# 8730 Thomas Drive UNIT 409, Panama City Beach, FL 32408

> **TL;DR:** 3bd/3ba condo, $425,000, built 1984. Est. $1,842/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $425,000 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Year Built | 1984 |
| Stories | 2 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,842 |
| **Total** | **$1,842** |

## Nearby Schools

- **Elementary:** Breakfast Point
- **Middle:** Breakfast Point
- **High:** Arnold

## Property Highlights

- Built in 1984
- 2 stories

## Description

### Agent 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

## Location

- **Address:** 8730 Thomas Drive UNIT 409, Panama City Beach, FL 32408
- **County:** Bay
- **Neighborhood:** VILLAS OF ST THOMAS IV
- **Coordinates:** 30.169186, -85.789284
- **Google Maps:** https://www.google.com/maps?q=30.169186,-85.789284

## Listing Agent

- **Name:** Kiley D Parker
- **Brokerage:** Engel & Völkers 30A Beaches
- **Email:** kileydparker@gmail.com

## Primary Photo

![8730 Thomas Drive UNIT 409 - Primary Photo](http://lh.rdcpix.com/809949cad93e11b13e14d7396b818810l-f4011965243r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/8730-thomas-drive-unit-409-panama-city-beach-fl-32408-1000290)*

---

**MLS#:** 1000290 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8730-thomas-drive-unit-409-panama-city-beach-fl-32408-1000290)

---

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