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8730 Thomas Drive 1209c
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PRICED AT ONLY: $175,500

Address: 8730 Thomas Drive 1209c, Panama City, FL 32408

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.

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More Like This
  • MLS#: 777309 ( Residential )
  • Street Address: 8730 Thomas Drive 1209c
  • Viewed: 15
  • Price: $175,500
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1985
  • Bldg sqft: 0
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 32

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.
Request More Information
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 623.00
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Boat
Eco-Communities
  • Pool Features: Pool, Community
Utilities
  • Carport Spaces: 0.00
Amenities
  • Association Amenities: Dock, Gated
Finance and Tax Information
  • Home Owners Association Fee Includes: Clubhouse, MaintenanceGrounds, MaintenanceStructure, Pools, TennisCourts, Trash, Water
  • Home Owners Association Fee: 1273.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Furnished: Unfurnished
  • Legal Description: PLAZAS OF ST THOMAS I SUB UNIT #III-1209 ORB 1952 P 572 1BR 1B 623 H&C
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Vacant
  • Parcel Number: 30473-131-000
  • Style: LowRise
  • The Range: 0.00
  • Unit Number: 1209C
  • Views: 15
Nearby Subdivisions
Bay Point Golf Villas Ii   Bay Point Grand Residences   Bay Point Harbour Villas   Bay Point Studio Villas Unit 2   Boardwalk Central   Bonita Point   Dunes Of Panama Phase Iv   Dunes Of Panama Phase V   En Soleil Condo   Grand Lagoon Cove Condominium   Grande Surf Club Condo   Greenwood Estates 5   Greenwood Estates 8   Gulf Crest Condo   Hidden Dunes Condo   Lagoon Estates   Lagoon Towers Phase I   Laketown Wharf   Laketown Wharf Phase Ii   Largo Mar Condo   Magnolia Bay Club   Marina Club Village   Mariner West Condo   Moondrifter   Moonspinner Apartments   Nautical Watch Ii   Ocean Terr. Condo.   Plazas Of St.thomas I   Reflections   Regency Towers   Sand Castles Villa   Seychelles Resort Condominium   Shores Of Panama   Shores Of Panama I   Shores Of Panama Phase I   Shores Of Panama Phase Ii   Stingray Condo.   Sugar Beach Condo   Summerhouse Condo.   Summerhouse Of P.c. 2   Summerhouse Of P.c. 3   Summit   Sun Seeker Condo   Sunbird Condo   Sunswept 4   The Summit   Top Of The Gulf Condo.   Treasure Cove   Treasure Island Resort   Venture Out Travel Trail   Villas Of St. Thomas 1   Villas Of St. Thomas 2   Villas Of St. Thomas V   Watercrest Condo   Waterhaven  
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