#776287, Listing office: The Travare Brokerage Firm
8817 S Thomas Dr Unit A503 Panama City Beach, FL 32408
Property details
About 8817 S Thomas Dr Unit A503
$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.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
- Interior: Fireplace, Smart Thermostat
- Parking: Parking Lot
- Waterfront: Gulf, Sandy Shoreline, Waterfront
- View: Gulf
- Architectural Style: High Rise
- Heating: Central
- Cooling: Central Air
- List Price: $269,900
- Price/SqFt: $551
- HOA Amount: $482 Monthly
- Lot: Waterfront
- Directions: Top of the Gulf Condo A-503
- Year Built: 1976
- Living Area: 489 SqFt
- MLS Number: 776776
- MLS Name: BCAR
- Office Name: Alikhver Realty
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Last updated on: 7/27/2025, 6:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
7
Patronis Elementary School
Public District KG-5
1.9 mi
•7400 Patronis Dr
7
Hutchison Beach Elementary School
Public District KG-5
3.2 mi
•12900 Hutchison Blvd
5
Lucille Moore Elementary School
Public District PK-5
5.4 mi
•1900 Michigan Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,561. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 8817 S Thomas Dr Unit A503
The listing price of 8817 S Thomas Dr Unit A503 property is $269,900.
The property 8817 S Thomas Dr Unit A503 is a condo located in Panama City Beach, Florida, 32408.
Active Listing: 8817 S Thomas Dr Unit A503 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8817 S Thomas Dr Unit A503 are: Patronis Elementary School (GreatSchools Rating 7/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), Breakfast Point Academy (GreatSchools Rating 6/10), Surfside Middle School (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), J.R. Arnold High School (GreatSchools Rating 5/10), Rising Leaders Academy (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).
The property at 8817 S Thomas Dr Unit A503 has 0 bedroom and 1 bathroom.
The property 8817 S Thomas Dr Unit A503 is 489 SqFt (source: MLS/tax record).
The year of construction for 8817 S Thomas Dr Unit A503 is 1976.
This home is located at 8817 S Thomas Dr Unit A503 in Panama City Beach, FL and zip code 32408. This 489 square foot home was built in 1976. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $269,900.
In June 2025 more than 1 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 119 were sold below. The number of homes for sale in Panama City Beach, FL increased by 1.2% between May and June 2025. Listings spent 87 days on the market in June 2025, and had a median list price of $435,000 during the same period.