath condo in the gated Villas of St. Thomas community offers everything you need for comfortable coastal living with strong rental appeal. Located on the ground floor with a covered patio overlooking the lagoon, this unit provides easy access and a relaxing waterfront setting that renters and seasonal residents appreciate.
The practical interior layout features tile flooring throughout, a functional kitchen with pantry storage, and a private washer and dryer — all valuable perks for longer stays. The full bedroom connects to the main bath, while the extra half bath and sleeper sofa allow guests to stay comfortably, increasing rental flexibility and occupancy potential.
Villas of St. Thomas provides amenities that enhance guest experience, including a lagoon-front pool, tennis courts, clubhouse, sauna, and a community dock with direct access to Grand Lagoon for boating, fishing, and kayaking. Short-term rentals are allowed, making this an income-producing opportunity from day one.
Located on the east end of Panama City Beach, the condo sits close to the shoreline, local restaurants, marinas, and popular attractions — a convenient spot that keeps renters returning year after year. A turnkey beach property with amenities, location, and rental demand, this unit is ideal for anyone seeking a coastal getaway that can also serve as an investment.
- Houzeo last checked: 2 minutes ago
- Listing updated: June 18, 2026 at 9:24 pm
- Listing Provided by: Kelsey Payne (850) 541-5382 , Amber C Enfinger (850) 520-7739 | Simply South Realty (850) 541-5382
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 782480

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
--
Year Built
1984
HOA Fees
-
Finished Area
680 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
782480
MLS Status
Active
Days on Market
330
Cumulative Days on Market
192

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 2
Kitchen
Level: First
Area: 84.00 Square Feet
Dimensions: 12 x 7
FamilyRoom
Level: First
Area: 195.00 Square Feet
Dimensions: 15 x 13
PrimaryBedroom
Level: First
Area: 132.00 Square Feet
Dimensions: 12 x 11
Interior
Heating
Central, Electric
Cooling
Central Air, Ceiling Fans
Sewer
Public Sewer
Appliances
Washer Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater
Interior Features
Main Level Primary, Tub Shower
Construction
Year Built
Year Built: 1984
Home type
Condominium
Architectural Style
Low Rise
Construction Materials
Stucco
Utilities & Energy
Pool Features
Fenced, In Ground, Community
Security Features
Gated Community, Security Gate, Smoke Detectors, Security Service
Parking Features
Gated, Parking Lot
Laundry Features
Stacked
Association Amenities
Other, See Remarks, Dock, Gated, Barbecue, Picnic Area, Boat Slip, Sauna
Other Features
Patio And Porch Features
Covered, Porch
Lot Features
Paved
Subdivision Name
Villas Of St. Thomas 1
Community Features
Barbecue, Clubhouse, Dock, Park, Sauna, Shopping, Tennis Courts, Waterfront, Community Pool, Gated, Short Term Rental Allowed
Price History
| Date | Event | Price |
|---|---|---|
12/08/2025 Source: | Price Increased | $240,000 +6.67% $353/sqft |
07/20/2025 Source: | Price Increased | $225,000 +4.70% $331/sqft |
06/29/2025 Source: | Price Decreased | $214,900 -3.63% $316/sqft |
06/10/2025 Source: | Price Decreased | $223,000 -0.89% $328/sqft |
05/10/2025 Source: | Listed for Sale | $225,000 $331/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Nov 04, 2026, 11:45PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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