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

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

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Active
BEDS3 BATHS3 full SQUARE FEET1,322 MLS#1000290
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONVILLAS OF ST THOMAS IV

Property Description

Investor Alert - Turnkey Airbnb with Immediate Cash FlowExceptional 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 UNIT 409 | MLS# 1000290

This condo located at 8730 Thomas Drive, Unit UNIT 409, Panama City Beach, 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 UNIT 409 is located in the VILLAS OF ST THOMAS IV subdivision. Search VILLAS OF ST THOMAS IV real estate on rstewart.therealtyvault.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Home Style: N/A
Taxes: $3,982
Year Built: 1984

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: Ground Keeping, Insurance, Land Recreation, Management, Repairs/Maintenance, Sewer, Water, Trash
Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Boat Launch, Community Room, Dock, Dumpster, Fishing, Gated Community, Picnic Area, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront
Days on Site: 9
Exterior: Balcony, Dock, Tennis Court
Financing Terms: Conventional, Other
Flooring: Floor Vinyl
HOA: Yes
Interior: Breakfast Bar, Ceiling Cathedral, Lighting Recessed, Owners Closet, Pantry, Washer/Dryer Hookup
Parcel Number: 30473-057-000
Pool Features: Pool - In-Ground, Pool Type
Property Condition: Construction Complete
Rooms Total: 6
Sauna: Yes
Sewer: Public Sewer
Special View Info: Lagoon, Gulf
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable
Waterfront: Unit Waterfront, Intracoastal Wtrwy, Lagoon
Window: Window Treatment All

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

Agent Name: Ranae Stewart
Agent Phone: (850) 619-4224
Agency Title: The Realty Vault

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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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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 04/19/2026. The listing information on this page last changed on 04/19/2026. 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 Sun 04/19/2026 2:50:02 AM EST) or Pensacola MLS (last updated Sun 04/19/2026 12:13:07 AM EST) or Baldwin County MLS (last updated Sun 04/19/2026 2:31:10 AM EST) or Emerald Coast MLS (last updated Sun 04/19/2026 12:05:27 AM EST). Real estate listings held by brokerage firms other than The Realty Vault 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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