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$240,000
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Property Description
Looking for a ready-to-go vacation rental or a low-maintenance seasonal home? This furnished 1-bed, 1.5-bath condo in the gated Villas of St. Thomas community offers everything you need for comfortable coastal living with strong rental appeal. Located on the ground floor with a covered patio overlooking the lagoon, this unit provides easy access and a relaxing waterfront setting that renters and seasonal residents appreciate. The practical interior layout features tile flooring throughout, a functional kitchen with pantry storage, and a private washer and dryer - all valuable perks for longer stays. The full bedroom connects to the main bath, while the extra half bath and sleeper sofa allow guests to stay comfortably, increasing rental flexibility and occupancy potential. Villas of St. Thomas provides amenities that enhance guest experience, including a lagoon-front pool, tennis courts, clubhouse, sauna, and a community dock with direct access to Grand Lagoon for boating, fishing, and kayaking. Short-term rentals are allowed, making this an income-producing opportunity from day one. Located on the east end of Panama City Beach, the condo sits close to the shoreline, local restaurants, marinas, and popular attractions - a convenient spot that keeps renters returning year after year. A turnkey beach property with amenities, location, and rental demand, this unit is ideal for anyone seeking a coastal getaway that can also serve as an investment.
Full Property Details
Full Property Details for 8730 Thomas Dr #102
General
- Price: $240,000
- Taxes: $2,300 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 782480
- Updated: 12/8/2025
- Added to Site: 40 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: Other, See Remarks, Dock, Gated, Barbecue, Picnic Area, Boat Slip, Sauna
- Pool: Yes
- Pool Description: Fenced, In Ground
- Tennis: Yes
- Security/Safety: Gated Community, Security Gate, Smoke Detector(s), Security Service
Exterior
- Porch/Patio/Deck: Covered, Porch
Parking
- Parking Features: Gated, Parking Lot
Location
- County: Bay
- Subdivision: Villas Of St. Thomas 1
- Driving Directions: CORNER OF THOMAS DR AND JOAN....TURN INTO VILLAS OF ST THOMAS GO THROUGH GATE CONDO ON THE LEFT.1st Building on the left,
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
Structural Information
- Architectural Style: Low Rise
- Sq. Ft. Source: Appraiser
- Year Built: 1984
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Lagoon
- Lot Dimensions: 0 x 0
- Lot Features: Paved
Water Features
- Water Front: Yes
- Water Front Desc.: Lagoon
- Water Front View: Lagoon
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $2,300
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: VILLAS OF ST THOMAS I UNIT 102 TYPE A ORB 962 P 1756 1BR 1.5B 680 H&C ORB 4716 P 2271
- Property ID: 30473-002-000
Listed by Simply South Realty
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Schools
Schools serving 8730 Thomas Dr #102
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 2.2 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8730 Thomas Dr #102
Date
Details
Price
Change
Source
12/08/2025
Listed
$240,000
9.59%
MLS
6/07/2024
Sold
$219,000
—
Public Record
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
Tax History for 8730 Thomas Dr #102
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,300
3%
$191,250
-1%
2023
$2,240
22%
$193,800
18%
2022
$1,834
11%
$163,625
22%
2021
$1,647
—
$133,960
2%
2021
$1,647
40%
$131,750
88%
2019
$1,177
19%
$69,917
10%
2018
$993
3%
$63,561
-29%
2017
$968
36%
$89,250
70%
2016
$714
—
$52,530
3%
2015
$713
-18%
$51,000
-19%
2014
$869
5%
$62,900
-3%
2013
$829
—
$64,515
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8730 Thomas Dr #102
8730 Thomas Drive #102, Panama City, FL 32408 (MLS# 782480) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 8730 Thomas Drive #102 is currently listed for $240,000 and was received on December 08, 2025. Want to learn more about 8730 Thomas Drive #102? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

