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

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

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New to the Market Active
BEDS3 BATHS3 full SQUARE FEET1,322 MLS#788796
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONVillas Of St Thomas 4

Property 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

8730 Thomas Drive , Unit 409 | MLS# 788796

This condo located at 8730 Thomas Drive , Unit 409, Panama City, 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 409 is located in the Villas Of St Thomas 4 subdivision. Search Villas Of St Thomas 4 real estate on www.joinrealtymark.net today.

Property Features

Property Type: Residential - Condominium
Home Style: Low Rise
Taxes: $3,982
Year Built: 1984

Feature Descriptions

Association Amenities: Dock, Sauna
Community Features: Clubhouse, Dock, Pool, Waterfront, Community Pool, Short Term Rental Allowed
Days on Site: 1
Parcel#: 30473-057-000
Pool: Community
Sauna: Yes
Waterfront: Bayfront

Room Sizes

Bedroom: 12 X 12 Level - First
Bedroom: 12 X 12 Level - Second
Living Room: 17 X 15 Level - First
Kitchen: 20 X 15 Level - First
Primary Bedroom: 20 X 15 Level - Second

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

Agency Title: RealtyMark
Agency Phone: 888-240-0600

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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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