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Coastal Vibes Luxury Realty
8730 Thomas Drive Unit 1209C, Panama City, FL 32408
- $155,000
- 1
- BD
- 1
- BA
- Sold Price
- $155,000
- List Price
- $165,000
- Closing Date
- Oct 14, 2025
- MLS#
- 777309
- Status
- CLOSED
- Type
- Condo
- Subtype
- Condominium
- Bedrooms
- 1
- Bathrooms
- 1
- Neighborhood
- Beach - South of Grand Lagoon
Property 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.
Additional Information
- Elementary School
- Breakfast Point
- High School
- Arnold
- Lot Dimensions
- condo
- Middle School
- Breakfast Point
- Neighborhood
- Beach - South of Grand Lagoon
- Project Facilities
- Barbecue, Clubhouse, Dock, Gated, Pool, Shopping, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
- Subdivision
- Plazas Of St.Thomas I
- Year Built
- 1985
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Listing courtesy of Beachy Beach Real Estate. Selling Office: Beachy Beach Real Estate.