Tap to see more photos
Condo For Sale
8730 Thomas Dr UNIT 409
Panama City Beach, Florida 32408
Bay CountyCommunity: VILLAS OF ST THOMAS IV
$425,000
3 br, 3.0 bath
0 sq. ft.
0.000 acres
Investor Alert - Turnkey 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 fixturesmunity 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
Interior:
- Bedrooms: 3
- Baths: 3.0
- Sq Ft: 0
- Year Built: 1984
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC: Central, Electric (Heating)
- Garage:
Exterior:
- Lot Size: 0.000 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof: Slate
- MLS #: 1000290
Contact Information:
Listing Agent: Kiley D Parker, Engel & Völkers 30A Beaches, , 850-714-1935
Listing Site, Listing Status: Active
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7554316
Viewed 29 times.
Updated: Apr 10, 2026
