New Listing
10519 Front Beach Road Unit 902b, Panama City Beach
$390,000 - 2 Beds, 2 Baths, 1,147 SfMLS® # 1011482 Subdivision: Twin Palms Resort
8730 Thomas Drive Unit 409, Panama City Beach
$425,000
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3 Beds
3 Baths
1,322 Sqft
0 Acre
0 Garage
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
Essential Information
- Status
- Active
- MLS® #
- 1000290
- Price
- $425,000
- Days On Website
- 155
- Bedrooms
- 3
- Bathrooms
- 3.00
- Full Baths
- 3
- Square Footage
- 1,322
- Year Built
- 1984
- Type
- Residential
- Sub-Type
- Condominium
- Style
- N/A
Community Information
- Address
- 8730 Thomas Drive Unit 409
- Area
- 27 - Bay County
- Subdivision
- VILLAS OF ST THOMAS IV
- City
- Panama City Beach
- County
- Bay
- State
- FL
- Zip Code
- 32408
SubArea
2723 - Beach - South of Grand Lagoon
Amenities
- Is Waterfront
- Yes
- Has Pool
- Yes
- Pool
- In Ground
Utilities
Electric, Public Sewer, Public Water, TV Cable
View
Gulf, Intracoastal Waterwy, Lagoon
Waterfront
Intracoastal Wtrwy, Lagoon, Waterfront
Interior
- Heating
- Central
- Cooling
- Central Air
Interior Features
Breakfast Bar, Cathedral Ceiling(s), Recessed Lighting, Owner's Closet, Pantry, Washer/Dryer Hookup
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Exterior
- Exterior Features
- Balcony, Dock, Tennis Court(s)
- Windows
- Window Treatments
- Roof
- Slate
School Information
- Elementary
- Breakfast Point
- Middle
- Breakfast Point
- High
- Arnold
Additional Information
- Days on Website
- 155
Listing Details
- Office
- Engel & Voelkers 30A Beaches
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Listing information last updated on September 11th, 2026 at 8:22am CDT.
