Back 1201-B/8730 Thomas Drive
Off Market

1201-B/8730 Thomas Drive

Lower Grand Lagoon FL 32408

1
1
840 sq. ft.
Condo
Last sold for $173,000
Sam HoldenSam Holden, last sold this property on 14 September 2026 after 738 days on market.

Overview

Welcome to unit 1201-B in the Plaza of St. Thomas Square! Walking distance to the new beachfront Tootsies Orchid Lounge NOW OPEN! Steps to the beach and the lagoon. This 1 bedroom, 1 bath condo offers everything you need for a second home or short-term rental investment property. Centrally located in Panama City Beach near many fantastic restaurants, attractions and a short walk to the world's most beautiful beaches. Golf Carts allowed in the parking lot. Owner can have 2 parking spots. Close to Walmart, Dollar General, Aldi, and many other stores! The unit offers a beautifully updated kitchen with stainless steel appliances and granite countertops. Enjoy the natural light from the living room and dining areas. The bedroom is very spacious and has a private balcony entrance. The bathroom offers a double vanity sink and shower/tub combo. There is laundry in the unit as well as an additional closet that would be a fantastic owner's closet if used as a short- term rental. The balcony Is quite large and has endless possibilities! The plaza offers easy access to many great businesses including a European market, several eateries and the Panama City Winery, just to name a few. The community has wonderful amenities including a beautiful pool and pool house with a lagoon view to match. There is a dock on the lagoon that's perfect for launching your paddle boards and kayaks! Take your boat out to the island! Shuffleboard, tennis courts and a fire pit are also on site.

Features

1 bedroom
1 bathroom
840 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 1201-B/8730 Thomas Drive is $278.75k.

Median value
$278.75k
Estimated value range
$100k - $420k
Median days on market
96
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1201-B/8730 Thomas Drive

2026
Sold
$173,000
14 Sep 2026 by Sam Holden, of Sunspot Realty
2019
Sold
$128,500
20 Sep 2019 by Scott Ingraham, of Scott Ingraham Real Estate

Happy sellers in Lower Grand Lagoon

91%
91% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 1 bedroom condos in Lower Grand Lagoon

In the last 12 months, 138 one-bedroom condos similar to 1201-B/8730 Thomas Drive, have been sold.

This represents a 4% increase in one-bedroom condos sales when compared to the previous 12 months.

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