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.
Sold for $155,000 on 10/14/25
Zestimate®
$155,000
8730 Thomas Dr UNIT 1209C, Panama City Beach, FL 32408
1beds
623sqft
Condominium
Built in 1985
-- sqft lot
$155,000 Zestimate®
$249/sqft
$1,354 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 8 hours ago
Listed by:
Mia Nadeau 229-220-0101,
Beachy Beach Real Estate,
Allen C Place 850-381-0743,
Beachy Beach Real Estate
Bought with:
Mia Nadeau
Beachy Beach Real Estate
Allen C Place, 3242535
Beachy Beach Real Estate
Source: CPAR,MLS#: 777309
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Other
- Description: see floorplan in photos
- Level: First
- Dimensions: 0 x 0
Interior area
- Total structure area: 623
- Total interior livable area: 623 sqft
Property
Features
- Pool features: Community
Details
- Parcel number: 30473131000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Barbecue, Clubhouse, Dock, Gated, Pool, Shopping, Tennis Court(s), Waterfront, Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Plazas Of St.Thomas I
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$155,000
2% more+$3,100
With Zillow Showcase(estimated)$158,100