5801 Thomas Drive Unit 814, Panama City Beach
$489,000 - 2 Beds, 2 Baths, 1,144 Sf
MLS® # 992265
8730 Thomas Drive Unit 409, Panama City Beach
$425,000
3 Beds
3 Baths
1,322 Sqft
0 Acre
0 Garage
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
Essential Information
MLS® #1000290
Price$425,000
Bedrooms3
Bathrooms3.00
Full Baths3
Square Footage1,322
Year Built1984
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Address8730 Thomas Drive Unit 409
Area27 - Bay County
SubdivisionVILLAS OF ST THOMAS IV
CityPanama City Beach
CountyBay
StateFL
Zip Code32408
Amenities
Is WaterfrontYes
Has PoolYes
PoolIn Ground
Utilities
Electric, Public Sewer, Public Water, TV Cable
View
Gulf, Intracoastal Waterwy, Lagoon
Waterfront
Intracoastal Wtrwy, Lagoon, Waterfront
Interior
HeatingCentral
CoolingCentral Air
Interior Features
Breakfast Bar, Cathedral Ceiling(s), Recessed Lighting, Owner's Closet, Pantry, Washer/Dryer Hookup
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Exterior
Exterior FeaturesBalcony, Dock, Tennis Court(s)
WindowsWindow Treatments
RoofSlate
School Information
ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold
Listing Details
OfficeEngel & Voelkers 30A Beaches
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Listing information last updated on May 14th, 2026 at 9:22am CDT.
