For sale

Price cut: $10K (7/28)

$289,000

8730 Thomas Dr Unit 308, Panama City Beach, FL 32408

2beds

1,000sqft

$2,501/mo

Get pre-qualified

Condominium

Built in 1984

-- sqft lot

$277,200 Zestimate^®

$289/sqft

$625/mo HOA

What's special

Boat dockPrivate balconyCommunity roomCoastal breezeBoat parkingLagoon waterfront livingOverlooks the stunning lagoon

WATERFRONT....Do you have a boat?? Lagoon Waterfront living at its best! This beautifully maintained 2 bedroom, 2 bath condo overlooks the stunning Lagoon with direct access leading to the Gulf and Bays -- a true paradise for fishing and boating enthusiasts. Enjoy breathtaking water views from your private balcony while relaxing in the coastal breeze. This community offers wonderful amenities designed for relaxation and fun, including a boat dock, boat parking, pool, sauna, community room, picnic area, tennis and pickleball courts, dog walking area and 1.5 blocks to the spectacular white sandy beach and Emerald Green Gulf Water. Conveniently located near popular restaurants, local bars, shopping, and family entertainment, making it perfect as a primary residence, vacation getaway, or investment property. Experience the perfect blend of coastal charm, recreation, and convenience all in one incredible location! MUST SEE!!!

103 days
285
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Level: Second
Dimensions: 15 x 12

Bedroom

Level: First
Dimensions: 12 x 11

Kitchen

Level: First
Dimensions: 10 x 7

Living room

Description: Living Room/Dining Area
Level: First
Dimensions: 15 x 13

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater
Laundry: Stacked

Features

Tub Shower, Upper Level Primary, Walk-In Closet(s)

Interior area

Total structure area: 1,000
Total interior livable area: 1,000 sqft

Property

Parking

Parking features: Gated, Parking Lot

Features

Patio & porch: Balcony
Exterior features: Boat Slip, Dock
Pool features: In Ground, Community
Has view: Yes
View description: Lagoon
Has water view: Yes
Water view: Lagoon
Waterfront features: Lagoon

Lot

Features: Paved

Details

Additional structures: RV/Boat Storage, Tennis Court(s)
Parcel number: 30473040000
Special conditions: Listed As-Is

Construction

Type & style

Home type: Condo
Architectural style: Low Rise
Property subtype: Condominium

Materials

Stucco

Condition

New construction: No
Year built: 1984

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Electricity Available

Community & HOA

Community

Features: Barbecue, Clubhouse, Conference/Meeting Room, Dock, Fishing, Park, Pool, Sauna, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Security: Gated Community
Subdivision: Villas Of St. Thomas 3

HOA

Has HOA: Yes
Amenities included: Dock, Gated, Barbecue, Picnic Area, Sauna
Services included: Association Management, Clubhouse, Fishing Rights, Insurance, Maintenance Grounds, Pest Control, Pool(s), Tennis Courts, Trash, Water
HOA fee: $1,874 quarterly

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $289/sqft
Tax assessed value: $251,175
Annual tax amount: $2,754
Date on market: 5/18/2026
Cumulative days on market: 104 days
Electric utility on property: Yes

Estimated market value

$277,200

$263,000 - $291,000

$1,771/mo

Price history

Date	Event	Price
7/28/2026	Price change	$289,000-3.3%$289/sqft
Source: ECAOR #1003417 Report a problem
5/18/2026	Listed for sale	$299,000+130.2%$299/sqft
Source: CPAR #790018 Report a problem
11/24/2014	Sold	$129,900$130/sqft
Source: CPAR #624751 Report a problem
11/15/2014	Pending sale	$129,900$130/sqft
Source: ADDvantage Real Estate #624751 Report a problem
6/24/2014	Listed for sale	$129,900+6%$130/sqft
Source: Owner Report a problem
7/7/2003	Sold	$122,500$123/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,703 +17.3%	$190,414 +10%
2023	$2,304 +20%	$173,104 +10%
2022	$1,920	$157,367
2021	--	--
2020	$1,933 +5.9%	$130,055 +10%
2019	$1,825	$118,232 +10%
2018	$1,825 +13.2%	$107,484 +10%
2017	$1,612 +11.2%	$97,713 +10%
2016	$1,450 +19.6%	$88,830
2015	$1,212	$88,830 +15.4%
2014	$1,212	$76,986 -3.8%
2013	--	$80,032 +10%
2012	--	$72,756 -13.1%
2011	--	$83,754 -13.9%
2010	--	$97,290
2009	--	$97,290 -29.5%
2008	--	$137,983 -13%
2007	--	$158,601 +30%
2006	--	$122,001
2005	--	$122,001 +113.3%
2004	--	$57,209
2003	--	$57,209
2002	--	$57,209
2001	--	$57,209
2000	--	$57,209