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About This Home
This 3-bedroom, 3-bathroom condo at 8730 Thomas Drive UNIT 409 in Panama City Beach, FL is listed for $425,000. Built in 1984, on a N/A lot.
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
Key Features
- Built in 1984
- 2 stories
Property Details
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8730 Thomas Drive UNIT 409
Panama City Beach, FL 32408
VILLAS OF ST THOMAS IV
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom condo at 8730 Thomas Drive UNIT 409 is listed at $425,000. The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.
Key features include: Built in 1984, 2 stories. Interior Features: Breakfast Bar, Cathedral Ceiling(s), Recessed Lighting. Exterior Features: Balcony, Dock, Tennis Court(s).
This property is listed by Kiley D Parker or kileydparker@gmail.com.
Kiley D Parker
Agent at Engel & Völkers 30A Beaches
