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8730 Thomas Drive , Unit 409, Panama City, FL 32408

$425,000
  • 8730 Thomas Drive , Unit 409, Panama City, FL 32408 Main Photo

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New to the Market Active
BEDS3 BATHS3 full SQUARE FEET1,322 MLS#788796
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONVillas Of St Thomas 4

Property 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

8730 Thomas Drive , Unit 409 | MLS# 788796

This condo located at 8730 Thomas Drive , Unit 409, Panama City, FL 32408 is currently listed for sale with an asking price of $425,000. This property was built in 1984 and has 3 bedrooms and 3 full baths with 1322 sq. ft. Thomas Drive , Unit 409 is located in the Villas Of St Thomas 4 subdivision. Search Villas Of St Thomas 4 real estate on www.realtymark.net today.

Property Features

Property Type: Residential - Condominium
Home Style: Low Rise
Taxes: $3,982
Year Built: 1984

Feature Descriptions

Association Amenities: Dock, Sauna
Community Features: Clubhouse, Dock, Pool, Waterfront, Community Pool, Short Term Rental Allowed
Parcel#: 30473-057-000
Pool: Community
Sauna: Yes
Waterfront: Bayfront

Room Sizes

Bedroom: 12 X 12 Level - First
Bedroom: 12 X 12 Level - Second
Living Room: 17 X 15 Level - First
Kitchen: 20 X 15 Level - First
Primary Bedroom: 20 X 15 Level - Second

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

Listed By / Shown By

Listed By

Agency Name: Engel & Voelkers 30A Beaches

Shown By

Agency Title: RealtyMark
Agency Phone: 888-240-0600

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Estimated Payment

$ 1,401.66 per month $945.87 Principal & Interest $331.83 Property Tax $123.96 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/23/2026. The listing information on this page last changed on 04/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/23/2026 12:00:15 AM EST) or Stellar MLS (last updated Wed 04/22/2026 11:44:12 PM EST) or GSMLS (last updated Wed 04/22/2026 11:54:09 PM EST) or Emerald Coast MLS (last updated Wed 04/22/2026 11:55:25 PM EST) or Central Panhandle Association of Realtors (last updated Wed 04/22/2026 11:57:22 PM EST) or Beaches MLS (last updated Wed 04/22/2026 11:58:05 PM EST) or Naples MLS (last updated Wed 04/22/2026 11:40:20 PM EST) or Bright MLS (last updated Wed 04/22/2026 11:50:14 PM EST) or OneKey MLS (last updated Wed 04/22/2026 11:53:13 PM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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