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8730 Thomas Dr Unit UNIT 409, Panama City Beach, FL 32408

$425,000
: 3
BD
: 3
BA
: 1,322
SqFt

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List Price: $425,000
Status: ACTIVE
MLS#: 1000290
Bedrooms: 3
Bathrooms: 3
Full Baths: 3
Living Area: 1,322
Year Built: 1984

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Property Description

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

(850) 426-3786

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Additional Information

Area: Bay County
Interior Features: Breakfast Area, Vaulted/Cathedral Ceilings, Recessed Lighting, Lock Out, Pantry, Washer Hookup
Exterior Features: Balcony, Dock, Tennis Court(s)
Waterfront Description: Yes