$175,500

St Thomas Square 8730 Thomas Dr Unit 1209 Panama City, FL 32408

Estimated payment $1,531/month

Total Views 690
1 Bed
1 Bath
623 Sq Ft
$282 Price per Sq Ft

Highlights

  • Waterfront Community
  • Boat Dock
  • Gated Community
  • J.R. Arnold High School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

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.

Listing Agent

Mia Nadeau

Beachy Beach Real Estate Listed on: 08/08/2025

Beachy Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1985

HOA Fees

  • $424 Monthly HOA Fees

Home Design

  • 623 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Community Details

Overview

  • Association fees include clubhouse, ground maintenance, maintenance structure, pool(s), tennis courts, trash, water
  • Low-Rise Condominium
  • Plazas Of St.Thomas I Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,761

Year Built

Built in 1985

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Lot Size: condo
  • Subdivision Name: Plazas Of St.Thomas I
  • Architectural Style: Low Rise
  • Entry Level: 2
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 623.0
  • Dining Room Type: Other

Exterior Features

  • Pool Features: Pool, Community
  • Waterfront: No

Garage/Parking

  • Parking Features: Boat
  • Garage: No

Condo/Co-op/Association

  • Association Fee: 1273.0
  • Community Features: Barbecue, Boat Slip, Clubhouse, Dock, Gated, Shopping, Short Term Rental Allowed, Tennis Court(s), Waterfront, Pool
  • Amenities: Dock, Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Grounds, Maintenance Structure, Pool(s), Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1761.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,519 $104,355 -- --
2023 $1,519 $94,868 $0 $148,325
2022 $1,276 $86,244 $0 $0
2021 $1,106 $78,404 $0 $0
2020 $1,004 $87,465 $0 $87,465
2019 $872 $67,524 $0 $67,524
2018 $911 $64,796 $0 $0
2017 $786 $58,905 $0 $0
2016 $727 $53,550 $0 $0
2015 $709 $50,397 $0 $0
2014 $680 $45,815 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $175,500 -- $282 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Corporate Deed $39,000 Lawyers Title Agency Of Nort
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 777309

Central Panhandle Association of REALTORS®

APN: 30473-131-000