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
Listed By
Agency Name: Engel & Voelkers 30A Beaches
Shown By
Agent Name: Ranae Stewart
Agent Phone: (850) 619-4224
Agency Title: The Realty Vault
Estimated Payment
$ 1,401.66 per month $945.87 Principal & Interest $331.83 Property Tax $123.96 Homeowner's Insurance
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.