The Story

8730 Thomas Drive 409

Panama City, FL 32408 · Condo

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


Facts & Features

Property Info

Price
$425,000
Completion Year
1,984
Living Space
1,322 sq ft
Bedrooms
3
Bathrooms
3

Features & Amenities

Pool

Yes

Lot Information

Waterfront

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Listing Broker

Engel & Voelkers 30A Beaches

Broker Name

Engel & Voelkers 30A Beaches

Agent

Robert Weil

Location

SANTA ROSA BEACH FL 32459