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.
For sale
$175,500
8730 Thomas Dr UNIT 1209C, Panama City Beach, FL 32408
1beds
623sqft
Est.:
Condominium
Built in 1985
-- sqft lot
$162,700 Zestimate®
$282/sqft
$424/mo HOA
What's special
Tennis courtsShell islandDry boat parkingPickleball courtFire pitGrilling area
- 15 days
- on Zillow |
- 655 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 01:04am
Listed by:
Mia Nadeau 229-220-0101,
Beachy Beach Real Estate
Source: CPAR,MLS#: 777309
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Other
Other
- Description: see floorplan in photos
- Level: First
- Area: 0
- Dimensions: 0 x 0
Interior area
- Total interior livable area: 623 sqft
Property
Parking
- Parking features: Boat
Features
- Pool features: Pool, Community
Details
- Parcel number: 30473131000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Condition
- Year built: 1985
Community & HOA
Community
- Features: Barbecue, Boat Slip, Clubhouse, Dock, Gated, Shopping, Short Term Rental Allowed, Tennis Court(s), Waterfront, Pool
- Subdivision: Plazas Of St.Thomas I
HOA
- Has HOA: Yes
- Amenities included: Dock, Gated
- Services included: Clubhouse, Maintenance Grounds, Maintenance Structure, Pool(s), Tennis Courts, Trash, Water
- HOA fee: $1,273 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $282/sqft
- Annual tax amount: $1,761
- Date on market: 8/8/2025
- Loading
- Loading