Address
8730 Thomas Drive 102, Panama City, FL
Price
$ 240,000
Property Attributes
  • MLS#782480
  • TypeCondos
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area03 - Bay County - Beach
  • NeighborhoodVillas Of St. Thomas 1
  • Zip32408
  • Style
  • Year Built1984
  • Taxes$ 2300
  • Price$ 240,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage680
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Looking for a ready-to-go vacation rental or a low-maintenance seasonal home? This furnished 1-bed, 1.5-bath condo in the gated Villas of St. Thomas community offers everything you need for comfortable coastal living with strong rental appeal. Located on the ground floor with a covered patio overlooking the lagoon, this unit provides easy access and a relaxing waterfront setting that renters and seasonal residents appreciate. The practical interior layout features tile flooring throughout, a functional kitchen with pantry storage, and a private washer and dryer — all valuable perks for longer stays. The full bedroom connects to the main bath, while the extra half bath and sleeper sofa allow guests to stay comfortably, increasing rental flexibility and occupancy potential. Villas of St. Thomas provides amenities that enhance guest experience, including a lagoon-front pool, tennis courts, clubhouse, sauna, and a community dock with direct access to Grand Lagoon for boating, fishing, and kayaking. Short-term rentals are allowed, making this an income-producing opportunity from day one. Located on the east end of Panama City Beach, the condo sits close to the shoreline, local restaurants, marinas, and popular attractions — a convenient spot that keeps renters returning year after year. A turnkey beach property with amenities, location, and rental demand, this unit is ideal for anyone seeking a coastal getaway that can also serve as an investment.

Elementary School Middle School High School
Breakfast Point Elementary School Breakfast Point Middle School Arnold High School
Price History
12/8/2025 Listed $240,000

General Features

Sewer Public Sewer
Property Subtype Condominium
Tax Year 2024
Community Features Barbecue,Clubhouse,Dock,Park,Sauna,Shopping,Tennis Court(s),Waterfront,Community Pool,Gated,Short Term Rental Allowed
County Bay
Property Type Residential
HOA true
Subdivision Name Villas Of St. Thomas 1
Special Listing Conditions Listed As-Is
Status Active
Directions CORNER OF THOMAS DR AND JOAN....TURN INTO VILLAS OF ST THOMAS GO THROUGH GATE CONDO ON THE LEFT.1st Building on the left,
High School Arnold
City Panama City
MLS Area 03 - Bay County - Beach
Elementary School Breakfast Point
Tax Annual Amount 2300
Middle/Junior High School Breakfast Point
MLS Area Minor 0323 - Beach - South of Grand Lagoon
Standard Status Active
Property Sub Type Additional Condominium
Association Amenities Other,See Remarks,Dock,Gated,Barbecue,Picnic Area,Boat Slip,Sauna
Occupancy Type Tenant
Waterfront Features Lagoon
Year Built 1984
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s)
Appliances Washer/Dryer Stacked,Electric Cooktop,Electric Oven,Electric Water Heater
Patio/Porch Features Covered,Porch
Construction Materials Stucco
View Lagoon
Attached Garage false
Garage Y/N false
Total Rooms 3
Full Baths 1
Architectural Style Low Rise
Pool Features Fenced,In Ground,Community
Security Features Gated Community,Security Gate,Smoke Detector(s),Security Service
Unit Number 102
Building Features Dumpster
New Construction false

Interior Features

Total Baths 2
Interior Amenities Main Level Primary,Tub Shower
Furnished Units All Units
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 1
LivingAreaSource Appraiser
Half Baths 1
Laundry Features Stacked

Exterior Features

Lot Features Paved
Lot Dimensions 0x0
Parking Features Gated,Parking Lot
Building Area Total 680
Waterfront Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 32408

Price
AVG $410K
$240K
Taxes
AVG $4,101
$2,300
Year Built
AVG 1995
1984

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