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$225,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 1 Partial Bath
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Where coastal ease meets everyday comfort, and gross rental history exceeded $27K for 2025, Villa 504 at The Villas at St. Thomas captures the best of lagoon-front living. Perfectly positioned on the ground level, this residence allows you to step effortlessly from your screened patio to the water's edge. Life here feels private yet connected, surrounded by resort-style amenities including a sparkling pool off the lagoon, tennis courts, sauna, grilling area, community dock, and dry -boat storage, with on-site dining, entertainment, and the Gulf just moments from your door. Inside, the one-bedroom plus bunk alcove layout balances function and flow with an open concept design, granite countertops, and a casual breakfast bar that anchors the kitchen. Wood-tone plank and tile flooring add warmth and durability throughout, complemented by an updated bath and in-unit washer and dryer for convenience. Whether enjoyed as a personal retreat or a smart investment, Villa 504 embodies effortless coastal living -- blending relaxed luxury, thoughtful updates, and unbeatable proximity to the Gulf beaches, local dining, and shopping that define Panama City Beach.

Full Property Details for 8730 Thomas Dr #504

General

  • Price: $225,000
  • Taxes: $2,548 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 786837
  • Updated: 3/14/2026
  • Added to Site: 20 day(s) ago

Interior

  • Number of Rooms: 3
  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: Stacked

Additional Information

  • Shared Amenities: Dock, Gated, Barbecue, Sauna
  • Pool: Yes
  • Pool Description: In Ground, Community
  • Tennis: Yes
  • Security/Safety: Security Gate, Secured Garage/Parking, Gated Community, Security Fence, Security Lights

Exterior

  • Porch/Patio/Deck: Covered, Patio

Parking

  • Parking Features: Additional Parking, Gated, Paved

Location

  • County: Bay
  • Subdivision: Villas Of St. Thomas 5
  • Driving Directions: From Hwy 98, take Allison Ave. South. Where Allison Ave intersects N Lagoon Dr, take a right. Travel for 1.5 miles, then take a left onto Joan Ave. Follow Joan South for 1.6 miles till you see St. Thomas on your left. Enter through the gate and find the Villas Building 5.

School Information

  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Cable Connected, Electricity Available

Structural Information

  • Architectural Style: Low Rise
  • Construction: Stucco
  • Roof: Tile
  • Elevator: Yes
  • Sq. Ft. Source: Appraiser
  • Year Built: 1985

Lot Features

  • Property View: Lagoon
  • Lot Dimensions: 0 x 0
  • Lot Features: Paved
  • Zoning: Resid Single Family

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lagoon
  • Water Front View: Lagoon

Financial Considerations

  • Tax Amount: $2,548
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: VILLAS OF ST THOMAS V UNIT 504 TYPE A ORB 984 P 1653 1BR 1.5B 680 H&C ORB 4645 P 344
  • Property ID: 30473-068-000

Listed by Corcoran Reverie

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— 8730 Thomas Dr #504 —

  • Corcoran Reverie

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 8730 Thomas Dr #504 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/14/2026
Listed
$225,000
-1.32%
MLS
10/31/2022
Sold
$228,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8730 Thomas Dr #504

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,508
5%
$204,000
7%
2024
$2,390
-3%
$191,250
-1%
2023
$2,463
50%
$193,800
45%
2021
$1,647
-15%
$133,960
-18%
2022
$1,933
17%
$163,625
24%
2021
$1,647
279%
$131,750
104%
2019
$434
—
$64,495
2%
2018
$434
-55%
$63,292
-29%
2017
$968
36%
$89,250
70%
2016
$714
—
$52,530
3%
2015
$713
-18%
$51,000
-19%
2014
$869
11%
$62,900
-1%
2013
$784
—
$63,750
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Corcoran Reverie

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8730 Thomas Drive #504, Panama City Beach, FL 32408 (MLS# 786837) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 8730 Thomas Drive #504 is currently listed for $225,000 and was received on March 15, 2026. Want to learn more about 8730 Thomas Drive #504? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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