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For sale by owner
  • $210,000

    8730 Thomas Dr Unit 505, Panama City Beach, FL 32408

    1beds
    680sqft
    : 
    $1,901/mo
    Get pre-qualified
    Condo
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $309/sqft
    $510/mo HOA

    What's special

    Tennis courtsRelaxing waterfront settingLagoon-front poolPrivate washer and dryer
    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.
    154 days
    318
    15
    Listed by:

    Property Owner (850) 544-5215

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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

        DateEventPrice
        3/29/2026Listed for sale$210,000+176.3%$309/sqft
        Source: Owner Report a problem
        3/21/2003Sold$76,000+17.1%$112/sqft
        Source: Public Record Report a problem
        10/13/2000Sold$64,900$95/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        45 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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