8730 Thomas Drive #1209C
Panama City, FL 32408
623 sqft | 1 bed | 1 bath | #777309
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.
Property Details
- SubdivisionPlazas Of St.Thomas I
- Pool FeaturesPool, Community
- Elementary SchoolBreakfast Point
- Middle SchoolBreakfast Point
- Short SaleListed As Is
- Property SubtypeCondominium
- Property TypePurchase
- StyleLow Rise
- Original List Price$175,500
- High SchoolArnold
- Taxes Annual$1,761
- MLS #777309
- Cost175500
- MLS #777309
- Year Built1985
- Hoa Fees1273
- Square Feet623
- CountyBay
- Days on Market (Cumulative)173
- Bedrooms1
- Bathrooms1
- Full Baths1
- Pool1
Location
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Last Updated: . Source: CPAR
Listing Courtesy
Listing Agent: Mia Nadeau (#B6495)
Listing Office: Beachy Beach Real Estate (#BBBI)
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