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    8730 Thomas Drive 409
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    PRICED AT ONLY: $425,000

    Address: 8730 Thomas Drive 409, Panama City, FL 32408

    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

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    More Like This
    • MLS#: 788796 ( Residential )
    • Street Address: 8730 Thomas Drive 409
    • Viewed: 10
    • Price: $425,000
    • Price sqft: $321
    • Waterfront: Yes
    • Wateraccess: Yes
    • Waterfront Type: Bayfront
    • Year Built: 1984
    • Bldg sqft: 1322
    • Bedrooms: 3
    • Total Baths: 3
    • Full Baths: 3
    • Days On Market: 15
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Living Area: 0.00
    School Information
    • High School: Arnold
    • Middle School: Breakfast Point
    • School Elementary: Breakfast Point
    Garage and Parking
    • Garage Spaces: 0.00
    • Open Parking Spaces: 0.00
    Eco-Communities
    • Pool Features: Community
    Utilities
    • Carport Spaces: 0.00
    • Road Frontage Type: PrivateRoad
    Amenities
    • Association Amenities: Dock, Sauna
    Finance and Tax Information
    • Home Owners Association Fee: 0.00
    • Insurance Expense: 0.00
    • Net Operating Income: 0.00
    • Other Expense: 0.00
    • Pet Deposit: 0.00
    • Security Deposit: 0.00
    • Tax Year: 2025
    • Trash Expense: 0.00
    Other Features
    • Legal Description: VILLAS OF ST THOMAS IV UNIT 409 TYPE E ORB 972 P 1550 3BR 3B 1322 H&C ORB 4687 P 1947
    • Area Major: 03 - Bay County - Beach
    • Occupant Type: Tenant
    • Parcel Number: 30473-057-000
    • Style: LowRise
    • The Range: 0.00
    • Unit Number: 409
    • Views: 10
    Nearby Subdivisions
    [no Recorded Subdiv]   Bay Point Golf Villas I   Bay Point Grand Residences   Bay Point Harbour Villas   Bay Point Studio Villas Unit 2   Bay Point Studio Villas Unit 3   Boardwalk Central   Dockside North   Dunes Of Panama Phase Iv   Dunes Of Panama Phase V   Emerald Park Condominium   Grand Lagoon Cove Condominium   Grande Surf Club Condo   Greenwood Estates 1   Greenwood Estates 5   Greenwood Estates 8   Gulf Crest Condo   Hidden Dunes Condo   Lagoon Towers Phase I   Laketown Wharf   Laketown Wharf Phase Ii   Largo Mar Condo   Magnolia Bay Club   Marina Club Village   Mariner West Condo   Moondrifter   Nautical Watch Ii   Ocean Terr. Condo.   Palisades Condo Ph 1   Plazas Of St.thomas I   Princess Condo   Reflections   Regency Towers   Sand Castles Villa   Sand Castles Villas Condo   Seychelles Resort Condominium   Shade Tree Condo Ph Ii   Shade Tree Condo.   Shores Of Panama   Shores Of Panama Ii   Shores Of Panama Phase I   Shores Of Panama Phase Ii   St. Andrews Park Place   Sugar Beach Condo   Summerhouse Condo.   Summerhouse Of P.c. 2   Summerhouse Of P.c. 3   Summerwinds Condo   Summit   Sun Seeker Condo   Sunbird Condo   Sunswept 3   Sunswept 4   The Commodore   The Summit   Top Of The Gulf Condo.   Treasure Cove Condo.   Treasure Island Resort   Villas Of St. Thomas 1   Villas Of St. Thomas 3   Villas Of St. Thomas 4   Watercrest Condo   Waterhaven   Whispering Seas  
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