Ad #7554316
MLS #1000290
Investor Alert - Turnkey with Immediate Cash Flow
8730 Thomas Dr UNIT 409, Panama City Beach, FL 32408
$425,000
3Beds
3Baths
--Sqft
--Acres
About this property
Investor Alert - Turnkey 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 fixturesmunity 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
Property Features
3 Beds
3 Baths
0 Sqft
Built in 1984
0.000 Acres
2 Stories
Slate Roof
Has Dock
Central, Electric (Heating)
Bay County
VILLAS OF ST THOMAS IV Community
Additional Photos
Contact Information
Kiley D Parker
Engel & Völkers 30A Beaches
Location
Listing Agent: Kiley D Parker
Broker: Engel & Völkers 30A Beaches 850-714-1935 Listing Site
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.
Broker: Engel & Völkers 30A Beaches 850-714-1935 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$425,000
3
Beds
3
Baths
--
Sqft
8730 Thomas Dr UNIT 409, Panama City Beach, FL 32408
By contacting this agent you agree to these Terms and Conditions.
MLS# 1000290
Investor Alert - Turnkey with Immediate Cash Flow
$425,000
8730 Thomas Dr UNIT 409, Panama City Beach, FL 32408
3
Beds
3
Baths
--
Sqft
--
Acres
$425,000
8730 Thomas Dr UNIT 409, Panama City Beach, FL 32408
3 Beds
3 Baths
-- Sqft
-- Acres
Investor Alert - Turnkey 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 fixturesmunity 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
123 days
on BeachHouse.com
82
views
0
saves
Property Details
HOME DETAILS
3 Beds
3 Baths
0 Sqft
Built in 1984
0.000 Acres
2 Stories
EXTERIOR
Slate Roof
Has Dock
INTERIOR
Central, Electric (Heating)
FINANCIAL & COMMUNITY
Bay County
VILLAS OF ST THOMAS IV Community
See More Details
Location
Mortgage Calculator
About Panama City Beach
Find Vacation Rental Beach Houses on Panama City Beach in FL! Book online - beachfront homes, cottages and condos for rent. Oceanfront homes with private pools. One of the best destinations for families. Pay less (no service fees!) and get a great deal on popular rentals now. Find family fun things to do in the Gulf Coast of Florida. A tropical paradise for a romantic waterfront wedding.
Ad Statistics
Ad Number
7554316
Viewed
82 times
Listing Status
Active
Added
Apr 10, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Engel & Völkers
Source Property ID
1000290
Listing Agent: Kiley D Parker
Broker: Engel & Völkers 30A Beaches 850-714-1935 Listing Site
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.
Broker: Engel & Völkers 30A Beaches 850-714-1935 Listing Site
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.
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