8730 Thomas Drive #1209C, Panama City, FL 32408 - Photo 1

1/1

$155,000

Sold
Closed
Condo
1 Bed
1 Full Bath

1/1

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.

Full Property Details

Full Property Details for 8730 Thomas Dr #1209C

General

Sold For: $155,000
Taxes: $1,761 (2024)
Status: Closed
Type: Condo
Source: Bay_County
MLS ID: 777309
Added to Site: 163 day(s) ago

Interior

Number of Rooms: 1

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Additional Information

Shared Amenities: Dock, Gated, Barbecue, Boat Slip
Pool: Yes
Pool Description: Community
Tennis: Yes

Location

County: Bay
Subdivision: Plazas Of St.Thomas I
Driving Directions: : Located on the Corner of Joan Ave. and Thomas Dr. Enter through the gate on Joan Ave., Unit is located on 2nd floor of the Main Commercial Plaza Building.

School Information

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

Community

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

Utilities

Sewer: Public Sewer

Structural Information

Architectural Style: Low Rise
Sq. Ft. Source: Appraiser
Year Built: 1985
Other Struct. Feat.: Dumpster

Lot Features

Lot Dimensions: condo

Water Features

Boat Dock Slip: Yes

Financial Considerations

Tax Amount: $1,761
Tax Year: 2024

Disclosures and Reports

Special Conditions: Listed As-Is
Legal Description: PLAZAS OF ST THOMAS I SUB UNIT #III-1209 ORB 1952 P 572 1BR 1B 623 H&C
Property ID: 30473-131-000

Listed and Sold by Beachy Beach Real Estate

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— 8730 Thomas Dr #1209C —

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Schools

Schools serving 8730 Thomas Dr #1209C

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 #1209C

Date

Details

Price

Change

Source

10/14/2025

Sold

$155,000

-6.06%

MLS

9/08/2025

Price Reduced

$165,000

-5.98%

MLS

8/07/2025

Listed

$175,500

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8730 Thomas Drive #1209C, Panama City, FL 32408 (MLS# 777309) is a Condo property that was sold at $155,000 on October 14, 2025. Want to learn more about 8730 Thomas Drive #1209C? 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.

8730 Thomas Dr #1209C Panama City, FL 32408