No Realtor Needed - Buyers Agent Welcome.
Pending Contract - Taking Backup Offers.
Looking for a ready-to-go vacation rental or a low-maintenance seasonal home? This furnished 1-bed, 1-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 a private pond with sprinkler, this unit provides easy access and a relaxing waterfront setting that renters and seasonal residents appreciate.
The practical interior layout features tile/plank 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. There is a sleeper sofa to 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.
For sale by owner
$210,000
8730 Thomas Dr Unit 505, Panama City Beach, FL 32408
1beds
680sqft
Condo
Built in 1985
-- sqft lot
$-- Zestimate®
$309/sqft
$510/mo HOA
What's special
Tennis courtsRelaxing waterfront settingLagoon-front poolPrivate washer and dryer
- 154 days
- 318
- 15
Listed by:
Property Owner (850) 544-5215
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Linoleum / Vinyl
Interior area
- Total interior livable area: 680 sqft
Property
Parking
- Total spaces: 2
Features
- Exterior features: Stucco
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 30473069000
Construction
Type & style
- Home type: Condo
Materials
- Roof: Tile
Condition
- New construction: No
- Year built: 1985
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $510 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $191,250
- Annual tax amount: $1,841
- Date on market: 3/29/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,438/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2026 | Listed for sale | $210,000+176.3%$309/sqft |
Source: Owner Report a problem | ||
| 3/21/2003 | Sold | $76,000+17.1%$112/sqft |
Source: Public Record Report a problem | ||
| 10/13/2000 | Sold | $64,900$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,841 +1.1% | $112,603 +10% |
| 2023 | $1,821 +21% | $102,366 +10% |
| 2022 | $1,505 | $93,060 |
| 2021 | -- | -- |
| 2020 | $1,303 +10.7% | $76,909 +10% |
| 2019 | $1,177 | $69,917 +10% |
| 2018 | $1,177 +18.6% | $63,561 +10% |
| 2017 | $993 +2.6% | $57,783 +10% |
| 2016 | $968 +35.7% | $52,530 +3% |
| 2015 | $713 | $51,000 -18.9% |
| 2014 | $713 | $62,900 -1.3% |
| 2013 | -- | $63,750 +8.7% |
| 2012 | -- | $58,650 -12.9% |
| 2011 | -- | $67,320 -13.9% |
| 2010 | -- | $78,200 |
| 2009 | -- | $78,200 -2.6% |
| 2008 | -- | $80,302 -13% |
| 2007 | -- | $92,301 +30% |
| 2006 | -- | $71,001 |
| 2005 | -- | $71,001 +28.7% |
| 2004 | -- | $55,165 |
| 2003 | -- | $55,165 |
| 2002 | -- | $55,165 |
| 2001 | -- | $55,165 |
| 2000 | -- | $55,165 |
Find assessor info on the county website
Monthly payment
Est. payment







