$269,900

8817 S Thomas Drive A503, Panama City Beach, FL 32408

  • 1 bath |
  • 489 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $552/sqft
  • Property List Date Icon Listed 2 days ago

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! 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.

Listing Status:
Active
Date Added:
July 25, 2025 at 05:00AM
Listing Office:
Alikhver Realty : (404) 933-7966
MLS ID:
776776
  • General: FireplaceSmart Thermostat
  • Appliances: DishwasherElectric OvenElectric RangeMicrowaveRefrigerator
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Fireplace

This listing courtesy of Alikhver Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Breakfast Point Academy

601 N Richard Jackson Blvd, Panama City Beach, FL, 32407

Grades KG-8

2.39 miles away

B

Breakfast Point Academy

601 N Richard Jackson Blvd, Panama City Beach, FL, 32407

Grades KG-8

2.39 miles away

J

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

2.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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