8730 Thomas Dr Unit 1302A, Panama City Beach, FL, 32408
About This Home
Welcome to your perfect coastal escape at Plazas of St. Thomas--a beautifully maintained studio condo designed for effortless beach living and smart investment potential. Ideal for young professionals or savvy buyers seeking a low-maintenance getaway, this turn-key residence offers comfort, style, and an unbeatable location walking distance to the beach and entertainment. Step inside to find clean, modern tile flooring throughout, creating a bright and easy-to-maintain living space that's ready to enjoy from day one. The open studio layout maximizes functionality while maintaining a relaxed, coastal feel. One of the standout features is the private balcony and is one of very few to have a Gulf view, the perfect place to start your morning with the sunrise and coffee, or unwind in the evening while enjoying the coastal breeze and sunset skies. This property also offers boat parking spaces, making it an exceptional choice for boating enthusiasts who want quick access to the water without the hassle of off-site storage. Whether you're searching for a personal beach retreat, a weekend getaway, or a vacation rental investment, this condo checks every box. With its turn-key condition, desirable amenities, and strong rental appeal, this opportunity at the Plazas of St. Thomas offers the ideal blend of lifestyle and income potential near the beach. Don't miss your chance to own a slice of paradise!
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1985
Materials
- Construction materials: Stucco
Type & Style
- Home type: Condo
- Architectural style: Low Rise
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 623
- Total interior livable area: 623 sqft
Property
Accessibility
- Accessibility features: Common Area,Accessible Elevator Installed
Details
- Parcel number: 30473143000
Features
- Levels: Three Or More
- Stories: 3
- Pool features: In Ground,Community
- Patio & porch: Balcony
- Exterior features: Dock
- Has view: Yes
- View description: Gulf,Lagoon
- Has water view: Yes
- Water view: Gulf,Lagoon
- On waterfront: Yes
- Waterfront features: Other
Lot
- Features: Paved
Parking
- Parking features: Parking Lot,Gated
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,137 | $13,644 |
| Home Insurance * | $309 | $3,708 |
| Property Taxes | $110 | $1,320 |
| Electricity | $197 | $2,366 |
| Total | $1,753 | $21,036 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-07 | Listed for sale | $225,000 |
| 2019-07-24 | Sold | $110,000 |
| 2019-05-20 | Listed for sale | $110,000 |
| 2018-01-11 | Listing removed | $95,000 |
| 2017-12-04 | Listed for sale | $95,000 |
| 2017-11-26 | Pending sale | $95,000 |
| 2017-09-29 | Price change | $95,000 |
| 2017-09-24 | Price change | $98,000 |
| 2017-08-22 | Listed for sale | $100,000 |
| 2015-12-04 | Sold | $64,000 |
| 2015-04-20 | Listed for sale | $72,500 |
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