8730 Thomas Dr Unit 409, Panama City Beach, FL, 32408
About This Home
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
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1984
Type & Style
- Home type: Condo
- Architectural style: Low Rise
- Property subType: Condominium
Interior
Bedroom
- Level: Second
- Dimensions: 12 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Interior Area
- Total structure area: 1,322
- Total interior livable area: 1,322 sqft
Kitchen
- Level: First
- Dimensions: 20 x 15
Living Room
- Level: First
- Dimensions: 17 x 15
Master Bedroom
- Level: Second
- Dimensions: 20 x 15
Property
Details
- Parcel number: 30473057000
Features
- Pool features: Community
- On waterfront: Yes
- Waterfront features: Bayfront
Lot
- Lot size dimensions: IRR