- Overview
- Description
- Property Details
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- HOA Management
- Facts & Features
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Street View
$389,900
Monthly Est:$1,941
3 Beds
3 Baths3 full baths
1,322sqft
8730 Thomas Dr #409, Panama City, FL 32408
$389,900
$1,941/moEst:
Get Pre-Approved
Condominium
Built in 1984
$959.33/mo HOA
-- sqft lot
$295/sq.ft
Description
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
- Houzeo last checked: 5 minutes ago
- Listing updated: November 3, 2026 at 3:48 pm
- Listing Provided by: Robert Weil (850) 714-1935 DRE #BK3256789 | Engel & Voelkers 30A Beaches (850) 424-8680
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 788796
This condo is in:
Boat Dock / Slip
Marina
Sauna / Steam Room
Business Center
Barbecue Area
Gazebo / Pergola
Picnic Area
Gated CommunityProperty Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
--
Year Built
1984
HOA Fees
$959.33/mo
Finished Area
1,322 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
788796
MLS Status
Active
Days on Market
195
Cumulative Days on Market
194
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Location
HOA Management
N/A
HOA Fees
$2,878/ Quarterly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Trash Pickup
Spa
Maintenance
Club House
Pools
Dock
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Bedroom
Level: First
Area: 144.00 Square Feet
Dimensions: 12 x 12
Bedroom
Level: Second
Area: 144.00 Square Feet
Dimensions: 12 x 12
LivingRoom
Level: First
Area: 255.00 Square Feet
Dimensions: 17 x 15
Kitchen
Level: First
Area: 300.00 Square Feet
Dimensions: 20 x 15
PrimaryBedroom
Level: Second
Area: 300.00 Square Feet
Dimensions: 20 x 15
Interior
Interior Features
Upper Level Primary
Construction
Year Built
Year Built: 1984
Home type
Condominium
Architectural Style
Low Rise
Utilities & Energy
Association Amenities
Dock, Sauna
Pool Features
Community
Other Features
Community Features
Clubhouse, Dock, Pool, Waterfront, Community Pool, Short Term Rental Allowed
Subdivision Name
Villas Of St. Thomas 4
Patio And Porch Features
Balcony
Price History
| Date | Event | Price |
|---|---|---|
04/23/2026 Source: | Price Decreased | $389,900 -8.26% $295/sqft |
08/29/2025 Source: #A11868763 | Listed for Sale | $425,000 $321/sqft |
08/29/2025 Source: #A11868763 | Off Market | $425,000 +6.38% $321/sqft |
05/06/2023 Source: | Price Increased | $399,500 +33.21% $302/sqft |
04/30/2021 Source: | Price Increased | $299,900 +3.06% $227/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Nov 04, 2026, 11:15PM. 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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