8730 Thomas DR #1209C Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32408
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 623 sqft
Price per Sqft $281
Subdivision Plazas Of St.Thomas I
MLS Listing ID 777309
Style Low Rise
Bedrooms 1
Full Baths 1
HOA Fees $424/qua
Year Built 1985
Annual Tax Amount $1,761
Tax Year 2024
Property Sub-Type Condominium
Property Description
Investor Opportunity - Lowest Priced Unit in the Complex and rental projection 23k per year (after remodel)! Located just across from Beach Access 24, this efficiency-style condo is part of a gated, well-maintained community offering fantastic amenities: a community pool on the lagoon, pickleball court, tennis courts, shuffleboard, grilling area, fire pit, dry boat parking, and a private boat dock on the lagoon where condo residents can keep their boat in the water--a rare and valuable feature in this price range. Enjoy easy access to the Gulf, Shell Island, and St. Andrews Bay for boating, fishing, or relaxing on the water.This condo is ready for a full renovation and priced accordingly. It needs new flooring, a kitchen, bathroom, and fresh paint--but once updated, it has great potential as a charming coastal retreat or short-term rental. The layout is compact and efficient, offering an open-concept living and sleeping space. Perfect for a first-time investor ready to learn the ropes and build equity by adding value.
Location
State FL
County Bay
Community Barbecue,Boat Slip,Clubhouse,Dock,Gated,Shopping,Short Term Rental Allowed,Tennis Court(S),Waterfront,Pool
Area 03 - Bay County - Beach
Exterior
Parking Features Boat
Pool Pool,Community
Community Features Barbecue,Boat Slip,Clubhouse,Dock,Gated,Shopping,Short Term Rental Allowed,Tennis Court(s),Waterfront,Pool
Amenities Available Dock,Gated
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Special Listing Condition Listed As-Is