8730 Thomas Drive 409, Panama City, FL 32408
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Priced at Only: $425,000
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Address: 8730 Thomas Drive 409, Panama City, FL 32408
Property Location and Similar Properties
- MLS#: 788796 ( Residential )
- Street Address: 8730 Thomas Drive 409
- Viewed: 16
- 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: 19
- Additional Information
- Geolocation: 30.1692 / -85.7878
- County: BAY
- City: Panama City
- Zipcode: 32408
- Subdivision: Villas Of St. Thomas 4
- Building: Villas Of St. Thomas 4
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
- Provided by: Engel & Voelkers 30A Beaches
- DMCA Notice
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DescriptionInvestor 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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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: 16
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