For Sale

Listed by Kiley Parker

Source: Emerald Coast Association of Realtors #1000290

UNIT 409/8730 Thomas Dr, Lower Grand Lagoon, FL, 32408

$425,000

3
3
1322 sq. ft.

Condo

30+ days on the market

What's around UNIT 409/8730 Thomas Dr

About this property

Investor Alert - Turnkey Airbnb with Immediate Cash Flow Exceptional opportunity in Panama City Beach--legal short-term rental with a 6.4% cap rate and projected income of $51,768. Sold fully furnished with future bookings in place. This 2-story condo in the gated Villas of St. Thomas Square offers a boat dock, a 2 block walk to the beach and water views overlooking St. Andrews Bay. Features include private balcony, modern kitchen with washer/dryer, smart thermostat, smart TVs, fresh paint, and updated fixtures. Community amenities: pool, tennis, clubhouse, sauna, BBQ. Low HOA + unincorporated Bay County = favorable STR taxes. Seller offering 3 months of complimentary management. Largest + best decor + best situated unit in complex! Walkable to beaches, dining, and entertainment

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