For Sale

Listed by Kelsey Payne and Amber Enfinger

Source: Bay County Realtors Association #782480

102/8730 Thomas Drive, Lower Grand Lagoon, FL, 32408

$240,000

1
2
680 sq. ft.

Condo

30+ days on the market

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About this property

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.

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