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Off market
  • $175,000

    8730 Thomas Dr Unit 1305, Panama City Beach, FL 32408

    0beds
    623sqft
    Condo
    Built in 1985
    -- sqft lot
    $175,000 Zestimate®
    $281/sqft
    $1,444 Estimated rent

    Home value

    $175,000

    $156,000 - $196,000

    $1,444/mo

    Zestimate® history
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    Owner options

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    $1,444/mo

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    $1,444/mo

    Rent Zestimate®

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    $26,974/mo

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    $26,974/mo

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    What's special

    St. Thomas Square is an ideal location for you who love coming to Panama City Beach for the beach and water sports! It is nestled between the glimmering emerald waters of the Gulf of Mexico and Grand Lagoon.For beach lovers it is only one block from the beach directly across from the public access to the beach. That means you can walk or, if you prefer, drive less than five minutes to enjoy the Emerald Coast.Water sports enthusiasts bring your watercraft and keep it at the property's own dock and park your trailer on the premises. Then you can go fishing, boating, or waterskiing anytime you wish. You are just a 30 minute ride to Shell Island, dockside restaurants and the Gulf of Mexico. Dock will accommodate boats up to 30 feet, has electricity, and a fish cleaning station. You can walk to restaurants, coffee shop, nail salon, hair salon, and amusements from your new condo. St. Thomas Square’s unique location makes it a desirable vacation destination. You can come anytime you like and share it with friends and family. Best of all, it is a great vacation rental property. That means you can rent your unit when you are not using it and it will practically pay for itself. So have a vacay stay for nearly free. Unit number 1305 at St. Thomas Square is a 623 ft.² studio condo suitable for both vacationing and as a vacation rental. This combo comes fully furnished and includes washer and dryer. It is offered at $87,000. Conventional financing is available with 10% down if used as a second home. There is still time to purchase this unit in time for the busy rental season so it can start paying for itself, and for you a practically free vacation.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 623 sqft

    Property

    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 435 Square Feet
    Details
    • Parcel number: 30473152000

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1985

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $25,787 monthly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $281/sqft
    • Tax assessed value: $230,823
    • Annual tax amount: $2,033

    Price history

    DateEventPrice
    1/12/2016Listing removed$87,000$140/sqft
    Source: Keller Williams Success Realty #637608 Report a problem
    11/2/2015Listed for sale$87,000-48.2%$140/sqft
    Source: Keller Williams Success Realty #637608 Report a problem
    5/1/2015Listing removed--
    Source: Auction.com Report a problem
    4/9/2015Listed for sale--
    Source: Auction.com Report a problem
    2/17/2005Sold$168,000+154.5%$270/sqft
    Source: Public Record Report a problem
    11/12/2002Sold$66,000-2.2%$106/sqft
    Source: Public Record Report a problem
    8/12/2002Sold$67,500$108/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,033 +6.7%$109,926 +10%
    2023$1,906 +35.3%$99,933 +10%
    2022$1,409 $90,848
    2021-- --
    2020$1,116 +19.6%$75,081 +3.5%
    2019$934 $72,522 +6.3%
    2018$934 +4.4%$68,255 +8.5%
    2017$894 -0.3%$62,879 +10%
    2016$897 +8.7%$57,163 -3.9%
    2015$825 $59,500
    2014$825 $59,500 +3.7%
    2013-- $57,375 +9.7%
    2012-- $52,292 -29.4%
    2011-- $74,077
    2010-- $74,077
    2009-- $74,077 -5%
    2008-- $77,976
    2007-- $77,976 -50.3%
    2006-- $156,877 +240%
    2005-- $46,140
    2004-- $46,140
    2003-- $46,140
    2002-- $46,140
    2001-- $46,140
    2000-- $46,140
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $175,000
    2% more
    +$3,500
    With Zillow Showcase(estimated)
    $178,500
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $175,000
    2% more
    +$3,500
    With Zillow Showcase(estimated)
    $178,500