BEDS3
BATHS3 full
SQUARE FEET1,322
MLS#1000290
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONVILLAS OF ST THOMAS IV
Property Description
Investor Alert - Turnkey Airbnb with Immediate Cash FlowExceptional 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
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Home Style: N/A
Taxes: $3,982
Year Built: 1984
Feature Descriptions
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: Ground Keeping, Insurance, Land Recreation, Management, Repairs/Maintenance, Sewer, Water, Trash
Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Boat Launch, Community Room, Dock, Dumpster, Fishing, Gated Community, Picnic Area, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront
Days on Site: 9
Exterior: Balcony, Dock, Tennis Court
Financing Terms: Conventional, Other
Flooring: Floor Vinyl
HOA: Yes
Interior: Breakfast Bar, Ceiling Cathedral, Lighting Recessed, Owners Closet, Pantry, Washer/Dryer Hookup
Parcel Number: 30473-057-000
Pool Features: Pool - In-Ground, Pool Type
Property Condition: Construction Complete
Rooms Total: 6
Sauna: Yes
Sewer: Public Sewer
Special View Info: Lagoon, Gulf
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable
Waterfront: Unit Waterfront, Intracoastal Wtrwy, Lagoon
Window: Window Treatment All
Local Schools
High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point
Listed By / Shown By
Listed By
Agency Name: Engel & Voelkers 30A Beaches
Shown By
Agency Title: The Realty Vault
Agency Phone: 850-477-3948
Estimate Your Payment
Estimated Payment
$ 1,401.66 per month $945.87 Principal & Interest $331.83 Property Tax $123.96 Homeowner's Insurance
8730 Thomas Drive, Unit UNIT 409 | MLS# 1000290
This condo located at 8730 Thomas Drive, Unit UNIT 409, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $425,000. This property was built in 1984 and has 3 bedrooms and 3 full baths with 1322 sq. ft. Thomas Drive, Unit UNIT 409 is located in the VILLAS OF ST THOMAS IV subdivision. Search VILLAS OF ST THOMAS IV real estate on www.therealtyvault.com today.