- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
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Street View
$240,000
Monthly Est:$1,195
-- Bed
- 1 Bath
1 full bath
489sqft
8817 S Thomas Dr #A318, Panama City, FL 32408
$240,000
$1,195/moEst:
Get Pre-Approved
Condominium
Built in 1976
$525/mo HOA
-- sqft lot
$491/sq.ft
Description
Rental projection is about $36k-$47k at 63% occupancy. This spacious and inviting studio in the heart of Panama City Beach offers a unique combination of beachside convenience, flexibility, and Florida coastal living. Unlike many traditional studio layouts, this unit offers plenty of room to spread out, with two beds, comfortable living space, a dining area, and a mini kitchen . This unit is thoughtfully arranged with an open floor plan. The light wood-plank ceiling adds warmth and coastal character, while multiple windows fill the space with natural light and offer views toward the Gulf of America. The kitchen features white cabinetry, granite countertops, and a stainless-steel refrigerator, providing for a relaxing beach getaway. The open design allows the living and sleeping spaces to flow together while still providing plenty of room to create separate areas for relaxing, dining, and sleeping. One of the best features of this condo? It has an assumable VA loan. Whether you're looking for an easy-to-maintain second home, a convenient beach getaway, or an investment opportunity, this spacious studio offers flexibility for a variety of needs. Its efficient layout and convenient Panama City Beach location make it an appealing option for anyone looking for a comfortable, low-maintenance place near the beach. And then there's the location and amenities! You're just steps from the sugar-white sand and emerald waters of Panama City Beach and within walking distance of the newly opened World Famous Tootsies Orchid Lounge. There's also shopping, dining, entertainment, and everyday conveniences nearby. Spend the day at the beach, relax at the community pool or small kids pool, or take advantage of the fitness room and game room available to owners and guests. During high season, enjoy the convenience of a seasonal snack shack and poolside bar, and when it's time to hit the sand, beach chair rentals are available Gulf-front. Pets are also allowed on the property, adding another level of convenience for those who want to enjoy their beach getaway with their four-legged companions. Whether you're searching for an affordable way to own a piece of Panama City Beach, a weekend escape, or a property with rental history, Unit A318 offers flexibility and a price under 240k with recent updates. Come see just how many possibilities this Panama City Beach studio has to offer! Enjoy it as your own personal retreat, then rent it out when you're not using it, just as the current owners do. All furniture and appliances remain.
Recent Updates: New water heater - 2019. New electrical panel - 2026 and Completely remodeled - 2023. Buyer to verify all measurements, dimensions, rental restrictions, HOA information, pet restrictions, amenities, and any information deemed important.to them.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 6, 2026 at 6:10 pm
- Listing Provided by: Susan R Cantrell DRE #BK3280240 | Central Bay Realty and Property Management LLC (850) 257-5016
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 794952

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
8
County
City
Neighborhood
--
Year Built
1976
HOA Fees
$525/mo
Finished Area
489 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
794952
MLS Status
Active
Days on Market
62
Cumulative Days on Market
34

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Location
HOA Management
N/A
HOA Fees
$525/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Maintenance
Trash Pickup
Beach
Pools
LegalAccounting
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
Bedroom: --
Bathroom: 1
Other
Level: Third
Area: 0.00 Square Feet
Dimensions: 0 x 0
Interior
Sewer
Public Sewer
Cooling
Central Air
Interior Features
Tub Shower
Heating
Forced Air
Construction
Year Built
Year Built: 1976
Home type
Condominium
Foundation Details
Pillar Post Pier
Architectural Style
High Rise
Utilities & Energy
Pool Features
Community
Utilities
Cable Connected
Association Amenities
Beach Rights
Parking Features
Parking Lot
Security Features
Smoke Detectors
Other Features
Community Features
Pool, Community Pool, Short Term Rental Allowed
Subdivision Name
Top Of The Gulf Condo.
Price History
| Date | Event | Price |
|---|---|---|
09/02/2026 Source: | Listed for Sale | $240,000 $491/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Nov 04, 2026, 11:00PM. 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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