$175,500

8730 Thomas Drive 1209C, Panama City, FL 32408

  • 1 bed |
  • 1 bath |
  • 623 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $282/sqft
  • Property List Date Icon Listed 6 days ago

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.

Listing Status:
Active
Date Added:
August 8, 2025 at 05:00AM
Listing Office:
Beachy Beach Real Estate : (850) 233-4351
MLS ID:
777309
  • Style: Low Rise
  • Pool: PoolCommunity
  • Parking: Boat

This listing courtesy of Beachy Beach Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Breakfast Point Academy

601 N Richard Jackson Blvd, Panama City Beach, FL, 32407

Grades KG-8

2.58 miles away

B

Breakfast Point Academy

601 N Richard Jackson Blvd, Panama City Beach, FL, 32407

Grades KG-8

2.58 miles away

J

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

2.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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