Home\Real Estate\Search Results\8817 S Thomas Drive, A503, Panama City Beach, FL 32408

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

#776776

RES

0/1

Built in 1976

$279,900

Details

$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.
GENERAL
Real Estate Type RES
Full Bathrooms 1
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Real Estate Sub Type Condominium
Stories 0
Year Built 1,976
Unit Number A503
Lot Size Area 0
Lot Size Dimensions 0x0
Agent Key 27,028,540
Agent MLS Id B11849
Office Key 5,952,243
Source System Name Central Panhandle Association of REALTORS®
Source System Id TRESTLE
Office Phone 404-933-7966
Agent Url http://https://www.alikhver.com
Elevation 0
Parcel Number 34994-203-000
Number Of Units Total 0
Tax Legal Description TOP OF THE GULF CONDO UNIT # A-503 EFF 1B 489 H&C ORB 504 P 566 . ORB 4500 P 637
Special Listing Conditions ListedAsIs
Internet Address Display True
Internet Automated Valuation Display True
Agent Name Gleb Alikhver
Agent Email [email protected]
Agent Cell 404-933-7966
Agent Office 404-933-7966
Broker Id ALRE
Office Name Alikhver Realty
Listing Contract Date 7/25/2025
Square Feet 489
Days On Market 43
Status Active
BUILDING
Construction Concrete
Stucco
Cooling CentralAir
Heating Central
Roof Flat
Style HighRise
Interior Features Fireplace
SmartThermostat
Appliances Dishwasher
Microwave
Refrigerator
Flooring Laminate
Fireplace True
Parking Total 0
Parking Features ParkingLot
Waterfront Features Gulf
ShorelineSand
Waterfront
Rooms 1
Utilities CableConnected
Private Pool False
Spa False
LOCATION
Subdivision Top Of The Gulf Condo.
View Gulf
Directions Top of the Gulf Condo A-503
County Bay
Waterfront True
SCHOOLS
Elementary School Breakfast Point
Middle School Breakfast Point
High School Arnold

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