Panama City Beach, FL 32408,8817 S Thomas DR #A503
Panama City Beach, FL 32408,8817 S Thomas DR #A503
Panama City Beach, FL 32408,8817 S Thomas DR #A503
46
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$255,000
$279,900 8.9%
Est. payment /mo
1 Bath
Sold on 10/31/2025

8817 S Thomas DR #A503 Panama City Beach, FL 32408

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Michele Monastra
Michele Monastra

Agent | License ID: 3568384

+1(850) 493-7653

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UPDATED:

Key Details

Sold Price $255,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Subdivision Top Of The Gulf Condo.

MLS Listing ID 776776

Sold Date 10/31/25

Style High Rise

Full Baths 1

HOA Y/N Yes

Year Built 1976

Annual Tax Amount $2,860

Tax Year 2024

Property Sub-Type Condominium

Property Description

$54,400 in revenue June '24 - July '25: 20.16% ROI on the asking price! One of the best studio earners on the market: a money-making machine with minimal maintenance! Priced to sell! Brand new water heater - August 2025.

A standout investment opportunity at Top of the Gulf, this fully renovated Direct Beachfront Studio has rented incredibly well, all while requiring virtually no ongoing maintenance. Upgraded recently with new flooring, full-sized kitchen appliances in a fully-equipped kitchenette, two queen-sized memory-foam beds, a gorgeous custom-made shiplap wall plank backdrop, and a designer electric fireplace, this turnkey unit comfortably accommodates 4 guests in one of Panama City Beach's most desirable beachfront addresses.

With minimal HOA fees, professional management in place, prepaid beach chairs, and long-term demand proven by consistent five-star ratings on Airbnb and VRBO, this property offers an exceptional blend of hassle-free ownership and premium rental returns. The resort features an exclusive and private beach entrance, a phenomenal pool, a game room, a gym, a gazebo, sunset decks, and much more - all while being situated in one of the most desirable locations in town. The resort is just a few steps away from the new location of the famous Tootsie's bar, which is taking over the formerly internationally renowned Spinnaker club. Moreover, St. Andrews State Park and Shell Island are just 4 miles away from the resort.

Location

State FL

County Bay

Community Barbecue, Elevator, Fitness Center, Game Room, Pool, Waterfront, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Fireplace, Smart Thermostat

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace Yes

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Parking Features Parking Lot

Pool Fenced, In Ground, Community

Community Features Barbecue, Elevator, Fitness Center, Game Room, Pool, Waterfront, Short Term Rental Allowed

Utilities Available Cable Connected

Amenities Available Beach Rights, Beach Access, Game Room, Gazebo, Barbecue

Waterfront Description Gulf,Shoreline - Sand,Waterfront

View Y/N Yes

Water Access Desc Gulf,Shoreline - Sand,Waterfront

View Gulf

Roof Type Flat

Building

Lot Description Waterfront

Architectural Style High Rise

New Construction No

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

HOA Fee Include Association Management,Fitness Facility,Internet,Maintenance Grounds,Maintenance Structure,Pool(s),Water

Tax ID 34994-203-000

Special Listing Condition Listed As-Is


Listed by Alikhver Realty
Bought with Dalton Wade Inc

GET MORE INFORMATION

Michele Monastra

Michele Monastra

Agent | License ID: 3568384

+1(850) 493-7653

Name
Phone*
Message

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8817 S Thomas DR #A503